Vietnam GDP Annual Growth Rate

Vietnam's gross domestic product grew by 6.79 percent year-on-year in the first quarter of 2019, following a 7.31 percent expansion in the previous quarter. This was the weakest growth rate since the first quarter last year. The growth was driven by services sector (6.50 percent from 7.61 percent in Q4), industry and construction (8.63 percent from 8.65 percent), and agriculture, forestry and fisheries (2.68 percent from 3.90 percent). Vietnam targets an economic growth of between 6.6-6.8 percent this year. GDP Annual Growth Rate in Vietnam averaged 6.52 percent from 2000 until 2019, 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.

GDP Annual Growth Rate in Vietnam is expected to be 6.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Vietnam to stand at 5.70 in 12 months time. In the long-term, the Vietnam GDP Annual Growth Rate is projected to trend around 4.90 percent in 2020, according to our econometric models.

1Y 5Y 10Y MAX

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.

Learn More Questions? Contact us Already a Member? Login

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.

API Features Documentation Interested? Click here to contact us

Calendar	GMT		Actual	Previous	TEForecast
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%
2018-12-27	07:00 AM	GDP Growth Rate YoY	7.31%	6.82%	6.9%
2019-03-29	02:30 AM	GDP Growth Rate YoY	6.79%	7.31%	6.4%
2019-06-29	02:00 AM	GDP Growth Rate YoY		6.79%	6.1%
2019-09-28	02:00 AM	GDP Growth Rate YoY			5.9%
2019-12-28	01:00 AM	GDP Growth Rate YoY			6%

Vietnam GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	6.88	6.73	8.46	3.14	percent	[+]
GDP Annual Growth Rate	6.79	7.31	8.48	3.12	percent	[+]
GDP	223.78	205.28	223.78	6.29	USD Billion	[+]
GDP Constant Prices	681010.00	3493399.00	3493399.00	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	72261.00	500567.00	500567.00	65298.00	VND Billion	[+]
GDP From Construction	34336.00	224464.00	224464.00	24018.00	VND Billion	[+]
GDP From Manufacturing	138396.00	640172.00	640172.00	90932.00	VND Billion	[+]
GDP From Mining	38180.00	207784.00	240462.00	38180.00	VND Billion	[+]
GDP From Public Administration	18753.00	94215.00	94215.00	13398.00	VND Billion	[+]
GDP From Services	276919.00	1354796.00	1354796.00	216604.00	VND Billion	[+]
GDP From Transport	21656.00	102349.00	102349.00	15783.00	VND Billion	[+]
GDP From Utilities	4385.00	20574.00	20574.00	3044.00	VND Billion	[+]

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 May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	6.79	7.31	8.48	3.12	2000 - 2019	percent	Quarterly

Export Data API

Country	Last		Previous	Range
India	6.60	Dec/18	7	11.4 : -5.2	%
China	6.40	Mar/19	6.4	15.4 : 3.8	%
Indonesia	5.07	Mar/19	5.18	7.16 : 1.56	%
Saudi Arabia	3.60	Dec/18	2.5	24.2 : -20.7	%
United States	3.20	Mar/19	3	13.4 : -3.9	%
Spain	2.40	Mar/19	2.3	5.6 : -4.3	%
Australia	2.30	Dec/18	2.7	9 : -3.4	%
South Korea	1.80	Mar/19	3.1	20.8 : -7.3	%
United Kingdom	1.80	Mar/19	1.4	9.7 : -6.1	%
Netherlands	1.70	Mar/19	2.2	6.1 : -4.6	%
Canada	1.60	Dec/18	1.9	9.3 : -4.1	%
Switzerland	1.40	Dec/18	2.4	5.8 : -3.7	%
Euro Area	1.20	Mar/19	1.2	5 : -5.5	%
Mexico	1.20	Mar/19	1.7	9 : -9.1	%
Singapore	1.20	Mar/19	1.3	19 : -8.8	%
Brazil	1.10	Dec/18	1.3	10.1 : -5.5	%
France	1.10	Mar/19	1	12.6 : -3.8	%
South Africa	1.10	Dec/18	1.3	7.1 : -2.6	%
Japan	0.80	Mar/19	0.2	9.4 : -8.8	%
Germany	0.70	Mar/19	0.6	7.2 : -6.8	%
Russia	0.50	Mar/19	2.7	12.1 : -11.2	%
Italy	0.10	Mar/19	0	10.3 : -7.2	%
Turkey	-3.00	Dec/18	1.8	11.7 : -14.4	%
Argentina	-6.20	Dec/18	-3.7	16.2 : -16.3	%