Vietnam Labor Force Participation Rate

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.

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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	[+]

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

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Country	Last		Previous	Range
United Kingdom	79.00	Jul/19	79.2	79.3 : 74.1	%
France	72.00	Jun/19	72.2	72.3 : 69.5	%
Netherlands	71.30	Sep/19	71.2	71.3 : 67.4	%
Indonesia	69.20	Dec/18	69.02	69.21 : 57.14	%
Switzerland	68.40	Jun/19	68.3	68.8 : 66.8	%
Russia	67.90	Jun/19	67.6	70.3 : 64.2	%
Singapore	67.70	Dec/18	67.7	68.3 : 55.3	%
Australia	66.10	Sep/19	66.2	66.2 : 60.1	%
Italy	65.80	Jul/19	65.7	65.9 : 61.6	%
Canada	65.70	Sep/19	65.8	67.7 : 61.4	%
South Korea	63.50	Sep/19	63.3	64.2 : 48.5	%
United States	63.20	Sep/19	63.2	67.3 : 58.1	%
Japan	62.30	Aug/19	62.1	74 : 58.5	%
Brazil	62.10	Aug/19	62.1	62.1 : 60.8	%
Germany	61.60	Jun/19	61.5	61.8 : 56.9	%
Mexico	60.40	Aug/19	60.5	61.47 : 58.18	%
South Africa	59.80	Jun/19	58.8	60.8 : 53.6	%
Spain	58.74	Jun/19	58.35	60.55 : 48.88	%
Saudi Arabia	57.90	Jun/19	56.4	57.9 : 47.8	%
Euro Area	57.30	Jun/19	57.1	57.4 : 55	%
Turkey	53.10	Jul/19	52.9	53.5 : 43.9	%
India	49.80	Dec/18	50.4	63.7 : 49.8	%
Argentina	47.70	Jun/19	47	47.7 : 44.5	%