Vietnam Private Consumption: % of GDP
Key information about Vietnam Private Consumption: % of GDP
- Vietnam Private Consumption accounted for 54.4 % of its Nominal GDP in Dec 2023, compared with a ratio of 54.8 % in the previous year.
- Vietnam Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 2010 to Dec 2023, with an average share of 56.9 %.
- The data reached an all-time high of 59.3 % in Dec 2015 and a record low of 54.4 % in Dec 2023.
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 13.0 % YoY in Dec 2023.
- 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 36.7 % in Dec 2023.
View Vietnam's Private Consumption: % of GDP from 2010 to 2023 in the chart:
What was Vietnam's Private Consumption: % of GDP in 2023?
Vietnam Private Consumption accounted for 54.4 % of its Nominal GDP in Dec 2023, compared with a ratio of 54.8 % in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
54.4 2023 | 54.8 2022 | 54.4 2023 | 59.3 2015 | % | yearly | 2010 - 2023 |
Private Consumption: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 73.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 43.6 2022 | yearly | 1950 - 2022 |
Argentina (%) | 64.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Armenia (%) | 55.1 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Australia (%) | 49.8 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
Austria (%) | 51.5 Dec 2023 | quarterly | Mar 1988 - Dec 2023 |
Azerbaijan (%) | 44.0 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
Bahrain (%) | 39.1 2021 | yearly | 1975 - 2021 |
Bangladesh (%) | 68.6 2023 | yearly | 1973 - 2023 |
Belarus (%) | 53.8 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Belgium (%) | 51.6 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Bolivia (%) | 65.7 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
Bosnia and Herzegovina (%) | 70.0 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Botswana (%) | 48.3 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Brazil (%) | 63.9 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Brunei (%) | 27.6 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
Bulgaria (%) | 62.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 61.6 2022 | yearly | 1993 - 2022 |
Canada (%) | 54.7 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Chile (%) | 65.2 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
China (%) | 38.2 2021 | yearly | 1952 - 2021 |
Colombia (%) | 80.1 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Croatia (%) | 63.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Cyprus (%) | 59.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Czech Republic (%) | 45.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 46.7 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Ecuador (%) | 63.1 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
Egypt (%) | 89.2 Dec 2023 | quarterly | Sep 2001 - Dec 2023 |
Estonia (%) | 52.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
European Union (%) | 51.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Finland (%) | 52.3 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
France (%) | 53.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Georgia (%) | 76.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Germany (%) | 50.1 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ghana (%) | 83.8 2023 | yearly | 2006 - 2023 |
Greece (%) | 70.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Hong Kong SAR, China (%) | 69.5 Dec 2023 | quarterly | Mar 1973 - Dec 2023 |
Hungary (%) | 50.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Iceland (%) | 52.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
India (%) | 63.6 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Indonesia (%) | 55.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Iran (%) | 45.2 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
Ireland (%) | 32.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Israel (%) | 45.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Italy (%) | 58.6 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Ivory Coast (%) | 68.1 2023 | yearly | 1960 - 2023 |
Japan (%) | 53.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Jordan (%) | 85.5 2022 | yearly | 1962 - 2022 |
Kazakhstan (%) | 46.5 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 75.6 2022 | yearly | 1969 - 2022 |
South Korea (%) | 48.1 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Kosovo (%) | 72.5 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Kuwait (%) | 40.6 2019 | yearly | 1962 - 2019 |
Kyrgyzstan (%) | 84.8 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
Latvia (%) | 60.5 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
Lebanon (%) | 106.0 2020 | yearly | 1990 - 2020 |
Lithuania (%) | 60.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Luxembourg (%) | 31.2 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Macau SAR, China (%) | 26.7 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
North Macedonia (%) | 67.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 59.1 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Malta (%) | 43.5 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Mauritius (%) | 72.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Mexico (%) | 69.8 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
Moldova (%) | 84.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Mongolia (%) | 41.6 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Montenegro (%) | 79.3 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Morocco (%) | 63.0 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Mozambique (%) | 75.2 2022 | yearly | 1969 - 2022 |
Nepal (%) | 88.2 2023 | yearly | 1975 - 2023 |
Netherlands (%) | 42.6 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
New Zealand (%) | 58.9 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
Nigeria (%) | 65.0 2022 | yearly | 1981 - 2022 |
Norway (%) | 37.5 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
Oman (%) | 34.3 2022 | yearly | 1980 - 2022 |
Pakistan (%) | 84.2 2023 | yearly | 1967 - 2023 |
Palestinian Territory (%) | 99.0 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Panama (%) | 50.5 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 68.0 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Peru (%) | 59.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Philippines (%) | 75.6 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Poland (%) | 51.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Portugal (%) | 65.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 63.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Russia (%) | 46.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Saudi Arabia (%) | 39.8 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
Serbia (%) | 66.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Singapore (%) | 31.3 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 61.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Slovenia (%) | 55.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
