Vietnam Nominal GDP Growth

2011 - 2023 | Yearly | % | CEIC Data

Key information about Vietnam Nominal GDP Growth

  • Vietnam Nominal GDP Growth was reported at 7.049 % in Dec 2023.
  • This records a decrease from the previous number of 12.504 % for Dec 2022.
  • Vietnam Nominal GDP Growth data is updated yearly, averaging 9.961 % from Dec 2011 to 2023, with 13 observations.
  • The data reached an all-time high of 29.200 % in 2011 and a record low of 4.375 % in 2020.
  • Vietnam Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Annual.

CEIC calculates annual Nominal GDP Growth from annual Nominal GDP. General Statistics Office provides Nominal GDP in local currency.

View Vietnam's Nominal GDP Growth from 2011 to 2023 in the chart:

Vietnam Nominal GDP Growth

What was Vietnam's Nominal GDP Growth in 2023?

Vietnam Nominal GDP Growth was reported at 7.049 % in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
7.049 2023 12.504 2022 4.375 2020 29.200 2011 % yearly 2011 - 2023

Nominal GDP Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 7.871 Jun 2024 quarterly Mar 2009 - Jun 2024
Algeria (%) 6.213 Mar 2024 quarterly Mar 2000 - Mar 2024
Argentina (%) 250.930 Jun 2024 quarterly Mar 1994 - Jun 2024
Armenia (%) 7.035 Jun 2024 quarterly Dec 1995 - Jun 2024
Australia (%) 4.372 Jun 2024 quarterly Sep 1960 - Jun 2024
Austria (%) 1.388 Jun 2024 quarterly Mar 1996 - Jun 2024
Azerbaijan (%) 2.381 Jun 2024 quarterly Mar 2002 - Jun 2024
Bahrain (%) 2.392 Jun 2024 quarterly Mar 2008 - Jun 2024
Bangladesh (%) 12.407 2024 yearly 2007 - 2024
Belarus (%) 15.793 Jun 2024 quarterly Mar 1995 - Jun 2024
Belgium (%) 4.072 Jun 2024 quarterly Mar 1981 - Jun 2024
Bolivia (%) 0.615 Mar 2024 quarterly Mar 1991 - Mar 2024
Bosnia and Herzegovina (%) 2.641 Jun 2024 quarterly Mar 2009 - Jun 2024
Botswana (%) -2.189 Jun 2024 quarterly Sep 1994 - Jun 2024
Brazil (%) 8.508 Sep 2024 quarterly Mar 1991 - Sep 2024
Brunei (%) 7.833 Jun 2024 quarterly Mar 2005 - Jun 2024
Bulgaria (%) 10.939 Jun 2024 quarterly Mar 1996 - Jun 2024
Cambodia (%) 8.798 2022 yearly 1994 - 2022
Canada (%) 4.866 Jun 2024 quarterly Mar 1958 - Jun 2024
Chile (%) 8.288 Jun 2024 quarterly Mar 1991 - Jun 2024
China (%) 4.042 Sep 2024 quarterly Mar 1993 - Sep 2024
Colombia (%) 3.506 Mar 2024 quarterly Mar 2001 - Mar 2024
Croatia (%) 8.893 Jun 2024 quarterly Mar 1996 - Jun 2024
Cyprus (%) 7.754 Jun 2024 quarterly Mar 1996 - Jun 2024
Czech Republic (%) 4.815 Jun 2024 quarterly Mar 1996 - Jun 2024
Denmark (%) 3.286 Jun 2024 quarterly Mar 1991 - Jun 2024
Ecuador (%) 3.653 Jun 2024 quarterly Mar 1992 - Jun 2024
Egypt (%) 35.403 Jun 2024 quarterly Sep 2002 - Jun 2024
Estonia (%) 2.811 Jun 2024 quarterly Mar 1996 - Jun 2024
European Union (%) 4.061 Jun 2024 quarterly Mar 1996 - Jun 2024
Finland (%) 0.344 Jun 2024 quarterly Mar 1991 - Jun 2024
France (%) 3.743 Sep 2024 quarterly Mar 1950 - Sep 2024
Georgia (%) 12.367 Jun 2024 quarterly Mar 1997 - Jun 2024
Germany (%) 2.535 Sep 2024 quarterly Mar 1961 - Sep 2024
Ghana (%) 29.025 Jun 2024 quarterly Mar 2007 - Jun 2024
Greece (%) 5.123 Jun 2024 quarterly Mar 1996 - Jun 2024
Hong Kong SAR, China (%) 7.581 Jun 2024 quarterly Mar 1974 - Jun 2024
Hungary (%) 9.654 Jun 2024 quarterly Mar 1996 - Jun 2024
Iceland (%) 4.332 Jun 2024 quarterly Mar 1996 - Jun 2024
India (%) 9.666 Jun 2024 quarterly Jun 1997 - Jun 2024
