Gross Domestic Product — Value US$ in Viet Nam
Viet Nam: Gross Domestic Product — Value US$ was 455,329 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Viet Nam, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Viet Nam is 455,329 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.0% on the previous year and up 95.0% over ten years.
Over the whole period, gross domestic product — value us$ in Viet Nam peaked at 455,329 million USD in 2024 and was at its lowest, 1,885 million USD, in 1981.
Viet Nam ranks 5th of 20 regions on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Viet Nam, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,775 million USD | — |
| 1971 | 3,024 million USD | +9.0% |
| 1972 | 3,237 million USD | +7.0% |
| 1973 | 3,350 million USD | +3.5% |
| 1974 | 3,605 million USD | +7.6% |
| 1975 | 3,896 million USD | +8.1% |
| 1976 | 4,541 million USD | +16.5% |
| 1977 | 5,413 million USD | +19.2% |
| 1978 | 6,532 million USD | +20.7% |
| 1979 | 7,140 million USD | +9.3% |
| 1980 | 2,396 million USD | -66.5% |
| 1981 | 1,885 million USD | -21.3% |
| 1982 | 2,190 million USD | +16.2% |
| 1983 | 3,289 million USD | +50.1% |
| 1984 | 5,069 million USD | +54.1% |
| 1985 | 4,758 million USD | -6.1% |
| 1986 | 5,017 million USD | +5.4% |
| 1987 | 5,272 million USD | +5.1% |
| 1988 | 5,736 million USD | +8.8% |
| 1989 | 6,241 million USD | +8.8% |
| 1990 | 6,417 million USD | +2.8% |
| 1991 | 7,578 million USD | +18.1% |
| 1992 | 9,867 million USD | +30.2% |
| 1993 | 13,181 million USD | +33.6% |
| 1994 | 16,281 million USD | +23.5% |
| 1995 | 20,736 million USD | +27.4% |
| 1996 | 24,658 million USD | +18.9% |
| 1997 | 26,844 million USD | +8.9% |
| 1998 | 27,210 million USD | +1.4% |
| 1999 | 28,684 million USD | +5.4% |
| 2000 | 31,173 million USD | +8.7% |
| 2001 | 32,685 million USD | +4.9% |
| 2002 | 35,064 million USD | +7.3% |
| 2003 | 39,552 million USD | +12.8% |
| 2004 | 49,494 million USD | +25.1% |
| 2005 | 57,633 million USD | +16.4% |
| 2006 | 69,618 million USD | +20.8% |
| 2007 | 85,174 million USD | +22.3% |
| 2008 | 114,402 million USD | +34.3% |
| 2009 | 128,331 million USD | +12.2% |
| 2010 | 147,201 million USD | +14.7% |
| 2011 | 172,595 million USD | +17.3% |
| 2012 | 195,591 million USD | +13.3% |
| 2013 | 213,709 million USD | +9.3% |
| 2014 | 233,451 million USD | +9.2% |
| 2015 | 239,258 million USD | +2.5% |
| 2016 | 257,096 million USD | +7.5% |
| 2017 | 281,354 million USD | +9.4% |
| 2018 | 310,106 million USD | +10.2% |
| 2019 | 334,365 million USD | +7.8% |
| 2020 | 346,616 million USD | +3.7% |
| 2021 | 366,475 million USD | +5.7% |
| 2022 | 410,324 million USD | +12.0% |
| 2023 | 429,717 million USD | +4.7% |
| 2024 | 455,329 million USD | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,351 million USD | 2,775 million USD | 7,140 million USD | 10 |
| 1980s | 4,185 million USD | 1,885 million USD | 6,241 million USD | 10 |
| 1990s | 18,146 million USD | 6,417 million USD | 28,684 million USD | 10 |
| 2000s | 64,313 million USD | 31,173 million USD | 128,331 million USD | 10 |
| 2010s | 238,473 million USD | 147,201 million USD | 334,365 million USD | 10 |
| 2020s | 401,692 million USD | 346,616 million USD | 455,329 million USD | 5 |
Countries ranked near Viet Nam
- 2 Germany 4.66 million million USD compare
- 3 Japan 4.02 million million USD compare
- 4 India 3.88 million million USD compare
- 5 United Kingdom of Great Britain and Northern Ireland 3.66 million million USD compare
- 6 France 3.16 million million USD compare
- 7 Italy 2.37 million million USD compare
- 8 Canada 2.21 million million USD 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$, 2015 prices 106.42 USD (2024)
- Gross Domestic Product — Value US$ per capita 4,509 USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 8.77 billion million SLC (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 4,002 USD (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Viet Nam?
- Gross domestic product — value us$ in Viet Nam was 455,329 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Viet Nam?
- The highest recorded value was 455,329 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Viet Nam?
- The lowest recorded value was 1,885 million USD in 1981.
- How does Viet Nam rank for gross domestic product — value us$?
- Viet Nam ranks 5th out of 20 regions with data for 2024.
- Is gross domestic product — value us$ rising or falling in Viet Nam?
- Over the last ten years it is up 95.0%. 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 US$. 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).