Annual GDP growth (%) in Viet Nam
Viet Nam: Annual GDP growth (%) was 7.1% in 2024. ▼ Falling
Annual GDP growth in Viet Nam, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Viet Nam is 7.1%, measured in 2024.
That represents a change of up 40.0% on the previous year and up 10.4% over ten years.
Over the whole period, annual gdp growth in Viet Nam peaked at 8.5% in 2022 and was at its lowest, 2.6%, in 2021.
Viet Nam ranks 13th of 230 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 25 years of available data.
Annual GDP growth (%) in Viet Nam, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.8% | — |
| 2001 | 6.2% | -8.8% |
| 2002 | 6.3% | +2.1% |
| 2003 | 6.9% | +9.1% |
| 2004 | 7.5% | +9.2% |
| 2005 | 7.5% | +0.1% |
| 2006 | 7.0% | -7.5% |
| 2007 | 7.1% | +2.2% |
| 2008 | 5.7% | -20.6% |
| 2009 | 5.4% | -4.7% |
| 2010 | 6.4% | +19.0% |
| 2011 | 6.4% | -0.2% |
| 2012 | 5.5% | -14.2% |
| 2013 | 5.6% | +0.9% |
| 2014 | 6.4% | +15.6% |
| 2015 | 7.0% | +8.8% |
| 2016 | 6.7% | -4.3% |
| 2017 | 6.9% | +3.7% |
| 2018 | 7.5% | +7.6% |
| 2019 | 7.4% | -1.4% |
| 2020 | 2.9% | -61.1% |
| 2021 | 2.6% | -10.9% |
| 2022 | 8.5% | +234.3% |
| 2023 | 5.1% | -40.7% |
| 2024 | 7.1% | +40.0% |
Biggest year-on-year movements
Years where Annual GDP growth (%) in Viet Nam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +234.3% | 2.6% | 8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.6% | 5.4% | 7.5% | 10 |
| 2010s | 6.6% | 5.5% | 7.5% | 10 |
| 2020s | 5.2% | 2.6% | 8.5% | 5 |
Countries ranked near Viet Nam
More economy & growth data for Viet Nam
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 4.16 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -1.06 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 3.67 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -1.52 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 5.96 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 7.09 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 7.09 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 7.99 % change on previous year (2024)
Frequently asked questions
- What is annual gdp growth in Viet Nam?
- Annual gdp growth in Viet Nam was 7.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Viet Nam?
- The highest recorded value was 8.5% in 2022.
- What is the lowest annual gdp growth recorded in Viet Nam?
- The lowest recorded value was 2.6% in 2021.
- How does Viet Nam rank for annual gdp growth?
- Viet Nam ranks 13th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Viet Nam?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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