Gross domestic product (GDP), Constant prices, Purchasing power in Vietnam
Vietnam: Gross domestic product (GDP), Constant prices, Purchasing power was 7.02 % change on previous year in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Vietnam, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Vietnam stood at 7.02 % change on previous year.
That represents a change of down 0.8% on the previous year and up 30.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Vietnam peaked at 13.56 % change on previous year in 1977 and was at its lowest, -3.5 % change on previous year, in 1980.
Vietnam ranks 9th of 193 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Vietnam, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.8 % change on previous year | — |
| 1972 | 1.96 % change on previous year | -48.5% |
| 1973 | -1.42 % change on previous year | -172.5% |
| 1974 | 2.48 % change on previous year | -274.6% |
| 1975 | 2.99 % change on previous year | +20.3% |
| 1976 | 11 % change on previous year | +268.3% |
| 1977 | 13.56 % change on previous year | +23.3% |
| 1978 | 1.77 % change on previous year | -87.0% |
| 1979 | 6.72 % change on previous year | +279.6% |
| 1980 | -3.5 % change on previous year | -152.1% |
| 1981 | 5.8 % change on previous year | -265.8% |
| 1982 | 8.15 % change on previous year | +40.6% |
| 1983 | 7.09 % change on previous year | -13.0% |
| 1984 | 8.4 % change on previous year | +18.4% |
| 1985 | 5.62 % change on previous year | -33.1% |
| 1986 | 3.36 % change on previous year | -40.3% |
| 1987 | 2.55 % change on previous year | -24.1% |
| 1988 | 5.1 % change on previous year | +100.1% |
| 1989 | 4.69 % change on previous year | -8.1% |
| 1990 | 5.1 % change on previous year | +8.8% |
| 1991 | 5.96 % change on previous year | +16.9% |
| 1992 | 8.65 % change on previous year | +45.0% |
| 1993 | 8.07 % change on previous year | -6.6% |
| 1994 | 8.84 % change on previous year | +9.5% |
| 1995 | 9.54 % change on previous year | +7.9% |
| 1996 | 9.34 % change on previous year | -2.1% |
| 1997 | 8.15 % change on previous year | -12.7% |
| 1998 | 5.76 % change on previous year | -29.3% |
| 1999 | 4.77 % change on previous year | -17.2% |
| 2000 | 6.79 % change on previous year | +42.2% |
| 2001 | 6.89 % change on previous year | +1.6% |
| 2002 | 7.08 % change on previous year | +2.7% |
| 2003 | 7.34 % change on previous year | +3.7% |
| 2004 | 7.54 % change on previous year | +2.7% |
| 2005 | 7.55 % change on previous year | +0.1% |
| 2006 | 6.98 % change on previous year | -7.5% |
| 2007 | 7.13 % change on previous year | +2.2% |
| 2008 | 5.66 % change on previous year | -20.6% |
| 2009 | 5.4 % change on previous year | -4.7% |
| 2010 | 6.42 % change on previous year | +19.0% |
| 2011 | 6.24 % change on previous year | -2.9% |
| 2012 | 5.25 % change on previous year | -15.9% |
| 2013 | 5.42 % change on previous year | +3.3% |
| 2014 | 5.98 % change on previous year | +10.4% |
| 2015 | 6.68 % change on previous year | +11.6% |
| 2016 | 6.21 % change on previous year | -7.0% |
| 2017 | 6.81 % change on previous year | +9.7% |
| 2018 | 7.08 % change on previous year | +3.9% |
| 2019 | 7.02 % change on previous year | -0.8% |
Vietnam compared with similar countries
- Vietnam's 7.02 % change on previous year is above the median for upper middle income countries, which is 2.68 % change on previous year, 2.6× the median. (57 countries reporting)
- Vietnam's 7.02 % change on previous year is above the median for East Asia & Pacific, which is 2.37 % change on previous year, 3.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power 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 % change on previous year | 6.72 % change on previous year |
| 1974 | +274.6% | -1.42 % change on previous year | 2.48 % change on previous year |
| 1976 | +268.3% | 2.99 % change on previous year | 11 % change on previous year |
| 1981 | +265.8% | -3.5 % change on previous year | 5.8 % change on previous year |
| 1973 | -172.5% | 1.96 % change on previous year | -1.42 % change on previous year |
| 1980 | -152.1% | 6.72 % change on previous year | -3.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.76 % change on previous year | -1.42 % change on previous year | 13.56 % change on previous year | 9 |
| 1980s | 4.73 % change on previous year | -3.5 % change on previous year | 8.4 % change on previous year | 10 |
| 1990s | 7.42 % change on previous year | 4.77 % change on previous year | 9.54 % change on previous year | 10 |
| 2000s | 6.84 % change on previous year | 5.4 % change on previous year | 7.55 % change on previous year | 10 |
| 2010s | 6.31 % change on previous year | 5.25 % change on previous year | 7.08 % change on previous year | 10 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0022 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 11.35 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 19.14 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
- SDR Allocation, SDR, per unit of GDP 0.0028 units per US$ of GDP (2025)
- SDR Allocation, SDR, per capita 13.98 units per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Vietnam?
- Gross domestic product (gdp), constant prices, purchasing power in Vietnam was 7.02 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Vietnam?
- The highest recorded value was 13.56 % change on previous year in 1977.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Vietnam?
- The lowest recorded value was -3.5 % change on previous year in 1980.
- How does Vietnam rank for gross domestic product (gdp), constant prices, purchasing power?
- Vietnam ranks 9th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Vietnam?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 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), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Constant prices, Purchasing power International Monetary Fund
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), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.