As of February 2023, the World Bank has provided US$25.16 billion in grants, concessional loans, and credits to Vietnam through 219 operations since 1993. Ba Ria Vung Tau and Quang Ninh stood in the last two positions of the top 10, with over VND4.5 million/person/month. Use Ask Statista Research Service. According to the survey, the average income per person per month in the country in 2020 reached VND4.23 million, down 2% compared to 2019. to incorporate the statistic into your presentation at any time. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Includes 127 related indicators. To use individual functions (e.g., mark statistics as favourites, set and over 1Mio. 11,800,000 VND. Learn more about how Statista can support your business. Show sources information Vietnam Monthly Earnings, 2011 - 2023 | CEIC Data Many lessons learned from the project are now being scaled up by the Ministry of Agriculture and Rural Development. The Standing Board of the Vietnam Fatherland Front (VFF) Central Committee held a meeting in Hanoi on July 7 to look into religious solidarity affairs during the first half of 2023. The Northern midlands and mountainous region had the lowest spending rate - VND2.1 million/person/month. If you continue to navigate this website beyond this page, cookies will be placed on your browser. The U.S. Census Bureau lists the annual real median personal income at $35,977 in 2019 with a base year of 2019. What is the national average income per person? But at $62.04 per year, the average cost of Pakistan's public transportation still eats up nearly 15% . To use individual functions (e.g., mark statistics as favourites, set This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country. As a Premium user you get access to background information and details about the release of this statistic. It was estimated that farming practices supported by the project helped reduce 4.34.4 tons of CO2-equivalent per hectare per year. A person working in Factory and Manufacturing in Vietnam typically earns around 11,800,000 VND per month. Vietnam | Average Salary Survey 2023 One thousand Vietnamese dong equals 0.043 U.S. dollars and 0.037 euros (as of April 2021). One thousand Vietnamese dong equals 0.043 U.S. dollars and 0.042 euros as of August 2022. Average yearly income (USD): $440 Cost of living index: NA 24. Ensure environmental sustainability and resilience. The most typical earning is 164,377,500 VND. Standard users can export data in a easy to use web interface or using an excel add-in. Chart. India An Indian market during the Diwali festival. Directly accessible data for 170 industries from 150+ countries Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Instant access to full history data in excel. These practices helped farmers reduce production inputs, save water, and boost incomes per hectare per crop by nearly six-fold. In, General Statistics Office of Vietnam. Suitable for enterprise usage. Meanwhile,. Directly accessible data for 170 industries from 150+ countries . In 2020, the poverty rate was 3.8 percent based on the World Bank lower middle-income poverty line (US$3.65/day, 2017 PPP). A paid subscription is required for full access. Aug 10, 2022 On average, an urban inhabitant earned around 5.4 million Vietnamese dong per month in 2020. Monthly average income per capita in Vietnam 2021, by quintile A joint report released in 2016 by the Vietnamese government and the World Bank suggested that Vietnam could achieve upper-middle income status by 2035 with per capita income of more than USD 7,000, which is in the range of what Malaysia or South Korea experienced in the mid-2000's. Market Report - Vietnam - Economics - BMI - BMIglobaled Use Ask Statista Research Service. * Preliminary figures. According to business reports, the Covid-19 crisis caused a significant decline in the Philippines' per capita income in 2020, plummeting from $3,640 in 2019. The country recovered, bouncing back from a low point of $3,350 during the peak of the pandemic to $3,550 in 2021. Furthermore, it managed to surpass the pre-pandemic level by the end of last year. One thousand Vietnamese dong equals 0.043 U.S. dollars and 0.042 euros as of September 2022. A paid subscription is required for full access. GNI per capita used to assess economic well-being and living standards is a "measure of the average earning per person in a country, representing the total income divided by the population." . PH to reach upper-middle income status by 2025: Dream or destiny? You only have access to basic statistics. The Trading Economics Application Programming Interface (API) provides direct access to our data. [Online]. Farmer Average Salary in Vietnam 2023 - The Complete Guide GNI per capita used to assess economic well-being and living standards is a measure of the average earning per person in a country, representing the total income divided by the population.. (August 1, 2022). Entry level access to the CEIC platform for individual users. To find out more about the cookies we