Vietnam Real GDP Growth

2010 - 2021 | Quarterly | % | CEIC Data

The Gross Domestic Product (GDP) in Vietnam contracted 6.2 % YoY in Mar 2021, following a growth of 28.8 % in the previous quarter. Real GDP Growth YoY data in Vietnam is updated quarterly, available from Jun 2010 to Mar 2021, with an average rate of 17.2 %. The data reached an all-time high of 30.9 % in Jun 2017 and a record low of -41.8 % in Mar 2020. CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The General Statistics Office provides Real GDP in local currency, at 2010 prices.

In the latest reports, Nominal GDP of Vietnam reached 271.2 USD bn in Dec 2020. Its GDP deflator (implicit price deflator) fell 4.7 % in Mar 2021. GDP Per Capita in Vietnam reached 2,777.0 USD in Dec 2020. Its Gross Savings Rate was measured at 24.8 % in Dec 2020. For Nominal GDP contributions, Investment accounted for 26.7 % in Dec 2020. Public Consumption accounted for 6.8 % in Dec 2020. Private Consumption accounted for 68.4 % in Dec 2020.

View Vietnam's Real GDP Growth from Jun 2010 to Mar 2021 in the chart:

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Vietnam Real GDP Growth
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Vietnam Real GDP Growth

What was Vietnam's Real GDP Growth in Mar 2021?

Last Previous Min Max Unit Frequency Range
-6.2 Mar 2021 28.8 Dec 2020 -41.8 Mar 2020 30.9 Jun 2017 % quarterly Jun 2010 - Mar 2021

Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 3.0 Dec 2020 quarterly Mar 2010 - Dec 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -4.7 Dec 2020 quarterly Mar 2005 - Dec 2020
Armenia (%) -8.8 Dec 2020 quarterly Mar 2001 - Dec 2020
Australia (%) -1.1 Dec 2020 quarterly Sep 1960 - Dec 2020
Austria (%) -5.9 Dec 2020 quarterly Mar 1989 - Dec 2020
Azerbaijan (%) -6.1 Dec 2020 quarterly Mar 2001 - Dec 2020
Bahrain (%) -2.1 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -0.2 Dec 2020 quarterly Mar 2006 - Dec 2020
Belgium (%) 14.5 Jun 2021 quarterly Mar 1996 - Jun 2021
Bolivia (%) -21.7 Jun 2020 quarterly Mar 1991 - Jun 2020
Bosnia and Herzegovina (%) -3.8 Dec 2020 quarterly Mar 2009 - Dec 2020
Botswana (%) -4.0 Dec 2020 quarterly Mar 1995 - Dec 2020
Brazil (%) -1.2 Dec 2020 quarterly Mar 1997 - Dec 2020
Brunei (%) -1.4 Dec 2020 quarterly Mar 2005 - Dec 2020
Bulgaria (%) -3.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Cambodia (%) 7.1 2019 yearly 1994 - 2019
Canada (%) -3.2 Dec 2020 quarterly Mar 1962 - Dec 2020
Chile (%) -0.1 Dec 2020 quarterly Mar 1987 - Dec 2020
China (%) 18.3 Mar 2021 quarterly Mar 1992 - Mar 2021
Colombia (%) -3.5 Dec 2020 quarterly Mar 2001 - Dec 2020
Croatia (%) -7.0 Dec 2020 quarterly Mar 1996 - Dec 2020
Cyprus (%) -4.5 Dec 2020 quarterly Mar 1996 - Dec 2020
Czech Republic (%) -4.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Denmark (%) -1.5 Dec 2020 quarterly Mar 1992 - Dec 2020
Ecuador (%) -7.2 Dec 2020 quarterly Mar 1994 - Dec 2020
Egypt (%) 2.0 Dec 2020 quarterly Sep 2002 - Dec 2020
Estonia (%) -1.9 Dec 2020 quarterly Mar 1996 - Dec 2020
European Union (%) -1.7 Mar 2021 quarterly Mar 1996 - Mar 2021
Finland (%) -1.7 Dec 2020 quarterly Mar 1976 - Dec 2020
France (%) 1.5 Mar 2021 quarterly Mar 1950 - Mar 2021
Georgia (%) -6.8 Dec 2020 quarterly Mar 1998 - Dec 2020
Germany (%) 9.2 Jun 2021 quarterly Mar 1992 - Jun 2021
Ghana (%) 0.8 Dec 2020 quarterly Jun 2006 - Dec 2020
Greece (%) -7.9 Dec 2020 quarterly Mar 1996 - Dec 2020
Hong Kong SAR, China (%) -2.9 Dec 2020 quarterly Mar 1991 - Dec 2020
Hungary (%) -4.1 Dec 2020 quarterly Mar 1996 - Dec 2020
Iceland (%) -5.9 Dec 2020 quarterly Mar 1996 - Dec 2020
India (%) 0.4 Dec 2020 quarterly Jun 2005 - Dec 2020
Indonesia (%) -0.7 Mar 2021 quarterly Mar 1994 - Mar 2021
Iran (%) 4.8 Sep 2020 quarterly Jun 1989 - Sep 2020
Ireland (%) -0.2 Dec 2020 quarterly Mar 1996 - Dec 2020
Israel (%) -0.7 Dec 2020 quarterly Mar 1996 - Dec 2020
Italy (%) -1.5 Mar 2021 quarterly Mar 1982 - Mar 2021
Ivory Coast (%) 7.4 2018 yearly 1966 - 2018
Japan (%) -1.3 Dec 2020 quarterly Mar 1956 - Dec 2020
Jordan (%) -1.6 Dec 2020 quarterly Mar 1993 - Dec 2020
Kazakhstan (%) -4.9 Sep 2020 quarterly Mar 2006 - Sep 2020
