LU4: Composite measure of labour underutilization in Viet Nam
Viet Nam: LU4: Composite measure of labour underutilization was 1,817 in 2024. ▼ Falling
LU4: Composite measure of labour underutilization in Viet Nam, 2007–2024
Source: International Labour Organization.
Analysis
In 2024, lu4: composite measure of labour underutilization in Viet Nam stood at 1,817. That is the lowest value across all 17 years on record.
The figure is down 8.7% on the previous year and down 19.8% over ten years.
Over the whole period, lu4: composite measure of labour underutilization in Viet Nam peaked at 4,852 in 2018 and was at its lowest, 1,817, in 2024.
Viet Nam ranks 20th of 79 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
LU4: Composite measure of labour underutilization in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 2,742 | — |
| 2009 | 3,985 | +45.3% |
| 2010 | 3,127 | -21.5% |
| 2011 | 2,508 | -19.8% |
| 2012 | 2,282 | -9.0% |
| 2013 | 2,492 | +9.2% |
| 2014 | 2,266 | -9.1% |
| 2015 | 2,368 | +4.5% |
| 2016 | 2,198 | -7.2% |
| 2017 | 2,186 | -0.5% |
| 2018 | 4,852 | +121.9% |
| 2019 | 1,831 | -62.3% |
| 2020 | 2,513 | +37.2% |
| 2021 | 3,228 | +28.5% |
| 2022 | 2,143 | -33.6% |
| 2023 | 1,990 | -7.2% |
| 2024 | 1,817 | -8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,363 | 2,742 | 3,985 | 2 |
| 2010s | 2,611 | 1,831 | 4,852 | 10 |
| 2020s | 2,338 | 1,817 | 3,228 | 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)
- 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 lu4: composite measure of labour underutilization in Viet Nam?
- Lu4: composite measure of labour underutilization in Viet Nam was 1,817 in 2024, according to International Labour Organization.
- What is the highest lu4: composite measure of labour underutilization recorded in Viet Nam?
- The highest recorded value was 4,852 in 2018.
- What is the lowest lu4: composite measure of labour underutilization recorded in Viet Nam?
- The lowest recorded value was 1,817 in 2024.
- How does Viet Nam rank for lu4: composite measure of labour underutilization?
- Viet Nam ranks 20th out of 79 countries with data for 2024.
- Is lu4: composite measure of labour underutilization rising or falling in Viet Nam?
- Over the last ten years it is down 19.8%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from International Labour Organization, published as part of LU4: Composite measure of labour underutilization. Statizoid updates them automatically from the source API.
Download this data
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU4 represents the share of the extended labour force that are in unemployment, time-related underemployment or the potential labour force. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.