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:
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 (%) | 6.526 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Algeria (%) | 6.213 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Argentina (%) | 208.098 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Armenia (%) | 6.354 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Australia (%) | 3.547 Sep 2024 | quarterly | Sep 1960 - Sep 2024 |
| Austria (%) | 1.603 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Azerbaijan (%) | 6.075 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Bahrain (%) | 2.392 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.274 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Belgium (%) | 3.003 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Bolivia (%) | 5.208 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Bosnia and Herzegovina (%) | 1.927 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Botswana (%) | 0.082 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
| Brazil (%) | 7.961 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Brunei (%) | 1.005 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Bulgaria (%) | 10.494 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.311 Sep 2024 | quarterly | Mar 1958 - Sep 2024 |
| Chile (%) | 9.139 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| China (%) | 4.042 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Colombia (%) | 8.580 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Croatia (%) | 8.670 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Cyprus (%) | 5.660 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Czech Republic (%) | 5.386 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Denmark (%) | 7.466 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Ecuador (%) | 3.653 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Egypt (%) | 37.605 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Estonia (%) | 3.955 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 4.321 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Finland (%) | 1.977 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| France (%) | 3.743 Sep 2024 | quarterly | Mar 1950 - Sep 2024 |
| Georgia (%) | 15.756 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Germany (%) | 2.440 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Ghana (%) | 30.729 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Greece (%) | 5.660 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Hong Kong SAR, China (%) | 6.069 Sep 2024 | quarterly | Mar 1974 - Sep 2024 |
| Hungary (%) | 6.245 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Iceland (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| India (%) | 8.043 Sep 2024 | quarterly | Jun 1997 - Sep 2024 |
| Indonesia (%) | 6.495 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | -1.208 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Israel (%) | 5.029 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Italy (%) | 4.543 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 2.883 Sep 2024 | quarterly | Mar 1981 - Sep 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 (%) | 4.972 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Kosovo (%) | 6.248 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 11.819 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 3.064 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 5.909 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Luxembourg (%) | 4.729 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 6.202 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| North Macedonia (%) | 6.209 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
| Malaysia (%) | 5.933 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Malta (%) | 7.995 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Mauritius (%) | 9.785 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mexico (%) | 6.870 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Moldova (%) | 12.440 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Mongolia (%) | 14.383 Sep 2024 | quarterly | Mar 2001 - Sep 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 (%) | 5.983 Sep 2024 | quarterly | Mar 1989 - Sep 2024 |
| New Zealand (%) | 1.644 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 17.265 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Norway (%) | 3.498 Sep 2024 | quarterly | Mar 1979 - Sep 2024 |
| Oman (%) | 3.409 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Pakistan (%) | 25.810 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -26.929 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Panama (%) | 2.051 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Paraguay (%) | 6.257 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 8.515 Sep 2024 | quarterly | Mar 1982 - Sep 2024 |
| Poland (%) | 5.845 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | 1.759 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Romania (%) | 10.092 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 1.031 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Serbia (%) | 9.102 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Singapore (%) | 8.423 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| Slovakia (%) | 4.392 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Slovenia (%) | 3.950 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| South Africa (%) | 4.400 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Spain (%) | 6.777 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
| Sri Lanka (%) | 8.262 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 3.008 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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Learn more about what we doVietnam Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.1 2022 | yearly | 2010 - 2022 |
| Tax Revenue (USD mn) | 11,082.351 Dec 2024 | quarterly | Mar 2005 - Dec 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 |
