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Economy of Vietnam. Statistics, Data and Indicators

flag
Vietnam
29BB- Credit rank #94
81.09 Quality of life #61
96 Corruption rank#107
70 Ease of doing business#68
Vietnam


Vietnam Major Economic Indicators

Indicator Data Period
GDP Value 262 USD Billion 2019
GDP Annual Growth Rate 2.62 % 3Q/20
GDP Growth Rate 6.88 % 3Q/18
GDP per capita 2082 USD 2019
Inflation Rate YoY 1.48 % Nov/20
Interest Rate 4 % Sep/20
Unemployment Rate 2.73 % 2Q/20
Wages 6340 VND Thou/Month | 274.077 USD/Month 2Q/20
Balance of Trade 0.6 USD Million | 0.001 B USD Nov/20
Current Account -323 USD Million | -0.323 B USD 2Q/20
Foreign Exchange Reserves 84119 USD Million | 84.119 B USD 2020


GDP
vvp
262
USD Billion
#49 from 174 countries
GDP per capita
vvp
2082
USD
#125 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 262 USD Billion 2019
GDP Annual Growth Rate 2.62 % 3Q/20
GDP Growth Rate 6.88 % 3Q/18
GDP per capita 2082 USD 2019
Gross National Product 5686985 VND Billion | 245.848 B USD 2019
GDP Constant Prices 2578108 VND Billion | 111.451 B USD 3Q/20
GDP per capita PPP 8041 USD 2019
GDP From Agriculture  359775 VND Billion | 15.553 B USD 3Q/20
GDP From Construction  156366 VND Billion | 6.76 B USD 3Q/20
GDP From Manufacturing  518967 VND Billion | 22.435 B USD 3Q/20
GDP From Mining  127315 VND Billion | 5.504 B USD 3Q/20
GDP From Public Administration  69860 VND Billion | 3.02 B USD 3Q/20
GDP From Services  991228 VND Billion | 42.851 B USD 3Q/20
GDP From Transport  72787 VND Billion | 3.147 B USD 3Q/20
GDP From Utilities  16489 VND Billion | 0.713 B USD 3Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 57.5 % 2018
Government Budget Value -203441 VND Billion | -8.795 USD Billion 2019
Government Spending 390051 VND Billion | 16.862 USD Billion 2019
Government Revenues 1551074 VND Billion | 67.053 USD Billion 2019
Fiscal Expenditure  1754515 VND Billion | 75.847 B USD 2019
Government Budget to GDP -4.4 % 2019
Military Expenditure 5451 USD Million | 5.451 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 103 index points Nov/20
Export Prices 108 Index Points 2019
Food Inflation 6.08 % Nov/20
Gasoline Prices 0.62 USD/Liter Nov/20
GDP Deflator 161 Index Points 2019
Import Prices 107 Index Points 2019
Inflation Rate YoY 1.48 % Nov/20
Producer Prices 99.05 index points 3Q/20
Inflation Rate Mom 0.08 % Nov/20
Core Inflation Rate 1.61 % Nov/20
CPI Transportation 80.17 Index Points Nov/20


Trade Indicators

Indicator Data Period
Current Account to GDP 5 % 2019
Balance of Trade 0.6 USD Million | 0.001 USD Billion Nov/20
Capital Flows 309 USD Million | 0.309 USD Billion 2Q/20
Current Account -323 USD Million | -0.323 USD Billion 2Q/20
Exports 24.8 USD Million | 0.025 USD Billion Nov/20
External Debt 108118 USD Million | 108.118 B USD 2019
Foreign Exchange Reserves 84119 USD Million | 84.119 USD Billion 2020
Imports 24.2 USD Million | 0.024 USD Billion Nov/20
Terms of Trade  102 Index Points 2019
Tourist Arrivals 17.7 Thousand Persons | 0.018 Million Persons Nov/20


Money Indicators

Indicator Data Period
Interbank Rate 1.22 % Dec/20
Interest Rate 4 % Sep/20
Money Supply M0 1198095 VND Billion | 51.793 B USD 2019
Money Supply M1 2456665 VND Billion | 106.201 B USD 2019
Money Supply M2 10573725 VND Billion | 457.101 B USD 2019
Deposit Interest Rate 4.78 % 2020
Foreign Direct Investment 17.2 USD Billion Nov/20


Labor Indicators

Indicator Data Period
Minimum Wages 4420 VND Thou/Month | 191.076 USD/Month 2020
Retirement Age Men 60 2019
Retirement Age Women 55 2019
Unemployment Rate 2.73 % 2Q/20
Wages 6340 VND Thou/Month | 274.077 USD/Month 2Q/20
Youth Unemployment Rate 6.98 % 2Q/20
Employed Persons 53.15 Million Person 2Q/20
Labor Force Participation Rate 76.6 % 4Q/18
Living Wage Family 7763600 VND/Month | 334.37 USD/Month 2018
Living Wage Individual 4752300 VND/Month | 204.676 USD/Month 2018
Unemployed Persons 1.1 Million Persons 4Q/19
Wages High Skilled 10825600 VND/Month | 466.246 USD/Month 2018
Wages in Manufacturing 6154 VND Thousand/Month | 266.037 USD/Month 2Q/20
Wages Low Skilled  5372100 VND/Month | 231.37 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 188 BBL/D/1K Jul/20
Electricity Production 20200 GWh Oct/20
Industrial Production 9.2 % Nov/20
Mining Production -5.2 % Sep/20


Business Indicators

Indicator Data Period
Corruption Index 37 index points 2019
Corruption Rank 96 place 2019
Ease of Doing Business 70 place 2019
Manufacturing PMI 49.9 index points Nov/20
Manufacturing Production 4.7 % Sep/20
Competitiveness Index 61.54 Index Points 2019
Competitiveness Rank 67 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 117 index points 2Q/20
Retail Sales MoM 5.4 % Sep/20
Retail Sales YoY 8.5 % Nov/20
Consumer Spending 4115186 VND Billion | 177.899 B USD 2019


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
84.119
USD Billion
#34 from 114 countries


Government Budget Value
balance_icon
-8.795
USD Billion
#98 from 113 countries
Inflation Rate
inflation_icon
1.48
%
#87 from 174 countries


Interest Rate
discount_rate_icon
4
%
#52 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
2.73
%
#154 from 171 countries
Wages
salary_icon
274.077
USD/Month
#73 from 82 countries


Retirement Age
man_icon
woman_icon
60
55
men
women
Taxes
company_icon
private_icon
20%
35%
company profits
income of individuals