Taxes less subsidies on products (current US$), annual growth rate in Vietnam
Vietnam: Taxes less subsidies on products (current US$), annual growth rate was 6.22 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Vietnam, 2011–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (current us$), annual growth rate in Vietnam stood at 6.22 % change on previous year.
Compared with earlier readings it is down 19.7% on the previous year and up 40.6% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Vietnam peaked at 12.14 % change on previous year in 2014 and was at its lowest, -2.5 % change on previous year, in 2012.
Vietnam ranks 126th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Vietnam, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 9.55 % change on previous year | — |
| 2012 | -2.5 % change on previous year | -126.2% |
| 2013 | 7.35 % change on previous year | -393.7% |
| 2014 | 12.14 % change on previous year | +65.1% |
| 2015 | 4.43 % change on previous year | -63.5% |
| 2016 | 9.19 % change on previous year | +107.7% |
| 2017 | 8.09 % change on previous year | -11.9% |
| 2018 | 8.78 % change on previous year | +8.4% |
| 2019 | 7.39 % change on previous year | -15.9% |
| 2020 | 1.65 % change on previous year | -77.7% |
| 2021 | 5.47 % change on previous year | +231.7% |
| 2022 | 9.64 % change on previous year | +76.4% |
| 2023 | 1.88 % change on previous year | -80.5% |
| 2024 | 7.75 % change on previous year | +311.9% |
| 2025 | 6.22 % change on previous year | -19.7% |
Vietnam compared with similar countries
- Vietnam's 6.22 % change on previous year is below the median for upper middle income countries, which is 7.9 % change on previous year, 79% of the median. (55 countries reporting)
- Vietnam's 6.22 % change on previous year is above the median for East Asia & Pacific, which is 2.09 % change on previous year, 3.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.16 % change on previous year | -2.5 % change on previous year | 12.14 % change on previous year | 9 |
| 2020s | 5.43 % change on previous year | 1.65 % change on previous year | 9.64 % change on previous year | 6 |
Countries ranked near Vietnam
- 123 Algeria 6.58 % change on previous year compare
- 124 Qatar 6.56 % change on previous year compare
- 125 Norway 6.46 % change on previous year compare
- 127 Cyprus 6.22 % change on previous year compare
- 128 Iceland 5.83 % change on previous year compare
- 129 Georgia 5.8 % change on previous year compare
More economy & growth data for Vietnam
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.31 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0251 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0028 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 15.54 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Vietnam?
- Taxes less subsidies on products (current us$), 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 (current us$), annual growth rate recorded in Vietnam?
- The highest recorded value was 12.14 % change on previous year in 2014.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Vietnam?
- The lowest recorded value was -2.5 % change on previous year in 2012.
- How does Vietnam rank for taxes less subsidies on products (current us$), annual growth rate?
- Vietnam ranks 126th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Vietnam?
- Over the last ten years it is up 40.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.