Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Economy of Vietnam. Statistics, Data and Indicators

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


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 | 286.489 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 | 370.385 B USD 2022
GDP Constant Prices 4176814 VND Billion | 170.945 B USD 3Q/23
GDP per capita PPP 11397 USD 2022
GDP From Agriculture  439759 VND Billion | 17.998 B USD 3Q/23
GDP From Construction  263971 VND Billion | 10.804 B USD 3Q/23
GDP From Manufacturing  958378 VND Billion | 39.224 B USD 3Q/23
GDP From Mining  116495 VND Billion | 4.768 B USD 3Q/23
GDP From Public Administration  78116 VND Billion | 3.197 B USD 3Q/23
GDP From Services  1840018 VND Billion | 75.307 B USD 3Q/23
GDP From Transport  241303 VND Billion | 9.876 B USD 3Q/23
GDP From Utilities  22937 VND Billion | 0.939 B USD 3Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 37.1 % 2022
Government Budget Value -421321 VND Billion | -17.243 USD Billion 2022
Government Spending 854654 VND Billion | 34.978 USD Billion 2022
Government Revenues 1614059 VND Billion | 66.059 USD Billion 2022
Fiscal Expenditure  2035380 VND Billion | 83.302 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 3.42 % Oct/23
Interest Rate 4.5 % Sep/23
Money Supply M0 1352910 VND Billion | 55.371 B USD 2022
Money Supply M1 3265640 VND Billion | 133.653 B USD 2022
Money Supply M2 14226792 VND Billion | 582.261 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 | 191.539 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 | 286.489 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 | 319.845 USD/Month 2Q/23
Wages Low Skilled  5372100 VND/Month | 231.37 USD/Month 2018


Taxes



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 | 213.902 B USD 2022