Poverty Headcount reduction (%) - Domestic Private Transfers - 1st in Viet Nam
Viet Nam: Poverty Headcount reduction (%) - Domestic Private Transfers - 1st was 3.2% in 2020. ◆ Volatile
Poverty Headcount reduction (%) - Domestic Private Transfers - 1st in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
Viet Nam recorded 3.2% for poverty headcount reduction (%) - domestic private transfers - 1st in 2020. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 40.7% over ten years.
Over the whole period, poverty headcount reduction (%) - domestic private transfers - 1st in Viet Nam peaked at 17.6% in 2006 and was at its lowest, 3.2%, in 2020.
Viet Nam ranks 29th of 31 countries on this measure, in the bottom quarter.
Poverty Headcount reduction (%) - Domestic Private Transfers - 1st in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 17.6% | — |
| 2010 | 5.4% | -69.3% |
| 2012 | 4.0% | -25.3% |
| 2014 | 3.5% | -12.9% |
| 2020 | 3.2% | -8.8% |
Viet Nam compared with similar countries
- Viet Nam's 3.2% is below the median for upper middle income countries, which is 9.1%, 35% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.6% | 17.6% | 17.6% | 1 |
| 2010s | 4.3% | 3.5% | 5.4% | 3 |
| 2020s | 3.2% | 3.2% | 3.2% | 1 |
Countries ranked near Viet Nam
- 26 Sri Lanka 6.6% compare
- 27 El Salvador 6.4% compare
- 28 Argentina 5.7% compare
- 30 Brazil 3.1% compare
- 31 Burkina Faso 2.5% 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 (%) - domestic private transfers - 1st in Viet Nam?
- Poverty headcount reduction (%) - domestic private transfers - 1st in Viet Nam was 3.2% in 2020, according to ASPIRE.
- What is the highest poverty headcount reduction (%) - domestic private transfers - 1st recorded in Viet Nam?
- The highest recorded value was 17.6% in 2006.
- What is the lowest poverty headcount reduction (%) - domestic private transfers - 1st recorded in Viet Nam?
- The lowest recorded value was 3.2% in 2020.
- How does Viet Nam rank for poverty headcount reduction (%) - domestic private transfers - 1st?
- Viet Nam ranks 29th out of 31 countries with data for 2020.
- Is poverty headcount reduction (%) - domestic private transfers - 1st rising or falling in Viet Nam?
- Over the last ten years it is down 40.7%. 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 (%) - Domestic Private Transfers - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty headcount reduction due to Domestic Private Transfers programs as % of pre-transfer poverty headcount