Vietnam Public Consumption: % of GDP
Key information about Vietnam Public Consumption: % of GDP
- Vietnam Public Consumption accounted for 8.9 % of its Nominal GDP in Dec 2024, compared with a share of 8.8 % in the previous year.
- Vietnam Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 2010 to Dec 2024, with an average number of 10.1 %.
- The data reached an all-time high of 10.9 % in Dec 2013 and a record low of 8.8 % in Dec 2022.
CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. The National Statistics Office provides Government Consumption Expenditure and Nominal GDP in local currency.
Related information about Vietnam Public Consumption: % of GDP
- In the latest reports, Vietnam GDP expanded 3.0 % YoY in Sep 2025.
- Vietnam Nominal GDP reached 476.3 USD bn in Dec 2024.
- Its GDP deflator (implicit price deflator) increased 3.4 % in Sep 2025.
- Vietnam GDP Per Capita reached 4,700.0 USD in Dec 2024.
- Its Gross Savings Rate was measured at 37.2 % in Dec 2024.
- For Nominal GDP contributions, Investment accounted for 30.6 % in Dec 2024.
- Private Consumption accounted for 53.9 % in Dec 2024.
View Vietnam's Public Consumption: % of GDP from 2010 to 2024 in the chart:
What was Vietnam's Public Consumption: % of GDP in 2024?
Vietnam Public Consumption accounted for 8.9 % of its Nominal GDP in Dec 2024, compared with a share of 8.8 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 8.9 2024 | 8.8 2023 | 8.8 2022 | 10.9 2013 | % | yearly | 2010 - 2024 |
Public Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 12.3 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Algeria (%) | 18.1 2024 | yearly | 1950 - 2024 |
| Argentina (%) | 15.3 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Armenia (%) | 10.9 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| Australia (%) | 24.0 Jun 2025 | quarterly | Sep 1959 - Jun 2025 |
| Austria (%) | 22.2 Dec 2025 | quarterly | Mar 1988 - Dec 2025 |
| Azerbaijan (%) | 16.4 Dec 2025 | quarterly | Mar 2001 - Dec 2025 |
| Bahrain (%) | 14.2 2024 | yearly | 1975 - 2024 |
| Bangladesh (%) | 5.8 2025 | yearly | 1973 - 2025 |
| Belarus (%) | 20.3 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Belgium (%) | 24.0 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Bolivia (%) | 21.6 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Bosnia and Herzegovina (%) | 19.1 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Botswana (%) | 30.7 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Brazil (%) | 21.7 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Brunei (%) | 22.6 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Bulgaria (%) | 23.4 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Cambodia (%) | 6.0 2022 | yearly | 1993 - 2022 |
| Canada (%) | 21.9 Dec 2025 | quarterly | Mar 1961 - Dec 2025 |
| Chile (%) | 14.7 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| China (%) | 16.6 2024 | yearly | 1952 - 2024 |
| Colombia (%) | 12.4 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Croatia (%) | 19.8 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Cyprus (%) | 22.4 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Czech Republic (%) | 18.9 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Denmark (%) | 24.1 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Ecuador (%) | 12.0 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Egypt (%) | 5.2 Dec 2025 | quarterly | Sep 2001 - Dec 2025 |
| Estonia (%) | 23.0 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| European Union (%) | 22.7 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Finland (%) | 24.5 Sep 2025 | quarterly | Mar 1975 - Sep 2025 |
| France (%) | 24.4 Mar 2026 | quarterly | Mar 1980 - Mar 2026 |
| Georgia (%) | 14.3 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Germany (%) | 23.6 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Ghana (%) | 4.8 2024 | yearly | 2006 - 2024 |
| Greece (%) | 16.5 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Hong Kong SAR, China (%) | 12.1 Sep 2025 | quarterly | Mar 1973 - Sep 2025 |
| Hungary (%) | 21.2 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Iceland (%) | 26.9 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| India (%) | 10.2 Dec 2025 | quarterly | Jun 1996 - Dec 2025 |
| Indonesia (%) | 7.2 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Iran (%) | 9.7 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Ireland (%) | 10.3 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Israel (%) | 24.8 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Italy (%) | 20.4 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Ivory Coast (%) | 8.9 2024 | yearly | 1960 - 2024 |
