Labor market, Overall in Vietnam
Vietnam: Labor market, Overall was 0.4279 in 2014. ▼ Falling
Labor market, Overall in Vietnam, 1973–2014
Source: International Monetary Fund.
Analysis
In 2014, labor market, overall in Vietnam stood at 0.4279.
That represents a change of up 6.5% over ten years.
Over the whole period, labor market, overall in Vietnam peaked at 0.7021 in 1992 and was at its lowest, 0.4016, in 2003.
That places Vietnam 88th out of 90 countries with data for 2014, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Labor market, Overall in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.6844 | — |
| 1974 | 0.6844 | +0.0% |
| 1975 | 0.6844 | +0.0% |
| 1976 | 0.6844 | +0.0% |
| 1977 | 0.6844 | +0.0% |
| 1978 | 0.6844 | +0.0% |
| 1979 | 0.6844 | +0.0% |
| 1980 | 0.6844 | +0.0% |
| 1981 | 0.6844 | +0.0% |
| 1982 | 0.6844 | +0.0% |
| 1983 | 0.6844 | +0.0% |
| 1984 | 0.6844 | +0.0% |
| 1985 | 0.6844 | +0.0% |
| 1986 | 0.6844 | +0.0% |
| 1987 | 0.6844 | +0.0% |
| 1988 | 0.6844 | +0.0% |
| 1989 | 0.6844 | +0.0% |
| 1990 | 0.6844 | +0.0% |
| 1991 | 0.6189 | -9.6% |
| 1992 | 0.7021 | +13.4% |
| 1993 | 0.7021 | +0.0% |
| 1994 | 0.7021 | +0.0% |
| 1995 | 0.4492 | -36.0% |
| 1996 | 0.4492 | +0.0% |
| 1997 | 0.4492 | +0.0% |
| 1998 | 0.4492 | +0.0% |
| 1999 | 0.4492 | +0.0% |
| 2000 | 0.4492 | +0.0% |
| 2001 | 0.4492 | +0.0% |
| 2002 | 0.4492 | +0.0% |
| 2003 | 0.4016 | -10.6% |
| 2004 | 0.4016 | +0.0% |
| 2005 | 0.4016 | +0.0% |
| 2006 | 0.4016 | +0.0% |
| 2007 | 0.4016 | +0.0% |
| 2008 | 0.4016 | +0.0% |
| 2009 | 0.4016 | +0.0% |
| 2010 | 0.4016 | +0.0% |
| 2011 | 0.4016 | +0.0% |
| 2012 | 0.4016 | +0.0% |
| 2013 | 0.4279 | +6.5% |
| 2014 | 0.4279 | +0.0% |
Vietnam compared with similar countries
- Vietnam's 0.4279 is below the median for upper middle income countries, which is 0.6962, 61% of the median. (28 countries reporting)
- Vietnam's 0.4279 is below the median for East Asia & Pacific, which is 0.7425, 58% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6844 | 0.6844 | 0.6844 | 7 |
| 1980s | 0.6844 | 0.6844 | 0.6844 | 10 |
| 1990s | 0.5656 | 0.4492 | 0.7021 | 10 |
| 2000s | 0.4159 | 0.4016 | 0.4492 | 10 |
| 2010s | 0.4121 | 0.4016 | 0.4279 | 5 |
Countries ranked near Vietnam
More work & labour data for Vietnam
- 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 labor market, overall in Vietnam?
- Labor market, overall in Vietnam was 0.4279 in 2014, according to International Monetary Fund.
- What is the highest labor market, overall recorded in Vietnam?
- The highest recorded value was 0.7021 in 1992.
- What is the lowest labor market, overall recorded in Vietnam?
- The lowest recorded value was 0.4016 in 2003.
- How does Vietnam rank for labor market, overall?
- Vietnam ranks 88th out of 90 countries with data for 2014.
- Is labor market, overall rising or falling in Vietnam?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from International Monetary Fund, published as part of Labor market, Overall. Statizoid updates them automatically from the source API.
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About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.