Vietnam Private Consumption: % of GDP

Key information about Vietnam Private Consumption: % of GDP

• Vietnam Private Consumption accounted for 53.9 % of its Nominal GDP in Dec 2024, compared with a ratio of 54.3 % in the previous year.
• Vietnam Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 2010 to Dec 2024, with an average share of 56.8 %.
• The data reached an all-time high of 59.3 % in Dec 2015 and a record low of 53.9 % in Dec 2024.

CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. General Statistics Office provides Private Consumption Expenditure and Nominal GDP in local currency.


Related information about Vietnam Private Consumption: % of GDP

• In the latest reports, Vietnam GDP expanded 13.1 % YoY in Dec 2024.
• Its Nominal GDP reached 362.6 USD bn in Dec 2021.
• Vietnam GDP Per Capita reached 3,716.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 37.2 % in Dec 2024.

View Vietnam's Private Consumption: % of GDP from 2010 to 2024 in the chart:

What was Vietnam's Private Consumption: % of GDP in 2024?

Vietnam Private Consumption accounted for 53.9 % of its Nominal GDP in Dec 2024, compared with a ratio of 54.3 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
53.9 2024	54.3 2023	53.9 2024	59.3 2015	%	yearly	2010 - 2024

Private Consumption: % of GDP by Country Comparison

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