| Japan (%) | 19.3 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Jordan (%) | 15.3 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 12.1 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Kenya (%) | 11.2 2025 | yearly | 1960 - 2025 |
| South Korea (%) | 16.7 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Kosovo (%) | 15.6 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Kuwait (%) | 25.8 2024 | yearly | 1962 - 2024 |
| Kyrgyzstan (%) | 17.2 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 25.1 Dec 2025 | quarterly | Mar 1992 - Dec 2025 |
| Lebanon (%) | 9.6 2024 | yearly | 2004 - 2024 |
| Lithuania (%) | 20.6 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Luxembourg (%) | 23.3 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Macau SAR, China (%) | 13.8 Dec 2025 | quarterly | Mar 1998 - Dec 2025 |
| North Macedonia (%) | 15.4 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Malawi (%) | 19.0 2023 | yearly | 1960 - 2023 |
| Malaysia (%) | 11.3 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Malta (%) | 19.0 Dec 2025 | quarterly | Mar 1992 - Dec 2025 |
| Mauritius (%) | 13.8 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Mexico (%) | 11.9 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Moldova (%) | 14.0 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Mongolia (%) | 13.3 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Montenegro (%) | 17.1 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Morocco (%) | 17.9 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Mozambique (%) | 18.4 2024 | yearly | 1963 - 2024 |
| Nepal (%) | 7.3 2025 | yearly | 1975 - 2025 |
| Netherlands (%) | 26.1 Sep 2025 | quarterly | Mar 1977 - Sep 2025 |
| New Zealand (%) | 20.6 Dec 2025 | quarterly | Jun 1987 - Dec 2025 |
| Nigeria (%) | 4.6 2024 | yearly | 1981 - 2024 |
| Norway (%) | 22.4 Dec 2025 | quarterly | Mar 1978 - Dec 2025 |
| Oman (%) | 18.7 2024 | yearly | 1980 - 2024 |
| Pakistan (%) | 9.3 2025 | yearly | 1960 - 2025 |
| Palestinian Territory (%) | 18.9 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Panama (%) | 13.2 2024 | yearly | 1996 - 2024 |
| Paraguay (%) | 12.0 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Peru (%) | 13.2 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Philippines (%) | 15.5 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Poland (%) | 23.3 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Portugal (%) | 15.7 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 16.1 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Russia (%) | 20.1 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Saudi Arabia (%) | 21.1 Dec 2025 | quarterly | Mar 2003 - Dec 2025 |
| Serbia (%) | 19.7 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Singapore (%) | 10.3 2025 | yearly | 1960 - 2025 |
| Slovakia (%) | 20.8 Jun 2025 | quarterly | Mar 1990 - Jun 2025 |
| Slovenia (%) | 21.8 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| South Africa (%) | 18.9 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Spain (%) | 17.9 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Sri Lanka (%) | 7.4 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Sudan (%) | 16.6 2024 | yearly | 1960 - 2024 |
| Sweden (%) | 26.3 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Switzerland (%) | 12.0 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.7 2023 | yearly | 2010 - 2023 |
| Tax Revenue (USD mn) | 24,336.875 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Tax Revenue: % of GDP (%) | 9.6 2025 | yearly | 2010 - 2025 |
| National Government Debt (USD mn) | 150,597.5 2024 | yearly | 2010 - 2024 |
| Government Debt: % of GDP (%) | 31.8 2024 | yearly | 2010 - 2024 |
| Forecast: Government Expenditure (VND bn) | 4,359,943.524 2031 | yearly | 1998 - 2031 |
| Forecast: Government Net Debt (VND bn) | 5,484,143.317 2031 | yearly | 2000 - 2031 |
| Forecast: Government Revenue (VND bn) | 4,102,417.289 2031 | yearly | 1998 - 2031 |
| GD: Outstanding: External: VND (VND bn) | 892,951.350 2024 | yearly | 2002 - 2024 |
| GD: Outstanding: Domestic: VND (VND bn) | 2,763,104.210 2024 | yearly | 2010 - 2024 |
| State Govt Budget: ytd: Expenditure excl Principal Payment (VND bn) | 530,143.000 Mar 2026 | quarterly | Dec 2004 - Mar 2026 |
| State Govt Budget: ytd: Expenditure: Current (VND bn) | 376,779.000 Mar 2026 | quarterly | Dec 2004 - Mar 2026 |
| State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) | 182,382.090 Mar 2026 | quarterly | Dec 2004 - Mar 2026 |
| State Govt Budget: ytd: Revenue (VND bn) | 829,366.251 Mar 2026 | quarterly | Dec 2004 - Mar 2026 |
| State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) | 34,098.988 Mar 2026 | quarterly | Dec 2004 - Mar 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 9.484 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -3,993.4 Apr 2026 | monthly | Jan 1996 - Apr 2026 |
