Vietnam Real GDP Growth

2010 - 2020 | Quarterly | % | CEIC Data

The Gross Domestic Product (GDP) in Vietnam expanded 28.8 % YoY in Dec 2020, following a growth of 10.8 % in the previous quarter. Real GDP Growth YoY data in Vietnam is updated quarterly, available from Jun 2010 to Dec 2020, with an average rate of 23.6 %. 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) increased 1.3 % in Dec 2020. 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 Dec 2020 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 Dec 2020?

Last Previous Min Max Unit Frequency Range
28.8 Dec 2020 10.8 Sep 2020 -41.8 Mar 2020 30.9 Jun 2017 % quarterly Jun 2010 - Dec 2020

Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) -3.5 Sep 2020 quarterly Mar 2010 - Sep 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -10.1 Sep 2020 quarterly Mar 2005 - Sep 2020
Armenia (%) -9.1 Sep 2020 quarterly Mar 2001 - Sep 2020
Australia (%) -3.8 Sep 2020 quarterly Sep 1960 - Sep 2020
Austria (%) -4.2 Sep 2020 quarterly Mar 1989 - Sep 2020
Azerbaijan (%) 0.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) -5.5 Dec 2020 quarterly Mar 2009 - Dec 2020
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -0.2 Sep 2020 quarterly Mar 2006 - Sep 2020
Belgium (%) -5.1 Dec 2020 quarterly Mar 1996 - Dec 2020
Bolivia (%) -21.7 Jun 2020 quarterly Mar 1991 - Jun 2020
Bosnia and Herzegovina (%) -6.3 Sep 2020 quarterly Mar 2009 - Sep 2020
Botswana (%) -5.9 Sep 2020 quarterly Mar 1995 - Sep 2020
Brazil (%) -3.9 Sep 2020 quarterly Mar 1997 - Sep 2020
Brunei (%) 0.5 Sep 2020 quarterly Mar 2005 - Sep 2020
Bulgaria (%) -5.2 Sep 2020 quarterly Mar 1996 - Sep 2020
Cambodia (%) 7.1 2019 yearly 1994 - 2019
Canada (%) -5.2 Sep 2020 quarterly Mar 1962 - Sep 2020
Chile (%) -10.3 Sep 2020 quarterly Mar 1987 - Sep 2020
China (%) 6.5 Dec 2020 quarterly Mar 1992 - Dec 2020
Colombia (%) -9.5 Sep 2020 quarterly Mar 2001 - Sep 2020
Croatia (%) -10.0 Sep 2020 quarterly Mar 1996 - Sep 2020
Cyprus (%) -4.4 Sep 2020 quarterly Mar 1996 - Sep 2020
Czech Republic (%) -5.0 Sep 2020 quarterly Mar 1996 - Sep 2020
Denmark (%) -3.7 Sep 2020 quarterly Mar 1992 - Sep 2020
Ecuador (%) -8.8 Sep 2020 quarterly Mar 1994 - Sep 2020
Egypt (%) -1.7 Jun 2020 quarterly Sep 2002 - Jun 2020
Estonia (%) -2.7 Sep 2020 quarterly Mar 1996 - Sep 2020
European Union (%) -4.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Finland (%) -3.0 Sep 2020 quarterly Mar 1976 - Sep 2020
France (%) -5.0 Dec 2020 quarterly Mar 1950 - Dec 2020
Georgia (%) -5.6 Sep 2020 quarterly Mar 1998 - Sep 2020
Germany (%) -3.6 Dec 2020 quarterly Mar 1992 - Dec 2020
Ghana (%) -0.3 Sep 2020 quarterly Jun 2006 - Sep 2020
Greece (%) -11.7 Sep 2020 quarterly Mar 1996 - Sep 2020
Hong Kong SAR, China (%) -3.4 Sep 2020 quarterly Mar 1991 - Sep 2020
Hungary (%) -4.6 Sep 2020 quarterly Mar 1996 - Sep 2020
Iceland (%) -6.7 Sep 2020 quarterly Mar 1996 - Sep 2020
India (%) -7.5 Sep 2020 quarterly Jun 2005 - Sep 2020
Indonesia (%) -2.2 Dec 2020 quarterly Mar 1994 - Dec 2020
