Monthly minimum wage (Local currency), per capita in Vietnam
Vietnam: Monthly minimum wage (Local currency), per capita was 0.0491 units per person in 2024. ◆ Volatile
Monthly minimum wage (Local currency), per capita in Vietnam, 2000–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
In 2024, monthly minimum wage (local currency), per capita in Vietnam stood at 0.0491 units per person. That is the highest value across all 25 years on record.
The figure is up 5.3% on the previous year and up 100.1% over ten years.
Over the whole period, monthly minimum wage (local currency), per capita in Vietnam peaked at 0.0491 units per person in 2024 and was at its lowest, 0.0023 units per person, in 2001.
Vietnam ranks 18th of 170 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), per capita in Vietnam, year by year
| Year | units per person | Change |
|---|---|---|
| 2000 | 0.0023 units per person | — |
| 2001 | 0.0023 units per person | -1.0% |
| 2002 | 0.0027 units per person | +15.5% |
| 2003 | 0.0036 units per person | +36.7% |
| 2004 | 0.0036 units per person | -1.0% |
| 2005 | 0.0043 units per person | +19.6% |
| 2006 | 0.0055 units per person | +26.9% |
| 2007 | 0.0065 units per person | +17.9% |
| 2008 | 0.0063 units per person | -1.8% |
| 2009 | 0.0075 units per person | +18.6% |
| 2010 | 0.0097 units per person | +28.5% |
| 2011 | 0.0127 units per person | +31.6% |
| 2012 | 0.0186 units per person | +46.3% |
| 2013 | 0.0215 units per person | +15.7% |
| 2014 | 0.0245 units per person | +14.0% |
| 2015 | 0.0277 units per person | +13.0% |
| 2016 | 0.0309 units per person | +11.2% |
| 2017 | 0.0327 units per person | +5.9% |
| 2018 | 0.0344 units per person | +5.3% |
| 2019 | 0.0358 units per person | +4.1% |
| 2020 | 0.0375 units per person | +4.6% |
| 2021 | 0.0371 units per person | -0.9% |
| 2022 | 0.0391 units per person | +5.2% |
| 2023 | 0.0466 units per person | +19.3% |
| 2024 | 0.0491 units per person | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0045 units per person | 0.0023 units per person | 0.0075 units per person | 10 |
| 2010s | 0.0249 units per person | 0.0097 units per person | 0.0358 units per person | 10 |
| 2020s | 0.0419 units per person | 0.0371 units per person | 0.0491 units per person | 5 |
Countries ranked near Vietnam
- 15 Monaco 0.0522 units per person compare
- 16 San Marino 0.0509 units per person compare
- 17 Palau 0.0499 units per person compare
- 19 South Korea 0.0398 units per person compare
- 20 Guinea 0.0373 units per person compare
- 21 Saint Kitts and Nevis 0.0333 units per person compare
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)
- 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)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 72.8% (2025)
Frequently asked questions
- What is monthly minimum wage (local currency), per capita in Vietnam?
- Monthly minimum wage (local currency), per capita in Vietnam was 0.0491 units per person in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), per capita recorded in Vietnam?
- The highest recorded value was 0.0491 units per person in 2024.
- What is the lowest monthly minimum wage (local currency), per capita recorded in Vietnam?
- The lowest recorded value was 0.0023 units per person in 2001.
- How does Vietnam rank for monthly minimum wage (local currency), per capita?
- Vietnam ranks 18th out of 170 countries with data for 2024.
- Is monthly minimum wage (local currency), per capita rising or falling in Vietnam?
- Over the last ten years it is up 100.1%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Monthly minimum wage (Local currency) ÷ Population, total
Computed from
- Monthly minimum wage International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.