Economy of Vietnam. Statistics, Data and Indicators
Vietnam
| 29BB- | Credit rank #94 |
| 81.09 | Quality of life #61 |
| 77 | Corruption rank#107 |
| 70 | Ease of doing business#68 |
Vietnam Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 409 USD Billion | 2022 |
| GDP Annual Growth Rate | 5.33 % | 3Q/23 |
| GDP Growth Rate | 6.88 % | 3Q/18 |
| GDP per capita | 3655 USD | 2022 |
| Inflation Rate YoY | 3.66 % | Sep/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Unemployment Rate | 2.3 % | 2Q/23 |
| Wages | 7000 VND Thou/Month | 287.637 USD/Month | 2Q/23 |
| Balance of Trade | 2.29 USD Million | 0.002 B USD | Sep/23 |
| Current Account | 7860 USD Million | 7.86 B USD | 2Q/23 |
| Foreign Exchange Reserves | 89241 USD Million | 89.241 B USD | 2023 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 409 USD Billion | 2022 |
| GDP Annual Growth Rate | 5.33 % | 3Q/23 |
| GDP Growth Rate | 6.88 % | 3Q/18 |
| GDP per capita | 3655 USD | 2022 |
| Gross National Product | 9049892 VND Billion | 371.87 B USD | 2022 |
| GDP Constant Prices | 4176814 VND Billion | 171.63 B USD | 3Q/23 |
| GDP per capita PPP | 11397 USD | 2022 |
| GDP From Agriculture | 439759 VND Billion | 18.07 B USD | 3Q/23 |
| GDP From Construction | 263971 VND Billion | 10.847 B USD | 3Q/23 |
| GDP From Manufacturing | 958378 VND Billion | 39.381 B USD | 3Q/23 |
| GDP From Mining | 116495 VND Billion | 4.787 B USD | 3Q/23 |
| GDP From Public Administration | 78116 VND Billion | 3.21 B USD | 3Q/23 |
| GDP From Services | 1840018 VND Billion | 75.608 B USD | 3Q/23 |
| GDP From Transport | 241303 VND Billion | 9.915 B USD | 3Q/23 |
| GDP From Utilities | 22937 VND Billion | 0.943 B USD | 3Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 37.1 % | 2022 |
| Government Budget Value | -421321 VND Billion | -17.313 USD Billion | 2022 |
| Government Spending | 854654 VND Billion | 35.119 USD Billion | 2022 |
| Government Revenues | 1614059 VND Billion | 66.323 USD Billion | 2022 |
| Fiscal Expenditure | 2035380 VND Billion | 83.636 B USD | 2022 |
| Government Budget to GDP | -3.41 % | 2021 |
| Military Expenditure | 5500 USD Million | 5.5 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 113 index points | Sep/23 |
| Export Prices | 110 Index Points | 2022 |
| Food Inflation | 2.87 % | Sep/23 |
| Gasoline Prices | 0.96 USD/Liter | Sep/23 |
| GDP Deflator | 172 Index Points | 2022 |
| Import Prices | 108 Index Points | 2022 |
| Inflation Rate YoY | 3.66 % | Sep/23 |
| Producer Prices | 97.51 index points | 3Q/23 |
| Inflation Rate Mom | 1.08 % | Sep/23 |
| Core Inflation Rate | 4.49 % | Sep/23 |
| CPI Transportation | 112 Index Points | Sep/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.9 % | 2022 |
| Balance of Trade | 2.29 USD Million | 0.002 USD Billion | Sep/23 |
| Capital Flows | -2720 USD Million | -2.72 USD Billion | 2Q/23 |
| Current Account | 7860 USD Million | 7.86 USD Billion | 2Q/23 |
| Exports | 31.41 USD Million | 0.031 USD Billion | Sep/23 |
| External Debt | 142038 USD Million | 142.038 B USD | 2022 |
| Foreign Exchange Reserves | 89241 USD Million | 89.241 USD Billion | 2023 |
| Imports | 29.12 USD Million | 0.029 USD Billion | Sep/23 |
| Terms of Trade | 102 Index Points | 2022 |
| Tourist Arrivals | 1054 Thousand Persons | 1.054 Million Persons | Sep/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interbank Rate | 3.1 % | Oct/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Money Supply M0 | 1352910 VND Billion | 55.592 B USD | 2022 |
| Money Supply M1 | 3265640 VND Billion | 134.189 B USD | 2022 |
| Money Supply M2 | 14226792 VND Billion | 584.594 B USD | 2022 |
| Deposit Interest Rate | 3.56 % | 2022 |
| Foreign Direct Investment | 15.91 USD Billion | Sep/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 4680 VND Thou/Month | 192.306 USD/Month | 2023 |
| Retirement Age Men | 60.5 | 2022 |
| Retirement Age Women | 55.67 | 2022 |
| Unemployment Rate | 2.3 % | 2Q/23 |
| Wages | 7000 VND Thou/Month | 287.637 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 7.41 % | 2Q/23 |
| Employed Persons | 51.2 Million Person | 2Q/23 |
| Labor Force Participation Rate | 68.9 % | 2Q/23 |
| Living Wage Family | 7763600 VND/Month | 334.37 USD/Month | 2018 |
| Living Wage Individual | 4752300 VND/Month | 204.676 USD/Month | 2018 |
| Unemployed Persons | 1.09 Million Persons | 2Q/23 |
| Wages High Skilled | 10825600 VND/Month | 466.246 USD/Month | 2018 |
| Wages in Manufacturing | 7815 VND Thousand/Month | 321.127 USD/Month | 2Q/23 |
| Wages Low Skilled | 5372100 VND/Month | 231.37 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 20 % | 2023 |
| Personal Income Tax Rate | 35 % | 2023 |
| Sales Tax Rate | 10 % | 2023 |
| Social Security Rate | 32 % | 2023 |
| Social Security Rate For Companies | 21.5 % | 2023 |
| Social Security Rate For Employees | 10.5 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 182 BBL/D/1K | May/23 |
| Electricity Production | 23600 GWh | Sep/23 |
| Industrial Production | 5.1 % | Sep/23 |
| Mining Production | -6.2 % | Aug/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 42 index points | 2022 |
| Corruption Rank | 77 place | 2022 |
| Ease of Doing Business | 70 place | 2019 |
| Manufacturing PMI | 49.7 index points | Sep/23 |
| Manufacturing Production | 3.5 % | Aug/23 |
| Competitiveness Index | 61.54 Index Points | 2019 |
| Competitiveness Rank | 67 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 113 index points | 4Q/21 |
| Retail Sales MoM | -3.2 % | Jun/21 |
| Retail Sales YoY | 7.5 % | Sep/23 |
| Consumer Spending | 5226418 VND Billion | 214.759 B USD | 2022 |
