Average monthly earnings of employees in Viet Nam
Viet Nam: Average monthly earnings of employees was 8.58 million in 2024. ▲ Rising
Average monthly earnings of employees in Viet Nam, 2007–2024
Source: International Labour Organization.
Analysis
Viet Nam recorded 8.58 million for average monthly earnings of employees in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 9.2% on the previous year and up 92.3% over ten years.
Over the whole period, average monthly earnings of employees in Viet Nam peaked at 8.58 million in 2024 and was at its lowest, 1.43 million, in 2007.
Viet Nam ranks 1st of 99 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Average monthly earnings of employees in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 1.43 million | — |
| 2009 | 2.27 million | +58.2% |
| 2010 | 2.51 million | +10.5% |
| 2011 | 3.11 million | +24.2% |
| 2012 | 3.74 million | +20.1% |
| 2013 | 4.09 million | +9.5% |
| 2014 | 4.46 million | +9.0% |
| 2015 | 5.10 million | +14.3% |
| 2016 | 5.46 million | +7.0% |
| 2017 | 5.36 million | -1.8% |
| 2018 | 5.76 million | +7.5% |
| 2019 | 6.65 million | +15.3% |
| 2020 | 6.87 million | +3.4% |
| 2021 | 6.75 million | -1.8% |
| 2022 | 7.46 million | +10.6% |
| 2023 | 7.85 million | +5.3% |
| 2024 | 8.58 million | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.85 million | 1.43 million | 2.27 million | 2 |
| 2010s | 4.62 million | 2.51 million | 6.65 million | 10 |
| 2020s | 7.50 million | 6.75 million | 8.58 million | 5 |
Countries ranked near Viet Nam
More work & labour data for Viet Nam
- Persons outside the labour force (ILO modelled estimates) 22,535 (2027)
- Labour force participation rate (ILO modelled estimates) 71.95 (2027)
- Labour force (ILO modelled estimates) 57,816 (2027)
- Unemployment rate (ILO modelled estimates) 1.61 (2027)
- Labour dependency ratio 0.806 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,426 (2027)
- Output per worker, GDP constant 2015 US $ 8,480 (2027)
- Employment-to-population ratio (ILO modelled estimates) 70.79 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 3.1 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.7361 % change on previous year (2027)
Frequently asked questions
- What is average monthly earnings of employees in Viet Nam?
- Average monthly earnings of employees in Viet Nam was 8.58 million in 2024, according to International Labour Organization.
- What is the highest average monthly earnings of employees recorded in Viet Nam?
- The highest recorded value was 8.58 million in 2024.
- What is the lowest average monthly earnings of employees recorded in Viet Nam?
- The lowest recorded value was 1.43 million in 2007.
- How does Viet Nam rank for average monthly earnings of employees?
- Viet Nam ranks 1st out of 99 countries with data for 2024.
- Is average monthly earnings of employees rising or falling in Viet Nam?
- Over the last ten years it is up 92.3%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from International Labour Organization, published as part of Average monthly earnings of employees (15+). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. For more information, refer to the Wages and Working Time Statistics (COND) database description.