Vietnam Labour Productivity Growth

2019 - 2021 | Yearly | % | CEIC Data

Key information about Vietnam Labour Productivity Growth

  • Vietnam Labour Productivity improved by 15.12 % YoY in Dec 2021, compared with a growth of 6.45 % in the previous year
  • Vietnam Labour Productivity Growth data is updated yearly, available from Dec 2019 to Dec 2021, averaging at 9.22 %
  • The data reached an all-time high of 15.12 % in Dec 2021 and a record low of 6.45 % in Dec 2020

CEIC calculates Labour Productivity Growth from annual Labour Productivity. General Statistics Office provides Labour Productivity. Nominal GDP is used for Labour Productivity calculation by source

View Vietnam's Labour Productivity Growth from 2019 to 2021 in the chart:

Vietnam Labour Productivity Growth

What was Vietnam's Labour Productivity Growth in 2021?

Vietnam Labour Productivity improved by 15.12 % YoY in Dec 2021, compared with a growth of 6.45 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
15.12 2021 6.45 2020 6.45 2020 15.12 2021 % yearly 2019 - 2021

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 1.59 Jun 2023 quarterly Mar 2010 - Jun 2023
Algeria (%) 2.13 2023 yearly 1992 - 2023
Argentina (%) -4.29 2023 yearly 1992 - 2023
Armenia (%) 6.91 Sep 2024 quarterly Mar 2009 - Sep 2024
Australia (%) -1.36 Dec 2024 quarterly Jun 1979 - Dec 2024
Austria (%) -0.33 Dec 2024 quarterly Mar 2005 - Dec 2024
Azerbaijan (%) 3.56 Sep 2024 quarterly Mar 2009 - Sep 2024
Bahrain (%) -3.79 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 3.97 2023 yearly 1992 - 2023
Belarus (%) 3.86 Sep 2024 quarterly Mar 2006 - Sep 2024
Belgium (%) 0.41 Dec 2024 quarterly Mar 2000 - Dec 2024
Bolivia (%) 0.41 2023 yearly 2000 - 2023
Bosnia and Herzegovina (%) -0.91 2023 yearly 2007 - 2023
Botswana (%) 7.48 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 0.53 2024 yearly 1992 - 2024
Brunei (%) -1.76 2023 yearly 1992 - 2023
Bulgaria (%) 3.15 Dec 2024 quarterly Mar 2001 - Dec 2024
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) 0.47 Dec 2024 quarterly Mar 1977 - Dec 2024
Chile (%) -0.25 Sep 2024 quarterly Mar 1987 - Sep 2024
China (%) 5.84 2024 yearly 1953 - 2024
Colombia (%) 0.16 Dec 2024 quarterly Mar 2002 - Dec 2024
Croatia (%) -1.53 Sep 2024 quarterly Mar 2008 - Sep 2024
Cyprus (%) 0.27 Dec 2024 quarterly Jun 2005 - Dec 2024
Czech Republic (%) -0.23 Sep 2024 quarterly Mar 1997 - Sep 2024
Denmark (%) 2.65 Dec 2024 quarterly Mar 1991 - Dec 2024
Ecuador (%) 1.76 2023 yearly 1992 - 2023
Egypt (%) 2.27 Sep 2024 quarterly Mar 2004 - Sep 2024
Estonia (%) 0.98 Dec 2024 quarterly Mar 1996 - Dec 2024
European Union (%) 0.67 Dec 2024 quarterly Mar 2006 - Dec 2024
Finland (%) 1.75 Dec 2024 quarterly Mar 1991 - Dec 2024
France (%) -0.13 2023 yearly 1979 - 2023
Georgia (%) 3.72 2023 yearly 1997 - 2023
Germany (%) -0.38 Dec 2024 quarterly Mar 1992 - Dec 2024
Ghana (%) 0.45 2023 yearly 1992 - 2023
Greece (%) 1.34 Dec 2024 quarterly Mar 1996 - Dec 2024
Hong Kong SAR, China (%) 2.27 Dec 2024 quarterly Dec 1982 - Dec 2024
Hungary (%) 0.89 Dec 2024 quarterly Mar 1999 - Dec 2024
Iceland (%) 0.23 Dec 2024 quarterly Mar 2004 - Dec 2024
