Living Wage Individual in Vietnam increased to 4752300 VND/Month in 2018 from 4693900 VND/Month in 2017. Living Wage Individual in Vietnam averaged 4957650 VND/Month from 2015 until 2018, reaching an all time high of 5258200 VND/Month in 2015 and a record low of 4693900 VND/Month in 2017. This page provides - Vietnam Living Wage Individual- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Family in Vietnam increased to 7763600 VND/Month in 2018 from 7633800 VND/Month in 2017. Living Wage Family in Vietnam averaged 7942775 VND/Month from 2015 until 2018, reaching an all time high of 8250400 VND/Month in 2015 and a record low of 7633800 VND/Month in 2017. This page provides - Vietnam Living Wage Family- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Vietnam decreased to 10825600 VND/Month in 2018 from 10960700 VND/Month in 2017. Wages High Skilled in Vietnam averaged 10955925 VND/Month from 2015 until 2018, reaching an all time high of 11876600 VND/Month in 2016 and a record low of 10160800 VND/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages Low Skilled in Vietnam increased to 5372100 VND/Month in 2018 from 5040600 VND/Month in 2017. Wages Low Skilled in Vietnam averaged 5689775 VND/Month from 2015 until 2018, reaching an all time high of 6981300 VND/Month in 2015 and a record low of 5040600 VND/Month in 2017. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

The Gross Domestic Product (GDP) in Vietnam expanded 6.88 percent in the third quarter of 2018 over the previous quarter. GDP Growth Rate in Vietnam averaged 6.28 percent from 2000 until 2018, reaching an all time high of 8.46 percent in the fourth quarter of 2007 and a record low of 3.14 percent in the first quarter of 2009. Vietnam is a developing economy in the Southeast Asia. In recent years, the nation has been rising as a leading agricultural exporter and an attractive foreign investment destination. Vietnam's key products are: rice, cashew nuts, black pepper, coffee, tea, fishery products and rubber. Manufacturing, information technology and high-tech industries constitute a fast growing part of the economy. Vietnam is also one of the largest oil producers in the region. This page provides the latest reported value for - Vietnam GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Military Expenditure in Vietnam increased to 5451 USD Million in 2018 from 5074 USD Million in 2017. Military Expenditure in Vietnam averaged 2720.18 USD Million from 1987 until 2018, reaching an all time high of 5451 USD Million in 2018 and a record low of 702.40 USD Million in 1993.

The Gross Domestic Product per capita in Vietnam was last recorded at 1964.50 US dollars in 2018. The GDP per Capita in Vietnam is equivalent to 16 percent of the world's average. GDP per capita in Vietnam averaged 928.61 USD from 1984 until 2018, reaching an all time high of 1964.50 USD in 2018 and a record low of 377.50 USD in 1984. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Vietnam GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Vietnam was last recorded at 6608.60 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Vietnam, when adjusted by Purchasing Power Parity is equivalent to 37 percent of the world's average. GDP per capita PPP in Vietnam averaged 3496.82 USD from 1990 until 2018, reaching an all time high of 6608.60 USD in 2018 and a record low of 1457.60 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Vietnam GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Vietnam decreased to 4.68 percent in 2018 from 4.78 percent in 2017. Deposit Interest Rate in Vietnam averaged 8.02 percent from 1993 until 2018, reaching an all time high of 22.04 percent in 1993 and a record low of 3.65 percent in 2000. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Vietnam.

Vietnam scored 61.54 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Vietnam averaged 16.85 Points from 2007 until 2019, reaching an all time high of 61.54 Points in 2019 and a record low of 4.02 Points in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Vietnam Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Vietnam is the 67 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Vietnam averaged 68.31 from 2007 until 2019, reaching an all time high of 77 in 2018 and a record low of 56 in 2016. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Vietnam Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Vietnam is ranked 70 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Vietnam deteriorated to 70 in 2019 from 69 in 2018. Ease of Doing Business in Vietnam averaged 86.83 from 2008 until 2019, reaching an all time high of 99 in 2013 and a record low of 68 in 2017. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Vietnam.

