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.

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 Real GDP Growth

• The Gross Domestic Product (GDP) in Vietnam expanded 13.1 % YoY in Dec 2024, following a growth of 3.8 % in the previous quarter.
• Real GDP Growth YoY data in Vietnam is updated quarterly, available from Jun 2010 to Dec 2024, with an average rate of 3.4 %.
• The data reached an all-time high of 20.1 % in Dec 2021 and a record low of -14.9 % in Mar 2024.

• In the latest reports, Nominal GDP of Vietnam reached 362.6 USD bn in Dec 2021.
• Its GDP deflator (implicit price deflator) increased 3.9 % in Sep 2022.
• GDP Per Capita in Vietnam reached 3,716.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 36.7 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 32.0 % in Dec 2023.
• Public Consumption accounted for 9.0 % in Dec 2022.
• Private Consumption accounted for 54.4 % in Dec 2023.

In 2023, Vietnam's manufacturing sector accounted for ***** percent of the country's total GDP, reaching a value of over *** quadrillion Vietnamese dong (VND). In that year, Vietnam's GDP totaled approximately **** quadrillion VND. Manufacturing sector in Vietnam The production index of the manufacturing sector has steadily increased in the last years together with the share of employed people. In recent years, this sector has been among the sectors with the highest number of employed people in Vietnam. The country also recorded a growing number of newly established businesses for manufacturing. In 2022, the sector benefitted from investments at just over *** trillion Vietnamese dong. Overall, the industry sector contributes the largest share to the country’s GDP. Vietnam’s economic development Vietnam is a developing country in Southeast Asia. Since its economic reform in 1986, it has become one of the fastest growing economies by more than doubling its GDP from 2010 to 2018. The GDP per capita increased by *** times while poverty rates declined. With high foreign investment inflows and productivity growth, the country belongs to the so-called Tiger cubs.

This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The statistic shows gross domestic product (GDP) per capita in the ASEAN countries from 2020 to 2023, with projections up until 2030. In 2025, GDP per capita in Singapore was projected to be almost ****** U.S. dollars: more than 10 times the total of most other ASEAN countries, and almost 80 times larger than that of Myanmar.

In 2023, the estimated total GDP of all ASEAN states amounted to approximately 3.8 trillion U.S. dollars, a significant increase from the previous years. In fact, the GDP of the ASEAN region has been skyrocketing for a few years now, reflecting the region’s thriving economy. Power in the EastThe Association of Southeast Asian Nations (ASEAN) comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It was established in 1967 among five of these countries (Indonesia, Malaysia, Thailand, Singapore, and the Philippines) to facilitate trade and economic growth, as well as promote cultural development and social structures in the region. To date, they have been joined by another five nations. The ASEAN marketThe founding of the ASEAN organization provides the collaborating nations with more autonomy and influence on the global economy than they would have had by themselves. Additionally, struggling participating countries, such as Laos, are given an opportunity to grow on an ASEAN single market.

Key information about Vietnam Gross National Product (GNP)

• Vietnam Gross National Product (GNP) was reported at 411.277 USD bn in Dec 2023.
• This records an increase from the previous number of 393.715 USD bn for Dec 2022.
• Vietnam Gross National Product (GNP) data is updated yearly, averaging 253.675 USD bn from Dec 2010 to 2023, with 14 observations.
• The data reached an all-time high of 411.277 USD bn in 2023 and a record low of 142.641 USD bn in 2010.

• Vietnam Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts annual Gross National Product into USD. General Statistics Office provides Gross National Product in local currency. The State Bank of Vietnam average market exchange rate is used for currency conversions.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The statistic shows the national debt of countries in the ASEAN region of Asia in relation to gross domestic product (GDP) from 2020 to 2030. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In 2021, the national debt of Myanmar amounted to ***** percent of the country's gross domestic product.