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Economy of Vietnam. Statistics, Data and Indicators

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


Vietnam Major Economic Indicators

Indicator Data Period
GDP Value 271 USD Billion 2020
GDP Annual Growth Rate 6.61 % 2Q/21
GDP Growth Rate 6.88 % 3Q/18
GDP per capita 2123 USD 2020
Inflation Rate YoY 2.4 % Jun/21
Interest Rate 4 % Jun/21
Unemployment Rate 2.37 % 4Q/20
Wages 6340 VND Thou/Month | 275.578 USD/Month 2Q/20
Balance of Trade -1 USD Million | -0.001 B USD Jun/21
Current Account 350 USD Million | 0.35 B USD 1Q/21
Foreign Exchange Reserves 100439 USD Million | 100.439 B USD 2021


GDP
vvp
271
USD Billion
#49 from 174 countries
GDP per capita
vvp
2123
USD
#125 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 271 USD Billion 2020
GDP Annual Growth Rate 6.61 % 2Q/21
GDP Growth Rate 6.88 % 3Q/18
GDP per capita 2123 USD 2020
Gross National Product 5686985 VND Billion | 247.194 B USD 2019
GDP Constant Prices 2443187 VND Billion | 106.197 B USD 2Q/21
GDP per capita PPP 8200 USD 2020
GDP From Agriculture  265008 VND Billion | 11.519 B USD 2Q/21
GDP From Construction  146647 VND Billion | 6.374 B USD 2Q/21
GDP From Manufacturing  591082 VND Billion | 25.692 B USD 2Q/21
GDP From Mining  74796 VND Billion | 3.251 B USD 2Q/21
GDP From Public Administration  47238 VND Billion | 2.053 B USD 2Q/21
GDP From Services  1027529 VND Billion | 44.663 B USD 2Q/21
GDP From Transport  124986 VND Billion | 5.433 B USD 2Q/21
GDP From Utilities  13721 VND Billion | 0.596 B USD 2Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 46.7 % 2020
Government Budget Value -203441 VND Billion | -8.843 USD Billion 2019
Government Spending 390051 VND Billion | 16.954 USD Billion 2019
Government Revenues 1551074 VND Billion | 67.42 USD Billion 2019
Fiscal Expenditure  1754515 VND Billion | 76.263 B USD 2019
Government Budget to GDP -5.8 % 2020
Military Expenditure 5603 USD Million | 5.603 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 105 index points Jun/21
Export Prices 108 Index Points 2019
Food Inflation 4.41 % Jun/21
Gasoline Prices 0.86 USD/Liter Jun/21
GDP Deflator 161 Index Points 2019
Import Prices 107 Index Points 2019
Inflation Rate YoY 2.4 % Jun/21
Producer Prices 103 index points 2Q/21
Inflation Rate Mom 0.17 % Jun/21
Core Inflation Rate 1.14 % Jun/21
CPI Transportation 99.82 Index Points Jun/21


Trade Indicators

Indicator Data Period
Current Account to GDP 5 % 2019
Balance of Trade -1 USD Million | -0.001 USD Billion Jun/21
Capital Flows 5284 USD Million | 5.284 USD Billion 1Q/21
Current Account 350 USD Million | 0.35 USD Billion 1Q/21
Exports 26.5 USD Million | 0.026 USD Billion Jun/21
External Debt 108118 USD Million | 108.118 B USD 2019
Foreign Exchange Reserves 100439 USD Million | 100.439 USD Billion 2021
Imports 27.5 USD Million | 0.028 USD Billion Jun/21
Terms of Trade  102 Index Points 2019
Tourist Arrivals 7.2 Thousand Persons | 0.007 Million Persons Jun/21


Money Indicators

Indicator Data Period
Interbank Rate 1.61 % Jul/21
Interest Rate 4 % Jun/21
Money Supply M0 1198095 VND Billion | 52.077 B USD 2019
Money Supply M1 2456665 VND Billion | 106.783 B USD 2019
Money Supply M2 10573725 VND Billion | 459.604 B USD 2019
Deposit Interest Rate 4.12 % 2020
Foreign Direct Investment 9.24 USD Billion Jun/21


Labor Indicators

Indicator Data Period
Minimum Wages 4420 VND Thou/Month | 192.123 USD/Month 2021
Retirement Age Men 60 2020
Retirement Age Women 55 2020
Unemployment Rate 2.37 % 4Q/20
Wages 6340 VND Thou/Month | 275.578 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/19
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 | 267.494 USD/Month 2Q/20
Wages Low Skilled  5372100 VND/Month | 231.37 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 179 BBL/D/1K Mar/21
Electricity Production 23200 GWh Jun/21
Industrial Production 6.8 % Jun/21
Mining Production -23 % Feb/21


Business Indicators

Indicator Data Period
Corruption Index 36 index points 2020
Corruption Rank 104 place 2020
Ease of Doing Business 70 place 2019
Manufacturing PMI 44.1 index points Jun/21
Manufacturing Production 11.9 % Nov/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 -3.2 % Jun/21
Retail Sales YoY -6.6 % Jun/21
Consumer Spending 4115186 VND Billion | 178.873 B USD 2019


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
100.439
USD Billion
#34 from 114 countries


Government Budget Value
balance_icon
-8.843
USD Billion
#98 from 113 countries
Inflation Rate
inflation_icon
2.4
%
#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
2.37
%
#154 from 171 countries
Wages
salary_icon
275.578
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