Gini inequality index reduction (%) - All Social Insurance (Insurance) in Vietnam
Vietnam: Gini inequality index reduction (%) - All Social Insurance (Insurance) was 1.0% in 2020. ◆ Volatile
Gini inequality index reduction (%) - All Social Insurance in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for gini inequality index reduction (%) - all social insurance in Vietnam is 1.0%, measured in 2020.
That represents a change of up 489.0% on the previous year and up 171.6% over ten years.
Over the whole period, gini inequality index reduction (%) - all social insurance in Vietnam peaked at 1.3% in 2006 and was at its lowest, 0.2%, in 2018.
That places Vietnam 20th out of 34 countries with data for 2020, putting it in the middle of the range.
Gini inequality index reduction (%) - All Social Insurance (Insurance) in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 1.3% | — |
| 2010 | 0.4% | -70.0% |
| 2012 | 1.2% | +207.6% |
| 2014 | 0.8% | -36.3% |
| 2018 | 0.2% | -76.5% |
| 2020 | 1.0% | +489.0% |
Vietnam compared with similar countries
- Vietnam's 1.0% is below the median for upper middle income countries, which is 4.0%, 26% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 1.3% | 1.3% | 1 |
| 2010s | 0.6% | 0.2% | 1.2% | 4 |
| 2020s | 1.0% | 1.0% | 1.0% | 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 gini inequality index reduction (%) - all social insurance in Vietnam?
- Gini inequality index reduction (%) - all social insurance in Vietnam was 1.0% in 2020, according to ASPIRE.
- What is the highest gini inequality index reduction (%) - all social insurance recorded in Vietnam?
- The highest recorded value was 1.3% in 2006.
- What is the lowest gini inequality index reduction (%) - all social insurance recorded in Vietnam?
- The lowest recorded value was 0.2% in 2018.
- How does Vietnam rank for gini inequality index reduction (%) - all social insurance?
- Vietnam ranks 20th out of 34 countries with data for 2020.
- Is gini inequality index reduction (%) - all social insurance rising or falling in Vietnam?
- Over the last ten years it is up 171.6%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Gini inequality index reduction (%) - All Social Insurance. Statizoid updates them automatically from the source API.
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About this data
Gini inequality index reduction due to Social Insurance programs as % of pre-transfer Gini index