Vietnam Economic Statistics and Indicators

28, Mar 2015, EDT. Welcome to the Vietnam economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Vietnam › Change country
National or Regional Currency: Dong, VND
Year of data: 2014 › Change year
Number of Indicators Listed: 37
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 93,421,835 (July 2014 est.)
Area: total: 331,210 sq km ; land: 310,070 sq km ; water: 21,140 sq km
Natural Resources: phosphates, coal, manganese, rare earth elements, bauxite, chromate, offshore oil and gas deposits, timber, hydropower
Capital: name: Hanoi (Ha Noi) ; geographic coordinates: 21 02 N, 105 51 E ; time difference: UTC+7 (12 hours ahead of Washington, DC, during Standard Time)

Vietnam is a densely-populated developing country that has been transitioning from the rigidities of a centrally-planned economy since 1986. Vietnamese authorities have reaffirmed their commitment to economic modernization in recent years. Vietnam joined the World Trade Organization in January 2007, which has promoted more competitive, export-driven industries. Vietnam became an official negotiating partner in the Trans-Pacific Partnership trade agreement in 2010. Agriculture's share of economic output has continued to shrink from about 25% in 2000 to less than 20% in 2013, while industry's share increased from 36% to more than 42% in the same period. State-owned enterprises account for about 40% of GDP. Poverty has declined significantly, and Vietnam is working to create jobs to meet the challenge of a labor force that is growing by more than one million people every year. The global recession hurt Vietnam's export-oriented economy, with GDP in 2013 growing at 5%, the slowest rate of growth since 1999. In 2013, however, exports increased by more than 12%, year-on-year; several administrative actions brought the trade deficit back into balance. Between 2008 and 2011, Vietnam's managed currency, the dong, was devalued in excess of 20%, but its value remained relatively stable in 2013. Hanoi has oscillated between promoting growth and emphasizing macroeconomic stability in recent years. In February 2011, the government shifted from policies aimed at achieving a high rate of economic growth, which had stoked inflation, to those aimed at stabilizing the economy, through tighter monetary and fiscal control. Although Vietnam unveiled a broad, "three pillar" economic reform program in early 2012, proposing the restructuring of public investment, state-owned enterprises, and the banking sector, little perceptible progress has been made. Vietnam's economy continues to face challenges from an undercapitalized banking sector. Non-performing loans weigh heavily on banks and businesses.
More on the Vietnam Economy
More on the Vietnam Export, Import and Trade

Economic Indicator Listing
  For Vietnam in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) 5.5 %
GDP (Current Prices, National Currency)VND 4,024,000.00 Billion.
GDP (Current Prices, US Dollars)US$ 187.848 Billion
GDP Deflator 149.954 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)VND 29,609,319.52 .
GDP Per Capita (Current Prices, National Currency)VND 44,400,497.84 .
GDP Per Capita (Current Prices, US Dollars)US$ 2,072.70
GDP (PPP), US DollarsUS$ 509.466 Billion
GDP Per Capita (PPP), US DollarsUS$ 5,621.41
GDP Share of World Total (PPP) 0.476 %
Implied PPP Conversion Rate 7,898.46
Investment (% of GDP) 25.217 %
Gross National Savings (% of GDP) 29.364 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 242.662 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 5.2 %
Inflation, End of Year (Indexed to Year 2000) 249.065 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 5.3 %
Import Volume of All Items Including Goods and Services (Percent Change) 17.148 %
Import Volumes of Goods Only (Percent Change) 17.05 %
Export Volume of All Items Including Goods and Services (Percent Change) 14.245 %
Export Volumes of Goods Only (Percent Change) 14.406 %
Unemployment Rate (% of Labour Force) 4.424 %
Population 90.63 Million
General government revenue (National Currency)VND 818,543.10 Billions.
General government revenue (% of GDP) 20.342 %
General government total expenditure (National Currency)VND 1,083,042.05 Billions.
General government total expenditure (% of GDP) 26.915 %
Total Government Net Lending/ Borrowing (National Currency)VND -264,498.95 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -6.573 %
General Government Structural Balance (National Currency)VND -303,149.97 Billion.
Fiscal Year Gross Domestic Product, Current PricesVND 4,024,000.00 Billions.
Current Account Balance (US Dollars)US$ 7.79 Billion
Current Account Balance (% GDP) 4.147 %
Economic Indicators for Vietnam 2014

GDP (Constant Prices, National Currency) for Vietnam in year 2014 is VND 2,683,481.21 Billion.

