Taxes less subsidies on products (constant LCU), annual growth rate in Vietnam
Vietnam: Taxes less subsidies on products (constant LCU), annual growth rate was 6.22 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Vietnam, 2011–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (constant lcu), annual growth rate in Vietnam stood at 6.22 % change on previous year.
That represents a change of up 9.8% on the previous year and up 12.8% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Vietnam peaked at 7.9 % change on previous year in 2014 and was at its lowest, -1.94 % change on previous year, in 2012.
Vietnam ranks 54th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in Vietnam, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 2.07 % change on previous year | — |
| 2012 | -1.94 % change on previous year | -193.8% |
| 2013 | 6.2 % change on previous year | -419.0% |
| 2014 | 7.9 % change on previous year | +27.4% |
| 2015 | 5.51 % change on previous year | -30.3% |
| 2016 | 6.16 % change on previous year | +11.8% |
| 2017 | 6.25 % change on previous year | +1.5% |
| 2018 | 6.19 % change on previous year | -1.0% |
| 2019 | 6.74 % change on previous year | +8.9% |
| 2020 | 0.8616 % change on previous year | -87.2% |
| 2021 | 2.3 % change on previous year | +166.9% |
| 2022 | 6.18 % change on previous year | +168.8% |
| 2023 | 2.93 % change on previous year | -52.5% |
| 2024 | 5.66 % change on previous year | +92.9% |
| 2025 | 6.22 % change on previous year | +9.8% |
Vietnam compared with similar countries
- Vietnam's 6.22 % change on previous year is above the median for upper middle income countries, which is 4.16 % change on previous year, 1.5× the median. (54 countries reporting)
- Vietnam's 6.22 % change on previous year is above the median for East Asia & Pacific, which is 3.54 % change on previous year, 1.8× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.01 % change on previous year | -1.94 % change on previous year | 7.9 % change on previous year | 9 |
| 2020s | 4.03 % change on previous year | 0.8616 % change on previous year | 6.22 % change on previous year | 6 |
Countries ranked near Vietnam
- 51 Kazakhstan 6.26 % change on previous year compare
- 52 India 6.25 % change on previous year compare
- 53 Turks and Caicos Islands 6.22 % change on previous year compare
- 55 Croatia 6.21 % change on previous year compare
- 56 El Salvador 6.19 % change on previous year compare
- 57 Singapore 6.11 % change on previous year compare
More economy & growth data for Vietnam
- 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 taxes less subsidies on products (constant lcu), annual growth rate in Vietnam?
- Taxes less subsidies on products (constant lcu), annual growth rate in Vietnam was 6.22 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Vietnam?
- The highest recorded value was 7.9 % change on previous year in 2014.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Vietnam?
- The lowest recorded value was -1.94 % change on previous year in 2012.
- How does Vietnam rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Vietnam ranks 54th out of 188 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Vietnam?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.