Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Viet Nam
Viet Nam: Benefits incidence in 5th quintile (richest) (%) - Domestic Private was 27.7% in 2020. ▼ Falling
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Viet Nam, 2006–2020
Source: ASPIRE. Measured in preT.
Analysis
Viet Nam recorded 27.7% for benefits incidence in 5th quintile (richest) (%) - domestic private in 2020. That is the lowest value across all 6 years on record.
The figure is down 31.4% on the previous year and down 53.4% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - domestic private in Viet Nam peaked at 59.4% in 2010 and was at its lowest, 27.7%, in 2020.
That places Viet Nam 26th out of 31 countries with data for 2020, putting it in the bottom quarter.
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Viet Nam, year by year
| Year | preT | Change |
|---|---|---|
| 2006 | 43.6% | — |
| 2010 | 59.4% | +36.1% |
| 2012 | 42.1% | -29.0% |
| 2014 | 43.9% | +4.1% |
| 2018 | 40.3% | -8.1% |
| 2020 | 27.7% | -31.4% |
Viet Nam compared with similar countries
- Viet Nam's 27.7% is below the median for upper middle income countries, which is 32.1%, 86% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.6% | 43.6% | 43.6% | 1 |
| 2010s | 46.4% | 40.3% | 59.4% | 4 |
| 2020s | 27.7% | 27.7% | 27.7% | 1 |
Countries ranked near Viet Nam
More work & labour data for Viet Nam
- 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) (%) - domestic private in Viet Nam?
- Benefits incidence in 5th quintile (richest) (%) - domestic private in Viet Nam was 27.7% in 2020, according to ASPIRE.
- What is the highest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Viet Nam?
- The highest recorded value was 59.4% in 2010.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Viet Nam?
- The lowest recorded value was 27.7% in 2020.
- How does Viet Nam rank for benefits incidence in 5th quintile (richest) (%) - domestic private?
- Viet Nam ranks 26th out of 31 countries with data for 2020.
- Is benefits incidence in 5th quintile (richest) (%) - domestic private rising or falling in Viet Nam?
- Over the last ten years it is down 53.4%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Benefits incidence in 5th quintile (richest) (%) - Domestic Private Transfers (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