Key information about Vietnam Household Income per Capita

• Vietnam Annual Household Income per Capita reached 2,502.524 USD in Dec 2023, compared with the previous value of 2,409.689 USD in Dec 2022.
• Vietnam Annual Household Income per Capita data is updated yearly, available from Dec 1994 to Dec 2023, with an averaged value of 1,023.278 USD.
• The data reached an all-time high of 2,502.524 USD in Dec 2023 and a record low of 183.956 USD in Dec 1994.
• In the latest reports, Retail Sales of Vietnam grew 8.086 % YoY in Nov 2024.

CEIC converts Annual Household Income per Capita into USD. Annual Household Income per Capita is calculated from Monthly Average Household Income per Capita multiplied by 12. General Statistical Office provides Average Household Income per Capita in local currency. State Bank of Vietnam average market exchange rate is used for currency conversions.

In 2024, the average monthly income per capita in Vietnam reached approximately *** million Vietnamese dong, indicating a slight increase from the previous year. 2020 and 2021 were particularly difficult years for the country’s population when per capita income decreased due to the negative impacts of the COVID-19 epidemic. Income distribution in Vietnam As a rapidly developing country in Southeast Asia, Vietnam has made significant efforts to improve income distribution among its population. One of the key factors contributing to a more balanced income distribution is Vietnam’s robust economic growth. Although the COVID-19 pandemic posed challenges to the country’s economy, Vietnam has been enjoying gradual GDP growth over the past few years, which explains the increase in job opportunities and higher wages for many Vietnamese citizens. Over the years, the Vietnamese government has implemented various policies and strategies to reduce the poverty rate and narrow the income gap in the country. However, the difference in income between urban and rural areas is inevitable. According to a governmental report in 2022, earnings per capita improved steadily across the whole country regardless of area; nonetheless, the monthly average income in urban areas was 1.5 times higher than that of their rural counterparts. Among the five major cities, Ha Noi and Ho Chi Minh City recorded the highest income per capita due to their higher living expenses compared to other areas. Monthly household expenditures in Vietnam While Vietnam has made noticeable progress in reducing poverty and improving income distribution, challenges remain in shaping the overall living standard for the population. The cost of living varies across different regions, with urban areas generally having higher expenses compared to rural areas. The largest portions of household expenditures are mainly used for nutrition, followed by housing, transportation, and healthcare. Education and entertainment also contributed to the monthly expenses, especially after the COVID-19 pandemic recovery and many restrictions were lifted in the country.

As surveyed by Infocus Mekong in 2020, around ** percent of households in Vietnam had an income from ********** to ********** Vietnamese dong. Meanwhile, ***** percent of them stated to have an income of under ********* Vietnamese dong.

In 2023, on average, a citizen of Ha Noi earned around **** million Vietnamese dong per month. Compared to the income level in 2010, per capita monthly average income was more than three times higher in 2023 in the capital of Vietnam.

Vietnam AMI: RR: Hanoi: Self-Employed, Business Household data was reported at 5,914.000 VND th in Dec 2019. This records an increase from the previous number of 5,845.000 VND th for Sep 2019. Vietnam AMI: RR: Hanoi: Self-Employed, Business Household data is updated quarterly, averaging 3,883.950 VND th from Mar 2011 (Median) to Dec 2019, with 36 observations. The data reached an all-time high of 5,914.000 VND th in Dec 2019 and a record low of 2,358.700 VND th in Mar 2011. Vietnam AMI: RR: Hanoi: Self-Employed, Business Household data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G058: Average Monthly Income: Wage Workers: By Economic Sector: By Provinces: Quarterly (Discontinued).

In 2023, the monthly average income per capita for the income group five of male household heads was about ***** Vietnamese dong. In that year, the general average was **** million Vietnamese dong for male household heads in Vietnam.

Vietnam VN: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 13.400 % in 2022. This records a decrease from the previous number of 13.900 % for 2020. Vietnam VN: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 12.800 % from Dec 1992 (Median) to 2022, with 13 observations. The data reached an all-time high of 14.000 % in 2018 and a record low of 7.100 % in 1997. Vietnam VN: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

AMI: Female: Khanh Hoa data was reported at 6,216.000 VND th in 2023. This records an increase from the previous number of 5,754.000 VND th for 2022. AMI: Female: Khanh Hoa data is updated yearly, averaging 4,134.000 VND th from Dec 2011 (Median) to 2023, with 13 observations. The data reached an all-time high of 6,216.000 VND th in 2023 and a record low of 2,207.000 VND th in 2011. AMI: Female: Khanh Hoa data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

