Benefits incidence in 2nd … Benefits International Private in Vietnam
Vietnam: Benefits incidence in 2nd … Benefits International Private was 18.3% in 2020. ◆ Volatile
Benefits incidence in 2nd quintile (%) - International Private in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
Vietnam recorded 18.3% for benefits incidence in 2nd quintile (%) - international private in 2020. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 522.3% on the previous year and up 318.8% over ten years.
Over the whole period, benefits incidence in 2nd quintile (%) - international private in Vietnam peaked at 18.3% in 2020 and was at its lowest, 2.9%, in 2018.
That places Vietnam 2nd out of 27 countries with data for 2020, putting it in the top 10%.
Benefits incidence in 2nd … Benefits International Private in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 5.5% | — |
| 2010 | 4.4% | -21.1% |
| 2012 | 7.3% | +67.6% |
| 2014 | 9.3% | +26.2% |
| 2018 | 2.9% | -68.2% |
| 2020 | 18.3% | +522.3% |
Vietnam compared with similar countries
- Vietnam's 18.3% is above the median for upper middle income countries, which is 9.8%, 1.9× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.5% | 5.5% | 5.5% | 1 |
| 2010s | 6.0% | 2.9% | 9.3% | 4 |
| 2020s | 18.3% | 18.3% | 18.3% | 1 |
Countries ranked near Vietnam
- 1 South Africa 19.4% compare
- 3 Moldova 16.5% compare
- 4 Mexico 15.4% compare
- 5 Kyrgyzstan 13.2% compare
More work & labour data for Vietnam
- Persons outside the labour force (ILO modelled estimates) 22,535 (2027)
- Labour force participation rate (ILO modelled estimates) 71.95 (2027)
- Labour force (ILO modelled estimates) 57,816 (2027)
- Unemployment rate (ILO modelled estimates) 1.61 (2027)
- Labour dependency ratio 0.806 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,426 (2027)
- Output per worker, GDP constant 2015 US $ 8,480 (2027)
- Employment-to-population ratio (ILO modelled estimates) 70.79 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 3.1 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.7361 % change on previous year (2027)
Frequently asked questions
- What is benefits incidence in 2nd quintile (%) - international private in Vietnam?
- Benefits incidence in 2nd quintile (%) - international private in Vietnam was 18.3% in 2020, according to ASPIRE.
- What is the highest benefits incidence in 2nd quintile (%) - international private recorded in Vietnam?
- The highest recorded value was 18.3% in 2020.
- What is the lowest benefits incidence in 2nd quintile (%) - international private recorded in Vietnam?
- The lowest recorded value was 2.9% in 2018.
- How does Vietnam rank for benefits incidence in 2nd quintile (%) - international private?
- Vietnam ranks 2nd out of 27 countries with data for 2020.
- Is benefits incidence in 2nd quintile (%) - international private rising or falling in Vietnam?
- Over the last ten years it is up 318.8%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Benefits incidence in 2nd quintile (%) - International Private Transfers. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage of benefits going to the second quintile relative to the total benefits going to the population