Kenya (%) -1.9 Sep 2020 quarterly Mar 2010 - Sep 2020
South Korea (%) 1.7 Mar 2021 quarterly Mar 1961 - Mar 2021
Kosovo (%) 5.6 Mar 2021 quarterly Mar 2011 - Mar 2021
Kuwait (%) 1.2 Sep 2020 quarterly Jun 2010 - Sep 2020
Kyrgyzstan (%) -8.6 Dec 2020 quarterly Mar 2007 - Dec 2020
Laos (%) 5.5 2019 yearly 2003 - 2019
Latvia (%) -2.1 Mar 2021 quarterly Mar 1996 - Mar 2021
Lebanon (%) -1.9 2018 yearly 2005 - 2018
Lithuania (%) -1.1 Dec 2020 quarterly Jun 1995 - Dec 2020
Luxembourg (%) 1.4 Dec 2020 quarterly Mar 1996 - Dec 2020
Macau SAR, China (%) -45.9 Dec 2020 quarterly Mar 2002 - Dec 2020
North Macedonia (%) -0.7 Dec 2020 quarterly Mar 2001 - Dec 2020
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) -3.4 Dec 2020 quarterly Mar 2001 - Dec 2020
Malta (%) -6.2 Dec 2020 quarterly Mar 2001 - Dec 2020
Mauritius (%) -12.2 Sep 2020 quarterly Mar 2001 - Sep 2020
Mexico (%) -2.9 Mar 2021 quarterly Mar 1981 - Mar 2021
Moldova (%) 1.0 Dec 2020 quarterly Mar 1996 - Dec 2020
Mongolia (%) -0.3 Dec 2020 quarterly Mar 2011 - Dec 2020
Montenegro (%) -7.5 Dec 2020 quarterly Mar 2011 - Dec 2020
Morocco (%) -6.0 Dec 2020 quarterly Mar 2008 - Dec 2020
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) 6.8 2019 yearly 2011 - 2019
Nepal (%) -2.7 Mar 2020 quarterly Dec 2004 - Mar 2020
Netherlands (%) -3.0 Dec 2020 quarterly Mar 1997 - Dec 2020
New Zealand (%) 1.2 Dec 2020 quarterly Jun 1983 - Dec 2020
Nigeria (%) 0.1 Dec 2020 quarterly Mar 2011 - Dec 2020
Norway (%) -1.1 Dec 2020 quarterly Mar 1979 - Dec 2020
Oman (%) -0.8 2019 yearly 1999 - 2019
Pakistan (%) 0.5 2020 yearly 2001 - 2020
Palestinian Territory (%) 11.8 Sep 2020 quarterly Jun 2011 - Sep 2020
Panama (%) -10.9 Dec 2020 quarterly Mar 2008 - Dec 2020
Paraguay (%) 1.0 Dec 2020 quarterly Mar 1995 - Dec 2020
Peru (%) -1.7 Dec 2020 quarterly Mar 1981 - Dec 2020
Philippines (%) -8.4 Dec 2020 quarterly Mar 1999 - Dec 2020
Poland (%) -2.7 Dec 2020 quarterly Mar 1996 - Dec 2020
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) -3.9 Dec 2020 quarterly Mar 2012 - Dec 2020
Romania (%) -1.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Russia (%) -2.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Saudi Arabia (%) -3.9 Dec 2020 quarterly Mar 2011 - Dec 2020
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) 0.2 Mar 2021 quarterly Mar 1976 - Mar 2021
Slovakia (%) -2.1 Dec 2020 quarterly Mar 1994 - Dec 2020
Slovenia (%) -5.0 Dec 2020 quarterly Mar 1996 - Dec 2020
South Africa (%) -4.2 Dec 2020 quarterly Mar 1961 - Dec 2020
Spain (%) -4.3 Mar 2021 quarterly Mar 1996 - Mar 2021
Sri Lanka (%) 1.3 Dec 2020 quarterly Mar 2011 - Dec 2020
Sudan (%) -1.3 2019 yearly 1983 - 2019
Sweden (%) -2.1 Dec 2020 quarterly Mar 1982 - Dec 2020
Switzerland (%) -1.7 Dec 2020 quarterly Mar 1966 - Dec 2020

