Poverty Headcount reduction (%) - Unconditional Cash Transfers -1st in Vietnam
Vietnam: Poverty Headcount reduction (%) - Unconditional Cash Transfers -1st was 26.7% in 2020. ◆ Volatile
Poverty Headcount reduction (%) - Unconditional Cash Transfers -1st in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, poverty headcount reduction (%) - unconditional cash transfers -1st in Vietnam stood at 26.7%. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 355.6% on the previous year and up 197.5% over ten years.
Over the whole period, poverty headcount reduction (%) - unconditional cash transfers -1st in Vietnam peaked at 26.7% in 2020 and was at its lowest, 1.2%, in 2006.
Vietnam ranks 5th of 24 countries on this measure, in the top quarter.
Poverty Headcount reduction (%) - Unconditional Cash Transfers -1st in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 1.2% | — |
| 2010 | 9.0% | +623.0% |
| 2012 | 2.2% | -74.9% |
| 2014 | 1.4% | -39.4% |
| 2018 | 5.9% | +330.4% |
| 2020 | 26.7% | +355.6% |
Vietnam compared with similar countries
- Vietnam's 26.7% is above the median for upper middle income countries, which is 11.7%, 2.3× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 1.2% | 1.2% | 1 |
| 2010s | 4.6% | 1.4% | 9.0% | 4 |
| 2020s | 26.7% | 26.7% | 26.7% | 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 (%) - unconditional cash transfers -1st in Vietnam?
- Poverty headcount reduction (%) - unconditional cash transfers -1st in Vietnam was 26.7% in 2020, according to ASPIRE.
- What is the highest poverty headcount reduction (%) - unconditional cash transfers -1st recorded in Vietnam?
- The highest recorded value was 26.7% in 2020.
- What is the lowest poverty headcount reduction (%) - unconditional cash transfers -1st recorded in Vietnam?
- The lowest recorded value was 1.2% in 2006.
- How does Vietnam rank for poverty headcount reduction (%) - unconditional cash transfers -1st?
- Vietnam ranks 5th out of 24 countries with data for 2020.
- Is poverty headcount reduction (%) - unconditional cash transfers -1st rising or falling in Vietnam?
- Over the last ten years it is up 197.5%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Poverty Headcount reduction (%) - Unconditional Cash Transfers -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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About this data
Poverty headcount reduction due to Cash Transfers programs as % of pre-transfer poverty headcount