Productivity vs annual hours worked in Vietnam
Vietnam: Productivity vs annual hours worked was 2,160 in 2023. ▼ Falling
Latest (2023)
2,160
Change on year
up 1.0%
World rank
37th
of 129 countries
All-time high
2,470
in 2000
All-time low
2,037
in 2021
Years of data
41
1983–2023
Productivity vs annual hours worked in Vietnam, 1983–2023
Source: Our World in Data.
Analysis
The most recent figure for productivity vs annual hours worked in Vietnam is 2,160, measured in 2023.
That represents a change of up 1.0% on the previous year and up 1.5% over ten years.
Over the whole period, productivity vs annual hours worked in Vietnam peaked at 2,470 in 2000 and was at its lowest, 2,037, in 2021.
Vietnam ranks 37th of 129 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Productivity vs annual hours worked in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 1983 | 2,407 | — |
| 1984 | 2,407 | +0.0% |
| 1985 | 2,405 | -0.1% |
| 1986 | 2,407 | +0.1% |
| 1987 | 2,407 | +0.0% |
| 1988 | 2,407 | +0.0% |
| 1989 | 2,406 | -0.0% |
| 1990 | 2,402 | -0.2% |
| 1991 | 2,399 | -0.1% |
| 1992 | 2,394 | -0.2% |
| 1993 | 2,388 | -0.3% |
| 1994 | 2,389 | +0.0% |
| 1995 | 2,384 | -0.2% |
| 1996 | 2,384 | +0.0% |
| 1997 | 2,392 | +0.3% |
| 1998 | 2,438 | +1.9% |
| 1999 | 2,438 | -0.0% |
| 2000 | 2,470 | +1.3% |
| 2001 | 2,319 | -6.1% |
| 2002 | 2,302 | -0.7% |
| 2003 | 2,327 | +1.1% |
| 2004 | 2,277 | -2.1% |
| 2005 | 2,261 | -0.7% |
| 2006 | 2,282 | +0.9% |
| 2007 | 2,288 | +0.3% |
| 2008 | 2,251 | -1.6% |
| 2009 | 2,215 | -1.6% |
| 2010 | 2,220 | +0.2% |
| 2011 | 2,221 | +0.1% |
| 2012 | 2,172 | -2.2% |
| 2013 | 2,129 | -2.0% |
| 2014 | 2,098 | -1.4% |
| 2015 | 2,107 | +0.4% |
| 2016 | 2,133 | +1.2% |
| 2017 | 2,066 | -3.1% |
| 2018 | 2,144 | +3.7% |
| 2019 | 2,068 | -3.6% |
| 2020 | 2,092 | +1.2% |
| 2021 | 2,037 | -2.6% |
| 2022 | 2,140 | +5.0% |
| 2023 | 2,160 | +1.0% |
Vietnam compared with similar countries
- Vietnam's 2,160 is above the median for upper middle income countries, which is 2,063, 1.0× the median. (38 countries reporting)
- Vietnam's 2,160 is below the median for East Asia & Pacific, which is 2,169, 100% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2,407 | 2,405 | 2,407 | 7 |
| 1990s | 2,401 | 2,384 | 2,438 | 10 |
| 2000s | 2,299 | 2,215 | 2,470 | 10 |
| 2010s | 2,136 | 2,066 | 2,221 | 10 |
| 2020s | 2,107 | 2,037 | 2,160 | 4 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- Real gdp growth, annual growth rate 15.35 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.31 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0251 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0028 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 15.54 units per person (2025)
Frequently asked questions
- What is productivity vs annual hours worked in Vietnam?
- Productivity vs annual hours worked in Vietnam was 2,160 in 2023, according to Our World in Data.
- What is the highest productivity vs annual hours worked recorded in Vietnam?
- The highest recorded value was 2,470 in 2000.
- What is the lowest productivity vs annual hours worked recorded in Vietnam?
- The lowest recorded value was 2,037 in 2021.
- How does Vietnam rank for productivity vs annual hours worked?
- Vietnam ranks 37th out of 129 countries with data for 2023.
- Is productivity vs annual hours worked rising or falling in Vietnam?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from Our World in Data, published as part of Productivity vs annual hours worked. Statizoid updates them automatically from the source API.
Download this data
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