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

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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 0.65 Jun 2023 quarterly Mar 2010 - Jun 2023
Algeria (%) -4.67 2022 yearly 1992 - 2022
Argentina (%) -4.51 2023 yearly 1992 - 2023
Armenia (%) 4.51 Dec 2023 quarterly Mar 2009 - Dec 2023
Australia (%) -1.63 Dec 2023 quarterly Jun 1979 - Dec 2023
Austria (%) -2.26 Jun 2023 quarterly Mar 2005 - Jun 2023
Azerbaijan (%) -0.20 Dec 2023 quarterly Mar 2009 - Dec 2023
Bahrain (%) -3.66 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 5.11 2022 yearly 1992 - 2022
Belarus (%) 5.19 Dec 2023 quarterly Mar 2006 - Dec 2023
Belgium (%) 0.10 Dec 2023 quarterly Mar 2000 - Dec 2023
Bolivia (%) -0.64 2022 yearly 2000 - 2022
Bosnia and Herzegovina (%) -1.22 2023 yearly 2007 - 2023
Botswana (%) 7.30 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 1.52 2023 yearly 1992 - 2023
Brunei (%) -0.76 2022 yearly 1992 - 2022
Bulgaria (%) 0.68 Dec 2023 quarterly Mar 2001 - Dec 2023
Cambodia (%) 1.17 2021 yearly 2008 - 2021
Canada (%) -1.21 Dec 2023 quarterly Mar 1977 - Dec 2023
Chile (%) -2.14 Dec 2023 quarterly Mar 1987 - Dec 2023
China (%) 4.22 2023 yearly 1953 - 2023
Colombia (%) -2.02 Dec 2023 quarterly Mar 2002 - Dec 2023
Croatia (%) 10.94 Dec 2023 quarterly Mar 2008 - Dec 2023
Cyprus (%) 0.57 Dec 2023 quarterly Jun 2005 - Dec 2023
Czech Republic (%) 2.26 Dec 2023 quarterly Mar 1997 - Dec 2023
Denmark (%) 2.54 Dec 2023 quarterly Mar 1991 - Dec 2023
Ecuador (%) 0.87 2022 yearly 1992 - 2022
Egypt (%) -0.48 Dec 2023 quarterly Mar 2004 - Dec 2023
Estonia (%) -4.78 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (%) -1.05 Sep 2023 quarterly Mar 2006 - Sep 2023
Finland (%) -1.24 Dec 2023 quarterly Mar 1991 - Dec 2023
France (%) -1.25 2022 yearly 1979 - 2022
Georgia (%) 5.23 2022 yearly 1997 - 2022
Germany (%) -0.88 Dec 2023 quarterly Mar 1992 - Dec 2023
Ghana (%) -0.40 2022 yearly 1992 - 2022
Greece (%) 0.13 Dec 2023 quarterly Mar 1996 - Dec 2023
Hong Kong SAR, China (%) 4.63 Dec 2023 quarterly Dec 1982 - Dec 2023
Hungary (%) -0.80 Dec 2023 quarterly Mar 1999 - Dec 2023
Iceland (%) -2.99 Dec 2023 quarterly Mar 2004 - Dec 2023
India (%) 2.38 2022 yearly 1992 - 2022
Indonesia (%) 1.63 2023 yearly 2001 - 2023
Iran (%) -2.03 2022 yearly 1992 - 2022
Ireland (%) -11.70 Dec 2023 quarterly Mar 1999 - Dec 2023
Israel (%) -6.61 Dec 2023 quarterly Mar 2013 - Dec 2023
Italy (%) -1.13 Dec 2023 quarterly Mar 1997 - Dec 2023
Ivory Coast (%) 3.02 2022 yearly 1992 - 2022
Japan (%) 0.65 Dec 2023 quarterly Mar 1995 - Dec 2023
Jordan (%) 1.17 2021 yearly 2001 - 2021
Kazakhstan (%) 2.00 Sep 2023 quarterly Mar 2002 - Sep 2023
Kenya (%) -2.44 2021 yearly 2011 - 2021
South Korea (%) 1.11 Dec 2023 quarterly Sep 1983 - Dec 2023
Kosovo (%) -0.46 Mar 2023 quarterly Mar 2017 - Mar 2023
Kuwait (%) 1.29 2018 yearly 1993 - 2018
Kyrgyzstan (%) 7.14 2022 yearly 1993 - 2022
Laos (%) -0.89 2022 yearly 1992 - 2022
Latvia (%) -1.41 Jun 2023 quarterly Mar 2003 - Jun 2023
Lebanon (%) -9.16 2021 yearly 1992 - 2021
Lithuania (%) -2.31 Dec 2023 quarterly Mar 1996 - Dec 2023
Luxembourg (%) -2.38 Dec 2023 quarterly Mar 1996 - Dec 2023
Macau SAR, China (%) 80.89 Dec 2023 quarterly Mar 2002 - Dec 2023
North Macedonia (%) 1.24 Dec 2023 quarterly Mar 2005 - Dec 2023
Malawi (%) -4.08 2022 yearly 1992 - 2022
Malaysia (%) 0.46 Dec 2023 quarterly Mar 2001 - Dec 2023
Malta (%) 0.89 Dec 2023 quarterly Dec 2001 - Dec 2023
Mauritius (%) 7.38 Dec 2023 quarterly Mar 2005 - Dec 2023
Mexico (%) 0.64 Dec 2023 quarterly Jun 1996 - Dec 2023
Moldova (%) -1.25 Dec 2023 quarterly Mar 2001 - Dec 2023
Mongolia (%) 3.77 Dec 2023 quarterly Sep 2007 - Dec 2023
Montenegro (%) -4.61 Dec 2023 quarterly Mar 2011 - Dec 2023
Morocco (%) 5.72 2021 yearly 2000 - 2021
Mozambique (%) -0.29 2022 yearly 1992 - 2022
Myanmar (%) 63.00 2021 yearly 1992 - 2021
