Poverty Gap reduction (%) - All Social Insurance -1st quintile in Viet Nam
Viet Nam: Poverty Gap reduction (%) - All Social Insurance -1st quintile was 15.5% in 2020. ▼ Falling
Poverty Gap reduction (%) - All Social Insurance -1st quintile in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, poverty gap reduction (%) - all social insurance -1st quintile in Viet Nam stood at 15.5%.
That represents a change of up 404.2% on the previous year and up 9.0% over ten years.
Over the whole period, poverty gap reduction (%) - all social insurance -1st quintile in Viet Nam peaked at 22.0% in 2006 and was at its lowest, 3.1%, in 2018.
Viet Nam ranks 21st of 31 countries on this measure, in the middle of the range.
Poverty Gap reduction (%) - All Social Insurance -1st quintile in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 22.0% | — |
| 2010 | 14.2% | -35.4% |
| 2012 | 18.8% | +32.3% |
| 2014 | 17.4% | -7.3% |
| 2018 | 3.1% | -82.4% |
| 2020 | 15.5% | +404.2% |
Viet Nam compared with similar countries
- Viet Nam's 15.5% is below the median for upper middle income countries, which is 36.8%, 42% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.0% | 22.0% | 22.0% | 1 |
| 2010s | 13.4% | 3.1% | 18.8% | 4 |
| 2020s | 15.5% | 15.5% | 15.5% | 1 |
Countries ranked near Viet Nam
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 insurance -1st quintile in Viet Nam?
- Poverty gap reduction (%) - all social insurance -1st quintile in Viet Nam was 15.5% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social insurance -1st quintile recorded in Viet Nam?
- The highest recorded value was 22.0% in 2006.
- What is the lowest poverty gap reduction (%) - all social insurance -1st quintile recorded in Viet Nam?
- The lowest recorded value was 3.1% in 2018.
- How does Viet Nam rank for poverty gap reduction (%) - all social insurance -1st quintile?
- Viet Nam ranks 21st out of 31 countries with data for 2020.
- Is poverty gap reduction (%) - all social insurance -1st quintile rising or falling in Viet Nam?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - All Social Insurance -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 Insurance programs as % of pre-transfer poverty gap