Poverty Gap reduction (%) - Domestic Private Transfers - 1st in Viet Nam
Viet Nam: Poverty Gap reduction (%) - Domestic Private Transfers - 1st was 5.8% in 2020. ◆ Volatile
Poverty Gap reduction (%) - Domestic Private Transfers - 1st in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, poverty gap reduction (%) - domestic private transfers - 1st in Viet Nam stood at 5.8%. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 45.9% over ten years.
Over the whole period, poverty gap reduction (%) - domestic private transfers - 1st in Viet Nam peaked at 26.9% in 2006 and was at its lowest, 5.8%, in 2020.
That places Viet Nam 30th out of 31 countries with data for 2020, putting it in the bottom quarter.
Poverty Gap reduction (%) - Domestic Private Transfers - 1st in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 26.9% | — |
| 2010 | 10.6% | -60.4% |
| 2012 | 7.9% | -25.7% |
| 2014 | 6.6% | -16.2% |
| 2020 | 5.8% | -13.1% |
Viet Nam compared with similar countries
- Viet Nam's 5.8% is below the median for upper middle income countries, which is 17.0%, 34% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.9% | 26.9% | 26.9% | 1 |
| 2010s | 8.4% | 6.6% | 10.6% | 3 |
| 2020s | 5.8% | 5.8% | 5.8% | 1 |
Countries ranked near Viet Nam
- 27 Argentina 10.7% compare
- 28 El Salvador 10.1% compare
- 29 Brazil 6.0% compare
- 31 Burkina Faso 4.7% compare
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 (%) - domestic private transfers - 1st in Viet Nam?
- Poverty gap reduction (%) - domestic private transfers - 1st in Viet Nam was 5.8% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - domestic private transfers - 1st recorded in Viet Nam?
- The highest recorded value was 26.9% in 2006.
- What is the lowest poverty gap reduction (%) - domestic private transfers - 1st recorded in Viet Nam?
- The lowest recorded value was 5.8% in 2020.
- How does Viet Nam rank for poverty gap reduction (%) - domestic private transfers - 1st?
- Viet Nam ranks 30th out of 31 countries with data for 2020.
- Is poverty gap reduction (%) - domestic private transfers - 1st rising or falling in Viet Nam?
- Over the last ten years it is down 45.9%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - Domestic Private Transfers - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction due to Domestic Private Transfers programs as % of pre-transfer poverty gap