Nepal (%) 0.58 2022 yearly 1992 - 2022
Netherlands (%) -1.32 Dec 2023 quarterly Mar 1996 - Dec 2023
New Zealand (%) -2.86 Dec 2023 quarterly Jun 1988 - Dec 2023
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) -0.17 Dec 2023 quarterly Mar 1996 - Dec 2023
Oman (%) -5.73 2022 yearly 1999 - 2022
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.78 Sep 2023 quarterly Dec 2009 - Sep 2023
Panama (%) 5.30 2022 yearly 1992 - 2022
Paraguay (%) 0.66 Dec 2023 quarterly Mar 2018 - Dec 2023
Peru (%) -1.00 2022 yearly 2002 - 2022
Philippines (%) -0.82 2022 yearly 1992 - 2022
Poland (%) 1.43 Dec 2023 quarterly Dec 1999 - Dec 2023
Portugal (%) 1.07 Dec 2023 quarterly Mar 1996 - Dec 2023
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 0.75 Dec 2023 quarterly Mar 1996 - Dec 2023
Russia (%) 3.11 Dec 2023 quarterly Mar 1996 - Dec 2023
Saudi Arabia (%) -3.93 2022 yearly 1971 - 2022
Serbia (%) 4.48 Dec 2023 quarterly Mar 2015 - Dec 2023
Singapore (%) -0.80 Dec 2023 quarterly Mar 1986 - Dec 2023
Slovakia (%) 0.67 Dec 2023 quarterly Mar 1996 - Dec 2023
Slovenia (%) 1.51 Dec 2023 quarterly Mar 1996 - Dec 2023
South Africa (%) -3.56 Dec 2023 quarterly Mar 2009 - Dec 2023
Spain (%) -1.58 Dec 2023 quarterly Mar 1996 - Dec 2023
Sri Lanka (%) 7.10 Dec 2023 quarterly Jun 2013 - Dec 2023
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) -1.16 Dec 2023 quarterly Mar 1994 - Dec 2023
Switzerland (%) -2.27 Dec 2023 quarterly Mar 2011 - Dec 2023

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Vietnam Key Series

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Includes 178 key indicators for Vietnam, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.4 2021 yearly 2010 - 2021
Tax Revenue (USD mn) 17,229.271 Mar 2024 quarterly Mar 2005 - Mar 2024
Tax Revenue: % of GDP (%) 11.6 2023 yearly 2010 - 2023
National Government Debt (USD mn) 137,176.1 2022 yearly 2010 - 2022
Government Debt: % of GDP (%) 34.2 2022 yearly 2010 - 2022
Forecast: Government Expenditure (VND bn) 3,571,723.530 2028 yearly 1998 - 2028
Forecast: Government Net Debt (VND bn) 4,962,723.370 2028 yearly 2000 - 2028
Forecast: Government Revenue (VND bn) 3,244,030.930 2028 yearly 1998 - 2028
State Govt Budget: ytd: Revenue (VND bn) 539,539.600 Mar 2024 quarterly Dec 2004 - Mar 2024
State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) 30,637.100 Mar 2024 quarterly Dec 2004 - Mar 2024
State Govt Budget: ytd: Expenditure excl Principal Payment (VND bn) 393,495.000 Mar 2024 quarterly Dec 2004 - Mar 2024
State Govt Budget: ytd: Expenditure: Current (VND bn) 303,620.000 Mar 2024 quarterly Dec 2004 - Mar 2024
State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) 125,801.300 Mar 2024 quarterly Dec 2004 - Mar 2024
GD: Outstanding: Domestic: VND (VND bn) 2,273,475.050 2022 yearly 2010 - 2022
GD: Outstanding: External: VND (VND bn) 974,993.410 2022 yearly 2002 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 9.484 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,778.2 Mar 2024 monthly Jan 1996 - Mar 2024
Total Exports (USD mn) 33,659.2 Mar 2024 monthly Jan 1997 - Mar 2024
Total Exports Growth (%) 13.0 Mar 2024 monthly Jan 1998 - Mar 2024
Aluminum: Exports (USD th) 1,316,002.666 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 181,327.032 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 57,511.959 2022 yearly 1995 - 2022
Total Imports (USD mn) 30,881.0 Mar 2024 monthly Jan 1997 - Mar 2024
Total Imports Growth (%) 9.0 Mar 2024 monthly Jan 1998 - Mar 2024
Imports: Medicament (USD th) 2,471,771.739 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,625,053.469 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 8,968.095 Mar 2024 monthly Jan 1990 - Mar 2024
Total Imports from USA (USD mn) 1,177.671 Mar 2024 monthly Jan 1990 - Mar 2024
Total Exports to China (USD mn) 5,152.609 Mar 2024 monthly Jan 2013 - Mar 2024
Total Imports from China (USD mn) 11,171.607 Mar 2024 monthly Jan 1991 - Mar 2024
