LU2: Combined rate of time-related underemployment and unemployment in Vietnam
Vietnam: LU2: Combined rate of time-related underemployment and unemployment was 3.31 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Vietnam, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Vietnam is 3.31, measured in 2027.
The figure is up 2.0% on the previous year and down 3.0% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Vietnam peaked at 5.4 in 2005 and was at its lowest, 2.49, in 2018.
Vietnam ranks 178th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.4 | — |
| 2006 | 5.37 | -0.6% |
| 2007 | 5.36 | -0.2% |
| 2008 | 5.38 | +0.4% |
| 2009 | 5.37 | -0.4% |
| 2010 | 4.55 | -15.3% |
| 2011 | 3.78 | -16.9% |
| 2012 | 3.6 | -4.6% |
| 2013 | 3.91 | +8.6% |
| 2014 | 3.51 | -10.2% |
| 2015 | 3.62 | +2.9% |
| 2016 | 3.39 | -6.3% |
| 2017 | 3.42 | +0.8% |
| 2018 | 2.49 | -27.1% |
| 2019 | 2.97 | +19.3% |
| 2020 | 4.37 | +47.3% |
| 2021 | 5.03 | +14.9% |
| 2022 | 3.52 | -30.0% |
| 2023 | 3.43 | -2.4% |
| 2024 | 3.37 | -1.7% |
| 2025 | 3.26 | -3.2% |
| 2026 | 3.25 | -0.5% |
| 2027 | 3.31 | +2.0% |
Vietnam compared with similar countries
- Vietnam's 3.31 is below the median for upper middle income countries, which is 12.16, 27% of the median. (53 countries reporting)
- Vietnam's 3.31 is below the median for East Asia & Pacific, which is 5.83, 57% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where LU2: Combined rate of time-related underemployment and unemployment in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +47.3% | 2.97 | 4.37 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.38 | 5.36 | 5.4 | 5 |
| 2010s | 3.52 | 2.49 | 4.55 | 10 |
| 2020s | 3.69 | 3.25 | 5.03 | 8 |
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 lu2: combined rate of time-related underemployment and unemployment in Vietnam?
- Lu2: combined rate of time-related underemployment and unemployment in Vietnam was 3.31 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Vietnam?
- The highest recorded value was 5.4 in 2005.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Vietnam?
- The lowest recorded value was 2.49 in 2018.
- How does Vietnam rank for lu2: combined rate of time-related underemployment and unemployment?
- Vietnam ranks 178th out of 188 countries with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Vietnam?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.