Share of household consumption in GDP vs. GDP per capita in Viet Nam
Viet Nam: Share of household consumption in GDP vs. GDP per capita was 55.9% in 2023. ▼ Falling
Latest (2023)
55.9%
Change on year
up 2.7%
World rank
117th
of 184 countries
All-time high
93.1%
in 1990
All-time low
53.1%
in 2011
Years of data
41
1983–2023
Share of household consumption in GDP vs. GDP per capita in Viet Nam, 1983–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Viet Nam recorded 55.9% for share of household consumption in gdp vs. gdp per capita in 2023.
The figure is up 2.7% on the previous year and up 0.9% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Viet Nam peaked at 93.1% in 1990 and was at its lowest, 53.1%, in 2011.
Viet Nam ranks 117th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Share of household consumption in GDP vs. GDP per capita in Viet Nam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | 84.4% | — |
| 1984 | 85.3% | +1.2% |
| 1985 | 85.9% | +0.6% |
| 1986 | 86.2% | +0.3% |
| 1987 | 85.7% | -0.6% |
| 1988 | 87.0% | +1.6% |
| 1989 | 91.8% | +5.5% |
| 1990 | 93.1% | +1.3% |
| 1991 | 85.6% | -8.1% |
| 1992 | 81.8% | -4.4% |
| 1993 | 75.4% | -7.8% |
| 1994 | 74.4% | -1.3% |
| 1995 | 74.2% | -0.3% |
| 1996 | 72.0% | -2.9% |
| 1997 | 69.5% | -3.5% |
| 1998 | 68.1% | -2.0% |
| 1999 | 68.4% | +0.5% |
| 2000 | 64.4% | -5.9% |
| 2001 | 62.4% | -3.0% |
| 2002 | 60.1% | -3.8% |
| 2003 | 59.0% | -1.9% |
| 2004 | 57.0% | -3.3% |
| 2005 | 55.1% | -3.2% |
| 2006 | 53.9% | -2.3% |
| 2007 | 53.8% | -0.2% |
| 2008 | 54.8% | +2.0% |
| 2009 | 54.4% | -0.7% |
| 2010 | 53.4% | -1.8% |
| 2011 | 53.1% | -0.5% |
| 2012 | 54.2% | +2.0% |
| 2013 | 55.4% | +2.2% |
| 2014 | 56.1% | +1.3% |
| 2015 | 59.5% | +6.1% |
| 2016 | 59.8% | +0.4% |
| 2017 | 59.2% | -0.9% |
| 2018 | 58.3% | -1.5% |
| 2019 | 57.2% | -1.9% |
| 2020 | 55.7% | -2.6% |
| 2021 | 54.1% | -2.9% |
| 2022 | 54.4% | +0.6% |
| 2023 | 55.9% | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 86.6% | 84.4% | 91.8% | 7 |
| 1990s | 76.2% | 68.1% | 93.1% | 10 |
| 2000s | 57.5% | 53.8% | 64.4% | 10 |
| 2010s | 56.6% | 53.1% | 59.8% | 10 |
| 2020s | 55.1% | 54.1% | 55.9% | 4 |
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 share of household consumption in gdp vs. gdp per capita in Viet Nam?
- Share of household consumption in gdp vs. gdp per capita in Viet Nam was 55.9% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Viet Nam?
- The highest recorded value was 93.1% in 1990.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Viet Nam?
- The lowest recorded value was 53.1% in 2011.
- How does Viet Nam rank for share of household consumption in gdp vs. gdp per capita?
- Viet Nam ranks 117th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Viet Nam?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Household consumption divided by gross domestic product, expressed as a percentage.