Labor market, S1 - Firing costs in Viet Nam
Viet Nam: Labor market, S1 - Firing costs was 0.4827 in 2014. ▼ Falling
Labor market, S1 - Firing costs in Viet Nam, 1973–2014
Source: International Monetary Fund.
Analysis
In 2014, labor market, s1 - firing costs in Viet Nam stood at 0.4827. That is the lowest value across all 42 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, labor market, s1 - firing costs in Viet Nam peaked at 0.699 in 1973 and was at its lowest, 0.4827, in 1995.
That places Viet Nam 76th 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, S1 - Firing costs in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.699 | — |
| 1974 | 0.699 | +0.0% |
| 1975 | 0.699 | +0.0% |
| 1976 | 0.699 | +0.0% |
| 1977 | 0.699 | +0.0% |
| 1978 | 0.699 | +0.0% |
| 1979 | 0.699 | +0.0% |
| 1980 | 0.699 | +0.0% |
| 1981 | 0.699 | +0.0% |
| 1982 | 0.699 | +0.0% |
| 1983 | 0.699 | +0.0% |
| 1984 | 0.699 | +0.0% |
| 1985 | 0.699 | +0.0% |
| 1986 | 0.699 | +0.0% |
| 1987 | 0.699 | +0.0% |
| 1988 | 0.699 | +0.0% |
| 1989 | 0.699 | +0.0% |
| 1990 | 0.699 | +0.0% |
| 1991 | 0.576 | -17.6% |
| 1992 | 0.5438 | -5.6% |
| 1993 | 0.5438 | +0.0% |
| 1994 | 0.5438 | +0.0% |
| 1995 | 0.4827 | -11.2% |
| 1996 | 0.4827 | +0.0% |
| 1997 | 0.4827 | +0.0% |
| 1998 | 0.4827 | +0.0% |
| 1999 | 0.4827 | +0.0% |
| 2000 | 0.4827 | +0.0% |
| 2001 | 0.4827 | +0.0% |
| 2002 | 0.4827 | +0.0% |
| 2003 | 0.4827 | +0.0% |
| 2004 | 0.4827 | +0.0% |
| 2005 | 0.4827 | +0.0% |
| 2006 | 0.4827 | +0.0% |
| 2007 | 0.4827 | +0.0% |
| 2008 | 0.4827 | +0.0% |
| 2009 | 0.4827 | +0.0% |
| 2010 | 0.4827 | +0.0% |
| 2011 | 0.4827 | +0.0% |
| 2012 | 0.4827 | +0.0% |
| 2013 | 0.4827 | +0.0% |
| 2014 | 0.4827 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.699 | 0.699 | 0.699 | 7 |
| 1980s | 0.699 | 0.699 | 0.699 | 10 |
| 1990s | 0.532 | 0.4827 | 0.699 | 10 |
| 2000s | 0.4827 | 0.4827 | 0.4827 | 10 |
| 2010s | 0.4827 | 0.4827 | 0.4827 | 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)
- 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)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 72.8% (2025)
- Labor force participation rate, male (% of male population ages 15+) 77.3% (2025)
Frequently asked questions
- What is labor market, s1 - firing costs in Viet Nam?
- Labor market, s1 - firing costs in Viet Nam was 0.4827 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Viet Nam?
- The highest recorded value was 0.699 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Viet Nam?
- The lowest recorded value was 0.4827 in 1995.
- How does Viet Nam rank for labor market, s1 - firing costs?
- Viet Nam ranks 76th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Viet Nam?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from International Monetary Fund, published as part of Labor market, S1 - Firing costs. 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.