SDG indicator 8.5.2: Unemployment rate (current ILO definition) in Vietnam
Vietnam: SDG indicator 8.5.2: Unemployment rate (current ILO definition) was 2.05 in 2024. ▼ Falling
SDG indicator 8.5.2: Unemployment rate (current ILO definition) in Vietnam, 2020–2024
Source: International Labour Organization.
Analysis
In 2024, sdg indicator 8.5.2: unemployment rate (current ilo definition) in Vietnam stood at 2.05. That is the lowest value across all 5 years on record.
The figure is down 1.3% on the previous year and down 16.6% over five years.
That places Vietnam 71st out of 74 countries with data for 2024, putting it in the bottom quarter.
SDG indicator 8.5.2: Unemployment rate (current ILO definition) in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2020 | 2.46 | — |
| 2021 | 2.95 | +19.6% |
| 2022 | 2.12 | -27.9% |
| 2023 | 2.08 | -2.1% |
| 2024 | 2.05 | -1.3% |
Vietnam compared with similar countries
- Vietnam's 2.05 is below the median for upper middle income countries, which is 7.07, 29% of the median. (12 countries reporting)
- Vietnam's 2.05 is below the median for East Asia & Pacific, which is 3.63, 57% of the median. (11 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 sdg indicator 8.5.2: unemployment rate (current ilo definition) in Vietnam?
- Sdg indicator 8.5.2: unemployment rate (current ilo definition) in Vietnam was 2.05 in 2024, according to International Labour Organization.
- What is the highest sdg indicator 8.5.2: unemployment rate (current ilo definition) recorded in Vietnam?
- The highest recorded value was 2.95 in 2021.
- What is the lowest sdg indicator 8.5.2: unemployment rate (current ilo definition) recorded in Vietnam?
- The lowest recorded value was 2.05 in 2024.
- How does Vietnam rank for sdg indicator 8.5.2: unemployment rate (current ilo definition)?
- Vietnam ranks 71st out of 74 countries with data for 2024.
- Where does this Vietnam data come from?
- The figures come from International Labour Organization, published as part of SDG indicator 8.5.2: Unemployment rate (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.