Iran (%) -2.8 Jun 2020 quarterly Jun 1989 - Jun 2020
Ireland (%) 8.1 Sep 2020 quarterly Mar 1996 - Sep 2020
Israel (%) -1.1 Sep 2020 quarterly Mar 1996 - Sep 2020
Italy (%) -6.6 Dec 2020 quarterly Mar 1982 - Dec 2020
Ivory Coast (%) 7.4 2018 yearly 1966 - 2018
Japan (%) -5.7 Sep 2020 quarterly Mar 1956 - Sep 2020
Jordan (%) -2.2 Sep 2020 quarterly Mar 1993 - Sep 2020
Kazakhstan (%) -4.9 Sep 2020 quarterly Mar 2006 - Sep 2020
Kenya (%) -1.9 Sep 2020 quarterly Mar 2010 - Sep 2020
South Korea (%) -1.3 Dec 2020 quarterly Mar 1961 - Dec 2020
Kosovo (%) 0.7 Dec 2020 quarterly Mar 2011 - Dec 2020
Kuwait (%) -2.5 Mar 2020 quarterly Jun 2010 - Mar 2020
Kyrgyzstan (%) -6.0 Sep 2020 quarterly Mar 2007 - Sep 2020
Laos (%) 5.5 2019 yearly 2003 - 2019
Latvia (%) -1.7 Dec 2020 quarterly Mar 1996 - Dec 2020
Lebanon (%) -1.9 2018 yearly 2005 - 2018
Lithuania (%) -1.3 Dec 2020 quarterly Jun 1995 - Dec 2020
Luxembourg (%) 0.5 Sep 2020 quarterly Mar 1996 - Sep 2020
Macau SAR, China (%) -63.8 Sep 2020 quarterly Mar 2002 - Sep 2020
North Macedonia (%) -3.3 Sep 2020 quarterly Mar 2001 - Sep 2020
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) -2.7 Sep 2020 quarterly Mar 2001 - Sep 2020
Malta (%) -9.9 Sep 2020 quarterly Mar 2001 - Sep 2020
Mauritius (%) -32.5 Jun 2020 quarterly Mar 2001 - Jun 2020
Mexico (%) -4.6 Dec 2020 quarterly Mar 1981 - Dec 2020
Moldova (%) 0.9 Sep 2020 quarterly Mar 1996 - Sep 2020
Mongolia (%) -3.1 Sep 2020 quarterly Mar 2011 - Sep 2020
Montenegro (%) -26.9 Sep 2020 quarterly Mar 2011 - Sep 2020
Morocco (%) -7.2 Sep 2020 quarterly Mar 2008 - Sep 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 (%) -2.5 Sep 2020 quarterly Mar 1997 - Sep 2020
New Zealand (%) 3.9 Sep 2020 quarterly Jun 1983 - Sep 2020
Nigeria (%) -3.6 Sep 2020 quarterly Mar 2011 - Sep 2020
Norway (%) -0.1 Sep 2020 quarterly Mar 1979 - Sep 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 (%) -23.6 Sep 2020 quarterly Mar 2008 - Sep 2020
Paraguay (%) -1.2 Sep 2020 quarterly Mar 1995 - Sep 2020
Peru (%) -9.4 Sep 2020 quarterly Mar 1981 - Sep 2020
Philippines (%) -8.4 Dec 2020 quarterly Mar 1999 - Dec 2020
Poland (%) -1.8 Sep 2020 quarterly Mar 1996 - Sep 2020
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) -4.5 Sep 2020 quarterly Mar 2012 - Sep 2020
Romania (%) -5.7 Sep 2020 quarterly Mar 1996 - Sep 2020
Russia (%) -3.0 Sep 2020 quarterly Mar 1996 - Sep 2020
Saudi Arabia (%) -4.6 Sep 2020 quarterly Mar 2011 - Sep 2020
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) -3.8 Dec 2020 quarterly Mar 1976 - Dec 2020
Slovakia (%) -2.3 Sep 2020 quarterly Mar 1994 - Sep 2020
Slovenia (%) -2.9 Sep 2020 quarterly Mar 1996 - Sep 2020
South Africa (%) -6.1 Sep 2020 quarterly Mar 1961 - Sep 2020
Spain (%) -9.1 Dec 2020 quarterly Mar 1996 - Dec 2020
Sri Lanka (%) 1.5 Sep 2020 quarterly Mar 2011 - Sep 2020
Sudan (%) -1.3 2019 yearly 1983 - 2019
Sweden (%) -2.6 Dec 2020 quarterly Mar 1982 - Dec 2020
Switzerland (%) -1.7 Sep 2020 quarterly Mar 1966 - Sep 2020

