Vietnam GDP at Current Prices (Annual)
Vietnam's annual Gross Domestic Product (GDP) at current prices measures the size of the economy using market prices at the time of occurrence.
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GDP at current prices | 11,510,328.92 | 10,319,058.87 | 9,621,371.82 | 8,487,475.6 | 8,044,385.73 | 7,707,200.29 | 7,009,042.13 | 6,293,904.55 | 5,639,401 | 5,191,323.73 | 4,937,031.68 | 4,473,655.6 | 4,073,762.29 | 3,539,881.31 | 2,739,843.17 | 1,809,149 | 1,616,047 | 1,246,769 | 1,061,565 | 914,001 | 715,307 | 613,443 | 535,762 | 481,295 | 441,646 | 399,942 | 361,016 | 313,623 | 272,036 | 228,892 | |
| Final consumption2 | 7,182,395.69 | 6,483,293.45 | 6,109,397.17 | 5,525,695.62 | 5,264,719.7 | 5,118,113.29 | 4,683,636.75 | 4,288,217.21 | 3,898,821.37 | 3,633,279.88 | 3,324,329.03 | 3,033,143.59 | 2,694,746.28 | 2,352,796.83 | 1,885,502.4 | 1,343,691 | 1,236,265 | 918,388 | 749,688 | 648,519 | 511,221 | 445,221 | 382,137 | 342,607 | 321,853 | 301,690 | 283,444 | 250,584 | 225,231 | 187,233 | |
| Government final consumption | 1,017,783.35 | 909,372.52 | 848,501.3 | 813,531.8 | 762,512.3 | 738,260.1 | 683,093.48 | 637,882.65 | 586,406.16 | 553,131.01 | 509,376.36 | 488,351.72 | 425,512.06 | 353,312.63 | 284,486.36 | 104,540 | 90,904 | 69,247 | 58,734 | 49,952 | 45,715 | 38,770 | 33,390 | 30,463 | 28,346 | 27,137 | 27,523 | 25,500 | 22,722 | 18,741 | |
| Household final consumption | 6,164,612.34 | 5,573,920.93 | 5,260,895.87 | 4,712,163.83 | 4,502,208 | 4,379,853.18 | 4,000,543.27 | 3,650,334.56 | 3,312,415.21 | 3,080,148.86 | 2,814,952.68 | 2,544,791.87 | 2,269,234.22 | 1,999,484.21 | 1,601,016.04 | 1,239,151 | 1,145,361 | 849,141 | 690,954 | 598,567 | 465,506 | 406,451 | 348,747 | 312,144 | 293,507 | 274,553 | 255,921 | 225,084 | 202,509 | 168,492 | |
| Gross capital formation2 | 3,520,402.61 | 3,267,875.63 | 3,111,599.7 | 2,792,006.22 | 2,567,421.08 | 2,464,759.62 | 2,244,260.45 | 2,033,264.8 | 1,789,073.97 | 1,666,877.77 | 1,495,378.85 | 1,351,621.25 | 1,244,912.82 | 1,145,900.06 | 1,016,456.5 | 672,326 | 589,746 | 493,300 | 366,629 | 308,543 | 253,686 | 217,434 | 177,983 | 150,033 | 130,771 | 110,503 | 104,875 | 88,754 | 76,450 | 62,131 | |
| Fixed assets | 3,342,939.54 | 3,109,060.42 | 2,940,853.24 | 2,634,075.76 | 2,435,664.44 | 2,340,103.89 | 2,126,648.03 | 1,922,458.35 | 1,685,834.6 | 1,566,571.51 | 1,402,349.14 | 1,266,169.11 | 1,167,244.22 | 1,082,120.71 | 963,320.27 | 612,526 | 513,987 | 437,702 | 332,949 | 285,841 | 237,868 | 204,608 | 166,828 | 140,301 | 122,101 | 102,799 | 97,551 | 83,734 | 71,597 | 58,187 | |
| Changes in inventories | 177,463.08 | 158,815.21 | 170,747 | 157,930.47 | 131,756.64 | 124,655.73 | 117,612.42 | 110,806.46 | 103,239.37 | 100,306.25 | 93,029.71 | 85,452.14 | 77,668.6 | 63,779.34 | 53,136.23 | 59,800 | 75,759 | 55,598 | 33,680 | 22,702 | 15,818 | 12,826 | 11,155 | 9,732 | 8,670 | 7,704 | 7,324 | 5,020 | 4,853 | 3,944 | |
| Net exports and imports | 801,814.19 | 874,823.26 | 354,705.24 | 86,961.1 | 443,835.56 | 432,447.91 | 293,186.51 | 160,177.35 | 158,188.84 | 48,355.91 | 186,947.14 | 123,228.5 | 151,696.03 | -102,665.99 | -154,143.46 | -187,557 | -220,495 | -169,182 | -30,873 | -30,307 | -54,000 | -51,288 | -27,684 | -10,982 | -10,878 | -11,418 | -26,371 | -25,526 | -29,839 | -20,819 | |
| Statistical discrepancy | 5,716.42 | -306,933.48 | 45,669.71 | 82,812.66 | -231,590.62 | -308,120.53 | -212,041.57 | -187,754.81 | -206,683.17 | -157,189.82 | -69,623.35 | -34,337.74 | -17,592.85 | 143,850.41 | -7,972.27 | -19,310 | 10,531 | 4,263 | -23,880 | -12,755 | 4,400 | 2,076 | 3,326 | -363 | -100 | -833 | -932 | -189 | 194 | 347 |
Latest reading
The latest reading is 11,510,328.92 Billion, for 2024. That is +11.5% from 2023. The series on this page is annual and runs from 1995 to 2024. Source: National Statistics Office (NSO).
- Latest
- 11,510,328.92 Billion
- 2024
- vs previous period
- +11.5%
- 2023
About this data
Vietnam's annual Gross Domestic Product (GDP) at current prices measures the size of the economy using market prices at the time of occurrence.
This serves as the basis for calculating GDP per capita, the public debt-to-GDP ratio, and budget revenue relative to GDP, while also reflecting price levels; this differs from GDP at constant prices, which is used to measure real growth.
Published annually by the National Statistics Office (NSO), the data is presented by Economic Data through visual charts and is available for download. Track the scale of Vietnam's economy on Economic Data.