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Based on a report from the Asian Development Bank, Vietnam has a total population of 91.70 million as of 2015, about one million people more compared to the previous year. [22] In 2016, 5.8% of the population lived below the national poverty line; in 2019, the unemployment rate was 2.0%. [23]
According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
The primary social issues in Vietnam are rural and child poverty. Vietnam scores 37.6 in the Gini coefficient index of wealth inequality, with the top 10% accounting for 30.2% of the nation's income and the bottom 10% receiving 3.2%. In 2008, 14% of the population lived below the national poverty line of US$1.15 per day. [1]
The least developed countries (LDCs) are developing countries listed by the United Nations that exhibit the lowest indicators of socioeconomic development.The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) on 18 November 1971.
The Kinh group does represent much of the cultural and political landscape of Vietnam. Vietnam's population may be expected to approach to 100 million by the end of 2023, making it the 15th largest country by population in the world. [7] [8] It is predicted that by 2035, Vietnam will become an aged society. [9] [10]
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
The regions with the highest relative poverty rates include the north-west, north-central, central highlands, central coast and north-east. But in terms of absolute numbers, more poor people live in the north-central and north-east regions, in the Mekong Delta and central coastal regions, which are home to seven out of 10 of Vietnam's poor people.
The number of people who live in urbanised areas in 2019 is 33,122,548 people (with the urbanisation rate at 34.4%). [2] Since 1986, Vietnam's urbanisation rates have surged rapidly after the Vietnamese government implemented the Đổi Mới economic programme, changing the system into a socialist one and liberalising property rights.