Gross Domestic Product — Annual growth Standard Local Currency, 2015 in Vietnam
Vietnam: Gross Domestic Product — Annual growth Standard Local Currency, 2015 was 7.09 % in 2024. ▲ Rising
Gross Domestic Product — Annual growth Standard Local Currency, 2015 in Vietnam, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Vietnam recorded 7.09 % for gross domestic product — annual growth standard local currency, 2015 in 2024.
Compared with earlier readings it is up 40.5% on the previous year and up 10.4% over ten years.
Over the whole period, gross domestic product — annual growth standard local currency, 2015 in Vietnam peaked at 13.56 % in 1977 and was at its lowest, -3.5 %, in 1980.
That places Vietnam 14th out of 223 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Domestic Product — Annual growth Standard Local Currency, 2015 in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 3.8 % | — |
| 1972 | 1.96 % | -48.5% |
| 1973 | -1.42 % | -172.5% |
| 1974 | 2.48 % | -274.6% |
| 1975 | 2.99 % | +20.3% |
| 1976 | 11 % | +268.3% |
| 1977 | 13.56 % | +23.3% |
| 1978 | 1.77 % | -87.0% |
| 1979 | 6.72 % | +279.6% |
| 1980 | -3.5 % | -152.1% |
| 1981 | 5.8 % | -265.8% |
| 1982 | 8.15 % | +40.6% |
| 1983 | 7.09 % | -13.0% |
| 1984 | 8.4 % | +18.4% |
| 1985 | 5.62 % | -33.1% |
| 1986 | 3.36 % | -40.3% |
| 1987 | 2.55 % | -24.1% |
| 1988 | 5.1 % | +100.1% |
| 1989 | 4.69 % | -8.1% |
| 1990 | 5.1 % | +8.8% |
| 1991 | 5.96 % | +16.9% |
| 1992 | 8.65 % | +45.0% |
| 1993 | 8.07 % | -6.6% |
| 1994 | 8.84 % | +9.5% |
| 1995 | 9.54 % | +7.9% |
| 1996 | 9.34 % | -2.1% |
| 1997 | 8.15 % | -12.7% |
| 1998 | 5.76 % | -29.3% |
| 1999 | 4.77 % | -17.2% |
| 2000 | 6.79 % | +42.2% |
| 2001 | 6.89 % | +1.6% |
| 2002 | 7.08 % | +2.7% |
| 2003 | 7.34 % | +3.7% |
| 2004 | 7.54 % | +2.7% |
| 2005 | 7.55 % | +0.1% |
| 2006 | 12.21 % | +61.8% |
| 2007 | 12.37 % | +1.3% |
| 2008 | 10.83 % | -12.4% |
| 2009 | 10.55 % | -2.6% |
| 2010 | 11.63 % | +10.2% |
| 2011 | 6.41 % | -44.9% |
| 2012 | 5.5 % | -14.2% |
| 2013 | 5.55 % | +0.9% |
| 2014 | 6.42 % | +15.6% |
| 2015 | 6.99 % | +8.8% |
| 2016 | 6.69 % | -4.3% |
| 2017 | 6.94 % | +3.7% |
| 2018 | 7.47 % | +7.6% |
| 2019 | 7.36 % | -1.4% |
| 2020 | 2.87 % | -61.1% |
| 2021 | 2.55 % | -10.9% |
| 2022 | 8.12 % | +218.1% |
| 2023 | 5.05 % | -37.9% |
| 2024 | 7.09 % | +40.5% |
Vietnam compared with similar countries
- Vietnam's 7.09 % is above the median for upper middle income countries, which is 3.3 %, 2.1× the median. (54 countries reporting)
- Vietnam's 7.09 % is above the median for East Asia & Pacific, which is 3.9 %, 1.8× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Annual growth Standard Local Currency, 2015 in Vietnam 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 |
|---|---|---|---|
| 1979 | +279.6% | 1.77 % | 6.72 % |
| 1974 | +274.6% | -1.42 % | 2.48 % |
| 1976 | +268.3% | 2.99 % | 11 % |
| 1981 | +265.8% | -3.5 % | 5.8 % |
| 2022 | +218.1% | 2.55 % | 8.12 % |
| 1973 | -172.5% | 1.96 % | -1.42 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.76 % | -1.42 % | 13.56 % | 9 |
| 1980s | 4.73 % | -3.5 % | 8.4 % | 10 |
| 1990s | 7.42 % | 4.77 % | 9.54 % | 10 |
| 2000s | 8.92 % | 6.79 % | 12.37 % | 10 |
| 2010s | 7.1 % | 5.5 % | 11.63 % | 10 |
| 2020s | 5.14 % | 2.55 % | 8.12 % | 5 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- 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 gross domestic product — annual growth standard local currency, 2015 in Vietnam?
- Gross domestic product — annual growth standard local currency, 2015 in Vietnam was 7.09 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — annual growth standard local currency, 2015 recorded in Vietnam?
- The highest recorded value was 13.56 % in 1977.
- What is the lowest gross domestic product — annual growth standard local currency, 2015 recorded in Vietnam?
- The lowest recorded value was -3.5 % in 1980.
- How does Vietnam rank for gross domestic product — annual growth standard local currency, 2015?
- Vietnam ranks 14th out of 223 countries with data for 2024.
- Is gross domestic product — annual growth standard local currency, 2015 rising or falling in Vietnam?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Annual growth Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).