Vietnam's gross domestic product grew by 6.88 percent year-on-year in the third quarter of 2018, compared with a marginally revised 7.73 percent growth in the previous quarter. The growth was driven by services sector (6.87 percent from 6.90 percent in Q2), industry and construction (8.61 percent from 9.28 percent), and agriculture, forestry and fisheries (3.46 percent from 3.93 percent). Considering the first three quarters of this year, the economy expanded 6.98 percent compared to the same period of 2017, the fastest growth since 2011. GDP Annual Growth Rate in Vietnam averaged 6.51 percent from 2000 until 2018, reaching an all time high of 8.48 percent in the fourth quarter of 2007 and a record low of 3.12 percent in the first quarter of 2009.

Vietnam GDP Annual Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-03-29 02:30 AM GDP Growth Rate YoY 7.38% 7.65% 7.1%
2018-06-29 02:00 AM GDP Growth Rate YoY 6.79% 7.45% 7.7%
2018-09-28 02:00 AM GDP Growth Rate YoY 6.88% 6.73% 7.1%
2018-12-28 01:00 AM GDP Growth Rate YoY 6.88% 6.9%


Vietnam GDP Last Previous Highest Lowest Unit
GDP Growth Rate 6.88 6.73 8.46 3.14 percent [+]
GDP Annual Growth Rate 6.88 6.73 8.48 3.12 percent [+]
GDP 223.86 205.28 223.86 6.29 USD Billion [+]
GDP Constant Prices 892393.00 1466960.00 3262548.00 480455.00 VND Billion [+]
Gross National Product 4764958.00 4294560.00 4764958.00 39284.00 VND Billion [+]
Gross Fixed Capital Formation 1190474.59 1066160.30 1190474.59 5495.00 VND Billion [+]
GDP per capita 1834.65 1735.30 1834.65 376.60 USD [+]
GDP per capita PPP 6171.88 5837.60 6171.88 1452.90 USD [+]
GDP From Agriculture 122448.00 223482.00 482417.00 65298.00 VND Billion [+]
GDP From Construction 57511.00 79553.00 205628.00 24018.00 VND Billion [+]
GDP From Manufacturing 168156.00 275737.00 566604.00 90932.00 VND Billion [+]
GDP From Mining 44517.00 87660.00 240462.00 38660.00 VND Billion [+]
GDP From Public Administration 22428.00 42172.00 90072.00 13398.00 VND Billion [+]
GDP From Services 357168.00 558608.00 1265820.00 216604.00 VND Billion [+]
GDP From Transport 26694.00 43219.00 94899.00 15783.00 VND Billion [+]
GDP From Utilities 5380.00 9182.00 19333.00 3044.00 VND Billion [+]


Vietnam GDP Annual Growth Rate

In Vietnam, industry and construction constitute the biggest sector of the economy (41 percent of total GDP). Yet, in the past six years the growth in services outpaced significantly all other sectors, and today services account for 37 percent of GDP. Finally, agriculture, forestry and fishing represent 22 percent of total output. This page provides the latest reported value for - Vietnam GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.88 6.73 8.48 3.12 2000 - 2018 percent Quarterly




Country Last
India 8.20 Jun/18
China 6.50 Sep/18
Turkey 5.20 Jun/18
Indonesia 5.17 Sep/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
United States 3.00 Sep/18
Mexico 2.60 Sep/18
Singapore 2.60 Sep/18
Spain 2.50 Sep/18
Netherlands 2.40 Sep/18
South Korea 2.00 Sep/18
Canada 1.90 Jun/18
Euro Area 1.70 Sep/18
Saudi Arabia 1.61 Jun/18
France 1.50 Sep/18
United Kingdom 1.50 Sep/18
Russia 1.30 Sep/18
Germany 1.10 Sep/18
Brazil 1.00 Jun/18
Italy 0.80 Sep/18
South Africa 0.40 Jun/18
Japan 0.30 Sep/18
Argentina -4.20 Jun/18


Related

Latest