Poverty Headcount reduction (%) - All Social Protection and Labor in Viet Nam
Viet Nam: Poverty Headcount reduction (%) - All Social Protection and Labor was 31.8% in 2020. ◆ Volatile
Poverty Headcount reduction (%) - All Social Protection and Labor in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for poverty headcount reduction (%) - all social protection and labor in Viet Nam is 31.8%, measured in 2020. That is the highest value across all 6 years on record.
That represents a change of up 321.1% on the previous year and up 117.7% over ten years.
Over the whole period, poverty headcount reduction (%) - all social protection and labor in Viet Nam peaked at 31.8% in 2020 and was at its lowest, 7.6%, in 2018.
That places Viet Nam 21st 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 | 16.9% | — |
| 2010 | 14.6% | -13.3% |
| 2012 | 10.5% | -27.9% |
| 2014 | 10.7% | +1.1% |
| 2018 | 7.6% | -29.1% |
| 2020 | 31.8% | +321.1% |
Viet Nam compared with similar countries
- Viet Nam's 31.8% is above the median for upper middle income countries, which is 31.8%, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.9% | 16.9% | 16.9% | 1 |
| 2010s | 10.8% | 7.6% | 14.6% | 4 |
| 2020s | 31.8% | 31.8% | 31.8% | 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 31.8% 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 31.8% in 2020.
- What is the lowest poverty headcount reduction (%) - all social protection and labor recorded in Viet Nam?
- The lowest recorded value was 7.6% in 2018.
- How does Viet Nam rank for poverty headcount reduction (%) - all social protection and labor?
- Viet Nam ranks 21st 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 117.7%. 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) -rural. 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