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.

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.

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.

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.

• 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.

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.

After the COVID-19 outbreak, the Ministry of Planning and Investment discussed two possible scenarios and its impact on the country's GDP. The initial GDP growth projection before the virus outbreak was at 6.8 percent. In the case that the coronavirus can be contained in the second quarter of 2020, the GDP was projected to increase by only 6.09 percent. In the same scenario, the agriculture will grow at a rate of 2.35 percent, the industry sector will grow at a rate of 7.1 percent and the services sector will grow at a rate of 6.47 percent.

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.

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

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 11.606 % 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.

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 VN: GDP: Growth: Gross Value Added: Agriculture data was reported at 2.902 % in 2017. This records an increase from the previous number of 1.357 % for 2016. Vietnam VN: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 3.619 % from Dec 1986 (Median) to 2017, with 32 observations. The data reached an all-time high of 7.003 % in 1989 and a record low of -1.142 % in 1987. Vietnam VN: GDP: Growth: Gross Value Added: Agriculture 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: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

In 2024, the gross domestic product (GDP) per capita at current prices in Vietnam amounted to around 4,536 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.

GDP from Services in Vietnam decreased to 738714 VND Billion in the third quarter of 2025 from 746858 VND Billion in the second quarter of 2025. This dataset provides - Vietnam Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam VN: GDP: Growth data was reported at 6.812 % in 2017. This records an increase from the previous number of 6.211 % for 2016. Vietnam VN: GDP: Growth data is updated yearly, averaging 6.321 % from Dec 1985 (Median) to 2017, with 33 observations. The data reached an all-time high of 9.540 % in 1995 and a record low of 2.789 % in 1986. Vietnam VN: GDP: Growth 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 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Vietnam GDP.

Vietnam VN: GDP: Growth: Adjusted Net National Income data was reported at 9.755 % in 2016. This records an increase from the previous number of 6.841 % for 2015. Vietnam VN: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 6.849 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 12.859 % in 2010 and a record low of -1.785 % in 2005. Vietnam VN: GDP: Growth: Adjusted Net National Income 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. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

This statistic shows the top ten countries projected to have the greatest average annual growth in gross domestic product from 2016 to 2050. From 2016 to 2050, Vietnam is projected to have an average annual GDP growth rate of * percent.

Vietnam GSO Projection: Population: Var: Medium: Southeast data was reported at 19,365.000 Person th in 2034. This records an increase from the previous number of 19,292.000 Person th for 2033. Vietnam GSO Projection: Population: Var: Medium: Southeast data is updated yearly, averaging 18,122.000 Person th from Dec 2014 (Median) to 2034, with 21 observations. The data reached an all-time high of 19,365.000 Person th in 2034 and a record low of 15,721.000 Person th in 2014. Vietnam GSO Projection: Population: Var: Medium: Southeast data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G002: Population: Projection: General Statistics Office.

GDP from Transport in Vietnam decreased to 96915 VND Billion in the third quarter of 2025 from 112144 VND Billion in the second quarter of 2025. This dataset provides - Vietnam Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Agriculture, forestry, and fishing, value added (% of GDP) in Vietnam was reported at 11.86 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Agriculture, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.