Labor Force Participation Rate in Vietnam increased to 67.70 percent in the fourth quarter of 2021 from 65.60 percent in the third quarter of 2021. source: General Statistics Office of Vietnam

Labor Force Participation Rate in Vietnam averaged 74.12 percent from 2016 until 2021, reaching an all time high of 77.50 percent in the first quarter of 2016 and a record low of 65.60 percent in the third quarter of 2021. 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 May of 2022.

Labor Force Participation Rate in Vietnam is expected to be 77.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Labor Force Participation Rate is projected to trend around 77.80 percent in 2023, according to our econometric models.

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Vietnam Labor Force Participation Rate



Related Last Previous Unit Reference
Unemployment Rate 2.46 3.56 percent Mar 2022
Employed Persons 53.37 53.15 Million Dec 2020
Unemployed Persons 1.20 1.10 Million Dec 2020
Population 97.58 96.48 Million Dec 2020
Wages 6400.00 5400.00 VND Thousand/Month Mar 2022
Labor Force Participation Rate 67.70 65.60 percent Dec 2021
Youth Unemployment Rate 8.78 8.89 percent Dec 2021
Wages In Manufacturing 7139.00 6634.00 VND Thousand/Month Mar 2021