South Africa (%) | 67.1 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Spain (%) | 53.6 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Sri Lanka (%) | 64.7 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
Sweden (%) | 42.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Switzerland (%) | 51.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Syria (%) | 128.6 2021 | yearly | 1970 - 2021 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -5.4 2021 | yearly | 2010 - 2021 |
Tax Revenue (USD mn) | 17,229.271 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
Tax Revenue: % of GDP (%) | 11.6 2023 | yearly | 2010 - 2023 |
National Government Debt (USD mn) | 137,176.1 2022 | yearly | 2010 - 2022 |
Government Debt: % of GDP (%) | 34.2 2022 | yearly | 2010 - 2022 |
Forecast: Government Expenditure (VND bn) | 3,571,723.530 2028 | yearly | 1998 - 2028 |
Forecast: Government Net Debt (VND bn) | 4,962,723.370 2028 | yearly | 2000 - 2028 |
Forecast: Government Revenue (VND bn) | 3,244,030.930 2028 | yearly | 1998 - 2028 |
State Govt Budget: ytd: Expenditure excl Principal Payment (VND bn) | 393,495.000 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) | 125,801.300 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) | 30,637.100 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
State Govt Budget: ytd: Expenditure: Current (VND bn) | 303,620.000 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
State Govt Budget: ytd: Revenue (VND bn) | 539,539.600 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
GD: Outstanding: Domestic: VND (VND bn) | 2,273,475.050 2022 | yearly | 2010 - 2022 |
GD: Outstanding: External: VND (VND bn) | 974,993.410 2022 | yearly | 2002 - 2022 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 9.484 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 2,778.2 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
Total Exports (USD mn) | 33,659.2 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
Total Exports Growth (%) | 13.0 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
Aluminum: Exports (USD th) | 1,316,002.666 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 181,327.032 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 57,511.959 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 30,881.0 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
Total Imports Growth (%) | 9.0 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
Imports: Medicament (USD th) | 2,471,771.739 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 1,625,053.469 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 8,968.095 Mar 2024 | monthly | Jan 1990 - Mar 2024 |
Total Imports from USA (USD mn) | 1,177.671 Mar 2024 | monthly | Jan 1990 - Mar 2024 |
Total Exports to China (USD mn) | 5,152.609 Mar 2024 | monthly | Jan 2013 - Mar 2024 |
Total Imports from China (USD mn) | 11,171.607 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
Exports: Japan (USD) | 1,467,599,017.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
Exports: China (USD) | 2,888,701,593.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
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: ytd: Footwear (USD mn) | 4,791.816 Mar 2024 | monthly | Apr 1998 - Mar 2024 |
Exports: ytd: Crude Oil (USD mn) | 635.542 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
Exports: ytd: Rice (USD mn) | 1,426.901 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
Exports: ytd: Textiles and Garments (USD mn) | 7,820.546 Mar 2024 | monthly | Apr 1998 - Mar 2024 |
Exports: ytd: Aqua Products (USD mn) | 1,945.818 Mar 2024 | monthly | Apr 1998 - Mar 2024 |
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: China (USD) | 6,536,188,277.000 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: Petroleum (USD mn) | 2,104.815 Mar 2024 | monthly | Mar 2000 - Mar 2024 |
Imports: ytd: Machinery and Spare Parts (USD mn) | 10,344.805 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
Imports: ytd: Steel Products (USD mn) | 2,928.166 Mar 2024 | monthly | Mar 2000 - Mar 2024 |
Imports: ytd: Garments (USD mn) | 3,156.267 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
Imports: ytd: Computers, Electronic Product (USD mn) | 24,042.310 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 50.0 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Current Account Balance (USD mn) | 6,375.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Current Account Balance: % of GDP (%) | 6.6 2023 | yearly | 2010 - 2023 |
Foreign Direct Investment (USD mn) | 5,830.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Foreign Direct Investment: % of GDP (%) | 4.3 2023 | yearly | 1985 - 2023 |
Foreign Portfolio Investment (USD mn) | -650.000 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Foreign Portfolio Investment: % of GDP (%) | -0.3 Mar 2022 | quarterly | Mar 2021 - Mar 2022 |
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) | 144,857.6 2022 | yearly | 2010 - 2022 |
External Debt: % of GDP (%) | 36.1 2022 | yearly | 2010 - 2022 |
External Debt: Short Term (USD mn) | 33,233.0 2021 | yearly | 1981 - 2021 |
External Debt: Short Term: % of GDP (%) | 9.3 2022 | yearly | 1985 - 2022 |
Forecast: Current Account Balance (USD bn) | 7.265 2028 | yearly | 1980 - 2028 |
Government Debt: % of GDP (%) | 34.200 2022 | yearly | 2010 - 2022 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 4.5 Dec 2023 | quarterly | Dec 2011 - Dec 2023 |
Money Supply M1 (USD mn) | 134,986.194 Sep 2023 | monthly | Dec 2000 - Sep 2023 |
Money Supply M2 (USD mn) | 576,744.956 Sep 2023 | monthly | Dec 2000 - Sep 2023 |
M2 Growth (%) | 9.3 Sep 2023 | monthly | Dec 2001 - Sep 2023 |
Reserve Requirement Ratio (%) | 3.0 Mar 2024 | monthly | Feb 2010 - Mar 2024 |
Foreign Exchange Reserves (USD mn) | 85,801.6 Feb 2023 | monthly | Jan 1995 - Feb 2023 |
Foreign Exchange Reserves: % of GDP (%) | 3.000 Mar 2024 | monthly | Feb 2010 - Mar 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 3.0 Nov 2023 | monthly | Mar 1997 - Nov 2023 |
Gold Reserves (USD mn) | 666.030 Nov 2023 | monthly | Jan 1995 - Nov 2023 |
Domestic Credit (USD mn) | 534,452.3 Sep 2023 | monthly | Dec 1992 - Sep 2023 |
Domestic Credit Growth (%) | 9.9 Sep 2023 | monthly | Dec 1993 - Sep 2023 |
Total Loans (USD mn) | 561,718.920 Jan 2024 | monthly | Apr 2012 - Jan 2024 |
Total Loans Growth (%) | 12.90 Jan 2024 | monthly | Apr 2013 - Jan 2024 |
Private Debt: % of Nominal GDP (%) | 128.68 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
Foreign Reserves: Total Include Gold (USD mn) | 90,082.297 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Foreign Reserves: Foreign Exchange (USD mn) | 87,629.420 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Global Competitiveness Index (Score) | 61.543 2019 | yearly | 2017 - 2019 |
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