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The Gross Domestic Product (GDP) in Vietnam was worth 429.72 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Vietnam represents 0.41 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.
In 2023, the gross domestic product (GDP) of Yunnan province in China amounted to approximately 3.0 trillion yuan, compared to about 2.86 trillion yuan in the previous year. Yunnan province is situated in the southwest of China, at the border to Myanmar, Laos and Vietnam. The capital of the province is Kunming.
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China Outward Investment: Asia: Vietnam data was reported at 2.593 USD bn in 2023. This records an increase from the previous number of 1.703 USD bn for 2022. China Outward Investment: Asia: Vietnam data is updated yearly, averaging 349.430 USD mn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 2.593 USD bn in 2023 and a record low of 12.750 USD mn in 2003. China Outward Investment: Asia: Vietnam data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: by Country.
In 2018, manufacturing labor costs in China were estimated to be 5.51 U.S. dollars per hour. This is compared to an estimated 4.45 U.S. dollars per hour in Mexico, and 2.73 U.S. dollars in Vietnam.
Manufacturing jobs in the United States
Many people in the United States believe manufacturing jobs to be the backbone of the U.S. economy, despite employment in the manufacturing sector decreasing since 1997, and the monthly change in manufacturing employment being highly variable. Although manufacturing added a value of about 10 percent to the U.S. gross domestic product (GDP) in 2018, employment in the United States has been moving away from manufacturing to other means of employment.
A difference in earnings
Part of this steering away from manufacturing could be due to a difference in labor costs. While hourly wages in Vietnam were less than three U.S. dollars in 2018, hourly wages in the U.S. manufacturing sector hovered around 27 U.S. dollars in 2018. The labor costs in the U.S. could simply be too high for companies, who look to countries such as China, Mexico, and Vietnam for cheaper labor.
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This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 29.25(USD Billion) |
MARKET SIZE 2024 | 29.84(USD Billion) |
MARKET SIZE 2032 | 35.0(USD Billion) |
SEGMENTS COVERED | Rice Type ,Cultivation Method ,Usage ,Quality ,Packaging ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising Health Consciousness Growing Population Urbanization Changing Dietary Patterns Increasing Disposable Income |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Olam International. ,Mitsubishi Corporation. ,Wilmar International. ,Cargill. ,COFCO Corporation. ,Louis Dreyfus Company. ,Bunge. ,SUMITOMO CORPORATION. ,Marubeni Corporation. ,Itochu Corporation. ,Thai Rice Exporters Association. ,SunRice. ,KRBL. ,Amira Nature Foods. ,LT Foods. |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Expanding demand in emerging economies Growing health consciousness among consumers Demand for organic and specialty varieties Emerging markets in AsiaPacific and Latin America Increasing use in processed foods and beverages |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 2.02% (2024 - 2032) |
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越南的人均国内生产总值在12-01-2021达3,716.800美元,相较于12-01-2020的3,552.000美元有所增长。越南人均国内生产总值数据按年更新,12-01-2010至12-01-2021期间平均值为2,676.650美元,共12份观测结果。该数据的历史最高值出现于12-01-2021,达3,716.800美元,而历史最低值则出现于12-01-2010,为1,689.600美元。CEIC提供的越南人均国内生产总值数据处于定期更新的状态,数据来源于CEIC Data,数据归类于世界趋势数据库的全球经济数据 – 表:人均国内生产总值:美元:年度:亚洲。
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Trade data source: World Integrated Trade Solution, World Bank, https://wits.worldbank.org/. All data is contained in the sheet “Fig 14”. (XLSX)
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越南的外商直接投资:占国内生产总值百分比在12-01-2024达30.6%,相较于12-01-2023的31.6%有所下降。越南外商直接投资:占国内生产总值百分比数据按年更新,12-01-2010至12-01-2024期间平均值为32.0%,共15份观测结果。该数据的历史最高值出现于12-01-2010,达37.1%,而历史最低值则出现于12-01-2013,为30.2%。CEIC提供的越南外商直接投资:占国内生产总值百分比数据处于定期更新的状态,数据来源于CEIC Data,数据归类于世界趋势数据库的全球经济数据 – 表:投资:占名义国内生产总值百分比:年度。
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越南的市值:占国内生产总值百分比在12-01-2020达51.2%,相较于12-01-2019的43.1%有所增长。越南市值:占国内生产总值百分比数据按年更新,12-01-2010至12-01-2020期间平均值为22.1%,共11份观测结果。该数据的历史最高值出现于12-01-2020,达51.2%,而历史最低值则出现于12-01-2011,为12.8%。CEIC提供的越南市值:占国内生产总值百分比数据处于定期更新的状态,数据来源于CEIC Data,数据归类于世界趋势数据库的全球经济数据 – 表:市值:占名义国内生产总值百分比:年度:亚洲。
In 2023, Vietnam welcomed almost 3.6 million South Korean tourist arrivals, the highest number of arrivals among all countries and territories, followed by Mainland China and Taiwan. In total, the country received around 12.6 million international tourist arrivals in 2023, a fourfold increase from the previous year, after the recovery from the COVID-19 pandemic.
Tourism in Vietnam
Thanks to its long coastline, historical French colonial landmarks, many world heritage sites, and vibrant culture, Vietnam is an emerging destination in Southeast Asia. Since the country opened its door to the world in the late 1980s, tourism has grown in importance as a part of the modern Vietnamese economy. By 2028, the share of direct GDP contribution from the tourism sector is expected to reach over 7.4 percent, with international tourism receipts forecasted to reach over ten billion U.S. dollars that same year. Next to increasing international arrivals, domestic tourism had also been thriving as more Vietnamese could afford to travel.