GDP Growth (Constant Prices, National Currency) for Vietnam in year 2014 is 5.5 %.

GDP (Current Prices, National Currency) for Vietnam in year 2014 is VND 4,024,000.00 Billion.

GDP (Current Prices, US Dollars) for Vietnam in year 2014 is US$ 187.848 Billion.

GDP Deflator for Vietnam in year 2014 is 149.954 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Vietnam in year 2014 is VND 29,609,319.52 .

GDP Per Capita (Current Prices, National Currency) for Vietnam in year 2014 is VND 44,400,497.84 .

GDP Per Capita (Current Prices, US Dollars) for Vietnam in year 2014 is US$ 2,072.70 .

GDP (PPP), US Dollars for Vietnam in year 2014 is US$ 509.466 Billion.

GDP Per Capita (PPP), US Dollars for Vietnam in year 2014 is US$ 5,621.41 .

GDP Share of World Total (PPP) for Vietnam in year 2014 is 0.476 %.

Implied PPP Conversion Rate for Vietnam in year 2014 is 7,898.46 .

Investment (% of GDP) for Vietnam in year 2014 is 25.217 %.

Gross National Savings (% of GDP) for Vietnam in year 2014 is 29.364 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Vietnam in year 2014 is 242.662 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Vietnam in year 2014 is 5.2 %.

Inflation, End of Year (Indexed to Year 2000) for Vietnam in year 2014 is 249.065 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Vietnam in year 2014 is 5.3 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Vietnam in year 2014 is 17.148 %.

Import Volumes of Goods Only (Percent Change) for Vietnam in year 2014 is 17.05 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Vietnam in year 2014 is 14.245 %.

Export Volumes of Goods Only (Percent Change) for Vietnam in year 2014 is 14.406 %.

Unemployment Rate (% of Labour Force) for Vietnam in year 2014 is 4.424 %.

Population for Vietnam in year 2014 is 90.63 Million .

General government revenue (National Currency) for Vietnam in year 2014 is VND 818,543.10 Billions.

General government revenue (% of GDP) for Vietnam in year 2014 is 20.342 %.

General government total expenditure (National Currency) for Vietnam in year 2014 is VND 1,083,042.05 Billions.

General government total expenditure (% of GDP) for Vietnam in year 2014 is 26.915 %.

Total Government Net Lending/ Borrowing (National Currency) for Vietnam in year 2014 is VND -264,498.95 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Vietnam in year 2014 is -6.573 %.

General Government Structural Balance (National Currency) for Vietnam in year 2014 is VND -303,149.97 Billion.

Fiscal Year Gross Domestic Product, Current Prices for Vietnam in year 2014 is VND 4,024,000.00 Billions.

Current Account Balance (US Dollars) for Vietnam in year 2014 is US$ 7.79 Billion.

Current Account Balance (% GDP) for Vietnam in year 2014 is 4.147 %.