use, see our Cookies Policy. To put that in perspective, it's just 4.3% of what the average person in Ireland pays for commuting each month. Global data and statistics, research and publications, and topics in poverty and development, *Amounts include IBRD and IDA commitments, The World Banks digital platform for live-streaming, Environmental and Social Policies for Projects, International Development Association (IDA), Vietnam Country Systematic Diagnostic Update 2021, Vietnam Country Climate and Development Report (CCDR), 2022 Vietnam Poverty & Equity Assessment , Vietnam Country Private Sector Diagnostic (CPSD), rounds of household high-frequency surveys, and five rounds of Business Pulse Surveys, Vietnam Renewable Energy Development Project, Mekong Delta Integrated Climate Resilience and Sustainable Livelihoods Project, Partnership for Market Readiness (PMR) Program, Emergency Natural Disaster Reconstruction Project, Results-Based Rural Water Supply and Sanitation Under the National Target Program, Vietnam Agriculture Sustainable Transformation Project, Vietnam Enhancing Teacher Education Program, Vietnam Quality Improvement of Primary Education for Deaf Children Project, Vietnam Support for Autonomous Higher Education Project, Northeast and Red River Delta Regions Health System Support Project, Country Partnership Framework for the Period FY18-FY22, Performance and Learning Review of the Country Partnership Strategy for Vietnam (FY12 - 16), Joint Vietnam-World Bank Group Study Will Seek Path for Higher Economic Growth, Results from the World Bank Groups 2012 2017 Country Partnership Strategy for Vietnam, WBG Country Partnership Framework for Vietnam 2018 2022: Key Priorities, Vietnam: Mobile Technology Enables Faster and Safer Social Allowance Transfers for Ethnic Minorities. General Statistics Office of Vietnam. Vietnam: average monthly income per capita 2021 | Statista As a Premium user you get access to the detailed source references and background information about this statistic. Profit from the additional features of your individual account. The average income per person per month in 2020 in urban areas was VND5.5 million, nearly 1.6 times higher than in rural . If you are an admin, please authenticate by logging in again. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors. The average take-home salary (net) is $386/month. Vietnam has grown bolder in its development aspirations, aiming to become a high-income country by 2045. In addition, 19 small hydropower plants were built with a total capacity of 320MW, which supplied an annual volume of 1,260GWh. The Vietnam Agriculture Sustainable Transformation Project benefited around one million people living in the Mekong Delta and Central Highlands. Salaries range from 6,410,000 VND (lowest average) to 37,200,000 VND (highest average, actual maximum salary is higher). and over 1Mio. Download limits apply. TheNortheast and Red River Delta Regions Health System Support Projectimproved treatment capacity for 74 public hospitals at the district and provincial levels by investing in upgrades to the medical infrastructure and training for health workers. API users can feed a custom application. statistic alerts) please log in with your personal account. Chart. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Statista. In 2021, the monthly average income per capita for the income group five was about 9.2 million Vietnamese dong in . Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). "Breakdown of Monthly Average Income per Capita in Vietnam in 2021, by Income Source (in Million Vietnamese Dong). A new CPF for FY 2023-2027, currently under preparation, will respond to the Governments Socio-Economic Development Strategy (SEDS) 2021-2030. As a Premium user you get access to the detailed source references and background information about this statistic. Covid-19 crisis leads to lower incomes, living conditions for tens of thousands of families, Residents say Hanoi a good place to live despite high living cost. General Statistics Office of Vietnam. 2021 CEIC Data, an ISI Emerging Markets Group Company. Surveys all show that the living conditions of many Vietnamese have become worse because of Covid-19. Accessed July 09, 2023. https://www.statista.com/statistics/1239979/vietnam-monthly-average-income-per-capita-by-income-source/. Jul 2, 2023, Forbes Money Personal Finance Vietnam GDP Per Capita: A Full Breakdown Andrew DePietro Contributor I cover real estate, economics and cost of living. Top Story | ANC (4 July 2023) - Facebook To use individual functions (e.g., mark statistics as favourites, set By the time of project closing, more than 220,000 farm households had adopted GAP over 255,000 hectares farmland, farming profit increased by more than 20 percent, CO2e emission reduced by over 1.5 million tons from rice farming annually. Learn more about how Statista can support your business. Median Salary Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces.

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