Poverty Headcount reduction (%) - All Social Protection and Labor in Viet Nam
Viet Nam: Poverty Headcount reduction (%) - All Social Protection and Labor was 29.3% in 2020. ◆ Volatile
Poverty Headcount reduction (%) - All Social Protection and Labor in Viet Nam, 2006–2020
Source: ASPIRE. Measured in poorest.
Analysis
Viet Nam recorded 29.3% for poverty headcount reduction (%) - all social protection and labor in 2020. That is the highest value across all 6 years on record.
The figure is up 404.9% on the previous year and up 102.8% over ten years.
Over the whole period, poverty headcount reduction (%) - all social protection and labor in Viet Nam peaked at 29.3% in 2020 and was at its lowest, 5.8%, in 2018.
That places Viet Nam 20th out of 37 countries with data for 2020, putting it in the middle of the range.
Poverty Headcount reduction (%) - All Social Protection and Labor in Viet Nam, year by year
| Year | poorest | Change |
|---|---|---|
| 2006 | 16.3% | — |
| 2010 | 14.4% | -11.7% |
| 2012 | 10.2% | -29.2% |
| 2014 | 11.1% | +8.6% |
| 2018 | 5.8% | -47.7% |
| 2020 | 29.3% | +404.9% |
Viet Nam compared with similar countries
- Viet Nam's 29.3% is below the median for upper middle income countries, which is 32.4%, 90% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.3% | 16.3% | 16.3% | 1 |
| 2010s | 10.4% | 5.8% | 14.4% | 4 |
| 2020s | 29.3% | 29.3% | 29.3% | 1 |
Countries ranked near Viet Nam
- 18 Argentina 35.5% compare
- 19 Panama 29.8% compare
- 21 Costa Rica 29.0% compare
- 22 Mexico 26.5% compare
- 23 Bolivia, Plurinational State of 20.4% 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 headcount reduction (%) - all social protection and labor in Viet Nam?
- Poverty headcount reduction (%) - all social protection and labor in Viet Nam was 29.3% in 2020, according to ASPIRE.
- What is the highest poverty headcount reduction (%) - all social protection and labor recorded in Viet Nam?
- The highest recorded value was 29.3% in 2020.
- What is the lowest poverty headcount reduction (%) - all social protection and labor recorded in Viet Nam?
- The lowest recorded value was 5.8% in 2018.
- How does Viet Nam rank for poverty headcount reduction (%) - all social protection and labor?
- Viet Nam ranks 20th out of 37 countries with data for 2020.
- Is poverty headcount reduction (%) - all social protection and labor rising or falling in Viet Nam?
- Over the last ten years it is up 102.8%. 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 Headcount reduction (%) - All Social Protection and Labor -1st quintile (poorest). Statizoid updates them automatically from the source API.
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About this data
Poverty headcount reduction due to SPL programs as % of pre-transfer poverty headcount