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 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.

Monthly and long-term Vietnam GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

The Gross Domestic Product per capita in Vietnam was last recorded at 14415.22 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Vietnam, when adjusted by Purchasing Power Parity is equivalent to 81 percent of the world's average. This dataset provides - Vietnam GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam: GDP per capita, current U.S. dollars: The latest value from 2024 is 4717.29 U.S. dollars, an increase from 4323.35 U.S. dollars in 2023. In comparison, the world average is 19439.19 U.S. dollars, based on data from 176 countries. Historically, the average for Vietnam from 1985 to 2024 is 1438.8 U.S. dollars. The minimum value, 98.11 U.S. dollars, was reached in 1989 while the maximum of 4717.29 U.S. dollars was recorded in 2024.

Key information about Vietnam GDP Per Capita

• Vietnam Gross Domestic Product (GDP) per Capita reached 4,700.000 USD in Dec 2024, compared with 4,323.360 USD in Dec 2023.
• Vietnam GDP Per Capita data is updated yearly, available from Dec 2009 to Dec 2024, with an average number of 2,757.260 USD.
• The data reached an all-time high of 4,700.000 USD in Dec 2024 and a record low of 1,064.000 in Dec 2009.
• The National Statistics Office provides GDP per Capita in USD.

Related information about Vietnam GDP Per Capita data

• In the latest reports, Vietnam GDP expanded 3.038 % YoY in Sep 2025.
• Vietnam Nominal GDP reached 476.325 USD bn in Dec 2024.
• Its GDP deflator (implicit price deflator) increased 3.391 % in Sep 2025.
• Gross Savings Rate of Vietnam was measured at 37.249 % in Dec 2024.

GDP per capita (current US$) in Vietnam was reported at 4717 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Actual value and historical data chart for Vietnam GDP Per Capita Growth Annual Percent

Graph and download economic data for Constant GDP per capita for Viet Nam (NYGDPPCAPKDVNM) from 1984 to 2024 about Viet Nam, per capita, real, and GDP.

Yearly (annual) dataset of the Vietnam GDP per Capita, including historical data, latest releases, and long-term trends from 1984-12-31 to 2024-12-31. Available for free download in CSV format.

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.

Actual value and historical data chart for Vietnam GDP Per Capita Ppp Us Dollar

Key information about Vietnam Nominal GDP

• Vietnam Nominal GDP reached 476.3 USD bn in Dec 2024, compared with 433.7 USD bn in the previous year.
• Nominal GDP in Vietnam is updated yearly, available from Dec 2010 to Dec 2024, with an average number of 281.4 USD bn.
• The data reached an all-time high of 476.3 USD bn in Dec 2024 and a record low of 147.2 USD bn in Dec 2010.

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


Related information about Vietnam Nominal GDP

• In the latest reports, Vietnam GDP expanded 3.0 % YoY in Sep 2025.
• 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.
• Public Consumption accounted for 8.9 % in Dec 2024.
• Private Consumption accounted for 53.9 % in Dec 2024.

GDP per capita (constant 2015 US$) in Vietnam was reported at 4018 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

In 2024, the average monthly income per capita in Vietnam reached approximately *** million Vietnamese dong, indicating a slight increase from the previous year. 2020 and 2021 were particularly difficult years for the country’s population when per capita income decreased due to the negative impacts of the COVID-19 epidemic. Income distribution in Vietnam As a rapidly developing country in Southeast Asia, Vietnam has made significant efforts to improve income distribution among its population. One of the key factors contributing to a more balanced income distribution is Vietnam’s robust economic growth. Although the COVID-19 pandemic posed challenges to the country’s economy, Vietnam has been enjoying gradual GDP growth over the past few years, which explains the increase in job opportunities and higher wages for many Vietnamese citizens. Over the years, the Vietnamese government has implemented various policies and strategies to reduce the poverty rate and narrow the income gap in the country. However, the difference in income between urban and rural areas is inevitable. According to a governmental report in 2022, earnings per capita improved steadily across the whole country regardless of area; nonetheless, the monthly average income in urban areas was 1.5 times higher than that of their rural counterparts. Among the five major cities, Ha Noi and Ho Chi Minh City recorded the highest income per capita due to their higher living expenses compared to other areas. Monthly household expenditures in Vietnam While Vietnam has made noticeable progress in reducing poverty and improving income distribution, challenges remain in shaping the overall living standard for the population. The cost of living varies across different regions, with urban areas generally having higher expenses compared to rural areas. The largest portions of household expenditures are mainly used for nutrition, followed by housing, transportation, and healthcare. Education and entertainment also contributed to the monthly expenses, especially after the COVID-19 pandemic recovery and many restrictions were lifted in the country.

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.

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 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 GDP Per Capita Current Lcu

Key information about Vietnam Investment: % of GDP

• Vietnam Investment accounted for 30.6 % of its Nominal GDP in Dec 2024, compared with a ratio of 31.6 % in the previous year.
• Vietnam investment share of Nominal GDP data is updated yearly, available from Dec 2010 to Dec 2024, with an average ratio of 32.3 %.
• The data reached an all-time high of 37.1 % in Dec 2010 and a record low of 30.2 % in Dec 2013.

CEIC calculates Investment as % of Nominal GDP from annual Nominal Gross Capital Formation and annual Nominal GDP. The National Statistics Office provides Nominal Gross Capital Formation and Nominal GDP in local currency.


Related information about Vietnam Investment: % 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.