Gross domestic product (GDP), Constant prices, Purchasing power in Viet Nam
Viet Nam: Gross domestic product (GDP), Constant prices, Purchasing power was 4.92 in 2031. ▼ Falling
Gross domestic product (GDP), Constant prices, Purchasing power in Viet Nam, 1990–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), constant prices, purchasing power in Viet Nam stood at 4.92.
The figure is up 2.0% on the previous year and up 208.7% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Viet Nam peaked at 7.76 in 1995 and was at its lowest, 0.7858, in 1990.
That places Viet Nam 5th out of 37 countries with data for 2031, putting it in the top quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.7858 | — |
| 1991 | 3.88 | +393.8% |
| 1992 | 6.78 | +74.8% |
| 1993 | 6.22 | -8.2% |
| 1994 | 7.02 | +12.8% |
| 1995 | 7.76 | +10.5% |
| 1996 | 7.6 | -2.0% |
| 1997 | 6.48 | -14.8% |
| 1998 | 4.15 | -35.9% |
| 1999 | 3.21 | -22.6% |
| 2000 | 5.36 | +66.7% |
| 2001 | 5.47 | +2.0% |
| 2002 | 5.68 | +3.9% |
| 2003 | 6.34 | +11.6% |
| 2004 | 6.8 | +7.3% |
| 2005 | 6.56 | -3.6% |
| 2006 | 5.99 | -8.7% |
| 2007 | 6.12 | +2.3% |
| 2008 | 4.65 | -24.0% |
| 2009 | 4.37 | -6.1% |
| 2010 | 5.36 | +22.7% |
| 2011 | 6.54 | +22.0% |
| 2012 | 4.38 | -33.1% |
| 2013 | 4.44 | +1.3% |
| 2014 | 5.29 | +19.1% |
| 2015 | 5.84 | +10.5% |
| 2016 | 5.56 | -4.8% |
| 2017 | 5.83 | +4.8% |
| 2018 | 6.34 | +8.8% |
| 2019 | 5.34 | -15.8% |
| 2020 | 1.71 | -68.0% |
| 2021 | 1.59 | -6.7% |
| 2022 | 7.49 | +370.7% |
| 2023 | 4.18 | -44.3% |
| 2024 | 5.91 | +41.4% |
| 2025 | 6.96 | +17.9% |
| 2026 | 6.29 | -9.6% |
| 2027 | 6 | -4.6% |
| 2028 | 5.56 | -7.4% |
| 2029 | 4.98 | -10.5% |
| 2030 | 4.82 | -3.1% |
| 2031 | 4.92 | +2.0% |
Viet Nam compared with similar countries
- Viet Nam's 4.92 is above the median for upper middle income countries, which is 2.77, 1.8× the median. (15 countries reporting)
- Viet Nam's 4.92 is above the median for East Asia & Pacific, which is 1.7, 2.9× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power 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 |
|---|---|---|---|
| 1991 | +393.8% | 0.7858 | 3.88 |
| 2022 | +370.7% | 1.59 | 7.49 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.39 | 0.7858 | 7.76 | 10 |
| 2000s | 5.73 | 4.37 | 6.8 | 10 |
| 2010s | 5.49 | 4.38 | 6.54 | 10 |
| 2020s | 5.07 | 1.59 | 7.49 | 10 |
| 2030s | 4.87 | 4.82 | 4.92 | 2 |
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 gross domestic product (gdp), constant prices, purchasing power in Viet Nam?
- Gross domestic product (gdp), constant prices, purchasing power in Viet Nam was 4.92 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Viet Nam?
- The highest recorded value was 7.76 in 1995.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Viet Nam?
- The lowest recorded value was 0.7858 in 1990.
- How does Viet Nam rank for gross domestic product (gdp), constant prices, purchasing power?
- Viet Nam ranks 5th out of 37 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Viet Nam?
- Over the last ten years it is up 208.7%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) per capita percent change (National Accounts Statistics (SNA)). Statizoid updates them automatically from the source API.
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About this data
APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and the Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.