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Viet Nam Services Employment

Employment in services  SL.SRV.EMPL.ZS

40.13% +0.32% (+0.8%)
Year 2025 Rank #30 Global Peak 40.13% (2025) Source World Bank

Viet Nam Services Employment (1991–2025)

Overview

Viet Nam's services employment stood at 40.13% in 2025, a rise of +0.32% from 2024. Based on recent trends, this figure is projected to reach 41.19% by 2026. Viet Nam ranked 30th globally.

Data & projection

Year Services Employment YoY change Rank
2028* trend 42.90% - -
2027* trend 42.05% - -
2026* trend 41.19% - -
2025 40.13% +0.32% #30
2024 39.81% +0.26% #31
2023 39.55% +3.69% #33
2022 35.86% −1.99% #27
2021 37.85% +1.53% #34
2020 36.32% +0.44% #29
2019 35.88% +0.30% #26
2018 35.57% +1.50% #25
2017 34.07% +0.69% #25
2016 33.37% +0.14% #25
2015 33.24% +1.02% #25
2014 32.22% +0.21% #24
2013 32.00% +0.56% #23
2012 31.44% +1.03% #23
2011 30.41% +0.80% #22
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.1% GDP growth 2.9% C/A balance 4.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Viet Nam's services employment?

Viet Nam's services employment was 40.13% in 2025. Ranked 30th globally. This represents a 0.8% increase from the previous year.

What was the highest services employment in Viet Nam?

Viet Nam's services employment peaked at 40.13% in 2025.

What was the lowest services employment in Viet Nam?

The lowest services employment in Viet Nam was 18.72% in 1991.

How does Viet Nam rank in services employment?

Viet Nam ranks 30th globally in services employment as of 2025.

What is the World Bank indicator code for services employment?

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Viet Nam in 2026?

Viet Nam's services employment is projected to reach 41.19% by 2026 based on trend extrapolation.

What is the services employment of Viet Nam in 2025?

The services employment of Viet Nam in 2025 was 40.13%. This ranks 30th in the world.

Cite this page

APA
Viet Nam Services Employment. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/viet-nam/services-employment
BibTeX
@misc{historysaid_viet-nam_services-employment, title = {Viet Nam Services Employment}, url = {https://historysaid.com/viet-nam/services-employment}, publisher = {HistorySaid}, year = {2026} }