Vietnam Public Consumption: % of GDP

2010 - 2022 | Yearly | % | CEIC Data

Key information about Vietnam Public Consumption: % of GDP

  • Vietnam Public Consumption accounted for 9.0 % of its Nominal GDP in Dec 2022, compared with a share of 9.6 % in the previous year.
  • Vietnam Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 2010 to Dec 2022, with an average number of 10.1 %.
  • The data reached an all-time high of 10.9 % in Dec 2013 and a record low of 9.0 % in Dec 2022.

CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. General Statistics Office provides Government Consumption Expenditure and Nominal GDP in local currency.


Related information about Vietnam Public Consumption: % of GDP

  • In the latest reports, Vietnam GDP expanded 11.8 % YoY in Dec 2022.
  • Vietnam Nominal GDP reached 362.6 USD bn in Dec 2021.
  • Its GDP deflator (implicit price deflator) increased 3.9 % in Sep 2022.
  • Vietnam GDP Per Capita reached 3,716.8 USD in Dec 2021.
  • Its Gross Savings Rate was measured at 36.1 % in Dec 2022.
  • For Nominal GDP contributions, Investment accounted for 33.4 % in Dec 2022.
  • Private Consumption accounted for 54.9 % in Dec 2022.

View Vietnam's Public Consumption: % of GDP from 2010 to 2022 in the chart:

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Vietnam Public Consumption: % of GDP
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Vietnam Public Consumption: % of GDP

What was Vietnam's Public Consumption: % of GDP in 2022?

Vietnam Public Consumption accounted for 9.0 % of its Nominal GDP in Dec 2022, compared with a share of 9.6 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
9.0 2022 9.6 2021 9.0 2022 10.9 2013 % yearly 2010 - 2022

