[World Bank] Proportion of population covered by labour market in Vietnam
Vietnam: [World Bank] Proportion of population covered by labour market was 2.0% in 2020. ◆ Volatile
[World Bank] Proportion of population covered by labour market in Vietnam, 2006–2020
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2020, [world bank] proportion of population covered by labour market in Vietnam stood at 2.0%. That is the lowest value across all 6 years on record.
That represents a change of down 33.3% on the previous year and down 88.9% over ten years.
Over the whole period, [world bank] proportion of population covered by labour market in Vietnam peaked at 18.0% in 2010 and was at its lowest, 2.0%, in 2020.
Vietnam ranks 10th of 24 countries on this measure, in the middle of the range.
[World Bank] Proportion of population covered by labour market in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 6.0% | — |
| 2010 | 18.0% | +200.0% |
| 2012 | 14.0% | -22.2% |
| 2014 | 9.0% | -35.7% |
| 2018 | 3.0% | -66.7% |
| 2020 | 2.0% | -33.3% |
Vietnam compared with similar countries
- Vietnam's 2.0% is above the median for upper middle income countries, which is 2.0%, 1.0× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.0% | 6.0% | 6.0% | 1 |
| 2010s | 11.0% | 3.0% | 18.0% | 4 |
| 2020s | 2.0% | 2.0% | 2.0% | 1 |
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 [world bank] proportion of population covered by labour market in Vietnam?
- [world bank] proportion of population covered by labour market in Vietnam was 2.0% in 2020, according to United Nations Statistics Division, SDG Global Database.
- What is the highest [world bank] proportion of population covered by labour market recorded in Vietnam?
- The highest recorded value was 18.0% in 2010.
- What is the lowest [world bank] proportion of population covered by labour market recorded in Vietnam?
- The lowest recorded value was 2.0% in 2020.
- How does Vietnam rank for [world bank] proportion of population covered by labour market?
- Vietnam ranks 10th out of 24 countries with data for 2020.
- Is [world bank] proportion of population covered by labour market rising or falling in Vietnam?
- Over the last ten years it is down 88.9%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of [World Bank] Proportion of population covered by labour market programs (%). Statizoid updates them automatically from the source API.
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