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Vietnam GDP

Vietnam's GDP rose to $476.39 billion in 2024, up from $433.86 billion in 2023, according to World Bank. This represents an increase of 9.8% ($42.53 billion) from the previous year and accounts for 0.43% of the world's total GDP. Vietnam has GDP higher than the global median ($476.39 billion vs median $35.85 billion). Compared with the median in Asia, Vietnam is higher ($476.39 billion vs regional median $98.96 billion) and ranks 11th out of 47 countries in Asia.

Vietnam's GDP per capita rose to $4,017.75 in 2024, up from $3,775.46 in 2023.

Yearly Historical Data (1985-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 476.39
2023 433.86
2022 413.45
2021 366.47
2020 346.62
2019 334.37
2018 310.11
2017 281.35
2016 257.1
2015 239.26
2014 233.45
2013 213.71
2012 195.59
2011 172.6
2010 147.2
2009 106.01
2008 99.13
2007 77.41
2006 66.37
2005 57.63
2004 45.43
2003 39.55
2002 35.06
2001 32.69
2000 31.17
1999 28.68
1998 27.21
1997 26.84
1996 24.66
1995 20.74
1994 16.29
1993 13.18
1992 9.87
1991 9.61
1990 6.47
1989 6.29
1988 25.42
1987 36.66
1986 26.34
1985 14.09
Vietnam GDP : Definition
GDP measures the total value of all goods and services produced in Vietnam, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 7.09% 5.07% 2024
GDP Growth Rate (YoY) 8.2% 8.2% Sep'25
GDP per Capita $4,017.75 $3,775.46 2024
GDP per Capita PPP $14,415.22 $13,545.93 2024
R&D Expenditure (% GDP) 0.42% 0.42% 2021
Real GDP $405.74B $378.88B 2024