Monthly minimum wage (Local currency), per square kilometre in Vietnam

Vietnam: Monthly minimum wage (Local currency), per square kilometre was 14.93 units per square kilometre in 2023. ◆ Volatile

Latest (2023)
14.93 units per square kilometre
Change on year
up 20.1%
World rank
7th
of 169 countries
All-time high
14.93 units per square kilometre
in 2023
All-time low
0.5786 units per square kilometre
in 2001
Years of data
24
2000–2023

Monthly minimum wage (Local currency), per square kilometre in Vietnam, 2000–2023

0510152000201120232000: 0.579 units per square kilometre2001: 0.579 units per square kilometre2002: 0.676 units per square kilometre2003: 0.935 units per square kilometre2004: 0.935 units per square kilometre2005: 1.1 units per square kilometre2006: 1.4 units per square kilometre2007: 1.7 units per square kilometre2008: 1.7 units per square kilometre2009: 2.1 units per square kilometre2010: 2.7 units per square kilometre2011: 3.6 units per square kilometre2012: 5.3 units per square kilometre2013: 6.2 units per square kilometre2014: 7.2 units per square kilometre2015: 8.2 units per square kilometre2016: 9.3 units per square kilometre2017: 9.9 units per square kilometre2018: 10.6 units per square kilometre2019: 11.1 units per square kilometre2020: 11.7 units per square kilometre2021: 11.7 units per square kilometre2022: 12.4 units per square kilometre2023: 14.9 units per square kilometre

Source: Statizoid (derived). Measured in units per square kilometre.

Analysis

In 2023, monthly minimum wage (local currency), per square kilometre in Vietnam stood at 14.93 units per square kilometre. That is the highest value across all 24 years on record.

The figure is up 20.1% on the previous year and up 139.7% over ten years.

Over the whole period, monthly minimum wage (local currency), per square kilometre in Vietnam peaked at 14.93 units per square kilometre in 2023 and was at its lowest, 0.5786 units per square kilometre, in 2001.

That places Vietnam 7th out of 169 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Monthly minimum wage (Local currency), per square kilometre in Vietnam, year by year

Annual values for Monthly minimum wage (Local currency), per square kilometre in Vietnam, 2000 to 2023.
Year units per square kilometre Change
2000 0.5787 units per square kilometre
2001 0.5786 units per square kilometre -0.0%
2002 0.6762 units per square kilometre +16.9%
2003 0.9353 units per square kilometre +38.3%
2004 0.9353 units per square kilometre +0.0%
2005 1.12 units per square kilometre +19.6%
2006 1.44 units per square kilometre +28.6%
2007 1.73 units per square kilometre +20.1%
2008 1.73 units per square kilometre -0.1%
2009 2.08 units per square kilometre +20.4%
2010 2.7 units per square kilometre +29.8%
2011 3.59 units per square kilometre +33.1%
2012 5.31 units per square kilometre +47.9%
2013 6.23 units per square kilometre +17.3%
2014 7.18 units per square kilometre +15.3%
2015 8.22 units per square kilometre +14.4%
2016 9.25 units per square kilometre +12.6%
2017 9.92 units per square kilometre +7.2%
2018 10.56 units per square kilometre +6.4%
2019 11.1 units per square kilometre +5.1%
2020 11.73 units per square kilometre +5.6%
2021 11.73 units per square kilometre +0.0%
2022 12.43 units per square kilometre +6.0%
2023 14.93 units per square kilometre +20.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.18 units per square kilometre 0.5786 units per square kilometre 2.08 units per square kilometre 10
2010s 7.41 units per square kilometre 2.7 units per square kilometre 11.1 units per square kilometre 10
2020s 12.7 units per square kilometre 11.73 units per square kilometre 14.93 units per square kilometre 4

Countries ranked near Vietnam

  1. 4 Comoros 29.55 units per square kilometre compare
  2. 5 San Marino 28.81 units per square kilometre compare
  3. 6 South Korea 20.6 units per square kilometre compare
  4. 8 Seychelles 14.41 units per square kilometre compare
  5. 9 New Caledonia 9.03 units per square kilometre compare
  6. 10 Laos 6.93 units per square kilometre compare

See the full ranking of 169 places →

More work & labour data for Vietnam

All data for Vietnam →

Frequently asked questions

What is monthly minimum wage (local currency), per square kilometre in Vietnam?
Monthly minimum wage (local currency), per square kilometre in Vietnam was 14.93 units per square kilometre in 2023, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), per square kilometre recorded in Vietnam?
The highest recorded value was 14.93 units per square kilometre in 2023.
What is the lowest monthly minimum wage (local currency), per square kilometre recorded in Vietnam?
The lowest recorded value was 0.5786 units per square kilometre in 2001.
How does Vietnam rank for monthly minimum wage (local currency), per square kilometre?
Vietnam ranks 7th out of 169 countries with data for 2023.
Is monthly minimum wage (local currency), per square kilometre rising or falling in Vietnam?
Over the last ten years it is up 139.7%. 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 square kilometre. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), per square kilometre in Vietnam. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-per-square-kilometre/viet-nam/

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<a href="https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-per-square-kilometre/viet-nam/">Monthly minimum wage (Local currency), per square kilometre in Vietnam</a> — Statizoid

How this figure is calculated

Monthly minimum wage (Local currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Monthly minimum wage (Local currency) ÷ Land area (sq. km)

Computed from

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

Indicator
Monthly minimum wage (Local currency), per square kilometre
Unit
units per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
169 places, 3,647 data points, 1980–2023
Last refreshed

Monthly minimum wage (Local currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.