Indonesia (%) 5.995 Jun 2024 quarterly Mar 1994 - Jun 2024
Iran (%) 35.070 Mar 2024 quarterly Jun 1989 - Mar 2024
Ireland (%) -1.208 Jun 2024 quarterly Mar 1996 - Jun 2024
Israel (%) 3.586 Jun 2024 quarterly Mar 1996 - Jun 2024
Italy (%) 1.999 Jun 2024 quarterly Mar 1981 - Jun 2024
Ivory Coast (%) 681.695 Mar 2023 quarterly Mar 1998 - Mar 2023
Japan (%) 2.165 Jun 2024 quarterly Mar 1981 - Jun 2024
Jordan (%) 3.975 Jun 2024 quarterly Mar 1993 - Jun 2024
Kazakhstan (%) 15.632 Dec 2023 quarterly Mar 1995 - Dec 2023
Kenya (%) 7.780 Jun 2024 quarterly Mar 2010 - Jun 2024
South Korea (%) 7.226 Jun 2024 quarterly Mar 1961 - Jun 2024
Kosovo (%) 6.081 Jun 2024 quarterly Mar 2011 - Jun 2024
Kuwait (%) 3.246 Jun 2024 quarterly Mar 2011 - Jun 2024
Kyrgyzstan (%) 18.207 Dec 2023 quarterly Mar 2001 - Dec 2023
Laos (%) 23.128 2023 yearly 1985 - 2023
Latvia (%) 2.096 Jun 2024 quarterly Mar 1996 - Jun 2024
Lebanon (%) 19.333 2020 yearly 1998 - 2020
Lithuania (%) 6.888 Sep 2024 quarterly Mar 1996 - Sep 2024
Luxembourg (%) 2.967 Jun 2024 quarterly Mar 1996 - Jun 2024
Macau SAR, China (%) 7.805 Jun 2024 quarterly Mar 1999 - Jun 2024
North Macedonia (%) 7.276 Jun 2024 quarterly Mar 2001 - Jun 2024
Malawi (%) 10.386 2021 yearly 2003 - 2021
Malaysia (%) 7.452 Jun 2024 quarterly Mar 1992 - Jun 2024
Malta (%) 7.622 Jun 2024 quarterly Mar 2001 - Jun 2024
Mauritius (%) 14.332 Jun 2024 quarterly Mar 2000 - Jun 2024
Mexico (%) 6.070 Jun 2024 quarterly Mar 1994 - Jun 2024
Moldova (%) 4.985 Jun 2024 quarterly Mar 1996 - Jun 2024
Mongolia (%) 22.032 Jun 2024 quarterly Mar 2001 - Jun 2024
Montenegro (%) 7.679 Jun 2024 quarterly Mar 2011 - Jun 2024
Morocco (%) 3.615 Jun 2024 quarterly Mar 2008 - Jun 2024
Mozambique (%) 11.026 2023 yearly 1964 - 2023
Nepal (%) 6.662 2024 yearly 2002 - 2024
Netherlands (%) 6.022 Jun 2024 quarterly Mar 1989 - Jun 2024
New Zealand (%) 3.165 Jun 2024 quarterly Jun 1988 - Jun 2024
Nigeria (%) 16.939 Jun 2024 quarterly Mar 2011 - Jun 2024
Norway (%) 4.266 Jun 2024 quarterly Mar 1979 - Jun 2024
Oman (%) 4.546 Jun 2024 quarterly Mar 2006 - Jun 2024
Pakistan (%) 26.432 2024 yearly 2001 - 2024
Palestinian Territory (%) -34.320 Jun 2024 quarterly Mar 2001 - Jun 2024
Panama (%) 3.631 Jun 2024 quarterly Mar 2008 - Jun 2024
Paraguay (%) 8.679 Jun 2024 quarterly Mar 1995 - Jun 2024
Peru (%) 5.953 Dec 2022 quarterly Mar 1991 - Dec 2022
Philippines (%) 10.136 Jun 2024 quarterly Mar 1982 - Jun 2024
Poland (%) 5.173 Jun 2024 quarterly Mar 1996 - Jun 2024
Portugal (%) 10.841 Dec 2022 quarterly Mar 1996 - Dec 2022
Qatar (%) -10.389 Dec 2023 quarterly Mar 2012 - Dec 2023
Romania (%) 12.512 Jun 2024 quarterly Mar 1996 - Jun 2024
Russia (%) 19.527 Mar 2024 quarterly Mar 1994 - Mar 2024
Saudi Arabia (%) 4.510 Jun 2024 quarterly Mar 2004 - Jun 2024
Serbia (%) 9.510 Jun 2024 quarterly Mar 1996 - Jun 2024
Singapore (%) 7.799 Jun 2024 quarterly Mar 1976 - Jun 2024
Slovakia (%) 7.535 Jun 2024 quarterly Mar 1996 - Jun 2024
Slovenia (%) 2.897 Jun 2024 quarterly Mar 1996 - Jun 2024
South Africa (%) 5.079 Jun 2024 quarterly Mar 1961 - Jun 2024
Spain (%) 6.688 Sep 2024 quarterly Mar 1971 - Sep 2024
Sri Lanka (%) 8.448 Mar 2024 quarterly Mar 2003 - Mar 2024
Sudan (%) 103.797 2020 yearly 1961 - 2020
Sweden (%) 4.356 Jun 2024 quarterly Mar 1981 - Jun 2024
Switzerland (%) 4.113 Dec 2022 quarterly Mar 1981 - Dec 2022
Syria (%) 113.698 2022 yearly 1971 - 2022

