Annual gdp growth in Vietnam
Vietnam: Annual gdp growth was 5.05 in 2023. βΌ Falling
Latest (2023)
5.05
Change on year
down 37.8%
World rank
49th
of 211 countries
All-time high
8.12
in 2022
All-time low
2.55
in 2021
Years of data
24
2000β2023
Annual gdp growth in Vietnam, 2000β2023
Source: Our World in Data.
Analysis
Vietnam recorded 5.05 for annual gdp growth in 2023.
The figure is down 37.8% on the previous year and down 9.0% over ten years.
Over the whole period, annual gdp growth in Vietnam peaked at 8.12 in 2022 and was at its lowest, 2.55, in 2021.
Vietnam ranks 49th of 211 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.65 | 5.4 | 7.55 | 10 |
| 2010s | 6.58 | 5.5 | 7.47 | 10 |
| 2020s | 4.65 | 2.55 | 8.12 | 4 |
Countries ranked near Vietnam
- 46 Guam 5.1 compare
- 46 Kazakhstan, Republic of 5.1 compare
- 48 Tanzania, United Republic of 5.07 compare
- 49 Indonesia 5.05 compare
- 51 Iceland 5.04 compare
- 51 Iran, Islamic Republic of 5.04 compare
- 51 Monaco 5.04 compare
More economy & growth data for Vietnam
- Special drawing rights per domestic currency (End-of-period (EoP)) 0 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 34,403 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 25,121 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0 (2025)
- Gdp worldbank constant usd, annual growth rate 8.02 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8504 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 4,308 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2025)
- External balance on goods and services as a percent of gdp 6.15 (2025)
Frequently asked questions
- What is annual gdp growth in Vietnam?
- Annual gdp growth in Vietnam was 5.05 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Vietnam?
- The highest recorded value was 8.12 in 2022.
- What is the lowest annual gdp growth recorded in Vietnam?
- The lowest recorded value was 2.55 in 2021.
- How does Vietnam rank for annual gdp growth?
- Vietnam ranks 49th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Vietnam?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).