Consumer Spending in Vietnam increased to 3745063 VND Billion in 2018 from 3405750.02 VND Billion in 2017. Consumer Spending in Vietnam averaged 1056563.91 VND Billion from 1990 until 2018, reaching an all time high of 3745063 VND Billion in 2018 and a record low of 37572 VND Billion in 1990. This page provides - Vietnam Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Vietnam decreased to 113.30 Index Points in 2018 from 121.20 Index Points in 2017. Export Prices in Vietnam averaged 105.15 Index Points from 1991 until 2018, reaching an all time high of 124.80 Index Points in 2008 and a record low of 88.10 Index Points in 2009. In Vietnam, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page provides - Vietnam Export Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in Vietnam increased to 158.65 Index Points in 2018 from 153.44 Index Points in 2017. GDP Deflator in Vietnam averaged 100.26 Index Points from 1985 until 2018, reaching an all time high of 182.44 Index Points in 2003 and a record low of 0.11 Index Points in 1985. This page provides - Vietnam GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Vietnam increased to 358592 VND Billion in 2018 from 325803.97 VND Billion in 2017. Government Spending in Vietnam averaged 100309.34 VND Billion from 1990 until 2018, reaching an all time high of 358592 VND Billion in 2018 and a record low of 3164 VND Billion in 1990. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Vietnam Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Vietnam increased to 1321905.90 VND Billion in 2018 from 1190474.59 VND Billion in 2017. Gross Fixed Capital Formation in Vietnam averaged 420943.69 VND Billion from 1990 until 2018, reaching an all time high of 1321905.90 VND Billion in 2018 and a record low of 5495 VND Billion in 1990. This page provides - Vietnam Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross National Product in Vietnam increased to 5154552 VND Billion in 2018 from 4628741 VND Billion in 2017. Gross National Product in Vietnam averaged 1504968.45 VND Billion from 1990 until 2018, reaching an all time high of 5154552 VND Billion in 2018 and a record low of 39284 VND Billion in 1990. This page provides - Vietnam Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Import Prices in Vietnam decreased to 111.20 Index Points in 2018 from 120.60 Index Points in 2017. Import Prices in Vietnam averaged 103.40 Index Points from 1991 until 2018, reaching an all time high of 120.60 Index Points in 2017 and a record low of 88.40 Index Points in 2009. In Vietnam, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides - Vietnam Import Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terms of Trade in Vietnam increased to 101.89 Index Points in 2018 from 100.50 Index Points in 2017. Terms of Trade in Vietnam averaged 101.68 Index Points from 1991 until 2018, reaching an all time high of 109.77 Index Points in 1999 and a record low of 94.81 Index Points in 2001. In Vietnam, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Vietnam Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Vietnam remained unchanged at 1.10 Million in the fourth quarter of 2018 from 1.10 Million in the second quarter of 2018. Unemployed Persons in Vietnam averaged 1.20 Million from 1998 until 2018, reaching an all time high of 2.30 Million in the fourth quarter of 2006 and a record low of 0.80 Million in the fourth quarter of 2005. In Vietnam, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Vietnam Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Vietnam increased to 1085018.14 VND Billion in 2018 from 977907 VND Billion in 2017. Money Supply M0 in Vietnam averaged 227924.42 VND Billion from 1986 until 2018, reaching an all time high of 1085018.14 VND Billion in 2018 and a record low of 55 VND Billion in 1986. Vietnam Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Vietnam Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Vietnam increased to 2174032.77 VND Billion in 2018 from 1982009 VND Billion in 2017. Money Supply M1 in Vietnam averaged 696156.15 VND Billion from 1986 until 2018, reaching an all time high of 4613262 VND Billion in 2014 and a record low of 109 VND Billion in 1986. This page provides - Vietnam Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Vietnam increased to 9211848.05 VND Billion in 2018 from 8192548 VND Billion in 2017. Money Supply M2 in Vietnam averaged 1775892.31 VND Billion from 1986 until 2018, reaching an all time high of 9211848.05 VND Billion in 2018 and a record low of 112 VND Billion in 1986. Vietnam Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Vietnam Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Vietnam increased to 1424914 VND Billion in 2018 from 1288665 VND Billion in 2017. Government Revenues in Vietnam averaged 335914.91 VND Billion from 1985 until 2018, reaching an all time high of 1424914 VND Billion in 2018 and a record low of 19 VND Billion in 1985. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Vietnam Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam recorded a government budget deficit of 191500 VND Billion in 2018. Government Budget Value in Vietnam averaged -41421.07 VND Billion from 1984 until 2018, reaching an all time high of 13000 VND Billion in 2006 and a record low of -191500 VND Billion in 2018. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Vietnam Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Vietnam increased to 1616414 VND Billion in 2018 from 1462965 VND Billion in 2017. Fiscal Expenditure in Vietnam averaged 378554.21 VND Billion from 1985 until 2018, reaching an all time high of 1616414 VND Billion in 2018 and a record low of 35 VND Billion in 1985. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Vietnam Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam recorded a government debt equivalent to 57.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Vietnam averaged 45.02 percent from 2000 until 2018, reaching an all time high of 59.70 percent in 2016 and a record low of 31.40 percent in 2000. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Vietnam Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam recorded a capital and financial account surplus of 835 USD Million in the second quarter of 2019. Capital Flows in Vietnam averaged 2075.30 USD Million from 2012 until 2019, reaching an all time high of 10710 USD Million in the fourth quarter of 2017 and a record low of -5250 USD Million in the third quarter of 2015. This page provides - Vietnam Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam recorded a Current Account surplus of 3 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Vietnam averaged -2.76 percent from 1980 until 2018, reaching an all time high of 6 percent in 2012 and a record low of -12.70 percent in 1995. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Vietnam Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Vietnam increased to 1 in 2018 from 0.66 in 2017. Terrorism Index in Vietnam averaged 0.13 from 2002 until 2018, reaching an all time high of 1 in 2018 and a record low of 0 in 2006. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

