Poverty Headcount reduction (%) - All Social Insurance - 1st in Viet Nam
Viet Nam: Poverty Headcount reduction (%) - All Social Insurance - 1st was 15.7% in 2020. ▼ Falling
Poverty Headcount reduction (%) - All Social Insurance - 1st in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for poverty headcount reduction (%) - all social insurance - 1st in Viet Nam is 15.7%, measured in 2020.
Compared with earlier readings it is up 318.4% on the previous year and up 31.0% over ten years.
Over the whole period, poverty headcount reduction (%) - all social insurance - 1st in Viet Nam peaked at 17.1% in 2014 and was at its lowest, 3.8%, in 2018.
That places Viet Nam 21st out of 34 countries with data for 2020, putting it in the middle of the range.
Poverty Headcount reduction (%) - All Social Insurance - 1st in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 14.2% | — |
| 2010 | 12.0% | -15.6% |
| 2012 | 15.0% | +25.2% |
| 2014 | 17.1% | +14.2% |
| 2018 | 3.8% | -78.1% |
| 2020 | 15.7% | +318.4% |
Viet Nam compared with similar countries
- Viet Nam's 15.7% is below the median for upper middle income countries, which is 23.0%, 68% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.2% | 14.2% | 14.2% | 1 |
| 2010s | 12.0% | 3.8% | 17.1% | 4 |
| 2020s | 15.7% | 15.7% | 15.7% | 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 headcount reduction (%) - all social insurance - 1st in Viet Nam?
- Poverty headcount reduction (%) - all social insurance - 1st in Viet Nam was 15.7% in 2020, according to ASPIRE.
- What is the highest poverty headcount reduction (%) - all social insurance - 1st recorded in Viet Nam?
- The highest recorded value was 17.1% in 2014.
- What is the lowest poverty headcount reduction (%) - all social insurance - 1st recorded in Viet Nam?
- The lowest recorded value was 3.8% in 2018.
- How does Viet Nam rank for poverty headcount reduction (%) - all social insurance - 1st?
- Viet Nam ranks 21st out of 34 countries with data for 2020.
- Is poverty headcount reduction (%) - all social insurance - 1st rising or falling in Viet Nam?
- Over the last ten years it is up 31.0%. 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 Headcount reduction (%) - All Social Insurance - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty headcount reduction due to Social Insurance programs as % of pre-transfer poverty headcount