Labor Force Participation Rate in Vietnam decreased to 76.60 percent in the second quarter of 2018 from 76.70 percent in the first quarter of 2018. Labor Force Participation Rate in Vietnam averaged 76.80 percent from 2016 until 2018, reaching an all time high of 77.50 percent in the first quarter of 2016 and a record low of 76.40 percent in the second quarter of 2017.

Labor Force Participation Rate in Vietnam is expected to be 76.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Vietnam to stand at 76.60 in 12 months time. In the long-term, the Vietnam Labor Force Participation Rate is projected to trend around 77.80 percent in 2020, according to our econometric models.

Vietnam Labor Force Participation Rate
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Vietnam Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.16 2.17 4.50 1.81 percent [+]
Employed Persons 54.36 54.32 54.58 23.50 Million [+]
Unemployed Persons 1.10 1.10 2.30 0.80 Million [+]
Minimum Wages 4180.00 3980.00 4180.00 1000.00 VND Thousand/Month [+]
Population 94.67 93.68 94.67 34.74 Million [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Wages 5622.00 5788.00 5788.00 1399.00 VND Thousand/Month [+]
Wages High Skilled 10825600.00 10960700.00 11876600.00 10160800.00 VND/Month [+]
Wages In Manufacturing 5524.00 5760.00 5760.00 2871.00 VND Thousand/Month [+]
Wages Low Skilled 5372100.00 5040600.00 6981300.00 5040600.00 VND/Month [+]
Youth Unemployment Rate 6.40 6.29 7.86 5.09 percent [+]
Labor Force Participation Rate 76.60 76.70 77.50 76.40 percent [+]
Living Wage Family 7763600.00 7633800.00 8250400.00 7633800.00 VND/Month [+]
Living Wage Individual 4752300.00 4693900.00 5258200.00 4693900.00 VND/Month [+]


Vietnam Labor Force Participation Rate

This page provides - Vietnam Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
76.60 76.70 77.50 76.40 2016 - 2018 percent Quarterly




Country Last Previous
United Kingdom 79.00 Jul/19
France 72.00 Jun/19
Netherlands 71.30 Sep/19
Indonesia 69.20 Dec/18
Switzerland 68.40 Jun/19
Russia 67.90 Jun/19
Singapore 67.70 Dec/18
Australia 66.10 Sep/19
Italy 65.80 Jul/19
Canada 65.70 Sep/19
South Korea 63.50 Sep/19
United States 63.20 Sep/19
Japan 62.30 Aug/19
Brazil 62.10 Aug/19
Germany 61.60 Jun/19
Mexico 60.40 Aug/19
South Africa 59.80 Jun/19
Spain 58.74 Jun/19
Saudi Arabia 57.90 Jun/19
Euro Area 57.30 Jun/19
Turkey 53.10 Jul/19
India 49.80 Dec/18
Argentina 47.70 Jun/19


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