Coverage of social insurance programs in richest quintile (%) in Vietnam
Vietnam: Coverage of social insurance programs in richest quintile (%) was 24.7% in 2020. ▼ Falling
Coverage of social insurance programs in richest quintile in Vietnam, 2006–2020
Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of population.
Analysis
In 2020, coverage of social insurance programs in richest quintile in Vietnam stood at 24.7%.
The figure is up 278.5% on the previous year and down 23.2% over ten years.
Over the whole period, coverage of social insurance programs in richest quintile in Vietnam peaked at 36.1% in 2006 and was at its lowest, 6.5%, in 2018.
That places Vietnam 25th out of 37 countries with data for 2020, putting it in the middle of the range.
Coverage of social insurance programs in richest quintile (%) in Vietnam, year by year
| Year | % of population | Change |
|---|---|---|
| 2006 | 36.1% | — |
| 2010 | 32.1% | -11.0% |
| 2012 | 30.2% | -6.0% |
| 2014 | 33.4% | +10.6% |
| 2018 | 6.5% | -80.5% |
| 2020 | 24.7% | +278.5% |
Vietnam compared with similar countries
- Vietnam's 24.7% is below the median for upper middle income countries, which is 30.5%, 81% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.1% | 36.1% | 36.1% | 1 |
| 2010s | 25.6% | 6.5% | 33.4% | 4 |
| 2020s | 24.7% | 24.7% | 24.7% | 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 of social insurance programs in richest quintile in Vietnam?
- Coverage of social insurance programs in richest quintile in Vietnam was 24.7% in 2020, according to ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB).
- What is the highest coverage of social insurance programs in richest quintile recorded in Vietnam?
- The highest recorded value was 36.1% in 2006.
- What is the lowest coverage of social insurance programs in richest quintile recorded in Vietnam?
- The lowest recorded value was 6.5% in 2018.
- How does Vietnam rank for coverage of social insurance programs in richest quintile?
- Vietnam ranks 25th out of 37 countries with data for 2020.
- Is coverage of social insurance programs in richest quintile rising or falling in Vietnam?
- Over the last ten years it is down 23.2%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB), published as part of Coverage of social insurance programs in richest quintile (% of population). Statizoid updates them automatically from the source API.
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About this data
Coverage of social insurance programs shows the percentage of population participating in programs that provide old age contributory pensions (including survivors and disability) and social security and health insurance benefits (including occupational injury benefits, paid sick leave, maternity and other social insurance). Estimates include both direct and indirect beneficiaries.