Public Consumption: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 9.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 16.9 2023 yearly 1950 - 2023
Argentina (%) 15.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Armenia (%) 8.9 Mar 2024 quarterly Dec 1994 - Mar 2024
Australia (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 20.7 Jun 2023 quarterly Mar 1988 - Jun 2023
Azerbaijan (%) 16.4 Dec 2023 quarterly Mar 2001 - Dec 2023
Bahrain (%) 15.8 2021 yearly 1975 - 2021
Bangladesh (%) 5.7 2023 yearly 1973 - 2023
Belarus (%) 18.9 Dec 2023 quarterly Mar 1994 - Dec 2023
Belgium (%) 24.5 Dec 2023 quarterly Mar 1980 - Dec 2023
Bolivia (%) 21.5 Dec 2023 quarterly Mar 1990 - Dec 2023
Bosnia and Herzegovina (%) 20.0 Dec 2023 quarterly Mar 2008 - Dec 2023
Botswana (%) 31.8 Dec 2023 quarterly Mar 2006 - Dec 2023
Brazil (%) 21.0 Dec 2023 quarterly Mar 1996 - Dec 2023
Brunei (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 7.4 2022 yearly 1993 - 2022
Canada (%) 21.2 Dec 2023 quarterly Mar 1961 - Dec 2023
Chile (%) 15.7 Dec 2023 quarterly Mar 1996 - Dec 2023
China (%) 15.9 2021 yearly 1952 - 2021
Colombia (%) 12.4 Mar 2024 quarterly Mar 2005 - Mar 2024
Croatia (%) 23.4 Mar 2024 quarterly Mar 1995 - Mar 2024
Cyprus (%) 22.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Czech Republic (%) 22.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 22.8 Dec 2023 quarterly Mar 1990 - Dec 2023
Ecuador (%) 13.3 Dec 2023 quarterly Mar 1991 - Dec 2023
Egypt (%) 6.0 Dec 2023 quarterly Sep 2001 - Dec 2023
Estonia (%) 23.5 Dec 2023 quarterly Mar 1993 - Dec 2023
European Union (%) 22.0 Dec 2023 quarterly Mar 1995 - Dec 2023
Finland (%) 23.8 Dec 2022 quarterly Mar 1975 - Dec 2022
France (%) 22.9 Mar 2024 quarterly Mar 1980 - Mar 2024
Georgia (%) 12.7 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (%) 22.6 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (%) 5.9 2023 yearly 2006 - 2023
Greece (%) 21.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Hong Kong SAR, China (%) 13.7 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (%) 19.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Iceland (%) 27.5 Dec 2023 quarterly Mar 1995 - Dec 2023
India (%) 8.5 Dec 2023 quarterly Jun 1996 - Dec 2023
Indonesia (%) 9.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (%) 10.7 Sep 2023 quarterly Jun 1988 - Sep 2023
Ireland (%) 11.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Israel (%) 26.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (%) 19.6 Dec 2023 quarterly Mar 1980 - Dec 2023
Ivory Coast (%) 9.6 2023 yearly 1960 - 2023
Japan (%) 20.4 Mar 2023 quarterly Mar 1980 - Mar 2023
Jordan (%) 18.4 2022 yearly 1963 - 2022
Kazakhstan (%) 8.7 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 12.3 2022 yearly 1960 - 2022
South Korea (%) 17.6 Dec 2023 quarterly Mar 1960 - Dec 2023
Kosovo (%) 13.0 Dec 2022 quarterly Mar 2010 - Dec 2022
Kuwait (%) 24.8 2019 yearly 1962 - 2019
Kyrgyzstan (%) 17.9 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 14.0 2016 yearly 2000 - 2016
Latvia (%) 22.8 Dec 2023 quarterly Mar 1992 - Dec 2023
Lebanon (%) 15.7 2020 yearly 1990 - 2020
Lithuania (%) 20.0 Dec 2023 quarterly Mar 1993 - Dec 2023
Luxembourg (%) 22.4 Dec 2023 quarterly Mar 1995 - Dec 2023
Macau SAR, China (%) 14.6 Dec 2023 quarterly Mar 1998 - Dec 2023
North Macedonia (%) 17.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Malawi (%) 13.9 2019 yearly 1960 - 2019
Malaysia (%) 11.2 Mar 2024 quarterly Mar 1991 - Mar 2024
Malta (%) 18.8 Dec 2023 quarterly Mar 1992 - Dec 2023
Mauritius (%) 12.5 Dec 2023 quarterly Mar 1999 - Dec 2023
Mexico (%) 10.9 Sep 2023 quarterly Mar 1993 - Sep 2023
Moldova (%) 18.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Mongolia (%) 20.1 Dec 2022 quarterly Mar 2010 - Dec 2022
Montenegro (%) 13.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (%) 18.4 Dec 2023 quarterly Mar 2007 - Dec 2023
Mozambique (%) 16.7 2022 yearly 1963 - 2022
Nepal (%) 6.3 2024 yearly 1975 - 2024
Netherlands (%) 24.3 Mar 2023 quarterly Mar 1977 - Mar 2023
New Zealand (%) 20.7 Dec 2023 quarterly Jun 1987 - Dec 2023
Nigeria (%) 4.4 2022 yearly 1981 - 2022
Norway (%) 23.0 Mar 2024 quarterly Mar 1978 - Mar 2024
Oman (%) 17.9 2022 yearly 1980 - 2022
Pakistan (%) 9.7 2023 yearly 1960 - 2023
Palestinian Territory (%) 20.1 Dec 2023 quarterly Mar 2011 - Dec 2023
Panama (%) 13.7 2021 yearly 1996 - 2021
Paraguay (%) 13.6 Dec 2023 quarterly Mar 1994 - Dec 2023
Peru (%) 14.9 Dec 2023 quarterly Mar 1980 - Dec 2023
Philippines (%) 13.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 20.4 Dec 2023 quarterly Mar 1995 - Dec 2023
Portugal (%) 20.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Qatar (%) 13.1 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 16.8 Dec 2023 quarterly Mar 1995 - Dec 2023
Russia (%) 17.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (%) 27.6 Dec 2023 quarterly Mar 2003 - Dec 2023
Serbia (%) 16.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Singapore (%) 10.2 2023 yearly 1960 - 2023
Slovakia (%) 24.6 Dec 2022 quarterly Mar 1990 - Dec 2022
Slovenia (%) 21.0 Mar 2024 quarterly Mar 1995 - Mar 2024
South Africa (%) 19.8 Dec 2023 quarterly Mar 1960 - Dec 2023
Spain (%) 19.2 Mar 2023 quarterly Mar 1980 - Mar 2023
Sri Lanka (%) 5.9 Mar 2023 quarterly Mar 2010 - Mar 2023
Sudan (%) 17.9 2022 yearly 1960 - 2022
Sweden (%) 25.8 Dec 2022 quarterly Mar 1980 - Dec 2022
Switzerland (%) 11.4 Dec 2023 quarterly Mar 1980 - Dec 2023
Syria (%) 10.9 2021 yearly 1963 - 2021