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Vietnam Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 2022 yearly 2010 - 2022
Tax Revenue (USD mn) 12,092.166 Sep 2024 quarterly Mar 2005 - Sep 2024
Tax Revenue: % of GDP (%) 11.6 2023 yearly 2010 - 2023
National Government Debt (USD mn) 142,876.9 2023 yearly 2010 - 2023
Government Debt: % of GDP (%) 33.5 2023 yearly 2010 - 2023
Forecast: Government Expenditure (VND bn) 3,619,434.484 2029 yearly 1998 - 2029
Forecast: Government Net Debt (VND bn) 5,339,190.350 2029 yearly 2000 - 2029
Forecast: Government Revenue (VND bn) 3,307,362.390 2029 yearly 1998 - 2029
State Govt Budget: ytd: Expenditure: Current (VND bn) 858,415.000 Sep 2024 quarterly Dec 2004 - Sep 2024
State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) 75,611.000 Sep 2024 quarterly Dec 2004 - Sep 2024
State Govt Budget: ytd: Expenditure excl Principal Payment (VND bn) 1,256,264.000 Sep 2024 quarterly Dec 2004 - Sep 2024
State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) 343,626.100 Sep 2024 quarterly Dec 2004 - Sep 2024
State Govt Budget: ytd: Revenue (VND bn) 1,448,240.400 Sep 2024 quarterly Dec 2004 - Sep 2024
GD: Outstanding: Domestic: VND (VND bn) 2,467,627.300 2023 yearly 2010 - 2023
GD: Outstanding: External: VND (VND bn) 960,418.980 2023 yearly 2002 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 9.484 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,319.2 Sep 2024 monthly Jan 1996 - Sep 2024
Total Exports (USD mn) 34,077.6 Sep 2024 monthly Jan 1997 - Sep 2024
Total Exports Growth (%) 10.8 Sep 2024 monthly Jan 1998 - Sep 2024
Aluminum: Exports (USD th) 1,160,500.129 2023 yearly 1995 - 2023
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) 31,758.5 Sep 2024 monthly Jan 1997 - Sep 2024
Total Imports Growth (%) 11.1 Sep 2024 monthly Jan 1998 - Sep 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) 10,554.851 Oct 2024 monthly Jan 1990 - Oct 2024
Total Imports from USA (USD mn) 1,250.741 Oct 2024 monthly Jan 1990 - Oct 2024
Total Exports to China (USD mn) 6,096.729 Sep 2024 monthly Jan 2013 - Sep 2024
Total Imports from China (USD mn) 12,728.192 Oct 2024 monthly Jan 1991 - Oct 2024
Exports: China (USD) 2,888,701,593.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Australia (USD) 293,830,219.000 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: Canada (USD) 314,331,082.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: ytd: Aqua Products (USD mn) 7,228.923 Sep 2024 monthly Apr 1998 - Sep 2024
Exports: ytd: Footwear (USD mn) 16,537.915 Sep 2024 monthly Apr 1998 - Sep 2024
Exports: ytd: Crude Oil (USD mn) 1,471.725 Sep 2024 monthly Dec 1999 - Sep 2024
Exports: ytd: Textiles and Garments (USD mn) 27,344.646 Sep 2024 monthly Apr 1998 - Sep 2024
Exports: ytd: Rice (USD mn) 4,353.319 Sep 2024 monthly Dec 1999 - Sep 2024
