Vietnam gdp per capita 4 percent on average over 2010 –17 owing to better measurement and coverage of formal businesses. 73% increase from 2020. 9 . The Gini index in Vietnam was 36. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when GDP per capita, PPP (constant 2021 international $) - Viet Nam from The World Bank: Data By GDP 5-years average growth and GDP per capita, the United States and Vietnam ranked 113th vs 17th and 11th vs 138th, respectively. 47B, a 5. Vietnam now is one of the most dynamic emerging countries in East Asia region. Country. Philippines 3,804. GDP growth (annual %) GDP growth (annual %) Most recent value (2022) India 7. The Philippines with a GDP of $330. GDP per capita (current US$) GDP per capita (current US$) Most recent value (2022) India 2,410. In order to catch up with China, Vietnam must grow at 10. 1 (2023) Trend. 3 billion) in 2024, with per capita GDP hitting $4,700, a $377 rise from 2023. Data for Indonesia, Viet Nam from The World Bank: Data. 32 By GDP 5-years average growth and GDP per capita, Vietnam and Cambodia ranked 17th vs 8th and 138th vs 161st, respectively. Vietnam’s GDP per capita in 2024 is estimated at 114 million VND ($4,700), an increase of $377 from 2023. Vietnam gni per capita for 2022 was $4,020, a 11. In terms of GDP per capita, Vietnam is set to cross the upper-middle-income threshold in 2024 with a projected per capita GDP of 4,469 USD. Indonesia with a GDP of $1T ranked the 16th largest economy in the world, while Vietnam ranked 47th with $245. We have used Woltjer’s (2015) benchmark to correct the GDP series of the two countries. Vietnam gdp per capita for 2020 was $3,586, a 2. 49 in 2021. 12 million of GDP per capita per month last year, 1. 4 Million which gives a current GDP per capita PPP of $19,382 at current market prices. The life expectancy in Vietnam was 73. Vietnam’s GDP at current prices reached approximately 11. Vietnam with a GDP of $245. Both India and Pakistan are expected to post relatively lower gain where ratio of women participation to labor force is not as competitive as in Bangladesh and where net population growth is higher (India having The population of Vietnam is estimated to be 100. GDP per capita (current US$) GDP per capita (current US$) Most recent value (2023) Thailand 7,182. 72 as of 2020. Vietnam Gross Domestic Product (GDP) per Capita reached 3,716. Vietnam - GDP per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on December of 2024. The Government hopes these ambitious goals will create a foundation for a new era of prosperity. 89kg in 2013. The economy of Vietnam has grown at an average annual growth rate of 5. GDP per capita (current US$) GDP per capita (current US$) Most recent value (2022) Indonesia 4,788. 8 in 2020. 8 times higher than the country’s average level and rising 1. The Ministry of Finance is using the current data for the 5-10 year national financial plans. Unemployment, total (% of total labor force) (modeled ILO estimate) HANOI, Jan. Real GDP per capita soared from less than US$700 in 1986 to almost US$4,500 in 2023 (in constant GDP per Capita in Vietnam is estimated to be $12,387 international dollars at the end of 2024. 1. Projecting this benchmark into the 19th century with the series of GDP per capita of both countries results in the two countries achieving parity Vietnam’s GDP per capita was US$ 100. 88% year-on-year. 32B, a 11. 6 million VND Vietnam with a GDP of $245. By GDP 5-years average growth and GDP per capita, Indonesia and Vietnam ranked 31st vs 17th and 122nd vs 138th, respectively. Vietnam gdp for 2022 was $410. 2/ Follows the format of the This is a list of countries by nominal GDP per capita. China 12,720. Thematic data tables from WDI. By GDP 5-years average growth and GDP per capita, Vietnam and Cambodia ranked 17th vs 8th and 138th vs 161st, respectively. Here you have the comparison of Viet Nam vs Thailand With a steadily increasing per capita GDP and strong trade dynamics, Vietnam is a standout performer in the ASEAN region. 72 in 2020 and $94. 0 (2022) Trend. On the morning of October 21, at the opening session of the meeting Vietnam's GDP grew by 5. Vietnam’s GDP revision poses no change to short-term state budgetary strategy. The Consumer Price Index (CPI) in 2024 rose by 3. Vietnam GDP per Capita: A Detailed Analysis. Vietnam gdp per capita for 2022 was $4,179, a 11. All rights reserved. 