The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, Vietnam’s gross domestic product (GDP) amounted to around 459.5 billion U.S. dollars, and is expected to increase to 484.7 billion U.S. dollars by 2025. Gross domestic product denotes the aggregate value of all services and goods produced within a country in any given year, and it is an important indicator of a country’s economic power. Vietnam’s economy Vietnam’s economy has a strong agrarian base, with key agricultural exports of wet rice, coffee, and black pepper. However, in the past decade (2008 to 2018), agriculture's contribution to Vietnam's GDP has been decreasing while the country’s industry sector experienced rapid growth at the same time. As of 2018, Vietnam’s top exports include information technology hardware, such as broadcasting equipment and mobile devices. Vietnam’s regional comparison Vietnam is part of the Association of Southeast Asian Nations (ASEAN), which encompasses regional nations with the goal of fostering trade and economic growth. The region has been reporting increasing GDP, amounting to 2.9 trillion U.S. dollars in 2018. Vietnam is one of the ASEAN countries experiencing export trade growth, and has had consistent yearly growth in GDP, at a rate of around six percent.

The Gross Domestic Product (GDP) in Vietnam expanded 8.23 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Vietnam GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, Vietnam’s real gross domestic product (GDP) increased by around 7.1 percent compared to the previous year. Vietnam's GDP growth is expected to slightly decrease to 5.3 percent until 2030. Learning from real GDP Real gross domestic product (GDP) is a measure that reflects the value of all goods and services an economy produces within a given year. It is expressed in base-year prices, and is thus an inflation-adjusted way to compare a country’s economic output through the years. The GDP growth rate is a significant indicator of a country’s economic health, as it reacts to the economy’s expansions and contractions. Vietnam’s optimistic future As indicated by the positive growth rate of its real GDP, Vietnam’s economy is expanding due to growth in exports, domestic demand, and the manufacturing sector. As the economy expands, so does the total expenditure of Vietnamese consumers. The average monthly income per capita in Vietnam increased to almost 3.8 percent in 2018, and is spent on fast moving consumer goods from popular brands like Vinamilk and P/S.

Monthly and long-term Vietnam economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

Key information about Vietnam Real GDP Growth

• The Gross Domestic Product (GDP) in Vietnam expanded 3.0 % YoY in Sep 2025, following a growth of 9.5 % in the previous quarter.
• Real GDP Growth YoY data in Vietnam is updated quarterly, available from Jun 2010 to Sep 2025, with an average rate of 5.0 %.
• The data reached an all-time high of 20.1 % in Dec 2021 and a record low of -15.2 % in Mar 2025.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The National Statistics Office provides Real GDP in local currency, at 2010 prices.


Related information about Vietnam Real GDP Growth

• In the latest reports, Nominal GDP of Vietnam reached 476.3 USD bn in Dec 2024.
• Its GDP deflator (implicit price deflator) increased 3.4 % in Sep 2025.
• GDP Per Capita in Vietnam reached 4,700.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 37.2 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 30.6 % in Dec 2024.
• Public Consumption accounted for 8.9 % in Dec 2024.
• Private Consumption accounted for 53.9 % in Dec 2024.

GDP from Services in Vietnam decreased to 738714 VND Billion in the third quarter of 2025 from 746858 VND Billion in the second quarter of 2025. This dataset provides - Vietnam Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the gross domestic product (GDP) per capita at current prices in Vietnam amounted to around 4,536 U.S. dollars. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. Vietnam’s economy In the last decade, the Vietnamese economy has experienced consistent economic growth with a six to seven percent increase in GDP from year to year. The country’s economy is fueled by its exports of natural resources and agricultural products, though since 2008 its information technology hardware exports have risen substantially. Vietnam’s agriculture and service sectors generate over 56 percent of Vietnam’s gross domestic product. Vietnam’s population The majority of Vietnam’s population works in the agriculture or service industries, and the country has one of the world’s lowest unemployment rates at just 1.8 percent in 2018. The population is relatively young, with the median age expected to reach 32.5 years by 2020. The median age has increased significantly from its low point of 18.2 years in 1970, around the time Vietnam was being devastated by war. Since then, the country’s population has increased as well, reaching over 94 million people in 2018.

Quarterly dataset of the Vietnam GDP Growth Rate (YoY), including historical data, latest releases, and long-term trends from 2000-06-30 to 2025-09-30. Available for free download in CSV format.

The Gross Domestic Product per capita in Vietnam was last recorded at 4017.75 US dollars in 2024. The GDP per Capita in Vietnam is equivalent to 32 percent of the world's average. This dataset provides - Vietnam GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam: Economic freedom, overall index (0-100): The latest value from 2025 is 65 index points, an increase from 63 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Vietnam from 1995 to 2025 is 51 index points. The minimum value, 39 index points, was reached in 1997 while the maximum of 65 index points was recorded in 2025.

Key information about Vietnam Investment: % of GDP

• Vietnam Investment accounted for 30.6 % of its Nominal GDP in Dec 2024, compared with a ratio of 31.6 % in the previous year.
• Vietnam investment share of Nominal GDP data is updated yearly, available from Dec 2010 to Dec 2024, with an average ratio of 32.3 %.
• The data reached an all-time high of 37.1 % in Dec 2010 and a record low of 30.2 % in Dec 2013.