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: 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: ytd: Garments (USD mn) 10,949.021 Sep 2024 monthly Dec 1999 - Sep 2024
Imports: ytd: Computers, Electronic Product (USD mn) 79,115.831 Sep 2024 monthly Dec 1999 - Sep 2024
Imports: ytd: Machinery and Spare Parts (USD mn) 35,418.976 Sep 2024 monthly Jan 1998 - Sep 2024
Imports: ytd: Steel Products (USD mn) 8,972.198 Sep 2024 monthly Mar 2000 - Sep 2024
Imports: ytd: Petroleum (USD mn) 5,933.421 Sep 2024 monthly Mar 2000 - Sep 2024
Export Value Index (2015=100) 207.281 2021 yearly 1980 - 2021
Import Value Index (2015=100) 200.219 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 120.0 Jun 2024 quarterly Dec 2005 - Jun 2024
Current Account Balance (USD mn) 4,510.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Current Account Balance: % of GDP (%) 6.6 2023 yearly 2010 - 2023
Foreign Direct Investment (USD mn) 4,970.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Direct Investment: % of GDP (%) 4.3 2023 yearly 1985 - 2023
Foreign Portfolio Investment (USD mn) -1,614.000 Jun 2024 quarterly Dec 2005 - Jun 2024
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) 139,089.8 2023 yearly 2010 - 2023
External Debt: % of GDP (%) 32.7 2023 yearly 2010 - 2023
External Debt: Short Term (USD mn) 38,154.0 2022 yearly 1981 - 2022
External Debt: Short Term: % of GDP (%) 9.3 2022 yearly 1985 - 2022
Forecast: Current Account Balance (USD bn) 8.843 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 33.500 2023 yearly 2010 - 2023
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) 591,051.206 Nov 2023 monthly Dec 2000 - Nov 2023
M2 Growth (%) 10.2 Nov 2023 monthly Dec 2001 - Nov 2023
Reserve Requirement Ratio (%) 3.0 Oct 2024 monthly Feb 2010 - Oct 2024
Foreign Exchange Reserves (USD mn) 85,801.6 Feb 2023 monthly Jan 1995 - Feb 2023
Foreign Exchange Reserves: % of GDP (%) 3.000 Oct 2024 monthly Feb 2010 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 2.4 Jul 2024 monthly Mar 1997 - Jul 2024
Gold Reserves (USD mn) 766.890 Jul 2024 monthly Jan 1995 - Jul 2024
Domestic Credit (USD mn) 548,147.2 Nov 2023 monthly Dec 1992 - Nov 2023
Domestic Credit Growth (%) 11.5 Nov 2023 monthly Dec 1993 - Nov 2023
Total Loans (USD mn) 601,117.974 Aug 2024 monthly Apr 2012 - Aug 2024
Total Loans Growth (%) 15.67 Aug 2024 monthly Apr 2013 - Aug 2024
Private Debt: % of Nominal GDP (%) 128.68 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Reserves: Total Include Gold (USD mn) 85,455.912 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Reserves: Foreign Exchange (USD mn) 82,877.750 Jun 2024 quarterly Mar 1995 - Jun 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.543 2019 yearly 2017 - 2019

More Indicators for Vietnam

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