What is the poverty rate in Vietnam 2019?

What country is #1 in poverty?

According to World Bank, the countries with the highest poverty rates in the world are: South Sudan – 82.30% Equatorial Guinea – 76.80% Madagascar – 70.70%

How did Vietnam end poverty?

Viet Nam has achieved its Millennium Development Goal (MDG) of halving its poverty rate – 10 years before the deadline set by UN. Other social indicators such as education enrolment, healthcare insurance coverage and access to amenities (electricity, clean water and sanitary facilities) have improved significantly.

What percentage of Vietnam is wealthy?

By its own estimates, the most affluent 20 percent of the population is seven times better off than the poorest two percent. According to the CIA World Factbook Household income or consumption by percentage share: lowest 10 percent: 3.2 percent; highest 10 percent: 30.2 percent (2008).

What is considered poor in Vietnam?

In the rural area, households with average income under the Vietnamese đồng (VND) 2,400,000 per capita per year (equivalent US$150 ) are regarded as poor households. In the urban area, households with average income under VND 3,120,000 per capita per year (equivalent US$195 ) are regarded as poor households.

How can we help poor people in Vietnam?

Five Ways to Help People in Vietnam

  1. Support education. Ensuring that poor children have a chance at a good education is essential in any country that wishes to see the cycle of poverty broken. …
  2. Invest in the country’s infrastructure. …
  3. Help provide access to microfinance. …
  4. Support healthcare. …
  5. Demand government transparency.

Why was Vietnam so poor?

Failing infrastructure remains one of the large causes of poverty in Vietnam, and many other countries. Although immense efforts were made in the late nineties to bring electricity to its people, Vietnam’s infrastructure systems for energy, water, sanitation and telecommunication are far from where they need to be.

Which country has lowest poverty?

Country Comparison > Population below poverty line

Rank Country Population below poverty line (%)
1 Syria 82.5
2 Zimbabwe 72.3
3 Madagascar 70.7
4 Sierra Leone 70.2

Who is the poorest country in Asia?

Poorest Asian Countries 2021

  1. North Korea. Based on available data, North Korea is the poorest country in Asia, with a per capita GDP of just $651. …
  2. Nepal. Nepal is the second-poorest country in Asia. …
  3. Tajikistan. …
  4. Yemen. …
  5. Kyrgyzstan. …
  6. Cambodia. …
  7. Myanmar. …
  8. Syria.
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