Unemployment Rate in Vietnam increased to 2.20 percent in the third quarter of 2018 from 2.19 percent in the second quarter of 2018. Unemployment Rate in Vietnam averaged 2.35 percent from 1998 until 2018, reaching an all time high of 4.50 percent in the fourth quarter of 1998 and a record low of 1.81 percent in the fourth quarter of 2012.
Unemployment Rate in Vietnam is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Vietnam to stand at 2.30 in 12 months time. In the long-term, the Vietnam Unemployment Rate is projected to trend around 2.40 percent in 2020, according to our econometric models.