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Vietnam Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.4 2021 yearly 2010 - 2021
Tax Revenue (USD mn) 17,229.271 Mar 2024 quarterly Mar 2005 - Mar 2024
Tax Revenue: % of GDP (%) 11.6 2023 yearly 2010 - 2023
National Government Debt (USD mn) 137,176.1 2022 yearly 2010 - 2022
Government Debt: % of GDP (%) 34.2 2022 yearly 2010 - 2022
Forecast: Government Expenditure (VND bn) 3,847,663.157 2029 yearly 1998 - 2029
Forecast: Government Net Debt (VND bn) 4,962,723.370 2028 yearly 2000 - 2028
Forecast: Government Revenue (VND bn) 3,244,030.930 2028 yearly 1998 - 2028
State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) 30,637.100 Mar 2024 quarterly Dec 2004 - Mar 2024
State Govt Budget: ytd: Expenditure excl Principal Payment (VND bn) 393,495.000 Mar 2024 quarterly Dec 2004 - Mar 2024
State Govt Budget: ytd: Expenditure: Current (VND bn) 303,620.000 Mar 2024 quarterly Dec 2004 - Mar 2024
State Govt Budget: ytd: Revenue (VND bn) 539,539.600 Mar 2024 quarterly Dec 2004 - Mar 2024
State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) 125,801.300 Mar 2024 quarterly Dec 2004 - Mar 2024
GD: Outstanding: External: VND (VND bn) 974,993.410 2022 yearly 2002 - 2022
GD: Outstanding: Domestic: VND (VND bn) 2,273,475.050 2022 yearly 2010 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 9.484 2028 yearly 1980 - 2028
Trade Balance (USD mn) 1,066.2 Apr 2024 monthly Jan 1996 - Apr 2024
Total Exports (USD mn) 31,052.7 Apr 2024 monthly Jan 1997 - Apr 2024
Total Exports Growth (%) 10.2 Apr 2024 monthly Jan 1998 - Apr 2024
Aluminum: Exports (USD th) 1,316,002.666 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 181,327.032 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 57,511.959 2022 yearly 1995 - 2022
Total Imports (USD mn) 29,986.5 Apr 2024 monthly Jan 1997 - Apr 2024
Total Imports Growth (%) 18.8 Apr 2024 monthly Jan 1998 - Apr 2024
Imports: Medicament (USD th) 2,471,771.739 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,625,053.469 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 8,978.778 Apr 2024 monthly Jan 1990 - Apr 2024
Total Imports from USA (USD mn) 1,119.320 Apr 2024 monthly Jan 1990 - Apr 2024
Total Exports to China (USD mn) 4,524.844 Apr 2024 monthly Jan 2013 - Apr 2024
Total Imports from China (USD mn) 11,516.246 Apr 2024 monthly Jan 1991 - Apr 2024
Exports: Australia (USD) 293,830,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Canada (USD) 314,331,082.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: China (USD) 2,888,701,593.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Japan (USD) 1,467,599,017.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: United States (USD) 4,562,588,364.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: ytd: Aqua Products (USD mn) 2,718.869 Apr 2024 monthly Apr 1998 - Apr 2024
Exports: ytd: Footwear (USD mn) 6,638.745 Apr 2024 monthly Apr 1998 - Apr 2024
Exports: ytd: Textiles and Garments (USD mn) 10,416.348 Apr 2024 monthly Apr 1998 - Apr 2024
Exports: ytd: Crude Oil (USD mn) 814.536 Apr 2024 monthly Dec 1999 - Apr 2024
Exports: ytd: Rice (USD mn) 2,037.172 Apr 2024 monthly Dec 1999 - Apr 2024