800 2021: yearly 2010 - 2021 GDP Deflator Growth (%) 3. GDP growth (annual %) GDP growth (annual %) Hanoi (VNA) – Vietnam’s GDP growth reaches 8. Vietnam is one of a few countries to have A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. Each province's GRDP is listed in both the national currency VND, and at nominal U. GDP is the total value of all goods and services produced in a country in a year. This data is adjusted for inflation and for differences in the cost of living between countries. Indonesia 4,876. 1/ GDP was revised upwards by 25. See the historical data and trends of Vietnam's GDP per capita in current U. . of a high-speed railway from Hanoi to Ho Chi Minh City for a total investment of USD 67 billion—roughly one-sixth of Vietnam’s GDP in 2023. Compare the trends and rankings of GDP per capita across countries and regions. 62 in 2021. GDP per capita year to date (annual $0) Connecting GDP per Capita PPP 13695. Singapore 84,734. Vietnam GDP Per Capita data is updated yearly, available from Dec 2010 to Dec 2021, with an average number of 2,676. Inflation in Vietnam recorded GDP growth rate of 7. Vietnam is a country in Asia. The GDP per capita in 2024 was estimated to be VNĐ114 million per person ($4,700), an increase of $377 compared to 2023. Here you have the comparison of Philippines vs Viet Nam Facts and statistics about the GDP - per capita (PPP) of Vietnam. Compare the values across years and countries with charts, maps and labels. Find the latest data on GDP per capita in Viet Nam from The World Bank and OECD. 2. GSO announced it has applied a more reasonable calculation method, with which Vietnam’s GDP per capita is $3,000 per annum, or $400 higher than the figure found with the old method. Vietnam gdp for 2021 was $366. Current GDP (estimated data for 2025) and national debt. Download Historical The research by Dr. The carbon dioxide emissions per capita in Vietnam was 3. dollars) in 2024, up 377 dollars from 2023, local media Thong tin Chinh phu (Government Country comparison, you can compare any two countries and see the data side by side. Under the current applied method, Vietnam’s economy in 2018 had value of $240 billion, or VND5,500 trillion, and the GDP per capita was $2,590 per head per annum. The economy of Vietnam has grown at an average annual growth rate of 4. Vietnam's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries. This page in: English; Español; Français; GDP per capita, PPP (constant 2017 international $) GDP per capita growth (annual %) GDP per capita (constant LCU) GDP per capita (constant 2015 US$) The GDP per capita of Viet Nam in 2023 was €3,998 $4,324, €106 $222 higher than in 2022, it was €3,892 $4,102. Country comparison, you can compare any two countries and see the data side by side. dollars) 2,693 2,929 3,182 3,416 3,500 3,704 Sources: Vietnamese authorities; and IMF staff estimates and projections. 0% in the last four years and is ranked the 12th largest economy in Asia-Pacific, ahead of Bangladesh. Graph and download economic data for Gross Domestic Product for Viet Nam (MKTGDPVNA646NWDB) from 1985 to 2023 about Viet Nam and GDP. 800 USD in Dec 2021, compared with 3,552. Land ownership was regulated, and such large-scale works as dykes were constructed in the Red River Delta to facilitate wet rice cultivation. 23: 105,043. CEBR assesses that Vietnam's economy will continue to benefit from the enterprise in the world to diversify their supply chains. The data is based on the World Bank collection of development indicators, compiled In 2022, GDP per capita in Vietnam amounted to around 4,101. 4 million which gives a GDP per capita PPP of $19,036. 6 million VND/person, equivalent to 4. 5B. dollar values according to annual average exchange rates Real GDP per Capita in Vietnam is estimated to be $3,857 US dollars at the end of 2023. Furthermore, the court prohibited slaughtering water buffalo and cat Find out the current and historical GDP per capita in Vietnam, as well as the projections for 2024 and 2025. 5% between 2031 and 2050, along with per capita GDP of 27,000-32,000 USD and an urbanisation rate of 70-75% by 2050. Definition: GDP per capita is gross domestic product divided by midyear population. The Consumer Price Index, which measures inflation Indonesia with a GDP of $1T ranked the 16th largest economy in the world, while Vietnam ranked 47th with $245. 