Annual growth of households and NPISHs final consumption expenditure in Viet Nam
Viet Nam: Annual growth of households and NPISHs final consumption expenditure was 6.7% in 2024. ▼ Falling
Annual growth of households and NPISHs final consumption expenditure in Viet Nam, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Viet Nam stood at 6.7%.
The figure is up 95.2% on the previous year and up 6.7% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Viet Nam peaked at 9.8% in 2007 and was at its lowest, 0.4%, in 2020.
Viet Nam ranks 31st of 185 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Annual growth of households and NPISHs final consumption expenditure in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.1% | — |
| 2001 | 4.5% | +45.4% |
| 2002 | 7.6% | +70.6% |
| 2003 | 8.0% | +5.0% |
| 2004 | 7.1% | -11.4% |
| 2005 | 7.3% | +2.3% |
| 2006 | 7.5% | +2.9% |
| 2007 | 9.8% | +31.0% |
| 2008 | 7.7% | -21.6% |
| 2009 | 2.3% | -70.6% |
| 2010 | 8.2% | +263.5% |
| 2011 | 5.3% | -35.0% |
| 2012 | 4.9% | -8.1% |
| 2013 | 5.2% | +6.3% |
| 2014 | 6.3% | +20.8% |
| 2015 | 8.8% | +40.0% |
| 2016 | 6.5% | -26.6% |
| 2017 | 7.2% | +11.6% |
| 2018 | 6.9% | -4.2% |
| 2019 | 7.0% | +1.7% |
| 2020 | 0.4% | -94.6% |
| 2021 | 2.2% | +471.2% |
| 2022 | 7.9% | +263.1% |
| 2023 | 3.4% | -56.5% |
| 2024 | 6.7% | +95.2% |
Viet Nam compared with similar countries
- Viet Nam's 6.7% is above the median for upper middle income countries, which is 4.5%, 1.5× the median. (46 countries reporting)
- Viet Nam's 6.7% is above the median for East Asia & Pacific, which is 4.5%, 1.5× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure 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 |
|---|---|---|---|
| 2021 | +471.2% | 0.4% | 2.2% |
| 2010 | +263.5% | 2.3% | 8.2% |
| 2022 | +263.1% | 2.2% | 7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.5% | 2.3% | 9.8% | 10 |
| 2010s | 6.6% | 4.9% | 8.8% | 10 |
| 2020s | 4.1% | 0.4% | 7.9% | 5 |
Countries ranked near Viet Nam
More economy & growth data for Viet Nam
- Foreign direct investment, net outflows (BoP, current US$), gaps 600.00 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.94 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 20.17 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.03 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0423 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 199.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 3.01 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1663 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 842.34 includes gold, current US$ per person (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Viet Nam?
- Annual growth of households and npishs final consumption expenditure in Viet Nam was 6.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Viet Nam?
- The highest recorded value was 9.8% in 2007.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Viet Nam?
- The lowest recorded value was 0.4% in 2020.
- How does Viet Nam rank for annual growth of households and npishs final consumption expenditure?
- Viet Nam ranks 31st out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Viet Nam?
- Over the last ten years it is up 6.7%. 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 growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).