Poverty Gap reduction (%) - All Social Insurance -extreme poor in Viet Nam
Viet Nam: Poverty Gap reduction (%) - All Social Insurance -extreme poor was 81.5% in 2020. ▲ Rising
Poverty Gap reduction (%) - All Social Insurance -extreme poor in Viet Nam, 2006–2020
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
The most recent figure for poverty gap reduction (%) - all social insurance -extreme poor in Viet Nam is 81.5%, measured in 2020. That is the highest value across all 6 years on record.
That represents a change of up 160.9% on the previous year and up 62.8% over ten years.
Over the whole period, poverty gap reduction (%) - all social insurance -extreme poor in Viet Nam peaked at 81.5% in 2020 and was at its lowest, 28.1%, in 2006.
That places Viet Nam 18th out of 34 countries with data for 2020, putting it in the middle of the range.
Poverty Gap reduction (%) - All Social Insurance -extreme poor in Viet Nam, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2006 | 28.1% | — |
| 2010 | 50.1% | +78.2% |
| 2012 | 69.1% | +38.1% |
| 2014 | 67.0% | -3.1% |
| 2018 | 31.2% | -53.4% |
| 2020 | 81.5% | +160.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.1% | 28.1% | 28.1% | 1 |
| 2010s | 54.4% | 31.2% | 69.1% | 4 |
| 2020s | 81.5% | 81.5% | 81.5% | 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 -extreme poor in Viet Nam?
- Poverty gap reduction (%) - all social insurance -extreme poor in Viet Nam was 81.5% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social insurance -extreme poor recorded in Viet Nam?
- The highest recorded value was 81.5% in 2020.
- What is the lowest poverty gap reduction (%) - all social insurance -extreme poor recorded in Viet Nam?
- The lowest recorded value was 28.1% in 2006.
- How does Viet Nam rank for poverty gap reduction (%) - all social insurance -extreme poor?
- Viet Nam ranks 18th out of 34 countries with data for 2020.
- Is poverty gap reduction (%) - all social insurance -extreme poor rising or falling in Viet Nam?
- Over the last ten years it is up 62.8%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - All Social Insurance -extreme poor (<$2.15 a day). 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