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.

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.

CEIC converts annual Private Consumption Expenditure into USD. General Statistics Office provides Private Consumption Expenditure in local currency. The State Bank of Vietnam average market exchange rate is used for currency conversions.

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.

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


Related information about Vietnam Private Consumption: % of GDP

• 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.

Actual value and historical data chart for Vietnam Household Final Consumption Expenditure Us Dollar

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.

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

The expenditure on household goods in Vietnam gradually increased in the past five years. From *** trillion Vietnamese dong in 2018, this figure was estimated at *** trillion Vietnamese dong in 2022. The household goods consumption in the country was forecast to continue increasing until 2024.

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.

Vietnam: Household consumption, billion USD: The latest value from 2023 is 235.64 billion U.S. dollars, an increase from 226.07 billion U.S. dollars in 2022. In comparison, the world average is 363.59 billion U.S. dollars, based on data from 154 countries. Historically, the average for Vietnam from 1995 to 2023 is 93.74 billion U.S. dollars. The minimum value, 15.26 billion U.S. dollars, was reached in 1995 while the maximum of 235.64 billion U.S. dollars was recorded in 2023.

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.

In 2022, the household consumption of food and beverages in Vietnam was estimated at **** quadrillion Vietnamese dong. Households in Vietnam were expected to increase their expenditure on food and beverages until 2024.

In 2023, private consumption accounted for 54.44 percent of Vietnam's GDP. Vietnam is among Southeast Asia's fastest-growing economies with an emerging middle class. That contributed to the growth in the contribution of private consumption to GDP in recent years.

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.

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

Graph and download economic data for Price Level of Consumption for Vietnam (PLOCONVNA622NUPN) from 1970 to 2010 about Viet Nam and consumption.

Consumer Confidence in Vietnam increased to 113 points in the fourth quarter of 2021 from 105 points in the third quarter of 2021. This dataset provides the latest reported value for - Vietnam Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Actual value and historical data chart for Vietnam General Government Final Consumption Expenditure Us Dollar

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

Vietnam: Coal consumption, thousand short tons: The latest value from 2023 is 100538.85 thousand short tons, an increase from 90458.73 thousand short tons in 2022. In comparison, the world average is 50012.11 thousand short tons, based on data from 190 countries. Historically, the average for Vietnam from 1980 to 2023 is 24030.42 thousand short tons. The minimum value, 2190.86 thousand short tons, was reached in 1990 while the maximum of 100538.85 thousand short tons was recorded in 2023.

Forecast: Primary Energy Consumption in Vietnam 2023 - 2027 Discover more data with ReportLinker!

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.