External Debt in Vietnam increased to 112114 USD Million in 2018 from 104079 USD Million in 2017. External Debt in Vietnam averaged 34731.29 USD Million from 1985 until 2018, reaching an all time high of 112114 USD Million in 2018 and a record low of 10345 USD Million in 1985. In Vietnam, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Vietnam External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Vietnam decreased to 2.15 percent in the fourth quarter of 2019 from 2.17 percent in the third quarter of 2019. Unemployment Rate in Vietnam averaged 2.33 percent from 1998 until 2019, reaching an all time high of 4.50 percent in the fourth quarter of 1998 and a record low of 1.81 percent in the fourth quarter of 2012. In Vietnam, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page 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.

Youth Unemployment Rate in Vietnam decreased to 6.31 percent in the fourth quarter of 2019 from 6.53 percent in the third quarter of 2019. Youth Unemployment Rate in Vietnam averaged 6.75 percent from 2011 until 2019, reaching an all time high of 7.86 percent in the third quarter of 2016 and a record low of 5.09 percent in the second quarter of 2014. This page provides - Vietnam Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Vietnam increased to 55.03 Million in the fourth quarter of 2019 from 54.56 Million in the third quarter of 2019. Employed Persons in Vietnam averaged 43.27 Million from 1982 until 2019, reaching an all time high of 55.03 Million in the fourth quarter of 2019 and a record low of 23.50 Million in the fourth quarter of 1982. In Vietnam, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Vietnam Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam recorded a Government Budget deficit equal to 4.40 percent of the country's Gross Domestic Product in 2019. Government Budget in Vietnam averaged -2.81 percent of GDP from 1988 until 2019, reaching an all time high of 1.20 percent of GDP in 2006 and a record low of -9.90 percent of GDP in 1988. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Vietnam Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam scored 37 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Vietnam averaged 28.43 Points from 1997 until 2019, reaching an all time high of 37 Points in 2019 and a record low of 24 Points in 2002. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Vietnam Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Vietnam is the 96 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Vietnam averaged 101.87 from 1997 until 2019, reaching an all time high of 123 in 2007 and a record low of 43 in 1997. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Vietnam Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Vietnam stands at 20 percent. Corporate Tax Rate in Vietnam averaged 26.77 percent from 1997 until 2020, reaching an all time high of 35 percent in 1998 and a record low of 20 percent in 2016. In Vietnam, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Vietnam. This page provides - Vietnam Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Vietnam increased to 4420 VND Thousand/Month in 2020 from 4180 VND Thousand/Month in 2019. Minimum Wages in Vietnam averaged 2697.69 VND Thousand/Month from 2008 until 2020, reaching an all time high of 4420 VND Thousand/Month in 2020 and a record low of 1000 VND Thousand/Month in 2008. This page provides - Vietnam Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Vietnam stands at 10 percent. In Vietnam, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Vietnam. This page provides - Vietnam Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Vietnam stands at 35 percent. Personal Income Tax Rate in Vietnam averaged 36.56 percent from 2004 until 2019, reaching an all time high of 40 percent in 2005 and a record low of 35 percent in 2009. In