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Vietnam Key Series

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Includes 215 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 (%) -5.2 2018 yearly 1990 - 2018
Tax Revenue (USD mn) 10,630.267 Dec 2020 quarterly Mar 2005 - Dec 2020
Tax Revenue: % of GDP (%) 15.5 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: Revenue (VND bn) 1,323,100.000 Dec 2020 quarterly Dec 2004 - Dec 2020
State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) 310,209.600 Dec 2020 quarterly Dec 2004 - Dec 2020
State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) 89,094.700 Dec 2020 quarterly Dec 2004 - Dec 2020
State Govt Budget: ytd: Expenditure: Current (VND bn) 1,190,848.000 Dec 2020 quarterly Dec 2004 - Dec 2020
State Govt Budget: ytd: Expenditure excl Principal Payment (VND bn) 1,686,210.000 Dec 2020 quarterly Dec 2004 - Dec 2020
GD: Outstanding: External: VND (VND bn) 1,104,699.340 2019 yearly 2002 - 2019
GD: Outstanding: Domestic: VND (VND bn) 1,793,158.440 2019 yearly 2010 - 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.432 2026 yearly 1980 - 2026
Trade Balance (USD mn) 400.0 Mar 2021 monthly Jan 1996 - Mar 2021
Total Exports (USD mn) 20,195.7 Feb 2021 monthly Jan 1997 - Feb 2021
Total Exports Growth (%) 19.2 Mar 2021 monthly Jan 1998 - Mar 2021
Aluminum: Exports (USD th) 511,130.993 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 159,636.486 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 44,110.322 2019 yearly 1995 - 2019
Total Imports (USD mn) 27,904.8 Dec 2020 monthly Jan 1997 - Dec 2020
Total Imports Growth (%) 27.7 Mar 2021 monthly Jan 1998 - Mar 2021
Imports: Medicament (USD th) 2,748,985.842 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 973,341.948 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 8,183.255 Jan 2021 monthly Jan 1960 - Jan 2021
Total Imports from USA (USD mn) 1,049.427 Oct 2020 monthly Jan 1990 - Oct 2020
Total Exports to China (USD mn) 3,368.444 Feb 2021 monthly Jan 2013 - Feb 2021
Total Imports from China (USD mn) 6,262.461 Feb 2021 monthly Jan 1991 - Feb 2021
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: China (USD) 2,888,701,593.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: ytd: Crude Oil (USD mn) 383.737 Mar 2021 monthly Dec 1999 - Mar 2021
Exports: ytd: Textiles and Garments (USD mn) 7,183.674 Mar 2021 monthly Apr 1998 - Mar 2021
Exports: ytd: Aqua Products (USD mn) 1,687.426 Mar 2021 monthly Apr 1998 - Mar 2021
Exports: ytd: Footwear (USD mn) 4,738.436 Mar 2021 monthly Apr 1998 - Mar 2021
Exports: ytd: Rice (USD mn) 605.840 Mar 2021 monthly Dec 1999 - Mar 2021
