Value Added (Total Manufacturing) — Value US$, annual growth rate in Vietnam

Vietnam: Value Added (Total Manufacturing) — Value US$, annual growth rate was 1.76 % change on previous year in 2023. ◆ Volatile

Latest (2023)
1.76 % change on previous year
Change on year
down 86.0%
World rank
157th
of 236 countries
All-time high
52.96 % change on previous year
in 1992
All-time low
-66.43 % change on previous year
in 1980
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, annual growth rate in Vietnam, 1971–2023

-75-50-2502550197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Vietnam recorded 1.76 % change on previous year for value added (total manufacturing) — value us$, annual growth rate in 2023.

That represents a change of down 86.0% on the previous year and down 84.7% over ten years.

Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Vietnam peaked at 52.96 % change on previous year in 1992 and was at its lowest, -66.43 % change on previous year, in 1980.

Vietnam ranks 157th of 236 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.

Value Added (Total Manufacturing) — Value US$, annual growth rate in Vietnam, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in Vietnam, 1971 to 2023.
Year % change on previous year Change
1971 8.97 % change on previous year
1972 7.04 % change on previous year -21.5%
1973 3.5 % change on previous year -50.2%
1974 7.6 % change on previous year +116.9%
1975 8.08 % change on previous year +6.3%
1976 16.55 % change on previous year +104.9%
1977 19.24 % change on previous year +16.2%
1978 20.58 % change on previous year +7.0%
1979 9.41 % change on previous year -54.3%
1980 -66.43 % change on previous year -806.2%
1981 -21.6 % change on previous year -67.5%
1982 16.87 % change on previous year -178.1%
1983 50.05 % change on previous year +196.8%
1984 51.76 % change on previous year +3.4%
1985 -3.03 % change on previous year -105.9%
1986 3.46 % change on previous year -214.0%
1987 -1.16 % change on previous year -133.4%
1988 29.21 % change on previous year -2628.0%
1989 -8.19 % change on previous year -128.1%
1990 -16.83 % change on previous year +105.3%
1991 26.25 % change on previous year -256.0%
1992 52.96 % change on previous year +101.8%
1993 31.63 % change on previous year -40.3%
1994 21.44 % change on previous year -32.2%
1995 28.05 % change on previous year +30.9%
1996 20.38 % change on previous year -27.3%
1997 18.23 % change on previous year -10.5%
1998 5.44 % change on previous year -70.2%
1999 8.78 % change on previous year +61.4%
2000 14.01 % change on previous year +59.6%
2001 11.74 % change on previous year -16.2%
2002 11.63 % change on previous year -1.0%
2003 12.09 % change on previous year +3.9%
2004 14.2 % change on previous year +17.5%
2005 18.16 % change on previous year +27.9%
2006 31.44 % change on previous year +73.1%
2007 28.85 % change on previous year -8.2%
2008 35.68 % change on previous year +23.6%
2009 15.9 % change on previous year -55.4%
2010 -12.73 % change on previous year -180.0%
2011 27.95 % change on previous year -319.7%
2012 22.9 % change on previous year -18.1%
2013 11.49 % change on previous year -49.8%
2014 7.57 % change on previous year -34.1%
2015 5.45 % change on previous year -28.0%
2016 10.16 % change on previous year +86.5%
2017 15.24 % change on previous year +49.9%
2018 13.82 % change on previous year -9.3%
2019 9.76 % change on previous year -29.4%
2020 4.36 % change on previous year -55.3%
2021 7.99 % change on previous year +83.1%
2022 12.52 % change on previous year +56.6%
2023 1.76 % change on previous year -86.0%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, annual growth rate 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.

YearChange FromTo
1988 +2628.0% -1.16 % change on previous year 29.21 % change on previous year
1980 -806.2% 9.41 % change on previous year -66.43 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.22 % change on previous year 3.5 % change on previous year 20.58 % change on previous year 9
1980s 5.09 % change on previous year -66.43 % change on previous year 51.76 % change on previous year 10
1990s 19.63 % change on previous year -16.83 % change on previous year 52.96 % change on previous year 10
2000s 19.37 % change on previous year 11.63 % change on previous year 35.68 % change on previous year 10
2010s 11.16 % change on previous year -12.73 % change on previous year 27.95 % change on previous year 10
2020s 6.66 % change on previous year 1.76 % change on previous year 12.52 % change on previous year 4

Countries ranked near Vietnam

  1. 154 Morocco 1.92 % change on previous year compare
  2. 155 Saint Vincent and the Grenadines 1.85 % change on previous year compare
  3. 156 Philippines 1.76 % change on previous year compare
  4. 157 Viet Nam 1.76 % change on previous year compare
  5. 159 Iceland 1.75 % change on previous year compare
  6. 160 Fiji 1.64 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Vietnam

All data for Vietnam →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in Vietnam?
Value added (total manufacturing) — value us$, annual growth rate in Vietnam was 1.76 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Vietnam?
The highest recorded value was 52.96 % change on previous year in 1992.
What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Vietnam?
The lowest recorded value was -66.43 % change on previous year in 1980.
How does Vietnam rank for value added (total manufacturing) — value us$, annual growth rate?
Vietnam ranks 157th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Vietnam?
Over the last ten years it is down 84.7%. 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 Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, annual growth rate in Vietnam. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/viet-nam/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.