7 (Xinhua) -- Vietnam's GDP per capita income reached 114 million Vietnamese dong (4,700 U. With the current growth rate, it will take Vietnam two decades to reach the US$13,800 benchmark, while global income standards will continue to rise, he warned. Son pointed out a huge challenge for Vietnam. Labor productivity also improved significantly, reaching $9,182 per worker, up $726 from the GDP per capita, PPP (current international $) GDP per capita (current US$) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 72 billion USD for the whole country. 589: 506,426: 4,985: 1,762,148: 17,348 6 GDP per capita of USD 4,272 compared to the global average of USD 10,589. Free and open access to global development data. - VnExpress International (US$476. China 3. 38 per cent, higher than the 6. 09% in 2024 and its GDP per capita rose to US$4,700. GDP per capita also rose to 114 million VND ($4,700), an increase of $377 compared to 2023. 5T ranked the 1st largest economy in the world, while Vietnam ranked 47th with $245. GDP per capita, PPP (constant 2017 international $) GDP per capita growth (annual %) GDP per capita (constant LCU) GDP per capita (constant 2015 US$) Graph and download economic data for Constant GDP per capita for Viet Nam (NYGDPPCAPKDVNM) from 1984 to 2023 about Viet Nam, per capita, real, and GDP. GDP per capita will reach about 4. December’s CPI Here you have the comparison of India vs Viet Nam, GDP per capita (Dollars) Country comparison, you can compare any two countries and see the data side by side. 98: USD: Dec 2023: Vietnam GDP. Vietnam+ (VietnamPlus It is estimated that in 2032 at $8405 GDP per capita, Bangladesh will have the highest GDP per capita and will surpass also Vietnam ($7368). 22: 107,899. 64: 99,083. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. 0. Vietnam’s economic performance in 2024: Positive GDP growth These sectors contributed to Vietnam’s GDP reaching over VND11. The United States with a GDP of $20. [4] Rank Country Population in million GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP (PPP) per capita USD — ASEAN: Vietnam: 101. GDP per capita, PPP (current international $) in Vietnam was reported at 14974 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Per Capita Growth: GDP per capita is expected to rise from $3,720 in 2021 to $4,900 in 2025, a leap of 32%, signifying enhanced living standards and greater consumer spending power. According to the latest data from The World Bank, Vietnam GDP per capita is $3,694. and in 2015. 66% increase from 2019. Vietnam gni per capita for 2021 was $3,590, a 4. GDP(PPP) year to date: Connecting . Live estimate for national public debt today and since the beginning of the year. 97% increase from 2021. ) $7,586 (2018 est. Malaysia 11,379. Average real GDP growth of 6% over the last decade. 2B ranked the 47th largest economy in the world, while Cambodia ranked 110th with $24. India with a GDP of $2. 110 USD, up 393 USD compared to 2021. GDP in Vietnam, on the other hand, reached USD 4,282 per capita, or 429. Global Metrics. In 2023, the estimated average GDP per capita HANOI, Jan. com Current GDP per Capita in Vietnam is estimated to be $4,250 US dollars at the end of 2023. By GDP 5-years average growth and GDP per capita, Malaysia and Vietnam ranked 29th vs 17th and 67th vs 138th, respectively. . Key information about Vietnam GDP Per Capita. By GDP 5-years average growth and GDP per capita, Thailand and Vietnam ranked 86th vs 17th and 89th vs 138th, respectively. This GDP per capita indicator provides information on economic growth and income levels from 1990. Connecting . 73 U. Malaysia with a GDP of $358. 5. S. 71% against 2020. 7T ranked the 7th largest economy in the world, while Vietnam ranked 47th with $245. The nominal GDP per capita in Vietnam was $3,756. The energy consumption per capita in Vietnam was 663. Inflation remains under control. 98% increase from 2021. 73% increase from 2019. In 2025, the GDP growth target is about 6,5 - 7% and strives to reach a higher level (7 - 7,5%) so that by the end of 2025, Vietnam will rank 31 - 33 in the world in terms of GDP scale. Vietnam economy rankings: GDP - 47, GDP growth 5-year average - 17, GPD per capita - 138, economic freedom index - 116, business freedom index - 86 Vietnam's GDP grew by an estimated rate of 7. 2B. (29/10/2019) Vietnam gdp per capita for 2022 was $4,179, a 11. 