India (%) 2.80 2022 yearly 1992 - 2022
Indonesia (%) 1.55 2024 yearly 2001 - 2024
Iran (%) 3.69 2023 yearly 1992 - 2023
Ireland (%) 6.43 Dec 2024 quarterly Mar 1999 - Dec 2024
Israel (%) -2.29 Sep 2024 quarterly Mar 2013 - Sep 2024
Italy (%) 0.01 Dec 2024 quarterly Mar 1997 - Dec 2024
Ivory Coast (%) 3.26 2023 yearly 1992 - 2023
Japan (%) 0.59 Dec 2024 quarterly Mar 1995 - Dec 2024
Jordan (%) 1.17 2021 yearly 2001 - 2021
Kazakhstan (%) 3.91 Dec 2023 quarterly Mar 2002 - Dec 2023
Kenya (%) 0.50 2023 yearly 2011 - 2023
South Korea (%) 1.01 Dec 2024 quarterly Sep 1983 - Dec 2024
Kosovo (%) -6.22 Dec 2023 quarterly Mar 2017 - Dec 2023
Kuwait (%) 1.60 2018 yearly 1992 - 2018
Kyrgyzstan (%) 5.93 2023 yearly 1993 - 2023
Laos (%) 1.80 2023 yearly 1992 - 2023
Latvia (%) 0.85 Dec 2024 quarterly Mar 2003 - Dec 2024
Lebanon (%) 2.12 2023 yearly 1992 - 2023
Lithuania (%) 2.12 Dec 2024 quarterly Mar 1996 - Dec 2024
Luxembourg (%) 0.02 Sep 2024 quarterly Mar 1996 - Sep 2024
Macau SAR, China (%) 1.46 Dec 2024 quarterly Mar 2002 - Dec 2024
North Macedonia (%) 2.13 Sep 2024 quarterly Mar 2005 - Sep 2024
Malawi (%) -1.72 2023 yearly 1992 - 2023
Malaysia (%) 2.41 Sep 2024 quarterly Mar 2001 - Sep 2024
Malta (%) -0.01 Sep 2024 quarterly Dec 2001 - Sep 2024
Mauritius (%) 5.39 Sep 2024 quarterly Mar 2005 - Sep 2024
Mexico (%) 0.33 Dec 2024 quarterly Jun 1996 - Dec 2024
Moldova (%) 1.56 Sep 2024 quarterly Mar 2001 - Sep 2024
Mongolia (%) 2.25 Dec 2024 quarterly Sep 2007 - Dec 2024
Montenegro (%) 4.92 Sep 2024 quarterly Mar 2011 - Sep 2024
Morocco (%) 4.95 2023 yearly 2000 - 2023
Mozambique (%) 2.10 2023 yearly 1992 - 2023
Myanmar (%) -43.15 2022 yearly 1992 - 2022
Nepal (%) 1.46 2023 yearly 1992 - 2023
Netherlands (%) 1.13 Dec 2024 quarterly Mar 1996 - Dec 2024
New Zealand (%) -0.50 Sep 2024 quarterly Jun 1988 - Sep 2024
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) -0.90 Dec 2024 quarterly Mar 1996 - Dec 2024
Oman (%) -4.24 2023 yearly 1999 - 2023
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 2.87 Sep 2023 quarterly Dec 2009 - Sep 2023
Panama (%) 5.57 2023 yearly 1992 - 2023
Paraguay (%) 3.22 Sep 2024 quarterly Mar 2018 - Sep 2024
Peru (%) -0.87 2022 yearly 2002 - 2022
Philippines (%) 3.32 2023 yearly 1992 - 2023
Poland (%) 4.15 Dec 2024 quarterly Dec 1999 - Dec 2024
Portugal (%) 1.00 Dec 2024 quarterly Mar 1996 - Dec 2024
Qatar (%) -0.77 2023 yearly 2012 - 2023
Romania (%) 0.11 Sep 2024 quarterly Mar 1996 - Sep 2024
Russia (%) 3.11 Dec 2023 quarterly Mar 1996 - Dec 2023
Saudi Arabia (%) -3.93 2022 yearly 1971 - 2022
Serbia (%) 1.87 Sep 2024 quarterly Mar 2015 - Sep 2024
Singapore (%) 3.50 Dec 2024 quarterly Mar 1986 - Dec 2024
Slovakia (%) 1.57 Dec 2024 quarterly Mar 1996 - Dec 2024
Slovenia (%) 1.88 Dec 2024 quarterly Mar 1996 - Dec 2024
South Africa (%) -0.89 Sep 2024 quarterly Mar 2009 - Sep 2024
Spain (%) 1.00 Dec 2024 quarterly Mar 1996 - Dec 2024
Sri Lanka (%) 5.03 Jun 2024 quarterly Jun 2013 - Jun 2024
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 2.56 Dec 2024 quarterly Mar 1994 - Dec 2024
Switzerland (%) 0.89 Dec 2024 quarterly Mar 2011 - Dec 2024

