Poverty Gap reduction (%): All Social … rural Protection Labor in Vietnam
Vietnam: Poverty Gap reduction (%): All Social … rural Protection Labor was 52.5% in 2020. ▲ Rising
Poverty Gap reduction (%) - All Social Protection and Labor -1st in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, poverty gap reduction (%) - all social protection and labor -1st in Vietnam stood at 52.5%. That is the highest value across all 6 years on record.
That represents a change of up 258.2% on the previous year and up 101.8% over ten years.
Over the whole period, poverty gap reduction (%) - all social protection and labor -1st in Vietnam peaked at 52.5% in 2020 and was at its lowest, 14.7%, in 2018.
Vietnam ranks 20th of 36 countries on this measure, in the middle of the range.
Poverty Gap reduction (%): All Social … rural Protection Labor in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 33.2% | — |
| 2010 | 26.0% | -21.7% |
| 2012 | 22.3% | -14.1% |
| 2014 | 21.8% | -2.4% |
| 2018 | 14.7% | -32.8% |
| 2020 | 52.5% | +258.2% |
Vietnam compared with similar countries
- Vietnam's 52.5% is above the median for upper middle income countries, which is 52.5%, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.2% | 33.2% | 33.2% | 1 |
| 2010s | 21.2% | 14.7% | 26.0% | 4 |
| 2020s | 52.5% | 52.5% | 52.5% | 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 protection and labor -1st in Vietnam?
- Poverty gap reduction (%) - all social protection and labor -1st in Vietnam was 52.5% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social protection and labor -1st recorded in Vietnam?
- The highest recorded value was 52.5% in 2020.
- What is the lowest poverty gap reduction (%) - all social protection and labor -1st recorded in Vietnam?
- The lowest recorded value was 14.7% in 2018.
- How does Vietnam rank for poverty gap reduction (%) - all social protection and labor -1st?
- Vietnam ranks 20th out of 36 countries with data for 2020.
- Is poverty gap reduction (%) - all social protection and labor -1st rising or falling in Vietnam?
- Over the last ten years it is up 101.8%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - All Social Protection and Labor -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction due to SPL programs as % of pre-transfer poverty gap