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Viet Nam Poverty Rate

Poverty headcount ratio at $2.15/day  SI.POV.DDAY

Viet Nam's poverty rate was 0.52% in 2025, ranked 42nd globally. This represents a 67.5% decrease from 2024. Data from World Bank, covering 1992–2025.

0.52% −1.08pp (-67.5%)
Year 2025 Rank #42 Global Peak 57.50% (1992) Source World Bank

Viet Nam Poverty Rate (1992–2025)

Overview

Viet Nam's poverty rate stood at 0.52% in 2025, a decline of +1.08pp from 2022. Based on recent trends, this figure is projected to reach 0.52% by 2025. Viet Nam ranked 42nd globally.

Vietnam’s poverty rate has fallen dramatically from an all‑time peak of 57.50 % in 1992 to a trough of 0.52 % in 2025, placing the country 42nd globally and narrowly above Costa Rica’s 0.53 % and Iraq’s 0.50 % while remaining below Austria’s 0.46 % and Argentina’s 0.64 %. The 14‑year coverage of World Bank data captures a period of sustained economic transformation, driven by market‑oriented reforms, export‑led growth, and extensive social protection programmes that lifted hundreds of millions out of deprivation. The speed of decline outpaces many middle‑income peers, reflecting Vietnam’s effective integration into global value chains and targeted rural development policies. Continued progress will depend on maintaining inclusive growth, expanding social safety nets, and addressing emerging vulnerabilities such as climate‑related shocks, which could alter the downward trajectory if not mitigated.

Data & projection

Year Poverty Rate YoY change Rank
2025* trend 0.52% - -
2025 0.52% −1.08pp #42
2022 1.60% +0.30pp #40
2020 1.30% −0.90pp #46
2018 2.20% −0.30pp #55
2016 2.50% −0.90pp #54
2014 3.40% −0.30pp #51
2012 3.70% −1.50pp #54
2010 5.20% −12.40pp #55
2008 17.60% −6.10pp #69
2006 23.70% −7.20pp #73
2004 30.90% −12.40pp #65
2002 43.30% +5.20pp #57
1997 38.10% −19.40pp #33
1992 57.50% – #36
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.1% GDP growth 2.9% C/A balance 4.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw poverty rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Viet Nam's poverty rate?▾

Viet Nam's poverty rate was 0.52% in 2025. Ranked 42nd globally. This represents a 67.5% decrease from the previous year.

What was the highest poverty rate in Viet Nam?▾

Viet Nam's poverty rate peaked at 57.50% in 1992.

What was the lowest poverty rate in Viet Nam?▾

The lowest poverty rate in Viet Nam was 0.52% in 2025.

How does Viet Nam rank in poverty rate?▾

Viet Nam ranks 42nd globally in poverty rate as of 2025.

What is the World Bank indicator code for poverty rate?▾

The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.

What is the projected poverty rate of Viet Nam in 2025?▾

Viet Nam's poverty rate is projected to reach 0.52% by 2025 based on trend extrapolation.

What is the poverty rate of Viet Nam in 2025?▾

The poverty rate of Viet Nam in 2025 was 0.52%. This ranks 42nd in the world.

Cite this page

APA
Viet Nam Poverty Rate. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/viet-nam/poverty-rate/
BibTeX
@misc{historysaid_viet-nam_poverty-rate, title = {Viet Nam Poverty Rate}, url = {https://historysaid.com/viet-nam/poverty-rate/}, publisher = {HistorySaid}, year = {2026} }
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