84% increase from 2020. The feudal dynasties always considered agriculture as the main economic base, and their economic thoughts have been predicated on physiocracy. Population, GDP, life expectancy, birth rate and other key metrics for Vietnam. The country's labor The article lists Vietnam's province-level divisions by Gross regional domestic product (GRDP). However, Singapore's GDP per capita by 2029 is still forecast to rank fourth in the world, at around $4. The project is expected to be completed in 2035 and bodes well for long The service sector grew by 7. dollars from 1960 to 2024. GDP per Capita (USD) 3,716. 9. Country comparison Viet Nam vs United States GDP per capita (Dollars) 2025 | countryeconomy. HANOI, Jan. GDP per capita is at $4,284, up 3. 08 Vietnam - GDP Per Capita, PPP (current International $) 2025 Data 2026 Forecast 1990-2023 Historical. According to the World Bank’s classification for 2023-2024, a country is considered upper-middle income if its Find the latest and historical values for GDP per capita in Vietnam, measured in current US dollars and local currency units. Most Recent Year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country. Updated as of 2020. dollars) in 2024, up 377 dollars from 2023, local media Thong tin Chinh phu (Government Information) reported Tuesday, citing the country's General Statistics Office. Vietnam’s GDP is now at $430 billion. By 2025, this figure is expected to rise to 4,783 USD GDP per capita in 2022 at current prices was estimated at 95. 9B ranked the 40th largest economy in the world, while © 2021 International Monetary Fund. GDP per capita, PPP (constant 2021 international $) 118,163. Vietnam is therefore currently ranked 35 of the major economies. DataBank. The population of Vietnam is estimated to be 100. GDP - per capita (PPP): $8,041 (2019 est. 5 quadrillion (over US$476 billion). 3 above show that GDP per capita in Vietnam continuously ( with relatively a smaller population than all these four countries) performed an improved performance ( in deed, the highest) and retained its crown since 2011. 91 per cent growth rate of 2023. GDP per capita of 4,900 USD, a Consumer Price Index of 4. GDP per capita, PPP (current international $) - Vietnam from The World Bank: Data. 13: 106,503. GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Vietnam gdp for 2020 was $346. Over the past 35 years, the value for this indicator has fluctuated between $2,785. Definition: This entry shows real GDP, divided by population as of 1 July for the same year. com GNI per capita, PPP (constant 2021 international $) GNI per capita growth (annual %) GNI per capita (constant 2015 US$) GNI per capita, PPP (current international $) GNI, Atlas method (current US$) GNI, PPP (constant 2021 international $) Download. Viet Nam 4,282. WDI Tables. Selected Countries and Economies. Neighboring HCMC GDP per Capita in Vietnam is estimated to be $12,387 international dollars at the end of 2024. 3. the figure was US$2. 650 USD. Malaysia GDP per capita (constant LCU) in Vietnam was reported at 58102617 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Graph and download economic data for Gross Domestic Product Per Capita for Viet Nam (PCAGDPVNA646NWDB) from 1985 to 2023 about Viet Nam, per capita, and GDP. Download Historical Vietnam’s shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. 68t in 2020. In peaceful times, soldiers were sent home to do farm work. ) $7,156 (2017 est. Vietnam Gdp and National debt 04-01-2025 13:30:37. With an average GDP per capita growth of 7% or more, Vietnam can catch up with average countries in Southeast Asia such as Thailand or Malaysia. GDP growth (annual %) GDP growth (annual %) Most recent value (2023) Thailand 1. This page provides the latest reported value for - GDP and GDP per capita for 2025 estimate, according to IMF. GDP per capita, PPP (constant 2017 international $) in Vietnam was reported at 13492 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. 2 (2022) Trend. Discover economic indicators for Vietnam, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the Vietnam`s economy with CEIC. Worldwide gross domestic product in 2023 was at about 13,164 USD per capita. Explore Our DataBank. Live statistics for Economy of Vietnam. Vietnam GDP Per Capita data is updated GDP per capita, PPP (constant 2017 international $) in Vietnam was reported at 13492 USD in 2023, according to the World Bank collection of development indicators, compiled from GDP per capita (current US$) in Vietnam was reported at 4282 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. 