Vietnam GDP at Constant Prices (Annual)
Vietnam's annual GDP at constant prices measures economic output referenced to a fixed base year, excluding price effects.
Value · Quarterly (2020 Constant prices)Value · AnnualYear on year (YoY) · Quarterly (Year-on-year)Year on year (YoY) · Annual (Full year, year-on-year)Year to date (YTD) · Quarterly (Cumulative year-to-date, year-on-year)
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Constant prices | 6,261,036.31 | 5,849,273.65 | 5,571,869.25 | 5,133,589.06 | 5,005,755.65 | 4,866,315.6 | 4,532,739.4 | 4,217,874.76 | 3,944,143.68 | 3,696,825.71 | 3,455,392.13 | 3,246,870.23 | 3,076,041.91 | 2,915,553.94 | 2,739,843.17 | 2,027,591 | 1,923,749 | 1,820,667 | 1,699,501 | 1,588,646 | |
| Final consumption2 | 3,973,475.41 | 3,728,513.06 | 3,609,839.21 | 3,368,419 | 3,286,001 | 3,269,610.61 | 3,061,595.72 | 2,872,656.19 | 2,685,583.37 | 2,532,216 | 2,330,719.38 | 2,206,099.39 | 2,090,565.28 | 1,982,891 | 1,885,502.4 | 1,442,775 | 1,405,404 | 1,305,445 | 1,189,879 | 1,106,408 | |
| Government consumption | 556,099.97 | 525,634.64 | 502,465.93 | 488,020.53 | 466,792.02 | 461,074.69 | 437,286.32 | 417,736.26 | 395,546.12 | 380,936.3 | 353,258.49 | 345,485.07 | 321,920.49 | 296,700.91 | 284,486.36 | 115,167 | 107,036 | 99,549 | 91,410 | 84,251 | |
| Household consumption | 3,417,375.43 | 3,202,878.42 | 3,107,373.28 | 2,880,397.92 | 2,819,209 | 2,808,535.92 | 2,624,309.4 | 2,454,919.93 | 2,290,037.25 | 2,151,279.71 | 1,977,460.89 | 1,860,614.31 | 1,768,644.79 | 1,686,190.09 | 1,601,016.04 | 1,327,608 | 1,298,368 | 1,205,895 | 1,098,469 | 1,022,157 | |
| Capital formation2 | 2,254,562.91 | 2,103,174.24 | 2,019,204.75 | 1,911,195.91 | 1,850,454.24 | 1,777,370.44 | 1,653,605.4 | 1,530,910.01 | 1,388,646.52 | 1,263,994.95 | 1,152,974.36 | 1,057,070.18 | 998,061.34 | 972,409.97 | 1,016,456.5 | 697,614 | 668,774 | 629,267 | 496,274 | 443,761 | |
| Fixed assets | 2,144,855.28 | 2,002,775.86 | 1,913,744.27 | 1,807,700.92 | 1,758,456.03 | 1,689,198.87 | 1,568,735.27 | 1,449,311.97 | 1,311,594.54 | 1,192,358.67 | 1,085,936.86 | 993,719.67 | 938,799.88 | 917,334.26 | 963,320.27 | 635,201 | 584,225 | 562,627 | 453,157 | 412,327 | |
| Change in inventories | 109,707.63 | 100,398.38 | 105,461 | 103,495 | 91,998.22 | 88,171 | 84,870.12 | 81,598.04 | 77,051.98 | 71,636.27 | 67,037.5 | 63,350.5 | 59,261.46 | 55,075.71 | 53,136.23 | 62,413 | 84,549 | 66,640 | 43,116 | 31,434 | |
| Net exports and imports | 91,074.2 | 98,864.44 | -47,572.82 | -180,454.7 | -81,800.78 | -112,584.33 | -162,282.57 | -238,964.54 | -176,560.45 | -151,148.31 | -90,404.73 | -62,939.75 | -19,410.24 | -74,355.37 | -154,143.46 | -166,757 | -207,083 | -164,920 | 4,234 | 11,253 | |
| Discrepancy | -58,076.2 | -81,278.09 | -9,601.89 | 34,429.39 | -48,898.19 | -68,081.13 | -20,179.15 | 53,273.11 | 46,474.25 | 51,763.06 | 62,103.12 | 46,640.41 | 6,825.53 | 34,608.34 | -7,972.27 | 53,959 | 56,654 | 50,875 | 9,114 | 27,224 |
Latest reading
The latest reading is 6,261,036.31 Billion, for 2024. That is +7.0% from 2023. The series on this page is annual and runs from 2005 to 2024. Source: National Statistics Office (NSO).
- Latest
- 6,261,036.31 Billion
- 2024
- vs previous period
- +7.0%
- 2023
About this data
Vietnam's annual GDP at constant prices measures economic output referenced to a fixed base year, excluding price effects.
This forms the basis for calculating annual GDP growth rates — the central figure in all macroeconomic reports and development targets.
Data published by the National Statistics Office (NSO) is compiled by MacroDataHub into charts and data tables. Track Vietnam's long-term GDP growth on MacroDataHub.
