Value Added (Total Manufacturing) — Value Standard Local Currency in Vietnam
Vietnam: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0047 million SLC per US$ of GDP in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Vietnam, 1985–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Vietnam recorded 0.0047 million SLC per US$ of GDP for value added (total manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is down 1.2% on the previous year and up 8.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Vietnam peaked at 0.0128 million SLC per US$ of GDP in 1989 and was at its lowest, 0.0021 million SLC per US$ of GDP, in 1987.
That places Vietnam 1st out of 193 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 39 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Vietnam, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1985 | 0.0054 million SLC per US$ of GDP | — |
| 1986 | 0.0029 million SLC per US$ of GDP | -45.9% |
| 1987 | 0.0021 million SLC per US$ of GDP | -29.4% |
| 1988 | 0.0036 million SLC per US$ of GDP | +75.7% |
| 1989 | 0.0128 million SLC per US$ of GDP | +254.1% |
| 1990 | 0.0117 million SLC per US$ of GDP | -8.4% |
| 1991 | 0.0087 million SLC per US$ of GDP | -25.8% |
| 1992 | 0.0095 million SLC per US$ of GDP | +8.9% |
| 1993 | 0.0078 million SLC per US$ of GDP | -17.4% |
| 1994 | 0.007 million SLC per US$ of GDP | -10.8% |
| 1995 | 0.0062 million SLC per US$ of GDP | -10.8% |
| 1996 | 0.0059 million SLC per US$ of GDP | -4.5% |
| 1997 | 0.0062 million SLC per US$ of GDP | +3.6% |
| 1998 | 0.0067 million SLC per US$ of GDP | +8.7% |
| 1999 | 0.0069 million SLC per US$ of GDP | +2.4% |
| 2000 | 0.0071 million SLC per US$ of GDP | +2.8% |
| 2001 | 0.0075 million SLC per US$ of GDP | +6.2% |
| 2002 | 0.0078 million SLC per US$ of GDP | +4.0% |
| 2003 | 0.0077 million SLC per US$ of GDP | -1.1% |
| 2004 | 0.0074 million SLC per US$ of GDP | -3.5% |
| 2005 | 0.0066 million SLC per US$ of GDP | -11.0% |
| 2006 | 0.0072 million SLC per US$ of GDP | +9.1% |
| 2007 | 0.0077 million SLC per US$ of GDP | +6.4% |
| 2008 | 0.0073 million SLC per US$ of GDP | -5.2% |
| 2009 | 0.0077 million SLC per US$ of GDP | +5.7% |
| 2010 | 0.0049 million SLC per US$ of GDP | -36.5% |
| 2011 | 0.0047 million SLC per US$ of GDP | -4.0% |
| 2012 | 0.0045 million SLC per US$ of GDP | -4.4% |
| 2013 | 0.0044 million SLC per US$ of GDP | -2.5% |
| 2014 | 0.0043 million SLC per US$ of GDP | -2.5% |
| 2015 | 0.0045 million SLC per US$ of GDP | +6.5% |
| 2016 | 0.0047 million SLC per US$ of GDP | +3.4% |
| 2017 | 0.0048 million SLC per US$ of GDP | +2.5% |
| 2018 | 0.0049 million SLC per US$ of GDP | +1.1% |
| 2019 | 0.005 million SLC per US$ of GDP | +1.6% |
| 2020 | 0.005 million SLC per US$ of GDP | +1.3% |
| 2021 | 0.005 million SLC per US$ of GDP | -0.3% |
| 2022 | 0.0048 million SLC per US$ of GDP | -4.1% |
| 2023 | 0.0047 million SLC per US$ of GDP | -1.2% |
Vietnam compared with similar countries
- Vietnam's 0.0047 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 5405.3× the median. (54 countries reporting)
- Vietnam's 0.0047 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 11339.8× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +254.1% | 0.0036 million SLC per US$ of GDP | 0.0128 million SLC per US$ of GDP |
| 1988 | +75.7% | 0.0021 million SLC per US$ of GDP | 0.0036 million SLC per US$ of GDP |
| 1986 | -45.9% | 0.0054 million SLC per US$ of GDP | 0.0029 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0054 million SLC per US$ of GDP | 0.0021 million SLC per US$ of GDP | 0.0128 million SLC per US$ of GDP | 5 |
| 1990s | 0.0077 million SLC per US$ of GDP | 0.0059 million SLC per US$ of GDP | 0.0117 million SLC per US$ of GDP | 10 |
| 2000s | 0.0074 million SLC per US$ of GDP | 0.0066 million SLC per US$ of GDP | 0.0078 million SLC per US$ of GDP | 10 |
| 2010s | 0.0047 million SLC per US$ of GDP | 0.0043 million SLC per US$ of GDP | 0.005 million SLC per US$ of GDP | 10 |
| 2020s | 0.0049 million SLC per US$ of GDP | 0.0047 million SLC per US$ of GDP | 0.005 million SLC per US$ of GDP | 4 |
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 value added (total manufacturing) — value standard local currency in Vietnam?
- Value added (total manufacturing) — value standard local currency in Vietnam was 0.0047 million SLC per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Vietnam?
- The highest recorded value was 0.0128 million SLC per US$ of GDP in 1989.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Vietnam?
- The lowest recorded value was 0.0021 million SLC per US$ of GDP in 1987.
- How does Vietnam rank for value added (total manufacturing) — value standard local currency?
- Vietnam ranks 1st out of 193 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Vietnam?
- Over the last ten years it is up 8.2%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- 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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.