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Vietnam Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 2022 yearly 2010 - 2022
Tax Revenue (USD mn) 11,082.351 Dec 2024 quarterly Mar 2005 - Dec 2024
Tax Revenue: % of GDP (%) 11.4 2024 yearly 2010 - 2024
National Government Debt (USD mn) 142,876.9 2023 yearly 2010 - 2023
Government Debt: % of GDP (%) 33.5 2023 yearly 2010 - 2023
Forecast: Government Expenditure (VND bn) 3,619,434.484 2029 yearly 1998 - 2029
Forecast: Government Net Debt (VND bn) 5,339,190.350 2029 yearly 2000 - 2029
Forecast: Government Revenue (VND bn) 3,307,362.390 2029 yearly 1998 - 2029
State Govt Budget: ytd: Expenditure: Current (VND bn) 858,415.000 Sep 2024 quarterly Dec 2004 - Sep 2024
GD: Outstanding: Domestic: VND (VND bn) 2,467,627.300 2023 yearly 2010 - 2023
GD: Outstanding: External: VND (VND bn) 960,418.980 2023 yearly 2002 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 9.484 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,550.0 Feb 2025 monthly Jan 1996 - Feb 2025
Total Exports (USD mn) 31,109.3 Feb 2025 monthly Jan 1997 - Feb 2025
Total Exports Growth (%) 25.7 Feb 2025 monthly Jan 1998 - Feb 2025
Aluminum: Exports (USD th) 1,160,500.129 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 186,436.180 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 69,050.396 2023 yearly 1995 - 2023
Total Imports (USD mn) 32,659.3 Feb 2025 monthly Jan 1997 - Feb 2025
Total Imports Growth (%) 40.0 Feb 2025 monthly Jan 1998 - Feb 2025
Imports: Medicament (USD th) 2,479,427.304 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,183,381.705 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 9,067.677 Feb 2025 monthly Jan 1990 - Feb 2025
Total Imports from USA (USD mn) 1,436.275 Feb 2025 monthly Jan 1990 - Feb 2025
Total Exports to China (USD mn) 4,237.169 Feb 2025 monthly Jan 2013 - Feb 2025
Total Imports from China (USD mn) 11,287.246 Feb 2025 monthly Jan 1991 - Feb 2025
Exports: Japan (USD) 1,467,599,017.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: China (USD) 2,888,701,593.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Canada (USD) 314,331,082.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: United States (USD) 4,562,588,364.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Australia (USD) 293,830,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: ytd: Textiles and Garments (USD mn) 5,633.925 Feb 2025 monthly Apr 1998 - Feb 2025
Exports: ytd: Crude Oil (USD mn) 252.710 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: ytd: Rice (USD mn) 674.757 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: ytd: Footwear (USD mn) 3,470.877 Feb 2025 monthly Apr 1998 - Feb 2025
Exports: ytd: Aqua Products (USD mn) 1,428.893 Feb 2025 monthly Apr 1998 - Feb 2025
Imports: Thailand (USD) 1,010,176,779.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: China (USD) 6,536,188,277.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Singapore (USD) 370,217,737.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: United States of America (USD) 1,363,320,562.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Australia (USD) 388,919,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: ytd: Computers, Electronic Product (USD mn) 20,147.339 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: ytd: Petroleum (USD mn) 1,105.328 Feb 2025 monthly Mar 2000 - Feb 2025
Imports: ytd: Machinery and Spare Parts (USD mn) 7,786.741 Feb 2025 monthly Jan 1998 - Feb 2025
Imports: ytd: Garments (USD mn) 2,110.994 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: ytd: Steel Products (USD mn) 1,734.580 Feb 2025 monthly Mar 2000 - Feb 2025
Export Value Index (2015=100) 207.281 2021 yearly 1980 - 2021
Import Value Index (2015=100) 200.219 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 170.0 Sep 2024 quarterly Dec 2005 - Sep 2024
Current Account Balance (USD mn) 7,778.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Current Account Balance: % of GDP (%) 6.6 2023 yearly 2010 - 2023
Foreign Direct Investment (USD mn) 5,170.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Foreign Direct Investment: % of GDP (%) 4.3 2023 yearly 1985 - 2023
Foreign Portfolio Investment (USD mn) -836.000 Sep 2024 quarterly Dec 2005 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.3 Mar 2022 quarterly Mar 2021 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -98.0 Dec 2014 quarterly Mar 2005 - Dec 2014
Foreign Portfolio Investment: Debt Securities (USD mn) -83.000 Dec 2014 quarterly Mar 2005 - Dec 2014
External Debt (USD mn) 139,089.8 2023 yearly 2010 - 2023
External Debt: % of GDP (%) 32.7 2023 yearly 2010 - 2023
External Debt: Short Term (USD mn) 35,109.2 2023 yearly 1981 - 2023
External Debt: Short Term: % of GDP (%) 8.2 2023 yearly 1985 - 2023
Forecast: Current Account Balance (USD bn) 8.843 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 33.500 2023 yearly 2010 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.8 Mar 2024 quarterly Dec 2011 - Mar 2024
Money Supply M1 (USD mn) 140,458.600 Nov 2023 monthly Dec 2000 - Nov 2023
Money Supply M2 (USD mn) 591,051.206 Nov 2023 monthly Dec 2000 - Nov 2023
M2 Growth (%) 10.2 Nov 2023 monthly Dec 2001 - Nov 2023
Reserve Requirement Ratio (%) 3.0 Feb 2025 monthly Feb 2010 - Feb 2025
Foreign Exchange Reserves (USD mn) 85,801.6 Feb 2023 monthly Jan 1995 - Feb 2023
Foreign Exchange Reserves: % of GDP (%) 3.000 Feb 2025 monthly Feb 2010 - Feb 2025
Foreign Exchange Reserves: Months of Import (NA) 2.5 Oct 2024 monthly Mar 1997 - Oct 2024
Gold Reserves (USD mn) 907.530 Oct 2024 monthly Jan 1995 - Oct 2024
Domestic Credit (USD mn) 548,147.2 Nov 2023 monthly Dec 1992 - Nov 2023
Domestic Credit Growth (%) 11.5 Nov 2023 monthly Dec 1993 - Nov 2023
Total Loans (USD mn) 641,718.255 Dec 2024 monthly Apr 2012 - Dec 2024
Total Loans Growth (%) 15.09 Dec 2024 monthly Apr 2013 - Dec 2024
Private Debt: % of Nominal GDP (%) 128.68 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Reserves: Foreign Exchange (USD mn) 82,344.140 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Reserves: Total Include Gold (USD mn) 85,153.168 Sep 2024 quarterly Mar 1995 - Sep 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.543 2019 yearly 2017 - 2019

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