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: Australia (USD) 388,919,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Thailand (USD) 1,010,176,779.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: China (USD) 6,536,188,277.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: ytd: Machinery and Spare Parts (USD mn) 10,813.907 Mar 2021 monthly Jan 1998 - Mar 2021
Imports: ytd: Garments (USD mn) 2,890.595 Mar 2021 monthly Dec 1999 - Mar 2021
Imports: ytd: Steel Products (USD mn) 2,569.288 Mar 2021 monthly Mar 2000 - Mar 2021
Imports: ytd: Petroleum (USD mn) 1,007.083 Mar 2021 monthly Mar 2000 - Mar 2021
Imports: ytd: Computers, Electronic Product (USD mn) 16,787.665 Mar 2021 monthly Dec 1999 - Mar 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 75.0 Sep 2020 quarterly Dec 2005 - Sep 2020
Current Account Balance (USD mn) 8,368.0 Sep 2020 quarterly Mar 1996 - Sep 2020
Current Account Balance: % of GDP (%) 4.8 2019 yearly 1989 - 2019
Foreign Direct Investment (USD mn) 4,080.0 Sep 2020 quarterly Mar 1996 - Sep 2020
Foreign Direct Investment: % of GDP (%) 6.2 2019 yearly 1985 - 2019
Foreign Portfolio Investment: Equity Securities (USD mn) -98.0 Dec 2014 quarterly Mar 2005 - Dec 2014
Foreign Portfolio Investment: % of GDP (%) 1.1 2019 yearly 2005 - 2019
Foreign Portfolio Investment: Debt Securities (USD mn) -83.000 Dec 2014 quarterly Mar 2005 - Dec 2014
Foreign Portfolio Investment (USD mn) -16.000 Sep 2020 quarterly Dec 2005 - Sep 2020
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) 111,866.953 Dec 2019 monthly Dec 2000 - Dec 2019
Money Supply M2 (USD mn) 429,871.294 Dec 2019 monthly Dec 2000 - Dec 2019
M2 Growth (%) 13.6 Dec 2019 monthly Dec 1993 - Dec 2019
Reserve Requirement Ratio (%) 3.0 Feb 2021 monthly Feb 2010 - Feb 2021
Foreign Exchange Reserves (USD mn) 88,351.2 Sep 2020 monthly Jan 1995 - Sep 2020
Foreign Exchange Reserves: % of GDP (%) 3.000 Jan 2021 monthly Feb 2010 - Jan 2021
Foreign Exchange Reserves: Months of Import (NA) 3.7 Sep 2020 monthly Mar 1997 - Sep 2020
Gold Reserves (USD mn) 616.690 Sep 2020 monthly Jan 1995 - Sep 2020
Domestic Credit (USD mn) 370,807.0 Dec 2019 monthly Dec 1992 - Dec 2019
Domestic Credit Growth (%) 9.3 Dec 2019 monthly Dec 1993 - Dec 2019
Total Loans (USD mn) 374,501.400 Sep 2020 monthly Apr 2012 - Sep 2020
Total Loans Growth (%) 10.21 Sep 2020 monthly Apr 2013 - Sep 2020
Private Debt: % of Nominal GDP (%) 137.91 Dec 2019 quarterly Dec 2010 - Dec 2019
Money Supply M1 (VND bn) 2,434,261.609 Jun 2020 quarterly Dec 1992 - Jun 2020
Foreign Reserves: Total Include Gold (USD mn) 89,356.600 Sep 2020 quarterly Mar 1995 - Sep 2020
Foreign Reserves: Foreign Exchange (USD mn) 88,351.210 Sep 2020 quarterly Mar 1995 - Sep 2020
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.543 2019 yearly 2017 - 2019

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