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:

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

country/region Last Frequency Range
Albania (%) 9.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 16.9 2023 yearly 1950 - 2023
Argentina (%) 14.1 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 11.4 Dec 2024 quarterly Dec 1994 - Dec 2024
Australia (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 22.7 Dec 2024 quarterly Mar 1988 - Dec 2024
Azerbaijan (%) 12.9 Sep 2024 quarterly Mar 2001 - Sep 2024
Bahrain (%) 14.6 2023 yearly 1975 - 2023
Bangladesh (%) 5.9 2024 yearly 1973 - 2024
Belarus (%) 16.3 Sep 2024 quarterly Mar 1994 - Sep 2024
Belgium (%) 24.1 Dec 2024 quarterly Mar 1980 - Dec 2024
Bolivia (%) 19.4 Sep 2024 quarterly Mar 1990 - Sep 2024
Bosnia and Herzegovina (%) 17.1 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 33.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Brazil (%) 21.4 Dec 2024 quarterly Mar 1996 - Dec 2024
Brunei (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 5.9 2022 yearly 1993 - 2022
Canada (%) 20.6 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 14.9 Sep 2024 quarterly Mar 1996 - Sep 2024
China (%) 16.5 2023 yearly 1952 - 2023
Colombia (%) 17.9 Dec 2024 quarterly Mar 2005 - Dec 2024
Croatia (%) 26.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Cyprus (%) 22.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Czech Republic (%) 22.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 22.5 Dec 2024 quarterly Mar 1990 - Dec 2024
Ecuador (%) 13.5 Sep 2024 quarterly Mar 1991 - Sep 2024
Egypt (%) 4.9 Sep 2024 quarterly Sep 2001 - Sep 2024
Estonia (%) 21.6 Dec 2024 quarterly Mar 1993 - Dec 2024
European Union (%) 22.4 Dec 2024 quarterly Mar 1995 - Dec 2024
Finland (%) 23.8 Dec 2022 quarterly Mar 1975 - Dec 2022
France (%) 24.2 Dec 2024 quarterly Mar 1980 - Dec 2024
Georgia (%) 12.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 23.4 Dec 2024 quarterly Mar 1991 - Dec 2024
Ghana (%) 5.9 2023 yearly 2006 - 2023
Greece (%) 19.8 Dec 2024 quarterly Mar 1995 - Dec 2024
Hong Kong SAR, China (%) 13.7 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (%) 19.8 Dec 2024 quarterly Mar 1995 - Dec 2024
Iceland (%) 26.1 Dec 2024 quarterly Mar 1995 - Dec 2024
India (%) 8.7 Dec 2024 quarterly Jun 1996 - Dec 2024
Indonesia (%) 9.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (%) 16.4 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (%) 10.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Israel (%) 24.9 Dec 2024 quarterly Mar 1995 - Dec 2024
Italy (%) 20.6 Dec 2024 quarterly Mar 1980 - Dec 2024
Ivory Coast (%) 10.3 2023 yearly 1960 - 2023
Japan (%) 20.4 Mar 2023 quarterly Mar 1980 - Mar 2023
Jordan (%) 18.3 2023 yearly 1963 - 2023
Kazakhstan (%) 8.7 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 11.9 2023 yearly 1960 - 2023
South Korea (%) 16.4 Dec 2024 quarterly Mar 1960 - Dec 2024
Kosovo (%) 13.0 Dec 2022 quarterly Mar 2010 - Dec 2022
Kuwait (%) 20.7 2022 yearly 1962 - 2022
Kyrgyzstan (%) 17.9 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 14.0 2016 yearly 2000 - 2016
Latvia (%) 22.9 Dec 2024 quarterly Mar 1992 - Dec 2024
Lebanon (%) 6.8 2021 yearly 1990 - 2021
Lithuania (%) 20.6 Dec 2024 quarterly Mar 1993 - Dec 2024
Luxembourg (%) 19.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Macau SAR, China (%) 14.8 Dec 2024 quarterly Mar 1998 - Dec 2024
North Macedonia (%) 16.9 Dec 2024 quarterly Mar 2000 - Dec 2024
Malawi (%) 13.9 2019 yearly 1960 - 2019
Malaysia (%) 14.4 Dec 2024 quarterly Mar 1991 - Dec 2024
Malta (%) 19.8 Dec 2024 quarterly Mar 1992 - Dec 2024
Mauritius (%) 14.3 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 11.1 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 18.9 Dec 2024 quarterly Mar 1995 - Dec 2024
Mongolia (%) 20.1 Dec 2022 quarterly Mar 2010 - Dec 2022
Montenegro (%) 13.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (%) 17.1 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 17.2 2023 yearly 1963 - 2022
Nepal (%) 6.3 2024 yearly 1975 - 2024
Netherlands (%) 24.3 Mar 2023 quarterly Mar 1977 - Mar 2023
New Zealand (%) 22.1 Sep 2024 quarterly Jun 1987 - Sep 2024
Nigeria (%) 4.3 2023 yearly 1981 - 2023
Norway (%) 21.8 Dec 2024 quarterly Mar 1978 - Dec 2024
Oman (%) 19.1 2023 yearly 1980 - 2023
Pakistan (%) 8.5 2024 yearly 1960 - 2024
Palestinian Territory (%) 21.7 Sep 2024 quarterly Mar 2011 - Sep 2024
Panama (%) 13.7 2021 yearly 1996 - 2021
Paraguay (%) 13.0 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 14.7 Dec 2024 quarterly Mar 1980 - Dec 2024
