Benefits incidence in 5th quintile … 5th Protection Labor preT in Vietnam
Vietnam: Benefits incidence in 5th quintile … 5th Protection Labor preT was 24.2% in 2020. ▼ Falling
Benefits incidence in 5th quintile (richest) (%) -All Social in Vietnam, 2006–2020
Source: ASPIRE. Measured in preT.
Analysis
In 2020, benefits incidence in 5th quintile (richest) (%) -all social in Vietnam stood at 24.2%. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 1.3% on the previous year and down 37.2% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) -all social in Vietnam peaked at 40.1% in 2014 and was at its lowest, 24.2%, in 2020.
That places Vietnam 21st out of 37 countries with data for 2020, putting it in the middle of the range.
Benefits incidence in 5th quintile … 5th Protection Labor preT in Vietnam, year by year
| Year | preT | Change |
|---|---|---|
| 2006 | 35.2% | — |
| 2010 | 38.6% | +9.4% |
| 2012 | 36.7% | -4.7% |
| 2014 | 40.1% | +9.3% |
| 2018 | 24.5% | -38.9% |
| 2020 | 24.2% | -1.3% |
Vietnam compared with similar countries
- Vietnam's 24.2% is below the median for upper middle income countries, which is 24.3%, 100% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.2% | 35.2% | 35.2% | 1 |
| 2010s | 35.0% | 24.5% | 40.1% | 4 |
| 2020s | 24.2% | 24.2% | 24.2% | 1 |
Countries ranked near Vietnam
- 18 Dominican Republic 30.3% compare
- 19 Sri Lanka 29.9% compare
- 20 Turkey 24.4% compare
- 22 Kazakhstan 21.9% compare
- 23 Thailand 18.4% compare
- 24 Kyrgyzstan 17.4% 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 5th quintile (richest) (%) -all social in Vietnam?
- Benefits incidence in 5th quintile (richest) (%) -all social in Vietnam was 24.2% in 2020, according to ASPIRE.
- What is the highest benefits incidence in 5th quintile (richest) (%) -all social recorded in Vietnam?
- The highest recorded value was 40.1% in 2014.
- What is the lowest benefits incidence in 5th quintile (richest) (%) -all social recorded in Vietnam?
- The lowest recorded value was 24.2% in 2020.
- How does Vietnam rank for benefits incidence in 5th quintile (richest) (%) -all social?
- Vietnam ranks 21st out of 37 countries with data for 2020.
- Is benefits incidence in 5th quintile (richest) (%) -all social rising or falling in Vietnam?
- Over the last ten years it is down 37.2%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Benefits incidence in 5th quintile (richest) (%) -All Social Protection and Labor (preT). Statizoid updates them automatically from the source API.
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About this data
Percentage of benefits going to the richestquintile relative to the total benefits going to the population