Poverty Gap reduction (%) - International Private Transfers - 1st in Viet Nam
Viet Nam: Poverty Gap reduction (%) - International Private Transfers - 1st was 8.0% in 2020. ▼ Falling
Poverty Gap reduction (%) - International Private Transfers - 1st in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for poverty gap reduction (%) - international private transfers - 1st in Viet Nam is 8.0%, measured in 2020. That is the lowest value across all 5 years on record.
That represents a change of down 34.9% over ten years.
Over the whole period, poverty gap reduction (%) - international private transfers - 1st in Viet Nam peaked at 16.5% in 2006 and was at its lowest, 8.0%, in 2020.
Viet Nam ranks 16th of 27 countries on this measure, in the middle of the range.
Poverty Gap reduction (%) - International Private Transfers - 1st in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 16.5% | — |
| 2010 | 12.3% | -25.3% |
| 2012 | 9.3% | -24.6% |
| 2014 | 10.0% | +7.2% |
| 2020 | 8.0% | -19.4% |
Viet Nam compared with similar countries
- Viet Nam's 8.0% is below the median for upper middle income countries, which is 11.3%, 71% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.5% | 16.5% | 16.5% | 1 |
| 2010s | 10.5% | 9.3% | 12.3% | 3 |
| 2020s | 8.0% | 8.0% | 8.0% | 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 (%) - international private transfers - 1st in Viet Nam?
- Poverty gap reduction (%) - international private transfers - 1st in Viet Nam was 8.0% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - international private transfers - 1st recorded in Viet Nam?
- The highest recorded value was 16.5% in 2006.
- What is the lowest poverty gap reduction (%) - international private transfers - 1st recorded in Viet Nam?
- The lowest recorded value was 8.0% in 2020.
- How does Viet Nam rank for poverty gap reduction (%) - international private transfers - 1st?
- Viet Nam ranks 16th out of 27 countries with data for 2020.
- Is poverty gap reduction (%) - international private transfers - 1st rising or falling in Viet Nam?
- Over the last ten years it is down 34.9%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - International 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 International Private Transfers programs as % of pre-transfer poverty gap