Monthly minimum wage, per capita in Vietnam
Vietnam: Monthly minimum wage, per capita was 0.0491 units per person in 2024. ◆ Volatile
Monthly minimum wage, per capita in Vietnam, 2000–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
In 2024, monthly minimum wage, per capita in Vietnam stood at 0.0491 units per person. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 5.3% on the previous year and up 100.1% over ten years.
Over the whole period, monthly minimum wage, 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.
That places Vietnam 17th out of 170 countries with data for 2024, 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, 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% |
Vietnam compared with similar countries
- Vietnam's 0.0491 units per person is above the median for upper middle income countries, which is 0.0017 units per person, 28.9× the median. (53 countries reporting)
- Vietnam's 0.0491 units per person is above the median for East Asia & Pacific, which is 0.002 units per person, 24.4× the median. (25 countries reporting)
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
- 14 Seychelles 0.0546 units per person compare
- 15 San Marino 0.0509 units per person compare
- 16 Palau 0.0499 units per person compare
- 18 South Korea 0.0398 units per person compare
- 19 Guinea 0.0373 units per person compare
- 20 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)
- 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 monthly minimum wage, per capita in Vietnam?
- Monthly minimum wage, per capita in Vietnam was 0.0491 units per person in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage, per capita recorded in Vietnam?
- The highest recorded value was 0.0491 units per person in 2024.
- What is the lowest monthly minimum wage, 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, per capita?
- Vietnam ranks 17th out of 170 countries with data for 2024.
- Is monthly minimum wage, 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, 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 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 ÷ 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.