| GD: Outstanding: External: VND (VND bn) | 960,418.980 2023 | yearly | 2002 - 2023 |
| GD: Outstanding: Domestic: VND (VND bn) | 2,467,627.300 2023 | yearly | 2010 - 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 9.484 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,066.5 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| Total Exports (USD mn) | 33,733.8 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Total Exports Growth (%) | 8.2 Nov 2024 | monthly | Jan 1998 - Nov 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) | 32,667.2 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Total Imports Growth (%) | 9.8 Nov 2024 | monthly | Jan 1998 - Nov 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) | 10,149.670 Nov 2024 | monthly | Jan 1990 - Nov 2024 |
| Total Imports from USA (USD mn) | 1,272.860 Nov 2024 | monthly | Jan 1990 - Nov 2024 |
| Total Exports to China (USD mn) | 5,021.095 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
| Total Imports from China (USD mn) | 12,837.128 Nov 2024 | monthly | Jan 1991 - Nov 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: United States (USD) | 4,562,588,364.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: Japan (USD) | 1,467,599,017.000 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) | 9,167.944 Nov 2024 | monthly | Apr 1998 - Nov 2024 |
| Exports: ytd: Footwear (USD mn) | 20,758.615 Nov 2024 | monthly | Apr 1998 - Nov 2024 |
| Exports: ytd: Rice (USD mn) | 5,302.947 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Exports: ytd: Textiles and Garments (USD mn) | 33,650.673 Nov 2024 | monthly | Apr 1998 - Nov 2024 |
| Exports: ytd: Crude Oil (USD mn) | 1,618.899 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: United States of America (USD) | 1,363,320,562.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: Thailand (USD) | 1,010,176,779.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: Australia (USD) | 388,919,219.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: Singapore (USD) | 370,217,737.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: China (USD) | 6,536,188,277.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: ytd: Garments (USD mn) | 13,572.827 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: ytd: Machinery and Spare Parts (USD mn) | 44,209.466 Nov 2024 | monthly | Jan 1998 - Nov 2024 |
| Imports: ytd: Petroleum (USD mn) | 7,152.490 Nov 2024 | monthly | Mar 2000 - Nov 2024 |
| Imports: ytd: Steel Products (USD mn) | 11,505.779 Nov 2024 | monthly | Mar 2000 - Nov 2024 |
| Imports: ytd: Computers, Electronic Product (USD mn) | 97,731.007 Nov 2024 | monthly | Dec 1999 - Nov 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) | 170.0 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Current Account Balance (USD mn) | 7,778.0 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Current Account Balance: % of GDP (%) | 6.6 2023 | yearly | 2010 - 2023 |
| Foreign Direct Investment (USD mn) | 5,170.0 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 4.3 2023 | yearly | 1985 - 2023 |
| Foreign Portfolio Investment (USD mn) | -836.000 Sep 2024 | quarterly | Dec 2005 - Sep 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 Dec 2024 | monthly | Feb 2010 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 85,801.6 Feb 2023 | monthly | Jan 1995 - Feb 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 3.000 Dec 2024 | monthly | Feb 2010 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.6 Sep 2024 | monthly | Mar 1997 - Sep 2024 |
| Gold Reserves (USD mn) | 866.890 Sep 2024 | monthly | Jan 1995 - Sep 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) | 614,517.220 Sep 2024 | monthly | Apr 2012 - Sep 2024 |
| Total Loans Growth (%) | 16.08 Sep 2024 | monthly | Apr 2013 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 128.68 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Foreign Reserves: Total Include Gold (USD mn) | 85,153.168 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Foreign Reserves: Foreign Exchange (USD mn) | 82,344.140 Sep 2024 | quarterly | Mar 1995 - Sep 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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National Accounts
GDP: by Expenditure: Current Price
GDP by Industry: Current Price: VSIC 2007: Annual
GDP: Deflator
GRDP by Industry: Hanoi: Current Price: VSIC 2007: Annual
Gross Domestic Product: By Expenditure: 1994 Price
Gross Domestic Product: By Expenditure: Current Price
Gross Domestic Product: By Industry: 2010 Price: Quarterly
Gross Domestic Product: By Industry: Current Price: Quarterly
Gross Domestic Product: By Industry: Current Price: VSIC 2007
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Hanoi: By Industry: 2010 Price: VSIC 2007
Gross Domestic Product: Hanoi: By Industry: Current Price: VSIC 2007
Gross Domestic Product: Ho Chi Minh City: 1994 Price: VSIC 1993
Gross Domestic Product: Ho Chi Minh City: Current Price: VSIC 2007
Gross Domestic Product: Index: PY=100: 2010 Price
Gross Domestic Product: Nominal
Gross Domestic Product: Real
GDP: by Expenditure: 2010 Price
GDP by Industry: 2010 Price: VSIC 2007: Annual
GDP: by Industry: VSIC 2007: Current Price: Quarterly: Year To Date
GRDP by Industry: Hanoi: 2010 Price: VSIC 2007: Annual
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: By Industry: 1994 Price: VSIC 2007
Gross Domestic Product: By Industry: 2010 Price: Quarterly: YoY ytd Growth
Gross Domestic Product: By Industry: Current Price: VSIC 1993
Gross Domestic Product: By Ownership
Gross Domestic Product: Hanoi: By Industry: 1994 Price: VSIC 2007
Gross Domestic Product: Hanoi: By Industry: 2010 Price: VSIC 2007: Quarterly
Gross Domestic Product: Hanoi: Quarterly
Gross Domestic Product: Ho Chi Minh City: 2010 Price: VSIC 2007
Gross Domestic Product: Ho Chi Minh City: Quarterly
Gross Domestic Product: Index: PY=100: VSIC 2007
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP