Labor market, S1 - Procedural inconvenience in Vietnam
Vietnam: Labor market, S1 - Procedural inconvenience was 0.5111 in 2014. ▼ Falling
Labor market, S1 - Procedural inconvenience in Vietnam, 1973–2014
Source: International Monetary Fund.
Analysis
In 2014, labor market, s1 - procedural inconvenience in Vietnam stood at 0.5111.
That represents a change of up 27.2% over ten years.
Over the whole period, labor market, s1 - procedural inconvenience in Vietnam peaked at 0.8222 in 1973 and was at its lowest, 0.4018, in 1995.
That places Vietnam 81st 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 - Procedural inconvenience in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.8222 | — |
| 1974 | 0.8222 | +0.0% |
| 1975 | 0.8222 | +0.0% |
| 1976 | 0.8222 | +0.0% |
| 1977 | 0.8222 | +0.0% |
| 1978 | 0.8222 | +0.0% |
| 1979 | 0.8222 | +0.0% |
| 1980 | 0.8222 | +0.0% |
| 1981 | 0.8222 | +0.0% |
| 1982 | 0.8222 | +0.0% |
| 1983 | 0.8222 | +0.0% |
| 1984 | 0.8222 | +0.0% |
| 1985 | 0.8222 | +0.0% |
| 1986 | 0.8222 | +0.0% |
| 1987 | 0.8222 | +0.0% |
| 1988 | 0.8222 | +0.0% |
| 1989 | 0.8222 | +0.0% |
| 1990 | 0.8222 | +0.0% |
| 1991 | 0.6787 | -17.5% |
| 1992 | 0.6787 | +0.0% |
| 1993 | 0.6787 | +0.0% |
| 1994 | 0.6787 | +0.0% |
| 1995 | 0.4018 | -40.8% |
| 1996 | 0.4018 | +0.0% |
| 1997 | 0.4018 | +0.0% |
| 1998 | 0.4018 | +0.0% |
| 1999 | 0.4018 | +0.0% |
| 2000 | 0.4018 | +0.0% |
| 2001 | 0.4018 | +0.0% |
| 2002 | 0.4018 | +0.0% |
| 2003 | 0.4018 | +0.0% |
| 2004 | 0.4018 | +0.0% |
| 2005 | 0.4018 | +0.0% |
| 2006 | 0.4018 | +0.0% |
| 2007 | 0.4018 | +0.0% |
| 2008 | 0.4018 | +0.0% |
| 2009 | 0.4018 | +0.0% |
| 2010 | 0.4018 | +0.0% |
| 2011 | 0.4018 | +0.0% |
| 2012 | 0.4018 | +0.0% |
| 2013 | 0.5111 | +27.2% |
| 2014 | 0.5111 | +0.0% |
Vietnam compared with similar countries
- Vietnam's 0.5111 is below the median for upper middle income countries, which is 0.7828, 65% of the median. (28 countries reporting)
- Vietnam's 0.5111 is below the median for East Asia & Pacific, which is 0.9171, 56% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8222 | 0.8222 | 0.8222 | 7 |
| 1980s | 0.8222 | 0.8222 | 0.8222 | 10 |
| 1990s | 0.5546 | 0.4018 | 0.8222 | 10 |
| 2000s | 0.4018 | 0.4018 | 0.4018 | 10 |
| 2010s | 0.4455 | 0.4018 | 0.5111 | 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, s1 - procedural inconvenience in Vietnam?
- Labor market, s1 - procedural inconvenience in Vietnam was 0.5111 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - procedural inconvenience recorded in Vietnam?
- The highest recorded value was 0.8222 in 1973.
- What is the lowest labor market, s1 - procedural inconvenience recorded in Vietnam?
- The lowest recorded value was 0.4018 in 1995.
- How does Vietnam rank for labor market, s1 - procedural inconvenience?
- Vietnam ranks 81st out of 90 countries with data for 2014.
- Is labor market, s1 - procedural inconvenience rising or falling in Vietnam?
- Over the last ten years it is up 27.2%. 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, S1 - Procedural inconvenience. 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.