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Economy of Vietnam. Statistics, Data and Indicators

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Vietnam
29BB- Credit rank #94
81.09 Quality of life #61
87 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 7.72 % 2Q/22
GDP Growth Rate 6.88 % 3Q/18
GDP per capita 2656 USD 2020
Inflation Rate YoY 3.37 % Jun/22
Interest Rate 4 % May/22
Unemployment Rate 2.46 % 1Q/22
Wages 6400 VND Thou/Month | 273.9 USD/Month 1Q/22
Balance of Trade 0.28 USD Million | 0 B USD Jun/22
Current Account -1541 USD Million | -1.541 B USD 1Q/22
Foreign Exchange Reserves 106329 USD Million | 106.329 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 271 USD Billion 2020
GDP Annual Growth Rate 7.72 % 2Q/22
GDP Growth Rate 6.88 % 3Q/18
GDP per capita 2656 USD 2020
Gross National Product 5930690 VND Billion | 253.815 B USD 2020
GDP Constant Prices 2602382 VND Billion | 111.374 B USD 2Q/22
GDP per capita PPP 8200 USD 2020
GDP From Agriculture  272241 VND Billion | 11.651 B USD 2Q/22
GDP From Construction  153351 VND Billion | 6.563 B USD 2Q/22
GDP From Manufacturing  646768 VND Billion | 27.68 B USD 2Q/22
GDP From Mining  76502 VND Billion | 3.274 B USD 2Q/22
GDP From Public Administration  48542 VND Billion | 2.077 B USD 2Q/22
GDP From Services  1094980 VND Billion | 46.862 B USD 2Q/22
GDP From Transport  135144 VND Billion | 5.784 B USD 2Q/22
GDP From Utilities  14587 VND Billion | 0.624 B USD 2Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 46.7 % 2020
Government Budget Value -280105 VND Billion | -11.988 USD Billion 2020
Government Spending 422452 VND Billion | 18.08 USD Billion 2020
Government Revenues 1507845 VND Billion | 64.531 USD Billion 2020
Fiscal Expenditure  1787950 VND Billion | 76.519 B USD 2020
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) 108 index points Jun/22
Export Prices 107 Index Points 2020
Food Inflation 2.87 % Jun/22
Gasoline Prices 1.33 USD/Liter Jun/22
GDP Deflator 164 Index Points 2020
Import Prices 104 Index Points 2020
Inflation Rate YoY 3.37 % Jun/22
Producer Prices 105 index points 2Q/22
Inflation Rate Mom 0.69 % Jun/22
Core Inflation Rate 1.98 % Jun/22
CPI Transportation 121 Index Points Jun/22


Trade Indicators

Indicator Data Period
Current Account to GDP 5 % 2019
Balance of Trade 0.28 USD Million | 0 USD Billion Jun/22
Capital Flows 3504 USD Million | 3.504 USD Billion 1Q/22
Current Account -1541 USD Million | -1.541 USD Billion 1Q/22
Exports 32.65 USD Million | 0.033 USD Billion Jun/22
External Debt 130119 USD Million | 130.119 B USD 2020
Foreign Exchange Reserves 106329 USD Million | 106.329 USD Billion 2022
Imports 32.37 USD Million | 0.032 USD Billion Jun/22
Terms of Trade  103 Index Points 2020
Tourist Arrivals 237 Thousand Persons | 0.237 Million Persons Jun/22


Money Indicators

Indicator Data Period
Interbank Rate 2.6 % Jul/22
Interest Rate 4 % May/22
Money Supply M0 1280888 VND Billion | 54.818 B USD 2020
Money Supply M1 2627819 VND Billion | 112.463 B USD 2020
Money Supply M2 11485845 VND Billion | 491.559 B USD 2020
Deposit Interest Rate 3.38 % 2021
Foreign Direct Investment 10.06 USD Billion Jun/22


Labor Indicators

Indicator Data Period
Minimum Wages 4680 VND Thou/Month | 200.29 USD/Month 2022
Retirement Age Men 60 2020
Retirement Age Women 55 2020
Unemployment Rate 2.46 % 1Q/22
Wages 6400 VND Thou/Month | 273.9 USD/Month 1Q/22
Youth Unemployment Rate 8.78 % 4Q/21
Employed Persons 53.37 Million Person 4Q/20
Labor Force Participation Rate 67.7 % 4Q/21
Living Wage Family 7763600 VND/Month | 334.37 USD/Month 2018
Living Wage Individual 4752300 VND/Month | 204.676 USD/Month 2018
Unemployed Persons 1.2 Million Persons 4Q/20
Wages High Skilled 10825600 VND/Month | 466.246 USD/Month 2018
Wages in Manufacturing 7139 VND Thousand/Month | 305.527 USD/Month 1Q/21
Wages Low Skilled  5372100 VND/Month | 231.37 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 183 BBL/D/1K Feb/22
Electricity Production 24200 GWh Jun/22
Industrial Production 11.5 % Jun/22
Mining Production 2.7 % Mar/22


Business Indicators

Indicator Data Period
Corruption Index 39 index points 2021
Corruption Rank 87 place 2021
Ease of Doing Business 70 place 2019
Manufacturing PMI 54 index points Jun/22
Manufacturing Production 9.6 % Mar/22
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 27.3 % Jun/22
Consumer Spending 4270222 VND Billion | 182.752 B USD 2020