Youth Unemployment Rate in Vietnam decreased to 6.27 percent in the first quarter of 2019 from 7.06 percent in the fourth quarter of 2018. Youth Unemployment Rate in Vietnam averaged 6.79 percent from 2011 until 2019, reaching an all time high of 7.86 percent in the third quarter of 2016 and a record low of 5.09 percent in the second quarter of 2014.
Youth Unemployment Rate in Vietnam is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Vietnam to stand at 7.40 in 12 months time. In the long-term, the Vietnam Youth Unemployment Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.