Gross domestic product (GDP), annual growth rate in Vietnam
Vietnam: Gross domestic product (GDP), annual growth rate was 0.8312 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Vietnam, 1984–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Vietnam recorded 0.8312 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
The figure is down 87.5% on the previous year and down 79.2% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Vietnam peaked at 18.58 % change on previous year in 2010 and was at its lowest, -1.71 % change on previous year, in 1989.
Vietnam ranks 124th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Vietnam, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1984 | 7.17 % change on previous year | — |
| 1985 | 5.07 % change on previous year | -29.4% |
| 1986 | 2.85 % change on previous year | -43.8% |
| 1987 | 2.69 % change on previous year | -5.7% |
| 1988 | 4.81 % change on previous year | +79.2% |
| 1989 | -1.71 % change on previous year | -135.6% |
| 1990 | 3.77 % change on previous year | -320.1% |
| 1991 | 12.63 % change on previous year | +235.2% |
| 1992 | 7.71 % change on previous year | -39.0% |
| 1993 | 13.13 % change on previous year | +70.4% |
| 1994 | 5.98 % change on previous year | -54.5% |
| 1995 | 8.63 % change on previous year | +44.4% |
| 1996 | 13.77 % change on previous year | +59.6% |
| 1997 | 7.7 % change on previous year | -44.0% |
| 1998 | 4.4 % change on previous year | -42.9% |
| 1999 | 0.6586 % change on previous year | -85.0% |
| 2000 | 7.84 % change on previous year | +1090.6% |
| 2001 | 6.82 % change on previous year | -13.1% |
| 2002 | 9.69 % change on previous year | +42.1% |
| 2003 | 9.05 % change on previous year | -6.6% |
| 2004 | 8.51 % change on previous year | -5.9% |
| 2005 | 10.41 % change on previous year | +22.3% |
| 2006 | 12.75 % change on previous year | +22.5% |
| 2007 | 17.98 % change on previous year | +41.1% |
| 2008 | 12.93 % change on previous year | -28.1% |
| 2009 | 5.43 % change on previous year | -58.0% |
| 2010 | 18.58 % change on previous year | +242.2% |
| 2011 | 9.85 % change on previous year | -47.0% |
| 2012 | 6.47 % change on previous year | -34.3% |
| 2013 | 4 % change on previous year | -38.2% |
| 2014 | 7.97 % change on previous year | +99.4% |
| 2015 | 4.39 % change on previous year | -44.9% |
| 2016 | 6.71 % change on previous year | +52.9% |
| 2017 | 8.98 % change on previous year | +33.8% |
| 2018 | 7.03 % change on previous year | -21.7% |
| 2019 | 6.58 % change on previous year | -6.4% |
| 2020 | 5.65 % change on previous year | -14.1% |
| 2021 | 4.99 % change on previous year | -11.6% |
| 2022 | 6.65 % change on previous year | +33.2% |
| 2023 | 0.8312 % change on previous year | -87.5% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 2000 | +1090.6% | 0.6586 % change on previous year | 7.84 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.48 % change on previous year | -1.71 % change on previous year | 7.17 % change on previous year | 6 |
| 1990s | 7.84 % change on previous year | 0.6586 % change on previous year | 13.77 % change on previous year | 10 |
| 2000s | 10.14 % change on previous year | 5.43 % change on previous year | 17.98 % change on previous year | 10 |
| 2010s | 8.05 % change on previous year | 4 % change on previous year | 18.58 % change on previous year | 10 |
| 2020s | 4.53 % change on previous year | 0.8312 % change on previous year | 6.65 % change on previous year | 4 |
Countries ranked near Vietnam
- 121 Italy 0.8832 % change on previous year compare
- 122 Australia 0.863 % change on previous year compare
- 123 Liberia 0.8473 % change on previous year compare
- 125 North Macedonia 0.7981 % change on previous year compare
- 126 Lithuania 0.7915 % change on previous year compare
- 127 France 0.7824 % change on previous year compare
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 (gdp), annual growth rate in Vietnam?
- Gross domestic product (gdp), annual growth rate in Vietnam was 0.8312 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Vietnam?
- The highest recorded value was 18.58 % change on previous year in 2010.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Vietnam?
- The lowest recorded value was -1.71 % change on previous year in 1989.
- How does Vietnam rank for gross domestic product (gdp), annual growth rate?
- Vietnam ranks 124th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Vietnam?
- Over the last ten years it is down 79.2%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.