Vietnam AMI: Ho Chi Minh City data was reported at 9,270.000 VND th in 2023. This records an increase from the previous number of 9,188.000 VND th for 2022. Vietnam AMI: Ho Chi Minh City data is updated yearly, averaging 7,090.000 VND th from Dec 2011 (Median) to 2023, with 13 observations. The data reached an all-time high of 9,270.000 VND th in 2023 and a record low of 4,041.000 VND th in 2011. Vietnam AMI: Ho Chi Minh City data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

AMI: Female: Ha Tinh data was reported at 5,822.000 VND th in 2022. This records an increase from the previous number of 5,398.000 VND th for 2021. AMI: Female: Ha Tinh data is updated yearly, averaging 4,285.000 VND th from Dec 2011 (Median) to 2022, with 12 observations. The data reached an all-time high of 5,822.000 VND th in 2022 and a record low of 2,889.000 VND th in 2012. AMI: Female: Ha Tinh data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

In 2023, on average, a citizen of Ho Chi Minh City earned around **** million Vietnamese dong per month. The monthly average income per capita in Ho Chi Minh City had been increasing yearly before declining in 2020 due to the COVID-19 pandemic impacts on the economy. It was also the highest among all provinces in Vietnam in the past few years.

AMI: Female: Thua Thien Hue data was reported at 5,871.000 VND th in 2022. This records an increase from the previous number of 5,095.000 VND th for 2021. AMI: Female: Thua Thien Hue data is updated yearly, averaging 4,225.000 VND th from Dec 2011 (Median) to 2022, with 12 observations. The data reached an all-time high of 5,871.000 VND th in 2022 and a record low of 2,375.000 VND th in 2011. AMI: Female: Thua Thien Hue data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

AMI: Hoa Binh data was reported at 6,637.000 VND th in 2023. This records an increase from the previous number of 6,531.000 VND th for 2022. AMI: Hoa Binh data is updated yearly, averaging 4,772.000 VND th from Dec 2011 (Median) to 2023, with 13 observations. The data reached an all-time high of 6,637.000 VND th in 2023 and a record low of 2,716.000 VND th in 2011. AMI: Hoa Binh data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

In 2023, the monthly average income per capita for the income group five of female household heads was about **** million Vietnamese dong. In that year, the general average was over *** million Vietnamese dong for female household heads in Vietnam.

Vietnam AMI: Urban: Ho Chi Minh City data was reported at 9,455.000 VND th in 2022. This records an increase from the previous number of 7,969.000 VND th for 2021. Vietnam AMI: Urban: Ho Chi Minh City data is updated yearly, averaging 6,995.000 VND th from Dec 2011 (Median) to 2022, with 12 observations. The data reached an all-time high of 9,455.000 VND th in 2022 and a record low of 4,204.000 VND th in 2011. Vietnam AMI: Urban: Ho Chi Minh City data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

In 2023, citizens of Ho Chi Minh City and Ha Noi had the highest monthly average monthly income per capita among Vietnam's four major cities, amounting to more than *** million Vietnamese dong. People living in Da Nang had a slightly lower monthly income per capita that year, reaching an average of **** million Vietnamese dong. In that year, the monthly average income per capita of the whole country was at **** million Vietnamese dong.

In the first quarter of 2025, the average monthly salary for paid workers and employees was about *** million Vietnamese dong, indicating an increase from the previous quarter. The labor force reached about ** million people in that quarter.

AMI: Female: Quang Binh data was reported at 5,912.000 VND th in 2022. This records an increase from the previous number of 5,057.000 VND th for 2021. AMI: Female: Quang Binh data is updated yearly, averaging 4,255.000 VND th from Dec 2011 (Median) to 2022, with 12 observations. The data reached an all-time high of 5,912.000 VND th in 2022 and a record low of 2,645.000 VND th in 2011. AMI: Female: Quang Binh data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

AMI: Female: Southeast data was reported at 8,302.000 VND th in 2023. This records an increase from the previous number of 8,061.000 VND th for 2022. AMI: Female: Southeast data is updated yearly, averaging 6,069.000 VND th from Dec 2011 (Median) to 2023, with 13 observations. The data reached an all-time high of 8,302.000 VND th in 2023 and a record low of 3,327.000 VND th in 2011. AMI: Female: Southeast data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

In 2023, the majority of monthly average income per capita in Vietnam came from salary and wages, amounting to **** million Vietnamese dong. Meanwhile, non-agriculture, forestry, and fishery income was the second-largest source of income in that year.