Taxes less subsidies on products (constant LCU), per unit of GDP in Vietnam
Vietnam: Taxes less subsidies on products (constant LCU), per unit of GDP was 1,144 constant LCU per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (constant LCU), per unit of GDP in Vietnam, 2010–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Vietnam recorded 1,144 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2025. That is the lowest value across all 16 years on record.
That represents a change of down 1.7% on the previous year and down 24.8% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Vietnam peaked at 2,043 constant LCU per US$ of GDP in 2010 and was at its lowest, 1,144 constant LCU per US$ of GDP, in 2025.
Vietnam ranks 2nd of 189 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 16 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Vietnam, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | 2,043 constant LCU per US$ of GDP | — |
| 2011 | 1,778 constant LCU per US$ of GDP | -12.9% |
| 2012 | 1,539 constant LCU per US$ of GDP | -13.5% |
| 2013 | 1,496 constant LCU per US$ of GDP | -2.8% |
| 2014 | 1,477 constant LCU per US$ of GDP | -1.2% |
| 2015 | 1,521 constant LCU per US$ of GDP | +2.9% |
| 2016 | 1,502 constant LCU per US$ of GDP | -1.2% |
| 2017 | 1,459 constant LCU per US$ of GDP | -2.9% |
| 2018 | 1,405 constant LCU per US$ of GDP | -3.7% |
| 2019 | 1,391 constant LCU per US$ of GDP | -1.0% |
| 2020 | 1,354 constant LCU per US$ of GDP | -2.7% |
| 2021 | 1,310 constant LCU per US$ of GDP | -3.2% |
| 2022 | 1,233 constant LCU per US$ of GDP | -5.9% |
| 2023 | 1,209 constant LCU per US$ of GDP | -1.9% |
| 2024 | 1,164 constant LCU per US$ of GDP | -3.8% |
| 2025 | 1,144 constant LCU per US$ of GDP | -1.7% |
Vietnam compared with similar countries
- Vietnam's 1,144 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 3238.3× the median. (54 countries reporting)
- Vietnam's 1,144 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 0.1427 constant LCU per US$ of GDP, 8018.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,561 constant LCU per US$ of GDP | 1,391 constant LCU per US$ of GDP | 2,043 constant LCU per US$ of GDP | 10 |
| 2020s | 1,236 constant LCU per US$ of GDP | 1,144 constant LCU per US$ of GDP | 1,354 constant LCU per US$ of GDP | 6 |
Countries ranked near Vietnam
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), per unit of gdp in Vietnam?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Vietnam was 1,144 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Vietnam?
- The highest recorded value was 2,043 constant LCU per US$ of GDP in 2010.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Vietnam?
- The lowest recorded value was 1,144 constant LCU per US$ of GDP in 2025.
- How does Vietnam rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Vietnam ranks 2nd out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Vietnam?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.