Consumer Spending in Vietnam increased to 5579533 VND Billion in 2023 from 5231354 VND Billion in 2022. This dataset provides - Vietnam Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The household consumption expenditure per capita in Vietnam stood at 2,111.07 U.S. dollars in 2023. Between 1994 and 2023, the expenditure per capita rose by 1,555.25 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Key information about Vietnam Private Consumption Expenditure

• Vietnam Private Consumption Expenditure was reported at 256.612 USD bn in Dec 2024. This records an increase from the previous number of 235.575 USD bn for Dec 2023.
• Vietnam Private Consumption Expenditure data is updated yearly, averaging 163.183 USD bn from Dec 2010 to 2024, with 15 observations.
• The data reached an all-time high of 256.612 USD bn in 2024 and a record low of 86.021 USD bn in 2010.
• Vietnam Private Consumption Expenditure data remains in an 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: Private Consumption Expenditure: USD: Annual.

In a survey conducted by Infocus Mekong in Vietnam as of January 2024, ** percent of respondents expected to increase their education expenditure in 2024 in comparison to 2023. In contrast, they estimated to decrease spending on personal electronics, entertainment and dining out, as well as home appliances.

The per capita consumer spending in Vietnam was forecast to continuously increase between 2024 and 2029 by in total ******* U.S. dollars (+***** percent). After the fifteenth consecutive increasing year, the per capita consumer spending is estimated to reach ******** U.S. dollars and therefore a new peak in 2029. Notably, the per capita consumer spending of was continuously increasing over the past years.Consumer spending, shown here as per capita spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the per capita consumer spending in countries like Philippines and Cambodia.

Key information about Vietnam Private Consumption: % of GDP

• Vietnam Private Consumption accounted for 53.9 % of its Nominal GDP in Dec 2024, compared with a ratio of 54.3 % in the previous year.
• Vietnam Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 2010 to Dec 2024, with an average share of 58.0 %.
• The data reached an all-time high of 59.3 % in Dec 2015 and a record low of 53.9 % in Dec 2024.

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

In 2023, Vietnam's private consumption expenditure amounted to over ***** billion U.S. dollars. Together with positive GDP growth, the private consumption expenditure in Vietnam had been increasing steadily in the observed timeline.

Key information about Vietnam Public Consumption Expenditure

• Vietnam Public Consumption Expenditure was reported at 42.285 USD bn in Dec 2024.
• This records an increase from the previous number of 38.376 USD bn for Dec 2023.
• Vietnam Public Consumption Expenditure data is updated yearly, averaging 28.516 USD bn from Dec 2010 to 2024, with 15 observations.
• The data reached an all-time high of 42.285 USD bn in 2024 and a record low of 15.285 USD bn in 2010.
• Vietnam Public Consumption Expenditure 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: Government Consumption Expenditure: USD: Annual.

In 2024, e-commerce expenditure on consumer goods in Vietnam was the highest in the electronics category at around *** billion U.S. dollars, followed by fashion at over *** billion U.S. dollars, and food at *** billion U.S. dollars. Meanwhile, e-commerce spending growth was highest for food that year. Shift in e-commerce spending in Vietnam Prior to the COVID-19 pandemic, the largest e-commerce spending of Vietnamese internet users was on online travel, mobility, and accommodation services. Over the past few years, consumer goods have taken over as the e-commerce category with the highest expenditure. More and more people in Vietnam have grown comfortable with shopping for these products online, a shopping habit formed by the pandemic and its past restrictions on physical retail shops. Digital media was another e-commerce category with substantial growth in consumer spending in 2023, with expenditure on video games and video-on-demand services being the subcategories with the highest observed growth rate. E-commerce landscape in Vietnam Vietnam has one of the fastest-growing e-commerce markets in Southeast Asia. In the last couple of years, e-commerce has accounted for a growing share of the total retail sales across the country. While international players such as Shopee and Lazada are the leading online marketplaces in Vietnam, local retailers have been making their mark, especially when it comes to specialized retailing, such as consumer electronics and IT devices. Apart from e-commerce platforms, Vietnamese consumers have also been shopping via social commerce, which is expected to be an e-commerce channel of significant importance in the coming years.

Final consumption expenditure (current US$) in Vietnam was reported at 274023140407 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Final consumption expenditure - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

In 2023, the value of consumer spending on mobile apps in Vietnam amounted to ***** million U.S. dollars, indicating an increase from 2022. In the same year, Vietnamese consumers downloaded approximately *** billion mobile apps in total. Mobile apps usage in Vietnam Vietnam has one of the highest mobile internet and smartphone penetration rates worldwide, providing suitable conditions for a blooming mobile apps market. In 2020, over ** percent of Vietnamese internet users spent at least three hours using mobile apps per day, while the average number of apps used per person in a week reached ***** in 2021. Social media and messaging apps recorded the highest share of mobile application usage among internet users in 2020, with a usage rate of ** percent. On the other hand, games were the most downloaded app category for Android and iOS devices, which are the two main mobile operating systems for smartphones in Vietnam. Zalo Group Zalo Group was the leading Vietnamese app publisher based on total downloads on Google Play as of March 2024. Among its ten released apps, the messaging service Zalo was the most successful one, which has consistently been one of the most popular social media apps in Vietnam. In 2020, this mobile app had ** million monthly active users in the country, making it the social media app with the second-highest number of users after Facebook.

