Benefits incidence in 5th … Benefits International Private in Vietnam
Vietnam: Benefits incidence in 5th … Benefits International Private was 33.6% in 2020. ▼ Falling
Benefits incidence in 5th quintile (richest) (%) - International in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
Vietnam recorded 33.6% for benefits incidence in 5th quintile (richest) (%) - international in 2020. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 28.6% on the previous year and down 47.1% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - international in Vietnam peaked at 63.5% in 2010 and was at its lowest, 33.6%, in 2020.
That places Vietnam 22nd out of 27 countries with data for 2020, putting it in the bottom quarter.
Benefits incidence in 5th … Benefits International Private in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 63.4% | — |
| 2010 | 63.5% | +0.2% |
| 2012 | 45.3% | -28.6% |
| 2014 | 44.3% | -2.2% |
| 2018 | 47.0% | +6.1% |
| 2020 | 33.6% | -28.6% |
Vietnam compared with similar countries
- Vietnam's 33.6% is below the median for upper middle income countries, which is 43.4%, 77% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.4% | 63.4% | 63.4% | 1 |
| 2010s | 50.0% | 44.3% | 63.5% | 4 |
| 2020s | 33.6% | 33.6% | 33.6% | 1 |
Countries ranked near Vietnam
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) (%) - international in Vietnam?
- Benefits incidence in 5th quintile (richest) (%) - international in Vietnam was 33.6% in 2020, according to ASPIRE.
- What is the highest benefits incidence in 5th quintile (richest) (%) - international recorded in Vietnam?
- The highest recorded value was 63.5% in 2010.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - international recorded in Vietnam?
- The lowest recorded value was 33.6% in 2020.
- How does Vietnam rank for benefits incidence in 5th quintile (richest) (%) - international?
- Vietnam ranks 22nd out of 27 countries with data for 2020.
- Is benefits incidence in 5th quintile (richest) (%) - international rising or falling in Vietnam?
- Over the last ten years it is down 47.1%. 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) (%) - International Private Transfers. 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