Poverty Gap reduction (%): Domestic Private Transfers … Domestic 1st in Vietnam
Vietnam: Poverty Gap reduction (%): Domestic Private Transfers … Domestic 1st was 9.0% in 2020. ◆ Volatile
Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile in Vietnam, 2006–2020
Source: ASPIRE. Measured in poorest.
Analysis
The most recent figure for poverty gap reduction (%) - domestic private transfers -1st quintile in Vietnam is 9.0%, measured in 2020.
The figure is up 770.9% on the previous year and up 2.2% over ten years.
Over the whole period, poverty gap reduction (%) - domestic private transfers -1st quintile in Vietnam peaked at 35.5% in 2006 and was at its lowest, 1.0%, in 2018.
Vietnam ranks 29th of 31 countries on this measure, in the bottom quarter.
Poverty Gap reduction (%): Domestic Private Transfers … Domestic 1st in Vietnam, year by year
| Year | poorest | Change |
|---|---|---|
| 2006 | 35.5% | — |
| 2010 | 8.8% | -75.1% |
| 2012 | 10.1% | +13.8% |
| 2014 | 6.6% | -34.4% |
| 2018 | 1.0% | -84.3% |
| 2020 | 9.0% | +770.9% |
Vietnam compared with similar countries
- Vietnam's 9.0% is below the median for upper middle income countries, which is 16.5%, 55% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.5% | 35.5% | 35.5% | 1 |
| 2010s | 6.6% | 1.0% | 10.1% | 4 |
| 2020s | 9.0% | 9.0% | 9.0% | 1 |
Countries ranked near Vietnam
- 26 Panama 10.9% compare
- 27 Argentina 10.7% compare
- 28 El Salvador 9.4% compare
- 30 Brazil 5.3% compare
- 31 Burkina Faso 3.4% compare
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 (%) - domestic private transfers -1st quintile in Vietnam?
- Poverty gap reduction (%) - domestic private transfers -1st quintile in Vietnam was 9.0% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - domestic private transfers -1st quintile recorded in Vietnam?
- The highest recorded value was 35.5% in 2006.
- What is the lowest poverty gap reduction (%) - domestic private transfers -1st quintile recorded in Vietnam?
- The lowest recorded value was 1.0% in 2018.
- How does Vietnam rank for poverty gap reduction (%) - domestic private transfers -1st quintile?
- Vietnam ranks 29th out of 31 countries with data for 2020.
- Is poverty gap reduction (%) - domestic private transfers -1st quintile rising or falling in Vietnam?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile (poorest). 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