Vietnam VN: GDP: Government Consumption Expenditure data was reported at 265,545,000.000 VND mn in 2015. This records an increase from the previous number of 246,711,000.000 VND mn for 2014. Vietnam VN: GDP: Government Consumption Expenditure data is updated yearly, averaging 28,346,000.000 VND mn from Dec 1990 (Median) to 2015, with 17 observations. The data reached an all-time high of 265,545,000.000 VND mn in 2015 and a record low of 3,164,000.000 VND mn in 1990. Vietnam VN: GDP: Government Consumption Expenditure data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

After the outbreak of COVID-19, commonly referred to as coronavirus, there were winning and losing sectors in terms of consumer expenditure. While the communication sector lost 21 percent in consumer spending, online shopping and delivery services noticed an increase of 20 percent. According to the source, the digital industry may help with counteracting risks and uncertainty in the economy.

Vietnam VN: GDP: Growth: Final Consumption Expenditure: Household data was reported at 7.350 % in 2017. This records an increase from the previous number of 7.300 % for 2016. Vietnam VN: GDP: Growth: Final Consumption Expenditure: Household data is updated yearly, averaging 7.215 % from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 9.780 % in 2007 and a record low of 2.252 % in 2009. Vietnam VN: GDP: Growth: Final Consumption Expenditure: Household 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: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Vietnam VN: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 7.345 % in 2017. This records a decrease from the previous number of 7.540 % for 2016. Vietnam VN: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 7.260 % from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 12.283 % in 2010 and a record low of -5.704 % in 1999. Vietnam VN: GDP: Growth: Final Consumption Expenditure: General Government 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: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Vietnam VN: Proportion of Population Spending More Than 10% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % data was reported at 9.813 % in 2014. This records a decrease from the previous number of 11.531 % for 2012. Vietnam VN: Proportion of Population Spending More Than 10% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % data is updated yearly, averaging 14.201 % from Dec 1992 (Median) to 2014, with 9 observations. The data reached an all-time high of 20.224 % in 1992 and a record low of 9.813 % in 2014. Vietnam VN: Proportion of Population Spending More Than 10% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % 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: Poverty. Proportion of population spending more than 10% of household consumption or income on out-of-pocket health care expenditure, expressed as a percentage of a total population of a country; ; Wagstaff et al. Progress on catastrophic health spending: results for 133 countries. A retrospective observational study, Lancet Global Health 2017.; Weighted average;

Vietnam VN: GDP: % of GDP: Final Consumption Expenditure: General Government data was reported at 6.506 % in 2017. This records a decrease from the previous number of 6.510 % for 2016. Vietnam VN: GDP: % of GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 6.333 % from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 12.339 % in 1990 and a record low of 5.465 % in 2005. Vietnam VN: GDP: % of GDP: Final Consumption Expenditure: General Government 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: Gross Domestic Product: Share of GDP. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Discover the booming Vietnamese retail market! This in-depth analysis reveals a 12.05% CAGR, key drivers, trends, and leading players like Saigon Co op and VinGroup. Explore market segmentation by product type and distribution channel, including the explosive growth of e-commerce. Get the data you need to understand this dynamic market's future. Recent developments include: In October 2022, in order to connect all user interactions, whether they take place offline, online, in augmented reality, or even in the metaverse, the Central group launched the Next-Gen Omnichannel platform, which will encompass the Central Retail network in Thailand, Vietnam, and Italy., In February 2022, the fourth wave of the COVID-19 pandemic in HCM City caused several fluctuations in the supply chain of commodities, and modern retail businesses had to adapt by changing their distribution systems rather than continuing to play the traditional function of delivering items to customers on-site.. Notable trends are: Rapid Growth in Consumer Spending is a Driving Factor.

The per capita consumer spending on clothing and footwear in Vietnam was forecast to continuously increase between 2024 and 2029 by in total **** U.S. dollars (+***** percent). After the fifteenth consecutive increasing year, the fashion-related per capita spending is estimated to reach ****** U.S. dollars and therefore a new peak in 2029. Notably, the per capita consumer spending on clothing and footwear of was continuously increasing over the past years.Consumer spending, in this case per capita spending concerning clothing and footwear, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP).The shown data adheres broadly to group **. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the per capita consumer spending on clothing and footwear in countries like Singapore and Thailand.

Vietnam VN: GDP: Real: Final Consumption Expenditure: General Government data was reported at 210,410,000.000 VND mn in 2017. This records an increase from the previous number of 196,013,000.000 VND mn for 2016. Vietnam VN: GDP: Real: Final Consumption Expenditure: General Government data is updated yearly, averaging 87,830,500.000 VND mn from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 210,410,000.000 VND mn in 2017 and a record low of 48,465,699.897 VND mn in 1994. Vietnam VN: GDP: Real: Final Consumption Expenditure: General Government 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: Gross Domestic Product: Real. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;