Median monthly earnings of employees (Local currency) in Vietnam
Vietnam: Median monthly earnings of employees (Local currency) was 8.00 million in 2024. ▲ Rising
Median monthly earnings of employees in Vietnam, 2007–2024
Source: International Labour Organization.
Analysis
In 2024, median monthly earnings of employees in Vietnam stood at 8.00 million. That is the highest value across all 17 years on record.
The figure is up 9.6% on the previous year and up 100.0% over ten years.
Over the whole period, median monthly earnings of employees in Vietnam peaked at 8.00 million in 2024 and was at its lowest, 1.20 million, in 2007.
That places Vietnam 1st out of 92 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Median monthly earnings of employees (Local currency) in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 1.20 million | — |
| 2009 | 1.95 million | +62.4% |
| 2010 | 2.10 million | +7.8% |
| 2011 | 2.70 million | +28.6% |
| 2012 | 3.25 million | +20.4% |
| 2013 | 3.60 million | +10.8% |
| 2014 | 4.00 million | +11.1% |
| 2015 | 4.50 million | +12.5% |
| 2016 | 4.75 million | +5.6% |
| 2017 | 5.00 million | +5.3% |
| 2018 | 5.20 million | +4.0% |
| 2019 | 6.00 million | +15.4% |
| 2020 | 6.30 million | +5.0% |
| 2021 | 6.30 million | +0.0% |
| 2022 | 7.00 million | +11.1% |
| 2023 | 7.30 million | +4.3% |
| 2024 | 8.00 million | +9.6% |
Vietnam compared with similar countries
- Vietnam's 8.00 million is above the median for upper middle income countries, which is 11,337, 705.6× the median. (28 countries reporting)
- Vietnam's 8.00 million is above the median for East Asia & Pacific, which is 180,000, 44.4× the median. (9 countries reporting)
Biggest year-on-year movements
Years where Median monthly earnings of employees (Local currency) 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 |
|---|---|---|---|
| 2009 | +62.4% | 1.20 million | 1.95 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.57 million | 1.20 million | 1.95 million | 2 |
| 2010s | 4.11 million | 2.10 million | 6.00 million | 10 |
| 2020s | 6.98 million | 6.30 million | 8.00 million | 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 median monthly earnings of employees in Vietnam?
- Median monthly earnings of employees in Vietnam was 8.00 million in 2024, according to International Labour Organization.
- What is the highest median monthly earnings of employees recorded in Vietnam?
- The highest recorded value was 8.00 million in 2024.
- What is the lowest median monthly earnings of employees recorded in Vietnam?
- The lowest recorded value was 1.20 million in 2007.
- How does Vietnam rank for median monthly earnings of employees?
- Vietnam ranks 1st out of 92 countries with data for 2024.
- Is median monthly earnings of employees rising or falling in Vietnam?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from International Labour Organization, published as part of Median monthly earnings of employees (Local currency). Statizoid updates them automatically from the source API.
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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. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. The median is the middle value, with half of employees earning less and half earning more. Data are converted to U.S. dollars as the common currency, using exchange rates or using purchasing power parity (PPP) rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.