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 459.47 billion U.S. dollars, and is expected to increase to 490.97 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 7.96 percent in the second 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.

Vietnam’s real gross domestic product (GDP) has been experiencing positive growth for the past five years since 2019, and is projected to continue to do so through 2030. In 2023, Vietnam’s real GDP increased by around five percent compared to the previous year. 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.

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's gross domestic product grew by 6.88 percent year-on-year in the third quarter of 2018, compared with a 7.46 percent growth in the same period of the previous year. This dataset provides the latest reported value for - Vietnam GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2022, GDP per capita in Vietnam amounted to around 4,132.93 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.

Key information about Vietnam Nominal GDP Growth

• Vietnam Nominal GDP Growth was reported at 11.546 % in Dec 2024.
• This records an increase from the previous number of 7.264 % for Dec 2023.
• Vietnam Nominal GDP Growth data is updated yearly, averaging 10.159 % from Dec 2011 to 2024, with 14 observations.
• The data reached an all-time high of 29.200 % in 2011 and a record low of 4.375 % in 2020.
• Vietnam Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Annual.

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Trade (% of GDP) in Vietnam was reported at 165 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

GDP from Services in Vietnam increased to 677030 VND Billion in the second quarter of 2024 from 627420 VND Billion in the first quarter of 2024. This dataset provides - Vietnam Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam GDP: Year to Date: Construction data was reported at 136,946.710 VND bn in Mar 2025. This records a decrease from the previous number of 693,131.236 VND bn for Dec 2024. Vietnam GDP: Year to Date: Construction data is updated quarterly, averaging 177,540.000 VND bn from Mar 2010 (Median) to Mar 2025, with 61 observations. The data reached an all-time high of 693,131.236 VND bn in Dec 2024 and a record low of 37,102.226 VND bn in Mar 2010. Vietnam GDP: Year to Date: Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A009: GDP: by Industry: VSIC 2007: Current Price: Quarterly: Year To Date: Re-evaluation.

Vietnam Real GDP: YoY: Quarterly: Re-evaluation data was reported at 6.927 % in Mar 2025. This records a decrease from the previous number of 7.550 % for Dec 2024. Vietnam Real GDP: YoY: Quarterly: Re-evaluation data is updated quarterly, averaging 6.380 % from Mar 2011 (Median) to Mar 2025, with 57 observations. The data reached an all-time high of 13.714 % in Sep 2022 and a record low of -6.030 % in Sep 2021. Vietnam Real GDP: YoY: Quarterly: Re-evaluation data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A003: GDP: by Expenditure: 2010 Price: Re-evaluation.

GDP from Manufacturing in Vietnam increased to 345726 VND Billion in the second quarter of 2024 from 316856 VND Billion in the first quarter of 2024. This dataset provides - Vietnam Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam GDP: 2010p: Year to Date: YoY: Services: Households Activities data was reported at 6.790 % in Mar 2025. This records an increase from the previous number of 6.230 % for Dec 2024. Vietnam GDP: 2010p: Year to Date: YoY: Services: Households Activities data is updated quarterly, averaging 4.560 % from Mar 2021 (Median) to Mar 2025, with 17 observations. The data reached an all-time high of 6.790 % in Mar 2025 and a record low of 2.530 % in Dec 2021. Vietnam GDP: 2010p: Year to Date: YoY: Services: Households Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A018: GDP: by Industry: VSIC 2007: 2010 Price: Quarterly: Year To Date: Year on Year Growth: Re-evaluation.

In 2024, the real gross domestic product (GDP) in Vietnam grew by approximately **** percent, marking the highest growth rate in Southeast Asia. In comparison, Myanmar's real GDP growth rate dropped by **** percent. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises ** countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.

The ratio of national debt to gross domestic product (GDP) of Vietnam was estimated at about 32.86 percent in 2024. Between 2000 and 2024, the ratio rose by approximately 8.10 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by around 4.19 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Vietnam Foreign Exchange Reserves: % of GDP

• Vietnam Foreign Exchange Reserves: % of GDP was reported at 3.000 % in Feb 2025
• This stayed constant from the previous number of 3.000 % for Jan 2025
• Vietnam Foreign Exchange Reserves: % of GDP data is updated monthly, averaging 3.000 % from Feb 2010 to Feb 2025, with 181 observations
• The data reached an all-time high of 4.000 % in Apr 2011 and a record low of 3.000 % in Feb 2025
• Vietnam Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Reserve Requirement Ratio: Monthly

GDP per capita (current US$) in Vietnam was reported at 4282 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Vietnam GDP: Year to Date: Forestry data was reported at 12,092.189 VND bn in Mar 2025. This records a decrease from the previous number of 58,814.087 VND bn for Dec 2024. Vietnam GDP: Year to Date: Forestry data is updated quarterly, averaging 18,750.017 VND bn from Mar 2010 (Median) to Mar 2025, with 61 observations. The data reached an all-time high of 58,814.087 VND bn in Dec 2024 and a record low of 3,294.796 VND bn in Mar 2010. Vietnam GDP: Year to Date: Forestry data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A009: GDP: by Industry: VSIC 2007: Current Price: Quarterly: Year To Date: Re-evaluation.