Vietnam: Working-Age Population, by year
YearWorking age population,
in millions
  • Region: Vietnam
  • Time period: 2012 to 2022
  • Published: Mar 2024

Data Analysis and Insights

Updated: Mar 28, 2024 | Published by: Statistico

Annual Growth in Working Age Population

Vietnam's working-age population has been on a consistent upward trend, increasing from 68.19 million in 2012 to 75.92 million in 2022. This period marked a total increase of 7.73 million individuals, showcasing the country's gradual demographic expansion.

Steady Year-over-Year Increases

The annual growth rate of Vietnam's working-age population has remained relatively stable, with yearly increases ranging from approximately 0.65 million to 0.87 million individuals. This consistent growth highlights the predictable nature of demographic changes within the country.

Largest Annual Jump Between 2015 and 2016

The data reveals that the most significant year-over-year increase occurred between 2015 and 2016, where the working-age population rose by 1.2 million. This spike stands out against the more uniform increases observed in other years, indicating a notable demographic event or statistical adjustment during this period.

Sustained Growth Over the Decade

Over the decade covered by the data, Vietnam witnessed a sustained increase in its working-age population, with an average annual growth rate of approximately 0.7%. This steady rise is indicative of Vietnam's demographic resilience and potential for sustained economic development.

Recent Trends Suggest Continued Growth

The most recent data from 2022 suggests that Vietnam's working-age population continues to grow, reaching 75.92 million. Given the consistent growth pattern over the past decade, it is likely that this demographic expansion has continued into 2024, further enlarging the labor force and contributing to the country's economic potential.

Frequently Asked Questions

What does the recent data suggest about Vietnam's working-age population trend?

Recent data suggests that Vietnam's working-age population continues to grow, potentially increasing beyond the 75.92 million recorded in 2022.

When did the largest year-over-year population increase occur in Vietnam over the past decade?

The largest year-over-year increase occurred between 2015 and 2016 with a jump of 1.2 million working-age individuals.

Terms and Definitions

The working-age population represents individuals who are within the standard age range considered suitable for work. Internationally, this age group is typically defined as 15-64 years, but the exact age range may vary by country, depending on national labor laws and economic conditions.

Demographics refers to the statistical study of populations, especially human beings. It covers various characteristics of a population such as age, sex, employment status, income level, education level etc., and is often used in policy-making, marketing, and social research.

Population distribution refers to the arrangement or spread of people living in a particular area. It can be examined in various ways such as urban versus rural spread or by age and gender.

The labor force participation rate is a measure of the proportion of a country's working-age population that is economically active. It includes those who are employed as well as those who are unemployed but seeking work.

Unemployment refers to the state of being without paid work, despite the willingness and ability to work. Unemployment rates are seen as key indicators of economic health and are typically expressed as percentages of the total labor force.
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