Labor share of gdp in Vietnam

Vietnam: Labor share of gdp was 42.7 in 2020. β–¬ Flat

Latest (2020)
42.7
Change on year
up 1.7%
World rank
130th
of 186 countries
All-time high
44.9
in 2009
All-time low
42
in 2019
Years of data
17
2004–2020

Labor share of gdp in Vietnam, 2004–2020

0102030402004201220202004: 43.32005: 43.32006: 43.72007: 43.52008: 44.72009: 44.92010: 442011: 442012: 44.52013: 44.32014: 43.42015: 42.12016: 42.42017: 43.62018: 43.92019: 422020: 42.7

Source: Our World in Data.

Analysis

In 2020, labor share of gdp in Vietnam stood at 42.7.

Compared with earlier readings it is up 1.7% on the previous year and down 3.0% over ten years.

Over the whole period, labor share of gdp in Vietnam peaked at 44.9 in 2009 and was at its lowest, 42, in 2019.

Vietnam ranks 130th of 186 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 43.9 43.3 44.9 6
2010s 43.42 42 44.5 10
2020s 42.7 42.7 42.7 1

Countries ranked near Vietnam

  1. 127 Liberia 43 compare
  2. 127 Somalia 43 compare
  3. 129 Djibouti 42.8 compare
  4. 131 South Sudan 42.5 compare
  5. 132 Chad 42.4 compare
  6. 132 Ghana 42.4 compare
  7. 132 Malawi 42.4 compare
  8. 132 Oman 42.4 compare

See the full ranking of 186 places β†’

More work & labour data for Vietnam

All data for Vietnam β†’

Frequently asked questions

What is labor share of gdp in Vietnam?
Labor share of gdp in Vietnam was 42.7 in 2020, according to Our World in Data.
What is the highest labor share of gdp recorded in Vietnam?
The highest recorded value was 44.9 in 2009.
What is the lowest labor share of gdp recorded in Vietnam?
The lowest recorded value was 42 in 2019.
How does Vietnam rank for labor share of gdp?
Vietnam ranks 130th out of 186 countries with data for 2020.
Is labor share of gdp rising or falling in Vietnam?
Over the last ten years it is down 3.0%. The long-run trend across the full record is flat.
Where does this Vietnam data come from?
The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 17 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Labor share of gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 3,162 data points, 2004–2020
Last refreshed