Poverty Gap reduction (%): All Social Assistance … Assistance Social in Vietnam
Vietnam: Poverty Gap reduction (%): All Social Assistance … Assistance Social was 41.6% in 2020. ◆ Volatile
Poverty Gap reduction (%) - All Social Assistance -1st quintile in Vietnam, 2006–2020
Source: ASPIRE. Measured in poorest.
Analysis
The most recent figure for poverty gap reduction (%) - all social assistance -1st quintile in Vietnam is 41.6%, measured in 2020. That is the highest value across all 6 years on record.
The figure is up 356.6% on the previous year and up 207.8% over ten years.
Over the whole period, poverty gap reduction (%) - all social assistance -1st quintile in Vietnam peaked at 41.6% in 2020 and was at its lowest, 3.9%, in 2012.
Vietnam ranks 8th of 35 countries on this measure, in the top quarter.
Poverty Gap reduction (%): All Social Assistance … Assistance Social in Vietnam, year by year
| Year | poorest | Change |
|---|---|---|
| 2006 | 13.2% | — |
| 2010 | 13.5% | +2.1% |
| 2012 | 3.9% | -70.8% |
| 2014 | 4.2% | +6.2% |
| 2018 | 9.1% | +117.5% |
| 2020 | 41.6% | +356.6% |
Vietnam compared with similar countries
- Vietnam's 41.6% is above the median for upper middle income countries, which is 24.6%, 1.7× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.2% | 13.2% | 13.2% | 1 |
| 2010s | 7.7% | 3.9% | 13.5% | 4 |
| 2020s | 41.6% | 41.6% | 41.6% | 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 poverty gap reduction (%) - all social assistance -1st quintile in Vietnam?
- Poverty gap reduction (%) - all social assistance -1st quintile in Vietnam was 41.6% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social assistance -1st quintile recorded in Vietnam?
- The highest recorded value was 41.6% in 2020.
- What is the lowest poverty gap reduction (%) - all social assistance -1st quintile recorded in Vietnam?
- The lowest recorded value was 3.9% in 2012.
- How does Vietnam rank for poverty gap reduction (%) - all social assistance -1st quintile?
- Vietnam ranks 8th out of 35 countries with data for 2020.
- Is poverty gap reduction (%) - all social assistance -1st quintile rising or falling in Vietnam?
- Over the last ten years it is up 207.8%. 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 Poverty Gap reduction (%) - All Social Assistance -1st quintile (poorest). 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