Poverty Gap reduction (%) - All Social Assistance -1st quintile in Viet Nam
Viet Nam: Poverty Gap reduction (%) - All Social Assistance -1st quintile was 47.0% in 2020. ◆ Volatile
Poverty Gap reduction (%) - All Social Assistance -1st quintile in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
Viet Nam recorded 47.0% for poverty gap reduction (%) - all social assistance -1st quintile in 2020. That is the highest value across all 6 years on record.
That represents a change of up 316.5% on the previous year and up 224.8% over ten years.
Over the whole period, poverty gap reduction (%) - all social assistance -1st quintile in Viet Nam peaked at 47.0% in 2020 and was at its lowest, 5.3%, in 2012.
Viet Nam ranks 11th of 34 countries on this measure, in the middle of the range.
Poverty Gap reduction (%) - All Social Assistance -1st quintile in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 16.1% | — |
| 2010 | 14.5% | -9.8% |
| 2012 | 5.3% | -63.7% |
| 2014 | 6.2% | +19.0% |
| 2018 | 11.3% | +80.7% |
| 2020 | 47.0% | +316.5% |
Viet Nam compared with similar countries
- Viet Nam's 47.0% is above the median for upper middle income countries, which is 31.6%, 1.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.1% | 16.1% | 16.1% | 1 |
| 2010s | 9.3% | 5.3% | 14.5% | 4 |
| 2020s | 47.0% | 47.0% | 47.0% | 1 |
Countries ranked near Viet Nam
- 8 Chile 53.8% compare
- 9 Kazakhstan 52.5% compare
- 10 Armenia 51.5% compare
- 12 Republic of Moldova 44.4% compare
- 13 Mexico 43.6% compare
- 14 Bolivia, Plurinational State of 41.5% compare
More work & labour data for Viet Nam
- 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 poverty gap reduction (%) - all social assistance -1st quintile in Viet Nam?
- Poverty gap reduction (%) - all social assistance -1st quintile in Viet Nam was 47.0% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social assistance -1st quintile recorded in Viet Nam?
- The highest recorded value was 47.0% in 2020.
- What is the lowest poverty gap reduction (%) - all social assistance -1st quintile recorded in Viet Nam?
- The lowest recorded value was 5.3% in 2012.
- How does Viet Nam rank for poverty gap reduction (%) - all social assistance -1st quintile?
- Viet Nam ranks 11th out of 34 countries with data for 2020.
- Is poverty gap reduction (%) - all social assistance -1st quintile rising or falling in Viet Nam?
- Over the last ten years it is up 224.8%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - All Social Assistance -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction due to Social Assistance programs as % of pre-transfer poverty gap