Labor Force Participation Rate in Vietnam increased to 76.60 percent in the fourth quarter of 2019 from 76.40 percent in the third quarter of 2019. source: General Statistics Office of Vietnam

Labor Force Participation Rate in Vietnam averaged 76.70 percent from 2016 until 2019, 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. This page provides - Vietnam Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Labor Force Participation Rate - values, historical data and charts - was last updated on December of 2021.

Labor Force Participation Rate in Vietnam is expected to be 76.00 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 77.00 in 12 months time. In the long-term, the Vietnam Labor Force Participation Rate is projected to trend around 77.80 percent in 2022, according to our econometric models.

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Vietnam Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 3.72 2.62 percent Sep/21
Employed Persons 53.37 53.15 Million Dec/20
Unemployed Persons 1.20 1.10 Million Dec/20
Population 97.58 96.48 Million Dec/20
Labor Force Participation Rate 68.50 68.70 percent Jun/21
Youth Unemployment Rate 7.47 7.44 percent Jun/21
Wages In Manufacturing 7139.00 6634.00 VND Thousand/Month Mar/21
Wages 7205.00 6649.00 VND Thousand/Month Mar/21