* Source: IMF
Aggregate Indicators for Vietnam
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Vietnam
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Vietnam
  Natural Resources, Agricultural Products, Land Use and Water Use for Vietnam
  Nationality, Ethnic Groups, Languages and Religions for Vietnam
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Vietnam
  Age Structure, Median Age, Gender and Urbanization for Vietnam
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Vietnam
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Vietnam
  HIV, AIDS and Other Major Infectious Disease Rates for Vietnam
  Literacy Rate, Educational Expenditure and School Life Expectancy for Vietnam
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Vietnam
  Industries and Industrial Growth Production Rate for Vietnam
  Labor Force by Occupation for Vietnam
  Poverty Line, Gini Index, Household Income and Consumption for Vietnam
  National Budget and Public Debt for Vietnam
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Vietnam
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Vietnam
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Vietnam
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Vietnam
  Foreign Exchange Reserves and Gold Reserves for Vietnam
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Vietnam
  Exchange Rate Statistics for Vietnam
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Vietnam
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Vietnam
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Vietnam
  Television and Radio Statistics (TV Stats, Radio Stats) for Vietnam
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Vietnam
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Vietnam
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Vietnam
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Vietnam
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Vietnam
* Source: CIA
Internet Indicators for Vietnam
Indicators
  Number of Internet Users for Vietnam
  Internet Penetration Rate for Vietnam
  Number of Facebook Accounts for Vietnam
  Facebook Penetration Rate for Vietnam
* Source: IWS
Economic Freedom Indicators for Vietnam
Indicators
  Economic Freedom World Rank for Vietnam
  Economic Freedom Regional Ranking for Vietnam
  Business Freedom for Vietnam
  Trade Freedom for Vietnam
  Fiscal Freedom for Vietnam
  Government Spending for Vietnam
  Monetary Freedom for Vietnam
  Investment Freedom for Vietnam
  Financial Freedom for Vietnam
  Property Rights for Vietnam
  Freedom from Corruption for Vietnam
  Labor Freedom for Vietnam
  Tariff Rate for Vietnam
  Income Tax Rate for Vietnam
  Corporate Tax Rate for Vietnam
  Tax Burden % of GDP for Vietnam
  Government Expenditure % of GDP for Vietnam
* Source: HFO
Corruption Perceptions Index Rank and Score for Vietnam
Indicator
  Corruption Perceptions Index Rank and Score for Vietnam
* Source: TIO
Vietnam Economic Indicators in other Years
  Vietnam Economic Indicators for Year 2019 (Forecast)
  Vietnam Economic Indicators for Year 2018 (Forecast)
  Vietnam Economic Indicators for Year 2017 (Forecast)
  Vietnam Economic Indicators for Year 2016 (Forecast)
  Vietnam Economic Indicators for Year 2015 (Forecast)
Vietnam Economic Indicators for Year 2014 (Current)
  Vietnam Economic Indicators for Year 2013
  Vietnam Economic Indicators for Year 2012
  Vietnam Economic Indicators for Year 2011
  Vietnam Economic Indicators for Year 2010
  Vietnam Economic Indicators for Year 2009
  Vietnam Economic Indicators for Year 2008
  Vietnam Economic Indicators for Year 2007
  Vietnam Economic Indicators for Year 2006
  Vietnam Economic Indicators for Year 2005
  Vietnam Economic Indicators for Year 2004
  Vietnam Economic Indicators for Year 2003
  Vietnam Economic Indicators for Year 2002
  Vietnam Economic Indicators for Year 2001
  Vietnam Economic Indicators for Year 2000
  Vietnam Economic Indicators for Year 1999
  Vietnam Economic Indicators for Year 1998
  Vietnam Economic Indicators for Year 1997
  Vietnam Economic Indicators for Year 1996
  Vietnam Economic Indicators for Year 1995
  Vietnam Economic Indicators for Year 1994
  Vietnam Economic Indicators for Year 1993
  Vietnam Economic Indicators for Year 1992
  Vietnam Economic Indicators for Year 1991
  Vietnam Economic Indicators for Year 1990
  Vietnam Economic Indicators for Year 1989
  Vietnam Economic Indicators for Year 1988
  Vietnam Economic Indicators for Year 1987
  Vietnam Economic Indicators for Year 1986
  Vietnam Economic Indicators for Year 1985
  Vietnam Economic Indicators for Year 1984
  Vietnam Economic Indicators for Year 1983
  Vietnam Economic Indicators for Year 1982
  Vietnam Economic Indicators for Year 1981
  Vietnam Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International