| Total Exports (USD mn) | 45,986.2 Apr 2026 | monthly | Jan 1997 - Apr 2026 |
| Total Exports Growth (%) | 22.4 Apr 2026 | monthly | Jan 1998 - Apr 2026 |
| Aluminum: Exports (USD th) | 1,286,280.590 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 214,236.565 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 77,843.340 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 49,979.6 Apr 2026 | monthly | Jan 1997 - Apr 2026 |
| Total Imports Growth (%) | 35.7 Apr 2026 | monthly | Jan 1998 - Apr 2026 |
| Imports: Medicament (USD th) | 2,579,374.106 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,570,776.356 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 15,075.220 Apr 2026 | monthly | Jan 1990 - Apr 2026 |
| Total Imports from USA (USD mn) | 1,886.056 Apr 2026 | monthly | Jan 1990 - Apr 2026 |
| Total Exports to China (USD mn) | 6,147.352 Apr 2026 | monthly | Jan 2013 - Apr 2026 |
| Total Imports from China (USD mn) | 20,209.680 Apr 2026 | monthly | Jan 1991 - Apr 2026 |
| Exports: Australia (USD) | 293,830,219.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: Canada (USD) | 314,331,082.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: United States (USD) | 4,562,588,364.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: China (USD) | 2,888,701,593.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: Japan (USD) | 1,467,599,017.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: Thailand (USD) | 1,010,176,779.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: United States of America (USD) | 1,363,320,562.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: China (USD) | 6,536,188,277.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: Australia (USD) | 388,919,219.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: Singapore (USD) | 370,217,737.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Export Value Index (2015=100) | 218.300 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 196.700 2023 | yearly | 1980 - 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 190.0 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Current Account Balance (USD mn) | 7,654.0 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Current Account Balance: % of GDP (%) | 6.4 2025 | yearly | 2010 - 2025 |
| Foreign Direct Investment (USD mn) | 7,040.0 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 4.3 2025 | yearly | 1985 - 2025 |
| Foreign Portfolio Investment (USD mn) | -828.000 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -0.6 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -98.0 Dec 2014 | quarterly | Mar 2005 - Dec 2014 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -83.000 Dec 2014 | quarterly | Mar 2005 - Dec 2014 |
| External Debt (USD mn) | 132,510.5 2024 | yearly | 2010 - 2024 |
| External Debt: % of GDP (%) | 27.9 2024 | yearly | 2010 - 2024 |
| External Debt: Short Term (USD mn) | 37,087.4 2024 | yearly | 1981 - 2024 |
| External Debt: Short Term: % of GDP (%) | 7.8 2024 | yearly | 1985 - 2024 |
| Forecast: Current Account Balance (USD bn) | 3.977 2031 | yearly | 1980 - 2031 |
| Government Debt: % of GDP (%) | 33.500 2023 | yearly | 2010 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.8 Mar 2024 | quarterly | Dec 2011 - Mar 2024 |
| Money Supply M1 (USD mn) | 140,458.600 Nov 2023 | monthly | Dec 2000 - Nov 2023 |
| Money Supply M2 (USD mn) | 591,051.206 Nov 2023 | monthly | Dec 2000 - Nov 2023 |
| M2 Growth (%) | 10.2 Nov 2023 | monthly | Dec 2001 - Nov 2023 |
| Reserve Requirement Ratio (%) | 3.0 Apr 2026 | monthly | Feb 2010 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 80,279.8 Jul 2025 | monthly | Jan 1995 - Jul 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 3.000 Apr 2026 | monthly | Feb 2010 - Apr 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.9 Dec 2025 | monthly | Mar 1997 - Dec 2025 |
| Gold Reserves (USD mn) | 1,364.250 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Domestic Credit (USD mn) | 548,147.2 Nov 2023 | monthly | Dec 1992 - Nov 2023 |
| Domestic Credit Growth (%) | 11.5 Nov 2023 | monthly | Dec 1993 - Nov 2023 |
| Total Loans (USD mn) | 752,370.109 Feb 2026 | monthly | Apr 2012 - Feb 2026 |
| Total Loans Growth (%) | 19.74 Feb 2026 | monthly | Apr 2013 - Feb 2026 |
| Private Debt: % of Nominal GDP (%) | 127.79 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Foreign Reserves: Foreign Exchange (USD mn) | 83,618.780 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Foreign Reserves: Total Include Gold (USD mn) | 86,944.618 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 61.543 2019 | yearly | 2017 - 2019 |
More Indicators for Vietnam
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