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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
77 Corruption rank#107
70 Ease of doing business#68
Vietnam


Vietnam Major Economic Indicators

Indicator Data Period
GDP Value 366 USD Billion 2021
GDP Annual Growth Rate 5.92 % 4Q/22
GDP Growth Rate 6.88 % 3Q/18
GDP per capita 3409 USD 2021
Inflation Rate YoY 4.31 % Feb/23
Interest Rate 6 % Mar/23
Unemployment Rate 2.32 % 4Q/22
Wages 6800 VND Thou/Month | 288.286 USD/Month 4Q/22
Balance of Trade 2.3 USD Million | 0.002 B USD Feb/23
Current Account 1520 USD Million | 1.52 B USD 3Q/22
Foreign Exchange Reserves 83475 USD Million | 83.475 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 366 USD Billion 2021
GDP Annual Growth Rate 5.92 % 4Q/22
GDP Growth Rate 6.88 % 3Q/18
GDP per capita 3409 USD 2021
Gross National Product 8025800 VND Billion | 340.254 B USD 2021
GDP Constant Prices 5545716 VND Billion | 235.111 B USD 4Q/22
GDP per capita PPP 10628 USD 2021
GDP From Agriculture  604112 VND Billion | 25.611 B USD 4Q/22
GDP From Construction  363331 VND Billion | 15.403 B USD 4Q/22
GDP From Manufacturing  1299866 VND Billion | 55.108 B USD 4Q/22
GDP From Mining  156571 VND Billion | 6.638 B USD 4Q/22
GDP From Public Administration  111068 VND Billion | 4.709 B USD 4Q/22
GDP From Services  2397519 VND Billion | 101.643 B USD 4Q/22
GDP From Transport  299265 VND Billion | 12.687 B USD 4Q/22
GDP From Utilities  30155 VND Billion | 1.278 B USD 4Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 39.6 % 2021
Government Budget Value -286487 VND Billion | -12.146 USD Billion 2021
Government Spending 784652 VND Billion | 33.265 USD Billion 2021
Government Revenues 1568453 VND Billion | 66.495 USD Billion 2021
Fiscal Expenditure  1854940 VND Billion | 78.64 B USD 2021
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) 111 index points Feb/23
Export Prices 119 Index Points 2021
Food Inflation 3.74 % Jan/23
Gasoline Prices 0.95 USD/Liter Feb/23
GDP Deflator 164 Index Points 2021
Import Prices 127 Index Points 2021
Inflation Rate YoY 4.31 % Feb/23
Producer Prices 103 index points 4Q/22
Inflation Rate Mom 0.45 % Feb/23
Core Inflation Rate 4.96 % Feb/23
CPI Transportation 110 Index Points Feb/23


Trade Indicators

Indicator Data Period
Current Account to GDP -0.5 % 2021
Balance of Trade 2.3 USD Million | 0.002 USD Billion Feb/23
Capital Flows -4932 USD Million | -4.932 USD Billion 3Q/22
Current Account 1520 USD Million | 1.52 USD Billion 3Q/22
Exports 25.88 USD Million | 0.026 USD Billion Feb/23
External Debt 139499 USD Million | 139.499 B USD 2021
Foreign Exchange Reserves 83475 USD Million | 83.475 USD Billion 2022
Imports 23.58 USD Million | 0.024 USD Billion Feb/23
Terms of Trade  101 Index Points 2021
Tourist Arrivals 933 Thousand Persons | 0.933 Million Persons Feb/23


Money Indicators

Indicator Data Period
Interbank Rate 6.65 % Mar/23
Interest Rate 6 % Mar/23
Money Supply M0 1519726 VND Billion | 64.429 B USD 2021
Money Supply M1 3528607 VND Billion | 149.595 B USD 2021
Money Supply M2 13402097 VND Billion | 568.182 B USD 2021
Deposit Interest Rate 3.56 % 2022
Foreign Direct Investment 2.55 USD Billion Feb/23


Labor Indicators

Indicator Data Period
Minimum Wages 4680 VND Thou/Month | 198.409 USD/Month 2022
Retirement Age Men 60.5 2022
Retirement Age Women 55.67 2022
Unemployment Rate 2.32 % 4Q/22
Wages 6800 VND Thou/Month | 288.286 USD/Month 4Q/22
Youth Unemployment Rate 7.7 % 4Q/22
Employed Persons 51 Million Person 4Q/22
Labor Force Participation Rate 68.7 % 3Q/22
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 4Q/22
Wages High Skilled 10825600 VND/Month | 466.246 USD/Month 2018
Wages in Manufacturing 7660 VND Thousand/Month | 324.746 USD/Month 3Q/22
Wages Low Skilled  5372100 VND/Month | 231.37 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 179 BBL/D/1K Nov/22
Electricity Production 18500 GWh Feb/23
Industrial Production 3.6 % Feb/23
Mining Production 7 % Feb/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 51.2 index points Feb/23
Manufacturing Production 3.3 % Feb/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 13.2 % Feb/23
Consumer Spending 4736309 VND Billion | 200.796 B USD 2021