Home Viet Nam Employment Unemployment Rate

Viet Nam Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

1.52% −0.68pp (-30.8%)
Year 2025 Rank #11 Global Peak 12.33% (1990) Source World Bank

Viet Nam Unemployment Rate (1990–2025)

Overview

Viet Nam's unemployment rate stood at 1.52% in 2025, a decline of +0.68pp from 2024. The IMF projects 2.25% by 2025. Viet Nam ranked 11th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 2.18% - -
2029* IMF 2.21% - -
2028* IMF 2.28% - -
2027* IMF 2.31% - -
2026* IMF 2.50% - -
2025* IMF 2.25% - -
2025 1.52% −0.68pp #11
2024 1.60% −0.70pp #14
2023 1.65% −0.68pp #15
2022 1.57% −1.63pp #12
2021 2.38% −0.10pp #20
2020 2.10% −0.07pp #13
2019 1.68% −0.51pp #12
2018 1.16% −1.08pp #9
2017 1.87% −0.43pp #15
2016 1.85% −0.48pp #14
2015 1.85% −0.25pp #15
2014 1.26% −0.92pp #9
2013 1.32% −0.64pp #9
2012 1.03% −1.19pp #8
2011 1.00% −1.88pp #9
Show all years (1990-2025)
* IMF World Economic Outlook projection

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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Viet Nam's unemployment rate?

Viet Nam's unemployment rate was 1.52% in 2025. Ranked 11th globally. This represents a 30.8% decrease from the previous year.

What was the highest unemployment rate in Viet Nam?

Viet Nam's unemployment rate peaked at 12.33% in 1990.

What was the lowest unemployment rate in Viet Nam?

The lowest unemployment rate in Viet Nam was 1.00% in 2011.

How does Viet Nam rank in unemployment rate?

Viet Nam ranks 11th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Viet Nam in 2025?

Viet Nam's unemployment rate is projected to reach 2.25% by 2025 based on IMF projection.

What is the unemployment rate of Viet Nam in 2025?

The unemployment rate of Viet Nam in 2025 was 1.52%. This ranks 11th in the world.

Cite this page

APA
Viet Nam Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/viet-nam/unemployment-rate
BibTeX
@misc{historysaid_viet-nam_unemployment-rate, title = {Viet Nam Unemployment Rate}, url = {https://historysaid.com/viet-nam/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }