In 2021, Ho Chi Minh City's contribution to Vietnam's gross domestic product (GDP) accounted for almost 16 percent of the total GDP. Around 13 percent of the country's GDP came from the capital city, Ha Noi, that year. In total, the ten presented provinces contributed over half of the economic output that year.

The Gross Domestic Product (GDP) in Vietnam expanded 8.23 percent in the third 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.

As surveyed in July 2021, ** percent of the respondents believed that the economy would worsen in Vietnam, a significant decrease in consumer confidence from January 2021. Meanwhile, around ** percent of them expected the economy would improve.

Key information about Vietnam Real GDP Growth

• The Gross Domestic Product (GDP) in Vietnam expanded 3.0 % YoY in Sep 2025, following a growth of 9.5 % in the previous quarter.
• Real GDP Growth YoY data in Vietnam is updated quarterly, available from Jun 2010 to Sep 2025, with an average rate of 5.0 %.
• The data reached an all-time high of 20.1 % in Dec 2021 and a record low of -15.2 % in Mar 2025.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The National Statistics Office provides Real GDP in local currency, at 2010 prices.


Related information about Vietnam Real GDP Growth

• In the latest reports, Nominal GDP of Vietnam reached 476.3 USD bn in Dec 2024.
• Its GDP deflator (implicit price deflator) increased 3.4 % in Sep 2025.
• GDP Per Capita in Vietnam 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.
• Public Consumption accounted for 8.9 % in Dec 2024.
• Private Consumption accounted for 53.9 % in Dec 2024.

Key information about Vietnam GDP Deflator Growth

• Vietnam GDP deflator (implicit price deflator) increased 3.9 % in Sep 2022, compared with an increase of 4.9 % in the previous quarter.
• Vietnam GDP Deflator Growth data is updated quarterly, available from Mar 2022 to Sep 2022, with an average rate of 3.9 %.
• The data reached an all-time high of 4.9 % in Jun 2022 and a record low of 2.5 % in Mar 2022.

CEIC calculates quarterly GDP Deflator Growth from quarterly Nominal and Real GDP. General Statistics Office provides Nominal GDP in local currency and Real GDP in local currency, at 2010 prices.


Related information about Vietnam GDP Deflator Growth

• In the latest reports, Vietnam GDP expanded 7.3 % YoY in Jun 2022.
• Its Nominal GDP reached 362.6 USD bn in Dec 2021.
• Vietnam GDP Per Capita reached 3,716.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 35.0 % in Dec 2021.

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

In 2024, Vietnam’s real gross domestic product (GDP) increased by around 7.1 percent compared to the previous year. Vietnam's GDP growth is expected to slightly decrease to 5.3 percent until 2030. 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.

Vietnam: Public spending on education, percent of GDP: The latest value from 2022 is 2.89 percent, a decline from 2.95 percent in 2021. In comparison, the world average is 4.15 percent, based on data from 130 countries. Historically, the average for Vietnam from 2008 to 2022 is 3.71 percent. The minimum value, 2.89 percent, was reached in 2022 while the maximum of 4.89 percent was recorded in 2008.

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.

As surveyed in 2021, the leading concern among Vietnamese consumers was the negative impact of the COVID-19 pandemic on their business, as reported by 59 percent of the respondents. Being infected with the virus was the second most popular fear as chosen by 55 percent of the respondents. Prior to the outbreak, consumers were rather concerned about environmental pollution, the reduction of healthcare and education services, or infrastructure development. The sentiment turned around after the outbreak.

Vietnam: Financial markets development: The latest value from 2021 is 0.337 index points, a decline from 0.339 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Vietnam from 1992 to 2021 is 0.389 index points. The minimum value, 0.233 index points, was reached in 1992 while the maximum of 0.555 index points was recorded in 2009.

In 2024, Vietnam’s gross domestic product (GDP) amounted to around 459.5 billion U.S. dollars, and is expected to increase to 484.7 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.

Employment, million people in Vietnam, September, 2025 The most recent value is 52.26 million employed people as of Q3 2025, an increase compared to the previous value of 51.99 million employed people. Historically, the average for Vietnam from Q1 2011 to Q3 2025 is 52.38 million employed people. The minimum of 47.25 million employed people was recorded in Q3 2021, while the maximum of 54.9 million employed people was reached in Q4 2019. | TheGlobalEconomy.com

Vietnam: Financial institutions development: The latest value from 2021 is 0.413 index points, an increase from 0.404 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Vietnam from 1992 to 2021 is 0.291 index points. The minimum value, 0.181 index points, was reached in 1992 while the maximum of 0.413 index points was recorded in 2021.

Key information about Vietnam Total Trade of Goods and Services: % of Nominal GDP

• Vietnam Total Trade of Goods & Services: % of Nominal GDP recorded 174.187 % in Dec 2024, compared with 164.791 % in the previous year.
• Vietnam Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 2010 to Dec 2024, with an averaged value of 159.782 %.
• The data reached an all-time high of 186.256 % in Dec 2021 and a record low of 113.439 % in Dec 2010.

CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from quarterly Total Trade of Goods and Services and annual Nominal GDP. State Bank of Vietnam provides Total Trade of Goods and Services in USD and The National Statistics Office provides Nominal GDP in local currency. The State Bank of Vietnam average market exchange rate is used for currency conversions. Total Trade of Goods and Services as % of Nominal GDP prior to 2012 is calculated from Total Trade sourced from the International Monetary Fund. Balance of Payments is used due to lack of National Accounts statistics.

Vietnam Net Official Development Assistance Received: 2021 Price data was reported at 19.450 USD mn in 2022. This records a decrease from the previous number of 526.520 USD mn for 2021. Vietnam Net Official Development Assistance Received: 2021 Price data is updated yearly, averaging 1.518 USD bn from Dec 1960 (Median) to 2022, with 63 observations. The data reached an all-time high of 4.253 USD bn in 2014 and a record low of 19.450 USD mn in 2022. Vietnam Net Official Development Assistance Received: 2021 Price 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: Defense and Official Development Assistance. Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in constant 2021 U.S. dollars.;Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, and International Development Statistics database. Data are available online at: https://data-explorer.oecd.org/.;Sum;

Key information about Vietnam Employed Persons

• Vietnam Employed Persons was reported at 52,254,967.993 Person in Sep 2025
• It recorded an increase from the previous number of 51,993,718.848 Person for Jun 2025
• Vietnam Employed Persons data is updated quarterly, averaging 54,022,800.000 Person from Mar 2011 to Sep 2025, with 59 observations
• The data reached an all-time high of 54,895,700.000 Person in Dec 2019 and a record low of 47,248,900.000 Person in Sep 2021
• Vietnam Employed Persons 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: Employed Persons: Quarterly

CEIC extends history for quarterly Employed Persons. The National Statistics Office provides Employed Persons. Employed Persons prior to Q1 2020 is based on ICLS 13 standard.

Fiscal Expenditure in Vietnam increased to 2035380 VND Billion in 2022 from 1854940 VND Billion in 2021. This dataset provides - Vietnam Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Year GDP Growth in Vietnam increased to 7.09 percent in 2024 from 5.05 percent in 2023. This dataset includes a chart with historical data for Vietnam Full Year Gdp Growth.

Unemployment Rate in Vietnam decreased to 2.22 percent in the third quarter of 2025 from 2.24 percent in the second quarter of 2025. This dataset provides the latest reported value for - Vietnam Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.