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Economy, jobs and prices in Phu Yen, Vietnam: official figures

Gross regional domestic product (GRDP) per person in Phu Yen was 68.2 million dong in 2024 at current prices (preliminary), 19th lowest of 63 provinces and cities; the national figure was 113.6 million dong. In 2020 it was 50.5 million dong.

How fast did the economy of Phu Yen grow in 2024?

The economy of Phu Yen (GRDP at constant 2010 prices) grew by 6.10% in 2024 (preliminary), 14th lowest of 63 provinces and cities; national GDP grew by 7.04%.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is the average monthly income in Phu Yen?

Average monthly income per person in Phu Yen was 3,960 thousand dong in 2024 at current prices, 18th lowest of 63 provinces and cities; the national average was 5,415 thousand dong.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is the average monthly salary in Phu Yen?

Average monthly income per employed person in Phu Yen was 6,402 thousand dong in 2024 (preliminary), against 7,713 thousand dong nationally.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is the unemployment rate in Phu Yen?

The unemployment rate of the working-age labour force in Phu Yen was 2.46% in 2024 (preliminary), joint 22nd highest of 63 provinces and cities; the national rate was 2.24%.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What share of workers are in informal jobs in Phu Yen?

80.6% of workers in Phu Yen were in informal employment in 2024 (preliminary), compared with 64.5% nationally; in 2020 the figure was 86.5%.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is labour productivity in Phu Yen?

Each worker in Phu Yen produced 129.6 million dong of output in 2024 (labour productivity at current prices, preliminary), against 221.9 million dong nationally.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How many people are in the labour force in Phu Yen?

Phu Yen had 477,000 people aged 15 and over in the labour force in 2024 (preliminary).

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How many new businesses were registered in Phu Yen in 2024?

463 new enterprises were established in Phu Yen in 2024, against 502 in 2023 (national total 157,240 in 2024).

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How much foreign investment did Phu Yen attract in 2024?

Foreign direct investment licensed in Phu Yen in 2024 came to 1 projects with registered capital of 2.7 million US dollars (national total: 3,375 projects, 38,226.2 million US dollars).

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How large are retail sales in Phu Yen?

Retail sales of goods and services in Phu Yen were 49.43 trillion dong in 2024 (preliminary, current prices), 21st lowest of 63 provinces and cities.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What is the Human Development Index of Phu Yen?

The Human Development Index (health, education and income combined) of Phu Yen was 0.707 in 2024 (preliminary), 24th lowest of 63 provinces and cities; the national index was 0.752.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How many people use the internet in Phu Yen?

82.9% of people in Phu Yen used the internet in 2024, against 84.2% nationally.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

What share of workers in Phu Yen have a vocational or university qualification?

23.9% of the labour force aged 15 and over in Phu Yen had a vocational or higher qualification in 2024 (preliminary), against 28.4% nationally.

Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

How Phu Yen compares with other provinces

GRDP per person, 2024 (million dong, current prices) (2024)

Phu Yen ranks 45 of 63, highest first. Preliminary figures

RankRegionGRDP per person, 2024 (million dong, current prices)
42Ca Mau71.4 million dong
43Bac Lieu70.8 million dong
44Thai Binh68.9 million dong
45Phu Yen68.2 million dong
46Thua Thien Hue67.7 million dong
47Kon Tum67.7 million dong
48Gia Lai66.7 million dong
Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

Unemployment rate of the working-age labour force, 2024 (2024)

Phu Yen ranks 22 of 63, highest first. Preliminary figures

RankRegionUnemployment rate of the working-age labour force, 2024
19Tien Giang2.63%
20Khanh Hoa2.50%
21Ba Ria - Vung Tau2.48%
22Phu Yen2.46%
23Binh Phuoc2.46%
24Cao Bang2.41%
25Thua Thien Hue2.35%
Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

Average monthly income per person, 2024 (thousand dong) (2024)

Phu Yen ranks 46 of 63, highest first.

RankRegionAverage monthly income per person, 2024 (thousand dong)
43Ha Tinh4,151 thousand dong
44Quang Nam4,100 thousand dong
45Vinh Long4,085 thousand dong
46Phu Yen3,960 thousand dong
47Quang Tri3,903 thousand dong
48Dak Lak3,722 thousand dong
49Dak Nong3,702 thousand dong
Source: National Statistics Office of Viet Nam (Ministry of Finance) · saved copy

More on Phu Yen: overview · health · education and schools · poverty and living standards · government budget · Vietnam

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