Value Added (Total Manufacturing) — Value US$, 2015 prices in Vietnam
Vietnam: Value Added (Total Manufacturing) — Value US$, 2015 prices was 94,697 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Vietnam, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Vietnam recorded 94,697 million USD for value added (total manufacturing) — value us$, 2015 prices in 2023. That is the highest value across all 54 years on record.
The figure is up 3.6% on the previous year and up 119.6% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Vietnam peaked at 94,697 million USD in 2023 and was at its lowest, 1,684 million USD, in 1970.
Vietnam ranks 28th of 236 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Vietnam, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,684 million USD | — |
| 1971 | 1,748 million USD | +3.8% |
| 1972 | 1,782 million USD | +2.0% |
| 1973 | 1,757 million USD | -1.4% |
| 1974 | 1,801 million USD | +2.5% |
| 1975 | 1,854 million USD | +3.0% |
| 1976 | 2,058 million USD | +11.0% |
| 1977 | 2,338 million USD | +13.6% |
| 1978 | 2,378 million USD | +1.7% |
| 1979 | 2,540 million USD | +6.8% |
| 1980 | 2,451 million USD | -3.5% |
| 1981 | 2,586 million USD | +5.5% |
| 1982 | 2,811 million USD | +8.7% |
| 1983 | 3,005 million USD | +6.9% |
| 1984 | 3,219 million USD | +7.1% |
| 1985 | 3,500 million USD | +8.7% |
| 1986 | 3,536 million USD | +1.0% |
| 1987 | 3,475 million USD | -1.7% |
| 1988 | 4,235 million USD | +21.9% |
| 1989 | 3,712 million USD | -12.3% |
| 1990 | 3,495 million USD | -5.8% |
| 1991 | 3,854 million USD | +10.3% |
| 1992 | 4,309 million USD | +11.8% |
| 1993 | 4,757 million USD | +10.4% |
| 1994 | 5,240 million USD | +10.2% |
| 1995 | 5,950 million USD | +13.5% |
| 1996 | 6,759 million USD | +13.6% |
| 1997 | 7,626 million USD | +12.8% |
| 1998 | 8,404 million USD | +10.2% |
| 1999 | 9,075 million USD | +8.0% |
| 2000 | 10,135 million USD | +11.7% |
| 2001 | 11,285 million USD | +11.3% |
| 2002 | 12,594 million USD | +11.6% |
| 2003 | 14,047 million USD | +11.5% |
| 2004 | 15,573 million USD | +10.9% |
| 2005 | 17,585 million USD | +12.9% |
| 2006 | 22,096 million USD | +25.7% |
| 2007 | 27,432 million USD | +24.1% |
| 2008 | 33,284 million USD | +21.3% |
| 2009 | 37,633 million USD | +13.1% |
| 2010 | 33,185 million USD | -11.8% |
| 2011 | 37,363 million USD | +12.6% |
| 2012 | 40,495 million USD | +8.4% |
| 2013 | 43,127 million USD | +6.5% |
| 2014 | 45,930 million USD | +6.5% |
| 2015 | 50,149 million USD | +9.2% |
| 2016 | 55,735 million USD | +11.1% |
| 2017 | 62,494 million USD | +12.1% |
| 2018 | 69,668 million USD | +11.5% |
| 2019 | 76,353 million USD | +9.6% |
| 2020 | 80,165 million USD | +5.0% |
| 2021 | 84,466 million USD | +5.4% |
| 2022 | 91,387 million USD | +8.2% |
| 2023 | 94,697 million USD | +3.6% |
Vietnam compared with similar countries
- Vietnam's 94,697 million USD is above the median for upper middle income countries, which is 4,090 million USD, 23.2× the median. (54 countries reporting)
- Vietnam's 94,697 million USD is above the median for East Asia & Pacific, which is 1,228 million USD, 77.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,994 million USD | 1,684 million USD | 2,540 million USD | 10 |
| 1980s | 3,253 million USD | 2,451 million USD | 4,235 million USD | 10 |
| 1990s | 5,947 million USD | 3,495 million USD | 9,075 million USD | 10 |
| 2000s | 20,166 million USD | 10,135 million USD | 37,633 million USD | 10 |
| 2010s | 51,450 million USD | 33,185 million USD | 76,353 million USD | 10 |
| 2020s | 87,679 million USD | 80,165 million USD | 94,697 million USD | 4 |
Countries ranked near Vietnam
- 25 Netherlands (Kingdom of the) 104,297 million USD compare
- 26 Australia and New Zealand 97,667 million USD compare
- 27 Bangladesh 95,456 million USD compare
- 28 Viet Nam 94,697 million USD compare
- 30 Malaysia 93,894 million USD compare
- 31 Saudi Arabia 92,581 million USD 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 value added (total manufacturing) — value us$, 2015 prices in Vietnam?
- Value added (total manufacturing) — value us$, 2015 prices in Vietnam was 94,697 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Vietnam?
- The highest recorded value was 94,697 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Vietnam?
- The lowest recorded value was 1,684 million USD in 1970.
- How does Vietnam rank for value added (total manufacturing) — value us$, 2015 prices?
- Vietnam ranks 28th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Vietnam?
- Over the last ten years it is up 119.6%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).