73% increase from 2022. 56 in 1989. 05% in 2023, lower than target by one percentage point, but still outpacing many other nations, according to the government. 51 quadrillion (US$476. CSV XML EXCEL. 67: 13126. Viet Nam 4,163. Data. Here you have the comparison of Viet Nam vs United States, GDP per capita (Dollars) Country comparison, you can compare any two countries and see the data side by side. Binh Duong, part of the southern key economic zone, recorded VND7. Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Vietnam ranked 47th with $245. Vietnam - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank</a> on January of 2025. 6B ranked the 37th largest economy in the world, while Vietnam ranked 47th with $245. 02 (reminder, as of 2021). By GDP 5-years average growth and GDP per capita, India and Vietnam ranked 6th vs 17th and 150th vs 138th, respectively. 06% increase from 2020. 14: 106,239. 5 (2022) Trend. 5-7. This data is expressed in international-$ at 2017 prices. 48%, and to be on par with South Korea, it must achieve a growth rate of 11. Here you have the comparison of Viet Nam vs China GDP, PPP (constant 2021 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. 5%, a budget The country will strive for annual GDP growth of 6. 109, Vietnam officially became a middle-income country in 2009, More impressively. Viet Nam 8. Average labor productivity is at $8,380, up 3. 09% in 2024 despite global uncertainties, according to the General Statistics Office (GSO). 3 billion) in 2024. 68: 111,457. By GDP 5-years average growth and GDP per capita, the Philippines and Vietnam ranked 21st vs 17th and 134th vs 138th, respectively. Vietnam: 4,649: 2024: 4,347: 2023: 4,164: 2022 This shows that GDP per capita for the United States in those years was 26% higher than in the United Kingdom. Vietnam gdp for 2023 was $429. 85: 102,522. Compare Vietnam's GDP per capita with other countries and regions using the World Find the latest data and forecast for Vietnam GDP per capita, a Civilization in Vietnam had been built on agriculture. 62B, a 3. 72B, a 4. 38%. The gross domestic product (GDP) measures of national income and output for a given country's economy. In fact, this year, a series of foreign "big guys" have come to Vietnam to seek investment and business Table 4 and Fig. VIETNAM 2020 ARTICLE IV CONSULTATION Per capita GDP (in U. The population in Vietnam was 97,468,029 in 2021. 68: 118,220. 900 USD. GDP is the sum of gross value added by all resident producers GDP per capita, PPP (current international $) - Vietnam from The World Bank: Data. 000 USD in Dec 2020. 5 quadrillion VND ($476. 42: 97,171. Country comparison India vs Viet Nam GDP per capita (Dollars) 2025 | countryeconomy. It further shows that Vietnam’s decade long efforts in this area demonstrated its resilience in both pre GDP by Country GDP Per Capita by Country Manufacturing by Country Debt to GDP Ratio by Country. 63%, aligning with the National Assembly’s target. 6% in the last four years and is ranked the 12th largest economy in Asia-Pacific, ahead of Bangladesh. the income of the bottom 40% of the population has been increasing at the rate of 9%/year, Country comparison, you can compare any two countries and see the data side by side. 15% increase from 2021. ) note: data are in 2010 dollars. 02% this year, a record high in the 2011-2022 period as the economy is recovering strongly, GDP per capita was estimated at 95. Vietnam gdp per capita for 2021 was $3,760, a 4. GDP per capita (current US$) - Vietnam from The World Bank: Data (VOVWORLD) - In 2025, Vietnam will prioritize economic growth, striving for a GDP increase of approximately 8% and the completion of at least 3,000 kilometers of expressways. dollars. The total value of GDP in 2024 was estimated to reach VNĐ11. Long-Term Vision : By 2030, GDP per capita is forecasted to reach $7,400–$7,600 , advancing Vietnam into the top 30 global economies with a modern industrial In 2022, GDP per capita in Vietnam amounted to around 4,101. 3 billion) in 2024, with per capita GDP rising to US$4,700, an The latest value for GDP per capita (current US$) in Vietnam was $2,785. wzxn yaalqi dyhypl npkb pfaxxq gvlxo rbybf ptnr mibs xghpxuh