Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Viet Nam
Viet Nam: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 7.09 % change on previous year in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Viet Nam, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices, annual growth rate in Viet Nam is 7.09 % change on previous year, measured in 2024.
The figure is up 40.5% on the previous year and up 10.4% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Viet Nam peaked at 13.56 % change on previous year in 1977 and was at its lowest, -3.5 % change on previous year, in 1980.
That places Viet Nam 15th out of 236 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Viet Nam, 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 | +20.4% |
| 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 | 6.9 % 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 | 12.21 % change on previous year | +61.8% |
| 2007 | 12.37 % change on previous year | +1.3% |
| 2008 | 10.83 % change on previous year | -12.4% |
| 2009 | 10.55 % change on previous year | -2.6% |
| 2010 | 11.63 % change on previous year | +10.2% |
| 2011 | 6.41 % change on previous year | -44.9% |
| 2012 | 5.5 % change on previous year | -14.2% |
| 2013 | 5.55 % change on previous year | +0.9% |
| 2014 | 6.42 % change on previous year | +15.6% |
| 2015 | 6.99 % change on previous year | +8.8% |
| 2016 | 6.69 % change on previous year | -4.2% |
| 2017 | 6.94 % change on previous year | +3.7% |
| 2018 | 7.46 % change on previous year | +7.6% |
| 2019 | 7.36 % change on previous year | -1.4% |
| 2020 | 2.87 % change on previous year | -61.1% |
| 2021 | 2.55 % change on previous year | -10.9% |
| 2022 | 8.12 % change on previous year | +218.1% |
| 2023 | 5.05 % change on previous year | -37.9% |
| 2024 | 7.09 % change on previous year | +40.5% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, 2015 prices, annual growth rate 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 |
|---|---|---|---|
| 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 |
| 2022 | +218.1% | 2.55 % change on previous year | 8.12 % change on previous year |
| 1973 | -172.5% | 1.96 % change on previous year | -1.42 % 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 | 8.92 % change on previous year | 6.79 % change on previous year | 12.37 % change on previous year | 10 |
| 2010s | 7.1 % change on previous year | 5.5 % change on previous year | 11.63 % change on previous year | 10 |
| 2020s | 5.14 % change on previous year | 2.55 % change on previous year | 8.12 % change on previous year | 5 |
Countries ranked near Viet Nam
- 12 Ethiopia 7.32 % change on previous year compare
- 13 Cabo Verde 7.27 % change on previous year compare
- 14 Palau 7.23 % change on previous year compare
- 15 Vietnam 7.09 % change on previous year compare
- 17 Senegal 6.89 % change on previous year compare
- 18 Democratic Republic of the Congo 6.68 % change on previous year compare
More economy & growth data for Viet Nam
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Gross Fixed Capital Formation Deflator — Value Standard Local 3.67 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.17 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 4.17 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 2.58 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 5.96 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 7.99 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -1.52 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 7.09 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, annual growth rate in Viet Nam?
- Gross domestic product — value us$, 2015 prices, annual growth rate in Viet Nam was 7.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Viet Nam?
- The highest recorded value was 13.56 % change on previous year in 1977.
- What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Viet Nam?
- The lowest recorded value was -3.5 % change on previous year in 1980.
- How does Viet Nam rank for gross domestic product — value us$, 2015 prices, annual growth rate?
- Viet Nam ranks 15th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Viet Nam?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.