Potential labour force (current ILO definition - ICLS19) (15+) in Vietnam
Vietnam: Potential labour force (current ILO definition - ICLS19) (15+) was 137.01 in 2024. ◆ Volatile
Potential labour force (current ILO definition - ICLS19) in Vietnam, 2020–2024
Source: International Labour Organization.
Analysis
In 2024, potential labour force (current ilo definition - icls19) in Vietnam stood at 137.01.
Compared with earlier readings it is down 19.0% on the previous year and up 4.9% over five years.
Vietnam ranks 24th of 61 countries on this measure, in the middle of the range.
Potential labour force (current ILO definition - ICLS19) (15+) in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2020 | 130.62 | — |
| 2021 | 477.73 | +265.7% |
| 2022 | 178.71 | -62.6% |
| 2023 | 169.07 | -5.4% |
| 2024 | 137.01 | -19.0% |
Vietnam compared with similar countries
- Vietnam's 137.01 is above the median for upper middle income countries, which is 119.98, 1.1× the median. (10 countries reporting)
- Vietnam's 137.01 is above the median for East Asia & Pacific, which is 120.97, 1.1× the median. (6 countries reporting)
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 potential labour force (current ilo definition - icls19) in Vietnam?
- Potential labour force (current ilo definition - icls19) in Vietnam was 137.01 in 2024, according to International Labour Organization.
- What is the highest potential labour force (current ilo definition - icls19) recorded in Vietnam?
- The highest recorded value was 477.73 in 2021.
- What is the lowest potential labour force (current ilo definition - icls19) recorded in Vietnam?
- The lowest recorded value was 130.62 in 2020.
- How does Vietnam rank for potential labour force (current ilo definition - icls19)?
- Vietnam ranks 24th out of 61 countries with data for 2024.
- Where does this Vietnam data come from?
- The figures come from International Labour Organization, published as part of Potential labour force (current ILO definition - ICLS19) (15+). 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. This series includes only countries for which the 19th ICLS definitions are applied. The potential labour force refers to persons not in employment who express an interest in this form of work but for whom existing conditions limit their active job search and/or their availability. This group is used to calculate alternative measures of labour underutilization. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.