Imports: China (USD) 6,536,188,277.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Thailand (USD) 1,010,176,779.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Singapore (USD) 370,217,737.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Australia (USD) 388,919,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: United States of America (USD) 1,363,320,562.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: ytd: Garments (USD mn) 4,492.547 Apr 2024 monthly Dec 1999 - Apr 2024
Imports: ytd: Computers, Electronic Product (USD mn) 31,649.746 Apr 2024 monthly Dec 1999 - Apr 2024
Imports: ytd: Machinery and Spare Parts (USD mn) 14,133.539 Apr 2024 monthly Jan 1998 - Apr 2024
Imports: ytd: Steel Products (USD mn) 3,885.596 Apr 2024 monthly Mar 2000 - Apr 2024
Imports: ytd: Petroleum (USD mn) 3,065.620 Apr 2024 monthly Mar 2000 - Apr 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 50.0 Dec 2023 quarterly Dec 2005 - Dec 2023
Current Account Balance (USD mn) 6,375.0 Dec 2023 quarterly Mar 1996 - Dec 2023
Current Account Balance: % of GDP (%) 6.6 2023 yearly 2010 - 2023
Foreign Direct Investment (USD mn) 5,830.0 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Direct Investment: % of GDP (%) 4.3 2023 yearly 1985 - 2023
Foreign Portfolio Investment (USD mn) -650.000 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.3 Mar 2022 quarterly Mar 2021 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -98.0 Dec 2014 quarterly Mar 2005 - Dec 2014
Foreign Portfolio Investment: Debt Securities (USD mn) -83.000 Dec 2014 quarterly Mar 2005 - Dec 2014
External Debt (USD mn) 144,857.6 2022 yearly 2010 - 2022
External Debt: % of GDP (%) 36.1 2022 yearly 2010 - 2022
External Debt: Short Term (USD mn) 33,233.0 2021 yearly 1981 - 2021
External Debt: Short Term: % of GDP (%) 9.3 2022 yearly 1985 - 2022
Forecast: Current Account Balance (USD bn) 5.931 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 34.200 2022 yearly 2010 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Dec 2023 quarterly Dec 2011 - Dec 2023
Money Supply M1 (USD mn) 140,458.600 Nov 2023 monthly Dec 2000 - Nov 2023
Money Supply M2 (USD mn) 576,744.956 Sep 2023 monthly Dec 2000 - Sep 2023
M2 Growth (%) 10.2 Nov 2023 monthly Dec 2001 - Nov 2023
Reserve Requirement Ratio (%) 3.0 Apr 2024 monthly Feb 2010 - Apr 2024
Foreign Exchange Reserves (USD mn) 85,801.6 Feb 2023 monthly Jan 1995 - Feb 2023
Foreign Exchange Reserves: % of GDP (%) 3.000 Mar 2024 monthly Feb 2010 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 3.0 Nov 2023 monthly Mar 1997 - Nov 2023
Gold Reserves (USD mn) 666.030 Nov 2023 monthly Jan 1995 - Nov 2023
Domestic Credit (USD mn) 548,147.2 Nov 2023 monthly Dec 1992 - Nov 2023
Domestic Credit Growth (%) 9.9 Sep 2023 monthly Dec 1993 - Sep 2023
Total Loans (USD mn) 561,718.920 Jan 2024 monthly Apr 2012 - Jan 2024
Total Loans Growth (%) 11.98 Feb 2024 monthly Apr 2013 - Feb 2024
Private Debt: % of Nominal GDP (%) 128.68 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Reserves: Total Include Gold (USD mn) 90,082.297 Sep 2023 quarterly Mar 1995 - Sep 2023
Foreign Reserves: Foreign Exchange (USD mn) 87,629.420 Sep 2023 quarterly Mar 1995 - Sep 2023
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.543 2019 yearly 2017 - 2019

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