Philippines (%) 13.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 21.4 Dec 2024 quarterly Mar 1995 - Dec 2024
Portugal (%) 20.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Qatar (%) 13.1 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 16.1 Dec 2024 quarterly Mar 1995 - Dec 2024
Russia (%) 17.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (%) 26.3 Dec 2024 quarterly Mar 2003 - Dec 2024
Serbia (%) 18.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Singapore (%) 10.6 2024 yearly 1960 - 2024
Slovakia (%) 24.6 Dec 2022 quarterly Mar 1990 - Dec 2022
Slovenia (%) 20.8 Dec 2024 quarterly Mar 1995 - Dec 2024
South Africa (%) 19.1 Dec 2024 quarterly Mar 1960 - Dec 2024
Spain (%) 19.2 Mar 2023 quarterly Mar 1980 - Mar 2023
Sri Lanka (%) 5.9 Mar 2023 quarterly Mar 2010 - Mar 2023
Sudan (%) 17.4 2023 yearly 1960 - 2023
Sweden (%) 25.8 Dec 2022 quarterly Mar 1980 - Dec 2022
Switzerland (%) 11.6 Dec 2024 quarterly Mar 1980 - Dec 2024
Syria (%) 2.7 2022 yearly 1963 - 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) 11,082.351 Dec 2024 quarterly Mar 2005 - Dec 2024
Tax Revenue: % of GDP (%) 11.4 2024 yearly 2010 - 2024
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: 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) -1,550.0 Feb 2025 monthly Jan 1996 - Feb 2025
Total Exports (USD mn) 31,109.3 Feb 2025 monthly Jan 1997 - Feb 2025
Total Exports Growth (%) 25.7 Feb 2025 monthly Jan 1998 - Feb 2025
Aluminum: Exports (USD th) 1,160,500.129 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 186,436.180 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 69,050.396 2023 yearly 1995 - 2023
Total Imports (USD mn) 32,659.3 Feb 2025 monthly Jan 1997 - Feb 2025
Total Imports Growth (%) 40.0 Feb 2025 monthly Jan 1998 - Feb 2025
Imports: Medicament (USD th) 2,479,427.304 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,183,381.705 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 9,067.677 Feb 2025 monthly Jan 1990 - Feb 2025
Total Imports from USA (USD mn) 1,436.275 Feb 2025 monthly Jan 1990 - Feb 2025
Total Exports to China (USD mn) 4,237.169 Feb 2025 monthly Jan 2013 - Feb 2025
Total Imports from China (USD mn) 11,287.246 Feb 2025 monthly Jan 1991 - Feb 2025
Exports: United States (USD) 4,562,588,364.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: China (USD) 2,888,701,593.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Canada (USD) 314,331,082.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Japan (USD) 1,467,599,017.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Australia (USD) 293,830,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: ytd: Footwear (USD mn) 3,470.877 Feb 2025 monthly Apr 1998 - Feb 2025
Exports: ytd: Textiles and Garments (USD mn) 5,633.925 Feb 2025 monthly Apr 1998 - Feb 2025
Exports: ytd: Aqua Products (USD mn) 1,428.893 Feb 2025 monthly Apr 1998 - Feb 2025
Exports: ytd: Crude Oil (USD mn) 252.710 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: ytd: Rice (USD mn) 674.757 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: China (USD) 6,536,188,277.000 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: Singapore (USD) 370,217,737.000 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: ytd: Computers, Electronic Product (USD mn) 20,147.339 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: ytd: Machinery and Spare Parts (USD mn) 7,786.741 Feb 2025 monthly Jan 1998 - Feb 2025
Imports: ytd: Petroleum (USD mn) 1,105.328 Feb 2025 monthly Mar 2000 - Feb 2025
Imports: ytd: Garments (USD mn) 2,110.994 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: ytd: Steel Products (USD mn) 1,734.580 Feb 2025 monthly Mar 2000 - Feb 2025
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) 35,109.2 2023 yearly 1981 - 2023
External Debt: Short Term: % of GDP (%) 8.2 2023 yearly 1985 - 2023
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 (%) 4.8 Mar 2024 quarterly Dec 2011 - Mar 2024
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 Feb 2025 monthly Feb 2010 - Feb 2025
Foreign Exchange Reserves (USD mn) 85,801.6 Feb 2023 monthly Jan 1995 - Feb 2023
Foreign Exchange Reserves: % of GDP (%) 3.000 Feb 2025 monthly Feb 2010 - Feb 2025
Foreign Exchange Reserves: Months of Import (NA) 2.5 Oct 2024 monthly Mar 1997 - Oct 2024
Gold Reserves (USD mn) 907.530 Oct 2024 monthly Jan 1995 - Oct 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) 641,718.255 Dec 2024 monthly Apr 2012 - Dec 2024
Total Loans Growth (%) 15.09 Dec 2024 monthly Apr 2013 - Dec 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

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