Exports: Australia (USD) 293,830,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Canada (USD) 314,331,082.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: China (USD) 2,888,701,593.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Japan (USD) 1,467,599,017.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: United States (USD) 4,562,588,364.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: ytd: Footwear (USD mn) 4,791.816 Mar 2024 monthly Apr 1998 - Mar 2024
Exports: ytd: Aqua Products (USD mn) 1,945.818 Mar 2024 monthly Apr 1998 - Mar 2024
Exports: ytd: Crude Oil (USD mn) 635.542 Mar 2024 monthly Dec 1999 - Mar 2024
Exports: ytd: Rice (USD mn) 1,426.901 Mar 2024 monthly Dec 1999 - Mar 2024
Exports: ytd: Textiles and Garments (USD mn) 7,820.546 Mar 2024 monthly Apr 1998 - Mar 2024
Imports: Singapore (USD) 370,217,737.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Thailand (USD) 1,010,176,779.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Australia (USD) 388,919,219.000 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: China (USD) 6,536,188,277.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: ytd: Garments (USD mn) 3,156.267 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: ytd: Machinery and Spare Parts (USD mn) 10,344.805 Mar 2024 monthly Jan 1998 - Mar 2024
Imports: ytd: Computers, Electronic Product (USD mn) 24,042.310 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: ytd: Steel Products (USD mn) 2,928.166 Mar 2024 monthly Mar 2000 - Mar 2024
Imports: ytd: Petroleum (USD mn) 2,104.815 Mar 2024 monthly Mar 2000 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 50.0 Dec 2023 quarterly Dec 2005 - Dec 2023
Current Account Balance (USD mn) 6,375.0 Dec 2023 quarterly Mar 1996 - Dec 2023
Current Account Balance: % of GDP (%) 6.6 2023 yearly 2010 - 2023
Foreign Direct Investment (USD mn) 5,830.0 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Direct Investment: % of GDP (%) 4.3 2023 yearly 1985 - 2023
Foreign Portfolio Investment (USD mn) -650.000 Dec 2023 quarterly Dec 2005 - Dec 2023
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) 144,857.6 2022 yearly 2010 - 2022
External Debt: % of GDP (%) 36.1 2022 yearly 2010 - 2022
External Debt: Short Term (USD mn) 33,233.0 2021 yearly 1981 - 2021
External Debt: Short Term: % of GDP (%) 9.3 2022 yearly 1985 - 2022
Forecast: Current Account Balance (USD bn) 7.265 2028 yearly 1980 - 2028
Government Debt: % of GDP (%) 34.200 2022 yearly 2010 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Dec 2023 quarterly Dec 2011 - Dec 2023
Money Supply M1 (USD mn) 134,986.194 Sep 2023 monthly Dec 2000 - Sep 2023
Money Supply M2 (USD mn) 576,744.956 Sep 2023 monthly Dec 2000 - Sep 2023
M2 Growth (%) 9.3 Sep 2023 monthly Dec 2001 - Sep 2023
Reserve Requirement Ratio (%) 3.0 Mar 2024 monthly Feb 2010 - Mar 2024
Foreign Exchange Reserves (USD mn) 85,801.6 Feb 2023 monthly Jan 1995 - Feb 2023
Foreign Exchange Reserves: % of GDP (%) 3.000 Mar 2024 monthly Feb 2010 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 3.0 Nov 2023 monthly Mar 1997 - Nov 2023
Gold Reserves (USD mn) 666.030 Nov 2023 monthly Jan 1995 - Nov 2023
Domestic Credit (USD mn) 534,452.3 Sep 2023 monthly Dec 1992 - Sep 2023
Domestic Credit Growth (%) 9.9 Sep 2023 monthly Dec 1993 - Sep 2023
Total Loans (USD mn) 561,718.920 Jan 2024 monthly Apr 2012 - Jan 2024
Total Loans Growth (%) 12.90 Jan 2024 monthly Apr 2013 - Jan 2024
Private Debt: % of Nominal GDP (%) 128.68 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Reserves: Total Include Gold (USD mn) 90,082.297 Sep 2023 quarterly Mar 1995 - Sep 2023
Foreign Reserves: Foreign Exchange (USD mn) 87,629.420 Sep 2023 quarterly Mar 1995 - Sep 2023
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.543 2019 yearly 2017 - 2019

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