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Vietnam Key Series

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Includes 185 key indicators for Vietnam, curated by CEIC analysts. Instant access to full history data in excel.
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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.2 2018 yearly 2010 - 2018
Tax Revenue (USD mn) 12,284.932 Jun 2021 quarterly Mar 2005 - Jun 2021
Tax Revenue: % of GDP (%) 16.9 2020 yearly 2004 - 2020
National Government Debt (USD mn) 125,215.3 2019 yearly 2010 - 2019
Government Debt: % of GDP (%) 48.5 2020 yearly 2010 - 2020
Forecast: Government Expenditure (VND bn) 3,017,043.470 2026 yearly 1998 - 2026
Forecast: Government Net Debt (VND bn) 6,475,625.070 2026 yearly 2000 - 2026
Forecast: Government Revenue (VND bn) 2,576,442.940 2026 yearly 1998 - 2026
State Govt Budget: ytd: Expenditure: Current (VND bn) 560,520.000 Jun 2021 quarterly Dec 2004 - Jun 2021
State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) 193,905.000 Jun 2021 quarterly Dec 2004 - Jun 2021
State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) 58,854.000 Jun 2021 quarterly Dec 2004 - Jun 2021
GD: Outstanding: Domestic: VND (VND bn) 1,793,158.440 2019 yearly 2010 - 2019
GD: Outstanding: External: VND (VND bn) 1,104,699.340 2019 yearly 2002 - 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.432 2026 yearly 1980 - 2026
Trade Balance (USD mn) -1,700.0 Jul 2021 monthly Jan 1996 - Jul 2021
Total Exports (USD mn) 25,500.0 Apr 2021 monthly Jan 1997 - Apr 2021
Total Exports Growth (%) 8.4 Jul 2021 monthly Jan 1998 - Jul 2021
Aluminum: Exports (USD th) 542,252.241 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 149,127.303 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 52,006.200 2020 yearly 1995 - 2020
Total Imports (USD mn) 28,266.7 May 2021 monthly Jan 1997 - May 2021
Total Imports Growth (%) 29.9 Jul 2021 monthly Jan 1998 - Jul 2021
Imports: Medicament (USD th) 2,970,131.540 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 1,066,646.768 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 8,183.255 Jan 2021 monthly Jan 1960 - Jan 2021
Total Imports from USA (USD mn) 1,458.550 Mar 2021 monthly Jan 1990 - Mar 2021
Total Exports to China (USD mn) 3,996.735 May 2021 monthly Jan 2013 - May 2021
Total Imports from China (USD mn) 9,595.330 Apr 2021 monthly Jan 1991 - Apr 2021
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
Exports: Canada (USD) 314,331,082.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Australia (USD) 293,830,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: United States (USD) 4,562,588,364.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: ytd: Crude Oil (USD mn) 814.902 Jul 2021 monthly Dec 1999 - Jul 2021
Exports: ytd: Rice (USD mn) 1,937.415 Jul 2021 monthly Dec 1999 - Jul 2021
Exports: ytd: Aqua Products (USD mn) 4,921.115 Jul 2021 monthly Apr 1998 - Jul 2021
Exports: ytd: Textiles and Garments (USD mn) 18,610.707 Jul 2021 monthly Apr 1998 - Jul 2021
Exports: ytd: Footwear (USD mn) 12,133.441 Jul 2021 monthly Apr 1998 - Jul 2021
Imports: China (USD) 6,536,188,277.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Singapore (USD) 370,217,737.000 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: Thailand (USD) 1,010,176,779.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Australia (USD) 388,919,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: ytd: Garments (USD mn) 8,685.142 Jul 2021 monthly Dec 1999 - Jul 2021
Imports: ytd: Machinery and Spare Parts (USD mn) 27,112.271 Jul 2021 monthly Jan 1998 - Jul 2021
Imports: ytd: Petroleum (USD mn) 2,522.156 Jul 2021 monthly Mar 2000 - Jul 2021
Imports: ytd: Steel Products (USD mn) 6,758.914 Jul 2021 monthly Mar 2000 - Jul 2021
Imports: ytd: Computers, Electronic Product (USD mn) 39,362.491 Jul 2021 monthly Dec 1999 - Jul 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 50.0 Mar 2021 quarterly Dec 2005 - Mar 2021
Current Account Balance (USD mn) 350.0 Mar 2021 quarterly Mar 1996 - Mar 2021
Current Account Balance: % of GDP (%) 3.6 2020 yearly 2010 - 2020
Foreign Direct Investment (USD mn) 4,080.0 Sep 2020 quarterly Mar 1996 - Sep 2020
Foreign Direct Investment: % of GDP (%) 4.6 2020 yearly 1985 - 2020
Foreign Portfolio Investment (USD mn) -349.000 Mar 2021 quarterly Dec 2005 - Mar 2021
Foreign Portfolio Investment: % of GDP (%) -0.0 Sep 2020 quarterly Mar 2012 - Sep 2020
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) 122,779.6 2019 yearly 2010 - 2019
External Debt: % of GDP (%) 47.1 2019 yearly 2010 - 2019
Forecast: Current Account Balance (USD bn) -0.006 2026 yearly 1980 - 2026
Government Debt: % of GDP (%) 48.500 2020 yearly 2010 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.1 Sep 2020 quarterly Dec 2011 - Sep 2020
Money Supply M1 (USD mn) 125,653.975 Mar 2021 monthly Dec 2000 - Mar 2021
Money Supply M2 (USD mn) 496,926.550 Mar 2021 monthly Dec 2000 - Mar 2021
M2 Growth (%) 14.3 Mar 2021 monthly Dec 2001 - Mar 2021
Reserve Requirement Ratio (%) 3.0 Apr 2021 monthly Feb 2010 - Apr 2021
Foreign Exchange Reserves (USD mn) 100,438.6 Apr 2021 monthly Jan 1995 - Apr 2021
Foreign Exchange Reserves: % of GDP (%) 3.000 Apr 2021 monthly Feb 2010 - Apr 2021
Foreign Exchange Reserves: Months of Import (NA) 3.6 Apr 2021 monthly Mar 1997 - Apr 2021
Gold Reserves (USD mn) 581.100 Apr 2021 monthly Jan 1995 - Apr 2021
Domestic Credit (USD mn) 425,707.5 Mar 2021 monthly Dec 1992 - Mar 2021
Domestic Credit Growth (%) 13.6 Mar 2021 monthly Dec 1993 - Mar 2021
Total Loans (USD mn) 400,046.304 Feb 2021 monthly Apr 2012 - Feb 2021
Total Loans Growth (%) 13.99 Mar 2021 monthly Apr 2013 - Mar 2021
Private Debt: % of Nominal GDP (%) 137.91 Dec 2019 quarterly Dec 2010 - Dec 2019
Foreign Reserves: Total Include Gold (USD mn) 98,859.176 Mar 2021 quarterly Mar 1995 - Mar 2021
Foreign Reserves: Foreign Exchange (USD mn) 97,919.680 Mar 2021 quarterly Mar 1995 - Mar 2021
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.543 2019 yearly 2017 - 2019

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