Poverty Headcount reduction (%) - All Social Protection and Labor in Viet Nam
Viet Nam: Poverty Headcount reduction (%) - All Social Protection and Labor was 29.8% in 2020. ▲ Rising
Poverty Headcount reduction (%) - All Social Protection and Labor in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, poverty headcount reduction (%) - all social protection and labor in Viet Nam stood at 29.8%. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 343.9% on the previous year and up 73.3% over ten years.
Over the whole period, poverty headcount reduction (%) - all social protection and labor in Viet Nam peaked at 29.8% in 2020 and was at its lowest, 6.7%, in 2018.
That places Viet Nam 19th out of 36 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 | Value | Change |
|---|---|---|
| 2006 | 16.2% | — |
| 2010 | 17.2% | +6.4% |
| 2012 | 15.2% | -11.9% |
| 2014 | 17.1% | +12.9% |
| 2018 | 6.7% | -60.8% |
| 2020 | 29.8% | +343.9% |
Viet Nam compared with similar countries
- Viet Nam's 29.8% is below the median for upper middle income countries, which is 32.7%, 91% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.2% | 16.2% | 16.2% | 1 |
| 2010s | 14.1% | 6.7% | 17.2% | 4 |
| 2020s | 29.8% | 29.8% | 29.8% | 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 protection and labor in Viet Nam?
- Poverty headcount reduction (%) - all social protection and labor in Viet Nam was 29.8% 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 29.8% in 2020.
- What is the lowest poverty headcount reduction (%) - all social protection and labor recorded in Viet Nam?
- The lowest recorded value was 6.7% in 2018.
- How does Viet Nam rank for poverty headcount reduction (%) - all social protection and labor?
- Viet Nam ranks 19th out of 36 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 73.3%. The long-run trend across the full record is rising.
- 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) -urban. 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