Poverty Headcount: All Social Insurance -1st … Insurance Social in Vietnam
Vietnam: Poverty Headcount: All Social Insurance -1st … Insurance Social was 10.2% in 2020. ▼ Falling
Poverty Headcount reduction (%) - All Social Insurance -1st quintile in Vietnam, 2006–2020
Source: ASPIRE. Measured in poorest.
Analysis
Vietnam recorded 10.2% for poverty headcount reduction (%) - all social insurance -1st quintile in 2020.
Compared with earlier readings it is up 487.9% on the previous year and up 32.5% over ten years.
Over the whole period, poverty headcount reduction (%) - all social insurance -1st quintile in Vietnam peaked at 10.7% in 2006 and was at its lowest, 1.7%, in 2018.
Vietnam ranks 23rd of 34 countries on this measure, in the middle of the range.
Poverty Headcount: All Social Insurance -1st … Insurance Social in Vietnam, year by year
| Year | poorest | Change |
|---|---|---|
| 2006 | 10.7% | — |
| 2010 | 7.7% | -28.4% |
| 2012 | 9.0% | +17.4% |
| 2014 | 10.4% | +14.8% |
| 2018 | 1.7% | -83.3% |
| 2020 | 10.2% | +487.9% |
Vietnam compared with similar countries
- Vietnam's 10.2% is below the median for upper middle income countries, which is 20.9%, 49% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.7% | 10.7% | 10.7% | 1 |
| 2010s | 7.2% | 1.7% | 10.4% | 4 |
| 2020s | 10.2% | 10.2% | 10.2% | 1 |
Countries ranked near Vietnam
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 headcount reduction (%) - all social insurance -1st quintile in Vietnam?
- Poverty headcount reduction (%) - all social insurance -1st quintile in Vietnam was 10.2% in 2020, according to ASPIRE.
- What is the highest poverty headcount reduction (%) - all social insurance -1st quintile recorded in Vietnam?
- The highest recorded value was 10.7% in 2006.
- What is the lowest poverty headcount reduction (%) - all social insurance -1st quintile recorded in Vietnam?
- The lowest recorded value was 1.7% in 2018.
- How does Vietnam rank for poverty headcount reduction (%) - all social insurance -1st quintile?
- Vietnam ranks 23rd out of 34 countries with data for 2020.
- Is poverty headcount reduction (%) - all social insurance -1st quintile rising or falling in Vietnam?
- Over the last ten years it is up 32.5%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Poverty Headcount reduction (%) - All Social Insurance -1st quintile (poorest). Statizoid updates them automatically from the source API.
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About this data
Poverty headcount reduction due to Social Insurance programs as % of pre-transfer poverty headcount