CEIC calculates Investment as % of Nominal GDP from annual Nominal Gross Capital Formation and annual Nominal GDP. The National Statistics Office provides Nominal Gross Capital Formation and Nominal GDP in local currency.


Related information about Vietnam Investment: % of GDP

• In the latest reports, Vietnam GDP expanded 3.0 % YoY in Sep 2025.
• Vietnam Nominal GDP reached 476.3 USD bn in Dec 2024.
• Its GDP deflator (implicit price deflator) increased 3.4 % in Sep 2025.
• Vietnam GDP Per Capita reached 4,700.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 37.2 % in Dec 2024.

Key information about Vietnam Nominal GDP

• Vietnam Nominal GDP reached 476.3 USD bn in Dec 2024, compared with 433.7 USD bn in the previous year.
• Nominal GDP in Vietnam is updated yearly, available from Dec 2010 to Dec 2024, with an average number of 281.4 USD bn.
• The data reached an all-time high of 476.3 USD bn in Dec 2024 and a record low of 147.2 USD bn in Dec 2010.

CEIC converts annual Nominal GDP into USD. The National Statistics Office provides Nominal GDP in local currency. The State Bank of Vietnam average market exchange rate is used for currency conversions.


Related information about Vietnam Nominal GDP

• In the latest reports, Vietnam GDP expanded 3.0 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 3.4 % in Sep 2025.
• Vietnam GDP Per Capita reached 4,700.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 37.2 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 30.6 % in Dec 2024.
• Public Consumption accounted for 8.9 % in Dec 2024.
• Private Consumption accounted for 53.9 % in Dec 2024.

GDP from Public Administration in Vietnam decreased to 26797 VND Billion in the third quarter of 2025 from 30950 VND Billion in the second quarter of 2025. This dataset provides - Vietnam Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Transport in Vietnam decreased to 96915 VND Billion in the third quarter of 2025 from 112144 VND Billion in the second quarter of 2025. This dataset provides - Vietnam Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Vietnam Foreign Direct Investment: % of GDP

• Vietnam Foreign Direct Investment (FDI) registered a growth equal to 4.2 % of the country's Nominal GDP in Dec 2024, compared with a growth equal to 4.3 % in the previous year.
• Vietnam Foreign Direct Investment: % of Nominal GDP data is updated yearly, available from Dec 1985 to Dec 2024.
• The data reached an all-time high of 1,280.0 % in Dec 2012 and a record low 130.0 % in Dec 2004.

CEIC calculates annual Foreign Direct Investment as % of Nominal GDP from quarterly Foreign Direct Investment and annual Nominal GDP. The State Bank of Vietnam provides Foreign Direct Investment in USD. The National Statistics Office provides Nominal GDP in local currency. The State Bank of Vietnam average market exchange rate is used for currency conversions. Foreign Direct Investment as % of Nominal GDP prior to 2012 is sourced from the World Bank.


Related information about Vietnam Foreign Direct Investment: % of GDP

• In the latest reports of Vietnam, Current Account recorded a surplus of 8.7 USD bn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 5.4 USD bn in Jun 2025.
• Vietnam Direct Investment Abroad expanded by 140.0 USD mn in Jun 2025.
• Its Foreign Portfolio Investment fell by 714.0 USD mn in Jun 2025.
• The country's Nominal GDP was reported at 476.3 USD bn in Dec 2024.

Monthly dataset of the Vietnam Balance of Trade, including historical data, latest releases, and long-term trends from 1990-12-31 to 2025-10-31. Available for free download in CSV format.

Key information about Vietnam Public Consumption: % of GDP

• Vietnam Public Consumption accounted for 8.9 % of its Nominal GDP in Dec 2024, compared with a share of 8.8 % in the previous year.
• Vietnam Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 2010 to Dec 2024, with an average number of 10.1 %.
• The data reached an all-time high of 10.9 % in Dec 2013 and a record low of 8.8 % in Dec 2022.

CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. The National Statistics Office provides Government Consumption Expenditure and Nominal GDP in local currency.


Related information about Vietnam Public Consumption: % of GDP

• In the latest reports, Vietnam GDP expanded 3.0 % YoY in Sep 2025.
• Vietnam Nominal GDP reached 476.3 USD bn in Dec 2024.
• Its GDP deflator (implicit price deflator) increased 3.4 % in Sep 2025.
• Vietnam GDP Per Capita reached 4,700.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 37.2 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 30.6 % in Dec 2024.
• Private Consumption accounted for 53.9 % in Dec 2024.

Employment, million people in Vietnam, September, 2025 The most recent value is 52.26 million employed people as of Q3 2025, an increase compared to the previous value of 51.99 million employed people. Historically, the average for Vietnam from Q1 2011 to Q3 2025 is 52.38 million employed people. The minimum of 47.25 million employed people was recorded in Q3 2021, while the maximum of 54.9 million employed people was reached in Q4 2019. | TheGlobalEconomy.com

Manufacturing Production in Vietnam increased 11.40 percent in October of 2025 over the same month in the previous year. This dataset provides - Vietnam Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.