Coverage in 5th quintile (richest) (%) - All Social Insurance -urban in Vietnam
Vietnam: Coverage in 5th quintile (richest) (%) - All Social Insurance -urban was 32.2% in 2020. ▼ Falling
Coverage in 5th quintile (richest) (%) - All Social Insurance -urban in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
Vietnam recorded 32.2% for coverage in 5th quintile (richest) (%) - all social insurance -urban in 2020.
That represents a change of up 291.8% on the previous year and down 23.0% over ten years.
Over the whole period, coverage in 5th quintile (richest) (%) - all social insurance -urban in Vietnam peaked at 45.6% in 2006 and was at its lowest, 8.2%, in 2018.
That places Vietnam 19th out of 37 countries with data for 2020, putting it in the middle of the range.
Coverage in 5th quintile (richest) (%) - All Social Insurance -urban in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 45.6% | — |
| 2010 | 41.9% | -8.2% |
| 2012 | 38.6% | -7.7% |
| 2014 | 40.8% | +5.6% |
| 2018 | 8.2% | -79.8% |
| 2020 | 32.2% | +291.8% |
Vietnam compared with similar countries
- Vietnam's 32.2% is below the median for upper middle income countries, which is 32.9%, 98% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.6% | 45.6% | 45.6% | 1 |
| 2010s | 32.4% | 8.2% | 41.9% | 4 |
| 2020s | 32.2% | 32.2% | 32.2% | 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 -urban in Vietnam?
- Coverage in 5th quintile (richest) (%) - all social insurance -urban in Vietnam was 32.2% in 2020, according to ASPIRE.
- What is the highest coverage in 5th quintile (richest) (%) - all social insurance -urban recorded in Vietnam?
- The highest recorded value was 45.6% in 2006.
- What is the lowest coverage in 5th quintile (richest) (%) - all social insurance -urban recorded in Vietnam?
- The lowest recorded value was 8.2% in 2018.
- How does Vietnam rank for coverage in 5th quintile (richest) (%) - all social insurance -urban?
- Vietnam ranks 19th out of 37 countries with data for 2020.
- Is coverage in 5th quintile (richest) (%) - all social insurance -urban rising or falling in Vietnam?
- Over the last ten years it is down 23.0%. 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 -urban. Statizoid updates them automatically from the source API.
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About this data
Percentage of population participating in Social Insurance programs (includes direct and indirect beneficiaries)