Vietnam’s tourism industry rebound post-COVID-19
The COVID-19 pandemic significantly disrupted the growth track of the Vietnamese tourism industry. However, as the pandemic was brought under control and restrictions were lifted, the sector showed signs of rebound and was expected to regain its momentum by 2023. Thanks to the government’s efforts to promote tourism and improve domestic infrastructure, in 2023, the number of international tourist arrivals by all means of transportation went up by approximately 3.4 percent, contributing to the growth in revenue of the country's tourism sector that year.
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越南的税收:占名义国内生产总值百分比在12-01-2024达11.4%,相较于12-01-2023的11.5%有所下降。越南税收:占名义国内生产总值百分比数据按年更新,12-01-2010至12-01-2024期间平均值为14.6%,共15份观测结果。该数据的历史最高值出现于12-01-2010,达17.6%,而历史最低值则出现于12-01-2024,为11.4%。CEIC提供的越南税收:占名义国内生产总值百分比数据处于定期更新的状态,数据来源于CEIC Data,数据归类于世界趋势数据库的全球经济数据 – 表:税收:占名义国内生产总值百分比:年度。
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越南的外债:短期:占国内生产总值百分比在12-01-2023达8.2%,相较于12-01-2022的9.3%有所下降。越南外债:短期:占国内生产总值百分比数据按年更新,12-01-1985至12-01-2023期间平均值为6.2%,共39份观测结果。该数据的历史最高值出现于12-01-1990,达27.5%,而历史最低值则出现于12-01-1986,为0.0%。CEIC提供的越南外债:短期:占国内生产总值百分比数据处于定期更新的状态,数据来源于CEIC Data,数据归类于世界趋势数据库的全球经济数据 – 表:外债:短期:占名义国内生产总值百分比:年度。
This statistic shows China's outward foreign direct investment (FDI) flows in countries along the Belt and Road initiative in 2023. In 2023, China's outward FDI flows to Cambodia reached about 1.38 billion U.S. dollars.
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越南的外汇储备:占国内生产总值百分比在02-01-2025达3.000%,相较于01-01-2025的3.000%保持不变。越南外汇储备:占国内生产总值百分比数据按月更新,02-01-2010至02-01-2025期间平均值为3.000%,共181份观测结果。该数据的历史最高值出现于04-01-2011,达4.000%,而历史最低值则出现于02-01-2025,为3.000%。CEIC提供的越南外汇储备:占国内生产总值百分比数据处于定期更新的状态,数据来源于CEIC Data,数据归类于世界趋势数据库的全球经济数据 – 表:存款准备金率:月度。
In 2023, India's manufacturing sector's GDP share was around 13 percent. The share remained the same as compared to the last year and declined from 17 percent in 2010. Value added is the net output of the manufacturing sector after adding all outputs and subtracting intermediate inputs. The manufacturing sector employs over 27 million workers.
Boosting manufacturing
As global economies aim to reduce reliance on China or adopt a China-plus strategy, India has emerged as a potent alternative manufacturing hub. The Make in India initiative was launched to foster and strengthen India’s global manufacturing status by enhancing foreign direct investments, skill development, and updating manufacturing infrastructure. Under the Production Linked Incentive (PLI) Scheme, companies are incentivized to promote domestic production and enhance manufacturing competitiveness. Despite efforts, experts expressed doubts about the government’s ambition to raise the share of manufacturing to GDP to 25 percent by 2025.
Hurdles for manufacturing
As per the World Bank, India’s share in global trade has not kept pace with its rapidly growing economy. It is losing ground to countries like Bangladesh and Vietnam in key low-cost and low-skill manufacturing export sectors. Manufacturing productivity in India has remained low. and the availability of capital also remains an obstacle for the manufacturing sector. Inadequate investments in technology, infrastructure, and research and development (R&D) can also impact productivity growth. Other factors include regulatory compliance burdens, complex labor laws, red tape, and inefficient supply chains.
Australia's crop exports were estimated at 42.2 billion Australian dollars in the fiscal year 2024. This was expected to decrease to approximately 37.9 billion Australian dollars in the 2025 financial year. Crop production in Australia Crop production in Australia is primarily located in three key regions: the southwest of Western Australia, the southeastern region covering Victoria and New South Wales, and coastal Queensland. These regions have favorable climates and fertile soils, making them ideal for crop cultivation. Wheat is the most prominent crop, covering the largest share of agricultural land. Alongside wheat, Australia cultivates various other essential crops, including barley, canola, cotton, sugarcane, and pulses such as chickpeas and lentils. Despite a recent dip, the crop price index has rebounded and shows a consistent upward trend, highlighting the sector's economic importance and its ability to adapt to market changes. Australia's crop exports Australia’s crop exports are essential to its agricultural trade and significantly contribute to the national economy. Australia's key crop export markets include China, Japan, and Vietnam. Although peaking in 2023, a decrease in the value of agricultural exports, which includes both crops and livestock, was expected for 2025. Despite this, Australia remains a major global supplier of vital crops, supported by its robust production capacity and high international demand.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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The Gross Domestic Product (GDP) in Vietnam was worth 429.72 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Vietnam represents 0.41 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.