Labor productivity per hour pennworldtable in Vietnam
Vietnam: Labor productivity per hour pennworldtable was 11.03 in 2023. ◆ Volatile
Latest (2023)
11.03
Change on year
up 0.0%
World rank
98th
of 130 countries
All-time high
11.2
in 2021
All-time low
1.24
in 1983
Years of data
41
1983–2023
Labor productivity per hour pennworldtable in Vietnam, 1983–2023
Source: Our World in Data.
Analysis
The most recent figure for labor productivity per hour pennworldtable in Vietnam is 11.03, measured in 2023.
That represents a change of up 66.9% over ten years.
Over the whole period, labor productivity per hour pennworldtable in Vietnam peaked at 11.2 in 2021 and was at its lowest, 1.24, in 1983.
Vietnam ranks 98th of 130 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Labor productivity per hour pennworldtable in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 1983 | 1.24 | — |
| 1984 | 1.29 | +4.1% |
| 1985 | 1.32 | +2.0% |
| 1986 | 1.32 | -0.0% |
| 1987 | 1.32 | +0.1% |
| 1988 | 1.35 | +2.3% |
| 1989 | 1.3 | -3.8% |
| 1990 | 1.31 | +1.5% |
| 1991 | 1.45 | +10.3% |
| 1992 | 1.53 | +5.5% |
| 1993 | 1.7 | +11.0% |
| 1994 | 1.76 | +3.6% |
| 1995 | 1.87 | +6.4% |
| 1996 | 2.09 | +11.5% |
| 1997 | 2.32 | +11.3% |
| 1998 | 2.29 | -1.5% |
| 1999 | 2.23 | -2.8% |
| 2000 | 2.32 | +4.1% |
| 2001 | 2.59 | +11.6% |
| 2002 | 2.74 | +5.8% |
| 2003 | 2.88 | +5.3% |
| 2004 | 3.11 | +7.8% |
| 2005 | 3.33 | +7.0% |
| 2006 | 3.58 | +7.6% |
| 2007 | 4.14 | +15.7% |
| 2008 | 4.62 | +11.7% |
| 2009 | 4.82 | +4.2% |
| 2010 | 5.55 | +15.2% |
| 2011 | 5.93 | +6.9% |
| 2012 | 6.32 | +6.6% |
| 2013 | 6.61 | +4.5% |
| 2014 | 7.17 | +8.4% |
| 2015 | 7.44 | +3.8% |
| 2016 | 7.77 | +4.5% |
| 2017 | 8.68 | +11.6% |
| 2018 | 8.86 | +2.1% |
| 2019 | 9.73 | +9.8% |
| 2020 | 10.4 | +6.9% |
| 2021 | 11.2 | +7.7% |
| 2022 | 11.03 | -1.5% |
| 2023 | 11.03 | +0.0% |
Vietnam compared with similar countries
- Vietnam's 11.03 is below the median for upper middle income countries, which is 20.42, 54% of the median. (38 countries reporting)
- Vietnam's 11.03 is below the median for East Asia & Pacific, which is 24.39, 45% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3 | 1.24 | 1.35 | 7 |
| 1990s | 1.86 | 1.31 | 2.32 | 10 |
| 2000s | 3.41 | 2.32 | 4.82 | 10 |
| 2010s | 7.41 | 5.55 | 9.73 | 10 |
| 2020s | 10.92 | 10.4 | 11.2 | 4 |
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 productivity per hour pennworldtable in Vietnam?
- Labor productivity per hour pennworldtable in Vietnam was 11.03 in 2023, according to Our World in Data.
- What is the highest labor productivity per hour pennworldtable recorded in Vietnam?
- The highest recorded value was 11.2 in 2021.
- What is the lowest labor productivity per hour pennworldtable recorded in Vietnam?
- The lowest recorded value was 1.24 in 1983.
- How does Vietnam rank for labor productivity per hour pennworldtable?
- Vietnam ranks 98th out of 130 countries with data for 2023.
- Is labor productivity per hour pennworldtable rising or falling in Vietnam?
- Over the last ten years it is up 66.9%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Our World in Data, published as part of Labor productivity per hour pennworldtable. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (Our World in Data).