Vietnam, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Vietnam. This page provides - Vietnam Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Vietnam increased to 5981 VND Thousand/Month in the fourth quarter of 2018 from 5844 VND Thousand/Month in the third quarter of 2018. Wages in Vietnam averaged 4328.54 VND Thousand/Month from 2007 until 2018, reaching an all time high of 5981 VND Thousand/Month in the fourth quarter of 2018 and a record low of 1399 VND Thousand/Month in the fourth quarter of 2007. This page provides - Vietnam Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages In Manufacturing in Vietnam increased to 5874 VND Thousand/Month in the fourth quarter of 2018 from 5740 VND Thousand/Month in the third quarter of 2018. Wages In Manufacturing in Vietnam averaged 4496.87 VND Thousand/Month from 2011 until 2018, reaching an all time high of 5874 VND Thousand/Month in the fourth quarter of 2018 and a record low of 2871 VND Thousand/Month in the second quarter of 2011. This page provides - Vietnam Wages In Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Vietnam increased to 76.60 percent in the fourth quarter of 2018 from 76.40 percent in the third quarter of 2018. Labor Force Participation Rate in Vietnam averaged 76.75 percent from 2016 until 2018, reaching an all time high of 77.50 percent in the first quarter of 2016 and a record low of 76.40 percent in the second quarter of 2017. This page provides - Vietnam Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Vietnam was worth 255 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Vietnam represents 0.21 percent of the world economy. GDP in Vietnam averaged 79.14 USD Billion from 1985 until 2019, reaching an all time high of 255 USD Billion in 2019 and a record low of 6.29 USD Billion in 1989. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page 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.

The total population in Vietnam was estimated at 96.5 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Vietnam had a population of 34.7 million people. The population of Vietnam represents 1.27 percent of the world´s total population which arguably means that one person in every 79 people on the planet is a resident of Vietnam. This page provides - Vietnam Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Vietnam was last recorded at 5 percent. Interest Rate in Vietnam averaged 7.17 percent from 2000 until 2020, reaching an all time high of 15 percent in June of 2008 and a record low of 4.80 percent in August of 2000. In Vietnam, interest rates decisions are taken by The State Bank of Vietnam. The official interest rate is the Refinancing Rate. This page provides the latest reported value for - Vietnam Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Vietnam expanded 3.82 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Vietnam averaged 6.51 percent from 2000 until 2020, reaching an all time high of 8.48 percent in the fourth quarter of 2007 and a record low of 3.12 percent in the first quarter of 2009. In Vietnam, industry and construction constitute the biggest sector of the economy (41 percent of total GDP). Yet, in the past six years the growth in services outpaced significantly all other sectors, and today services account for 37 percent of GDP. Finally, agriculture, forestry and fishing represent 22 percent of total output. This page 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.

GDP Constant Prices in Vietnam decreased to 707223 VND Billion in the first quarter of 2020 from 3738546 VND Billion in the fourth quarter of 2019. GDP Constant Prices in Vietnam averaged 1731734.83 VND Billion from 2013 until 2020, reaching an all time high of 3738546 VND Billion in the fourth quarter of 2019 and a record low of 480455 VND Billion in the first quarter of 2013. This page provides - Vietnam GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.