Poverty Gap reduction (%) - All Social Protection and Labor - 1st in Viet Nam
Viet Nam: Poverty Gap reduction (%) - All Social Protection and Labor - 1st was 48.6% in 2020. ▲ Rising
Poverty Gap reduction (%) - All Social Protection and Labor - 1st in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
Viet Nam recorded 48.6% for poverty gap reduction (%) - all social protection and labor - 1st in 2020. That is the highest value across all 6 years on record.
The figure is up 367.7% on the previous year and up 59.0% over ten years.
Over the whole period, poverty gap reduction (%) - all social protection and labor - 1st in Viet Nam peaked at 48.6% in 2020 and was at its lowest, 10.4%, in 2018.
That places Viet Nam 19th out of 36 countries with data for 2020, putting it in the middle of the range.
Poverty Gap reduction (%) - All Social Protection and Labor - 1st in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 27.5% | — |
| 2010 | 30.6% | +11.1% |
| 2012 | 23.5% | -23.2% |
| 2014 | 27.9% | +18.6% |
| 2018 | 10.4% | -62.7% |
| 2020 | 48.6% | +367.7% |
Viet Nam compared with similar countries
- Viet Nam's 48.6% is below the median for upper middle income countries, which is 49.9%, 97% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.5% | 27.5% | 27.5% | 1 |
| 2010s | 23.1% | 10.4% | 30.6% | 4 |
| 2020s | 48.6% | 48.6% | 48.6% | 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 protection and labor - 1st in Viet Nam?
- Poverty gap reduction (%) - all social protection and labor - 1st in Viet Nam was 48.6% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social protection and labor - 1st recorded in Viet Nam?
- The highest recorded value was 48.6% in 2020.
- What is the lowest poverty gap reduction (%) - all social protection and labor - 1st recorded in Viet Nam?
- The lowest recorded value was 10.4% in 2018.
- How does Viet Nam rank for poverty gap reduction (%) - all social protection and labor - 1st?
- Viet Nam ranks 19th out of 36 countries with data for 2020.
- Is poverty gap reduction (%) - all social protection and labor - 1st rising or falling in Viet Nam?
- Over the last ten years it is up 59.0%. 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 Protection and Labor - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.
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CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty gap reduction due to SPL programs as % of pre-transfer poverty gap