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 (2016): China, United States, and South Korea
Top 3 Exported Goods (2016): Electrical Machinery, Footwear, and Apparel: Non Knit

Top Industries Source: CIA World Factbook

Food Processing; Garments; Shoes; Machine-Building

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $647,368,428,209 (2017)
GDP Growth Rate (annual %) 6.812% (2017)
GDP Per Capita, PPP (current international) $6,776 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 33/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 3.244% (2016)
External debt stocks, total (DOD, current US$) $86,952,492,000 (2016)
Total tax rate (% of commercial profits) 38.1% (2017)
Real Interest Rate (5 year average %) 3.145% (2017)
Manufacturing, value added (% of GDP) 15.278% (2017)
Current Account Balance (BoP, current US$) $6,124,000,000 (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 57,495,284 (2017)
Employment in Agriculture (% of total employment) 40.866% (2017)
Employment in Industry (% of total employment) 25.073% (2017)
Employment in Services (% of total employment) 34.061% (2017)
Unemployment Rate 2.053% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $221,074,691,113 (2017)
Exports of goods and services (current US$) $227,345,654,748 (2017)
Total Merchandise Trade (% of GDP) 190.223% (2017)
FDI, net inflows (BoP, current US$) $14,100,000,000 (2017)
Commercial Service Exports (current US$) $13,110,000,000 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank