Coverage in 5th quintile (richest) (%) - All Social Insurance (preT) in Vietnam
Vietnam: Coverage in 5th quintile (richest) (%) - All Social Insurance (preT) was 20.7% in 2020. ▼ Falling
Coverage in 5th quintile (richest) (%) - All Social Insurance in Vietnam, 2006–2020
Source: ASPIRE. Measured in preT.
Analysis
The most recent figure for coverage in 5th quintile (richest) (%) - all social insurance in Vietnam is 20.7%, measured in 2020.
That represents a change of up 261.6% on the previous year and down 28.8% over ten years.
Over the whole period, coverage in 5th quintile (richest) (%) - all social insurance in Vietnam peaked at 33.1% in 2006 and was at its lowest, 5.7%, in 2018.
That places Vietnam 24th out of 37 countries with data for 2020, putting it in the middle of the range.
Coverage in 5th quintile (richest) (%) - All Social Insurance (preT) in Vietnam, year by year
| Year | preT | Change |
|---|---|---|
| 2006 | 33.1% | — |
| 2010 | 29.1% | -12.1% |
| 2012 | 27.3% | -6.3% |
| 2014 | 29.6% | +8.4% |
| 2018 | 5.7% | -80.6% |
| 2020 | 20.7% | +261.6% |
Vietnam compared with similar countries
- Vietnam's 20.7% is below the median for upper middle income countries, which is 23.4%, 88% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.1% | 33.1% | 33.1% | 1 |
| 2010s | 22.9% | 5.7% | 29.6% | 4 |
| 2020s | 20.7% | 20.7% | 20.7% | 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 coverage in 5th quintile (richest) (%) - all social insurance in Vietnam?
- Coverage in 5th quintile (richest) (%) - all social insurance in Vietnam was 20.7% in 2020, according to ASPIRE.
- What is the highest coverage in 5th quintile (richest) (%) - all social insurance recorded in Vietnam?
- The highest recorded value was 33.1% in 2006.
- What is the lowest coverage in 5th quintile (richest) (%) - all social insurance recorded in Vietnam?
- The lowest recorded value was 5.7% in 2018.
- How does Vietnam rank for coverage in 5th quintile (richest) (%) - all social insurance?
- Vietnam ranks 24th out of 37 countries with data for 2020.
- Is coverage in 5th quintile (richest) (%) - all social insurance rising or falling in Vietnam?
- Over the last ten years it is down 28.8%. 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 Coverage in 5th quintile (richest) (%) - All Social Insurance (preT). 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 population participating in Social Insurance programs (includes direct and indirect beneficiaries)