Average monthly income in Binh Duong surpasses HCMC

In 2023, the Southeastern region had the highest average income per capita per month in the whole country, with Binh Duong province taking the lead with the highest average income in the region.

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The General Statistics Office of Vietnam has just released the results of the 2023 survey on living standards of the population.

Accordingly, the average income per capita per month at current prices reached 4.96 million VND, an increase of 6.2% compared to last year.

The survey results show that the average income per person per month in urban areas reached 6.26 million VND, nearly 1.5 times higher than in rural areas, which was 4.17 million VND.

Over the past year, the Southeastern region had the highest average income per capita per month nationwide, at 6.52 million VND. In which, Binh Duong is the locality with the highest average income per capita per month in the region, at 8.29 million VND.

Next, Dong Nai, the average income per capita per month is 6.579.5 million VND, the third is Ho Chi Minh City with 6.516.3 million VND.

People shopping at the market. Photo: TU UYEN

The Red River Delta is the region with the second highest average income per capita per month in the country, at 5,980.6 million VND.

In which, Hanoi is the locality with the highest average income per capita per month in the region, at VND 6,868.8 million, followed by Hai Phong at VND 6,391.5 million.

In addition, the survey results on living standards also show that the group of households with the highest income (including 20% of the population with the highest income in group 5) has an average income per capita per month of 10.86 million VND, 7.5 times higher than the group of households with the lowest income, with an average income of 1.45 million VND/person/month.

The GINI coefficient (by income) of Vietnam in 2023 is 0.374, not much different from last year and still remains at the level of moderate inequality.

The level of inequality in income distribution in rural areas is higher than in urban areas. The two regions with the highest poverty rates, the North Central and Central Highlands, are also the two regions with the highest levels of inequality.

The Red River Delta is the region with the lowest level of inequality.

According to the General Statistics Office, in 2023, people’s living standards as reflected by the per capita income indicator continued to increase compared to last year.

However, the growth rate slowed down compared to the growth momentum in 2022 as the global economy as well as Vietnam’s economy continued to face many difficulties to overcome the consequences of the post-epidemic period.

Social inequality still exists between urban and rural areas, between regions and between the low-income group and the high-income group.

Therefore, in order for the people’s living standards to continue to improve in 2024, the Government and local authorities at all levels need to continue to effectively implement social security programs and policies. At the same time, create jobs for workers and have policies to provide timely support for disadvantaged and vulnerable people in society.

The results of the 2023 living standards survey were surveyed by the General Statistics Office in 63 centrally-run provinces and cities, including 46,995 households representing the whole country, urban and rural areas, six geographical regions, provinces, and centrally-run cities.

The information surveyed includes income, demographics, education, healthcare, employment, durable goods, housing, electricity, water, and sanitation.

Tu Uyen