Gross Domestic Product — Value Standard Local Currency, 2015 prices in Viet Nam
Viet Nam: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 8.77 billion million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Viet Nam, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Viet Nam stood at 8.77 billion million SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 7.1% on the previous year and up 80.7% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Viet Nam peaked at 8.77 billion million SLC in 2024 and was at its lowest, 302.36 million million SLC, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Viet Nam, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 302.36 million million SLC | — |
| 1971 | 313.86 million million SLC | +3.8% |
| 1972 | 320.02 million million SLC | +2.0% |
| 1973 | 315.47 million million SLC | -1.4% |
| 1974 | 323.30 million million SLC | +2.5% |
| 1975 | 332.95 million million SLC | +3.0% |
| 1976 | 369.57 million million SLC | +11.0% |
| 1977 | 419.69 million million SLC | +13.6% |
| 1978 | 427.12 million million SLC | +1.8% |
| 1979 | 455.81 million million SLC | +6.7% |
| 1980 | 439.87 million million SLC | -3.5% |
| 1981 | 465.37 million million SLC | +5.8% |
| 1982 | 503.30 million million SLC | +8.2% |
| 1983 | 539.00 million million SLC | +7.1% |
| 1984 | 584.26 million million SLC | +8.4% |
| 1985 | 617.10 million million SLC | +5.6% |
| 1986 | 637.81 million million SLC | +3.4% |
| 1987 | 654.07 million million SLC | +2.5% |
| 1988 | 687.43 million million SLC | +5.1% |
| 1989 | 719.65 million million SLC | +4.7% |
| 1990 | 756.36 million million SLC | +5.1% |
| 1991 | 801.45 million million SLC | +6.0% |
| 1992 | 870.74 million million SLC | +8.6% |
| 1993 | 941.03 million million SLC | +8.1% |
| 1994 | 1.02 billion million SLC | +8.8% |
| 1995 | 1.12 billion million SLC | +9.5% |
| 1996 | 1.23 billion million SLC | +9.3% |
| 1997 | 1.33 billion million SLC | +8.2% |
| 1998 | 1.40 billion million SLC | +5.8% |
| 1999 | 1.47 billion million SLC | +4.8% |
| 2000 | 1.57 billion million SLC | +6.8% |
| 2001 | 1.68 billion million SLC | +6.9% |
| 2002 | 1.80 billion million SLC | +7.1% |
| 2003 | 1.93 billion million SLC | +7.3% |
| 2004 | 2.07 billion million SLC | +7.5% |
| 2005 | 2.23 billion million SLC | +7.5% |
| 2006 | 2.50 billion million SLC | +12.2% |
| 2007 | 2.81 billion million SLC | +12.4% |
| 2008 | 3.12 billion million SLC | +10.8% |
| 2009 | 3.45 billion million SLC | +10.6% |
| 2010 | 3.85 billion million SLC | +11.6% |
| 2011 | 4.09 billion million SLC | +6.4% |
| 2012 | 4.32 billion million SLC | +5.5% |
| 2013 | 4.56 billion million SLC | +5.6% |
| 2014 | 4.85 billion million SLC | +6.4% |
| 2015 | 5.19 billion million SLC | +7.0% |
| 2016 | 5.54 billion million SLC | +6.7% |
| 2017 | 5.92 billion million SLC | +6.9% |
| 2018 | 6.37 billion million SLC | +7.5% |
| 2019 | 6.83 billion million SLC | +7.4% |
| 2020 | 7.03 billion million SLC | +2.9% |
| 2021 | 7.21 billion million SLC | +2.6% |
| 2022 | 7.79 billion million SLC | +8.1% |
| 2023 | 8.19 billion million SLC | +5.0% |
| 2024 | 8.77 billion million SLC | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 358.01 million million SLC | 302.36 million million SLC | 455.81 million million SLC | 10 |
| 1980s | 584.79 million million SLC | 439.87 million million SLC | 719.65 million million SLC | 10 |
| 1990s | 1.09 billion million SLC | 756.36 million million SLC | 1.47 billion million SLC | 10 |
| 2000s | 2.32 billion million SLC | 1.57 billion million SLC | 3.45 billion million SLC | 10 |
| 2010s | 5.15 billion million SLC | 3.85 billion million SLC | 6.83 billion million SLC | 10 |
| 2020s | 7.80 billion million SLC | 7.03 billion million SLC | 8.77 billion million SLC | 5 |
Countries ranked near Viet Nam
- 1 Côte d'Ivoire 45.10 million million SLC compare
- 1 Indonesia 16.58 billion million SLC compare
- 1 Iran (Islamic Republic of) 15.65 billion million SLC compare
- 2 Republic of Korea 2.17 billion million SLC compare
- 3 Cabo Verde 236,135 million SLC compare
- 3 Colombia 997.13 million million SLC compare
- 3 Lao People's Democratic Republic 182.22 million million SLC compare
- 4 Japan 557.99 million million SLC compare
- 4 United Republic of Tanzania 160.52 million million SLC compare
- 5 Democratic Republic of the Congo 56.14 million million SLC compare
- 5 Uzbekistan 358.93 million million SLC compare
More economy & growth data for Viet Nam
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.99 Percent per annum (2029)
- Gross Domestic Product — Value US$, 2015 prices 404,124 million USD (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices 130.03 SLC (2024)
- GDP Deflator — Value US$, 2015 prices 112.67 USD (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 122.82 SLC (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 106.42 USD (2024)
- Gross Domestic Product — Value US$ 455,329 million USD (2024)
- Gross Domestic Product — Value US$ per capita 4,509 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 4,002 USD (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Viet Nam?
- Gross domestic product — value standard local currency, 2015 prices in Viet Nam was 8.77 billion million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Viet Nam?
- The highest recorded value was 8.77 billion million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Viet Nam?
- The lowest recorded value was 302.36 million million SLC in 1970.
- How does Viet Nam rank for gross domestic product — value standard local currency, 2015 prices?
- Viet Nam ranks 2nd out of 13 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Viet Nam?
- Over the last ten years it is up 80.7%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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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).