Vietnam: Economy

Economic Trivia

Vietnam is considered one of the leading agricultural exporters of Southeast Asia.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners: China, Japan, and United States
Top 3 Exported Goods: Electrical Machinery, Oil & Mineral Fuels, and Footwear

Top Industries Source: CIA World Factbook

Food Processing; Garments; Shoes; Machine-Building

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international $) $475 billion (2013)
GDP Growth Rate (annual %) 5.422% (2013)
GDP Per Capita, PPP (current international $) $5,293 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 35/192 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 6.592% (2013)
External debt stocks, total (DOD, current US$) $59,133 million (2012)
Total tax rate (% of commercial profits) 35.2% (2013)
Real Interest Rate (5 year average %) 5.357% (2013)
Manufacturing, value added (% of GDP) 17.391% (2012)
Current Account Balance (BoP, current US$) $9,062,000,000 (2012)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 52,857,923 (2012)
Employment in Agriculture (% of total employment) 47.4% (2012)
Employment in Industry (% of total employment) 21.1% (2012)
Employment in Services (% of total employment) 31.5% (2012)
Unemployment Rate 2% (2012)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $119,242 million (2012)
Exports of goods and services (current US$) $124,701 million (2012)
Total Merchandise Trade (% of GDP) 146.557% (2012)
FDI, net inflows (BoP, current US$) $8,900 million (2013)
Commercial Service Exports (current US$) $9,600,000,000 (2012)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Vietnam’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary