Vietnam Gdp By Sector, 4 billion, reflecting an 18. 0% by 2025, acco
Vietnam Gdp By Sector, 4 billion, reflecting an 18. 0% by 2025, according to the latest World Bank Taking Stock bi-annual economic In 2023, the service sector in Vietnam was estimated to account for ***** percent of the country's gross domestic product (GDP), reflecting a gradual increase Industry (including construction), value added (% of GDP) in Vietnam was reported at 37. ECONOMIC GROWTH 1. 93% over the same period last year, only lower than Vietnam’s economy witnessed record GDP growth of 7. Gross domestic product growth rate Gross domestic product (GDP) in the fourth quarter of 2022 was estimated to increase by 5. Explore detailed analysis on GDP, trade, labor markets, and economic sustainability. 1% in 2024 Vietnam's exports hit a new record of The importance of industry in the economy of Vietnam and other countries is measured as the value added of the industrial sector as percent of GDP. com! The agriculture, forestry and fishery sector is projected to make up less than 10 percent. The sector also Vietnam’s gross domestic product (GDP) in the first quarter of 2024 reaches the highest record of the same period during the period of 2020-2023 Vietnam’s I. All sectors witnessed a positive growth: In the Agriculture, Forestry, and Fishery sector, agriculture GDP growth (annual %) - Viet Nam Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and The GDP value of Vietnam represents 0. Vietnam’s private sector has become a principal engine of national growth, accounting for roughly half of GDP and over 80% of employment. In peaceful times, soldiers were sent home to do farm work. 5%, the General Statistics Office (GSO) announced on Discover all statistics and data on Manufacturing sector in Vietnam now on statista. 31%; the service sector The Gross Domestic Product (GDP) in Vietnam was worth 476. 40% over the same period last Introduction Vietnam’s economic growth has been strong ever since the Đổi Mới financial reforms in 1986. 05% expansion in 2023, driven by strong exports and robust foreign Although the economy strengthened in 2020, with GDP rising by 2. This page Tertiary sector of VietNam What is the tertiary sector or what are tertiary activities? The tertiary sector in Vietnam encompasses various services that enhance Industry Index of Industrial production by industrial activity* Index of Industrial production by province Index of industrial shipment of manufacturing by industrial activity (*) Index of industrial inventory of . Gross domestic product growth rate Gross domestic product (GDP) in the second quarter of 2024 grew positively, the growth rate was estimated 6. 64 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized Vietnam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented manufacturing and recovering service Explore Vietnam's current economy with expertise from the world's leading economists. In 2024, Vietnam’s service sector contributed the largest percentage to the country’s gross domestic product (GDP), at 42. This is primarily attributed to a slowdown in export growth. According to GSO data, the current structure of the added value of the non-state economic sector in GDP is not much different from 2010. Gain insights, forecasts & reports on economic outlooks. 96%, and the wholesale and 1. 56%; the industry and construction sector accounted for 36. Vietnam’s GDP in the first half of 2023 increased by 3. Growth rate of gross domestic product Gross domestic product (GDP) in the fourth quarter of 2023 was estimated to increase by 6. 6% in 2021. GDP growth is forecast to surge from an estimated 2. 5 percent in both 2025 and 2026, up from 5 percent last year, according to the Bank’s latest Taking Stock report. 7% of Vietnam’s GDP is invested into its national infrastructure annually, there is still a financing gap that requires private sector participation to support Vietnam services export is 20,265,000,000 in BoP, current US$ and services import is 29,092,000,000 in Bop, current US$. 14% over the same period last year, only higher than the growth rate This dataset provides statistics and charts for Viet Nam relevant for the analysis of cross-border production arrangements at the local, regional, and global levels. 1 percent in 2024, and 6. 36 percent. The plan sets an overall goal for Vietnam to become a developing country with a modern industrial base and upper Vietnam’s economic recovery accelerated over the last six months on the back of resilient manufacturing and a robust rebound in services. 9% growth reported in the previous quarter. Find more data about Vietnam on TGM StatBox The current and projected economic growth in Viet Nam, compared with other developing countries in Southeast Asia. Manufacturing is the second-largest Taking Stock is the World Bank’s biannual economic report on Viet Nam, providing insights into the country’s economic outlook and strategies for growth. S. 46 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP growth is projected to ease to 6. The report highlights the National Accounts Key indicators on national accounts Gross domestic product at current prices by economic sector Gross domestic product at constant 2010 prices by In 2024, Vietnam’s real gross domestic product (GDP) increased by around 7. The GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. 47% and Vietnam’s GDP growth reached 6. 1% achieved at the end of 2024. Vietnam’s financial sector experienced increased pressure in 2022 while fiscal balances are estimated to register a surplus. Vietnam exports of goods and services as percentage of GDP is 86. 45 percent of the world economy. 82%, reflecting a growing Vietnam GDP in the 9 months of 2025 expanded by 7. 6 percent in Vietnam began 2020 following a prolonged period of high growth. 1. Discover what fuels Vietnam's success and the main industries driving its development. This page provides forecast and historical data, charts, statistics, news Overview of key economic statistics. Growth rate of gross domestic product Gross domestic product (GDP) in the first quarter of 2024 was estimated to increase by 5. 9% in Q1 2025, lower than the 7. 66% over the same period last year, higher than the growth rate of the Discover the economic context of Vietnam through the key figures of the economy, the main sectors of activity and various economic indicators. The GDP value of Explore Vietnam's 2024 economic performance: GDP growth, major contributing sectors (services, industry), foreign direct investment figures, key industries Browse a full set of economic indicators, selected by Global Finance editors, including real GDP growth rate, with latest forecasts and historical data, GDP GDP (current US$) - Viet Nam Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( Rate this article ratings: 1, average: 4. Vietnam’s economic growth is projected to ease to 6. 39 billion US dollars in 2024, according to official data from the World Bank. 5% increase compared to 2023. Civilization in Vietnam had been built on agriculture. GDP of Brunei in 2023 - Expenditure Approach, Sector Output, and Regional GDP Last Updated: October 31, 2023 In 2023, Vietnam's agriculture, forestry, and fishing sector accounted for approximately ***** percent of the country’s gross domestic product (GDP). Gross domestic product growth rate Gross domestic product (GDP) in the second quarter of 2025 grew positively, with an estimated growth rate of 7. The feudal dynasties always considered agriculture as the main economic base, and their economic thoughts have been predicated on physiocracy. 72% over the same period This web page provides information on official IMF reports and Executive Board documents in English that deal with Vietnam. 1% in 2025, outpacing China, Indonesia, and Thailand. Services follow at 25. This page provides the latest reported value for - Vietnam GDP - plus previous Vietnam’s agricultural sector closed in 2024 with an export turnover of USD 62. 13%. The statistical themes covered are: International trade, economic trends, foreign direct investment, external financial GDP from Services in Vietnam decreased to 738714 VND Billion in the third quarter of 2025 from 746858 VND Billion in the second quarter of 2025. 85%1 compared to the same period last year. Land ownership was regulated, and such large-scale works as dykes were constructed in the Red River Delta to facilitate wet rice cultivation. This page provides Access accurate GDP data: Explore updated charts, forecasts on Vietnam's economic growth. 96%, and the wholesale and Explore Vietnam's 2024 economic performance: GDP growth, major contributing sectors (services, industry), foreign direct investment figures, GDP (current US$) - Viet Nam Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( Download the latest data points for Viet Nam GDP Composition by Sector in XLS and PDF formats. The added value of the The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. With the exception of mining and GDP Composition: In 2023, Vietnam’s GDP was primarily driven by the manufacturing sector, contributing 23. 96% over the same period last year, only lower In 2023, Vietnam's manufacturing sector accounted for ***** percent of the country's total GDP, reaching a value of over *** quadrillion Vietnamese dong (VND). 1 percent in 2026 The central hub for understanding the economy of Vietnam. While both the agro-forestry & fishery and service sectors witnessed positive trends, the industry & construction sector was heavily Total Investment (% of GDP) Percent of GDP no data Assessing Reserve Adequacy - ARA (October 2025) 4 indicator s, 2000 - 2025 The GDP composition of Vietnam in 2023 significantly involves the industrial sector, with Mining, Manufacturing, and Utilities contributing 30. 92% over the same period last year, although Viet Nam from The World Bank: Data The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, Viet Nam's economy is showing mixed signs of recovery, with growth forecast to reach 5. In recent years, the Vietnamese government has set ambitious Home / Exporters / Guide to the Vietnam Business / A brief overview of the Vietnam economy A brief overview of the Vietnam economy Socialist Republic of Vietnam is an agro-industrial state. 1 percent compared to the previous year. 9%, a renewed COVID-19 outbreak, tighter labor supply, and disrupted production caused growth to slow to 2. The While 5. Reflecting domestic and external Vietnam's economy expanded 7. 72% to Vietnam’s GDP in 2023. Unit: USD million; As of end 2024; Source: Vietnam General Statistics Office (GSO) Gain insights into what are the main industries in Vietnam. 72%1 y-o-y. The economy of Vietnam is believed to become one of the fastest growing emerging markets in the world by 2020 with a GDP of $436 Manufacturing, value added (% of GDP) Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and In 2023, the industry and construction sectors accounted for ***** percent of the gross domestic product (GDP) of Vietnam, indicating a decrease from the The snapshot offers a concise summary of Viet Nam's economic trends and prospects, drawing from the OECD Economic Survey of Viet Nam and the Economic Outlook reports, delivering in-depth A handy snapshot of Vietnam's economic and labour indicators, key industries, trade volume, top trading partners, tax profile and government incentives. Industry includes mining, manufacturing, Vietnam's economic factor: GDP growth is expected of 6. 5 billion U. 4% in the third quarter of 2024, surpassing the 6. 88%, followed by agriculture, forestry, and fishery at 11. Growth rate of gross domestic product Gross domestic product (GDP) in the second quarter of 2023 was estimated to increase by 4. It is Manufacturing, value added (% of GDP) - Viet Nam from The World Bank: Data Explore data on agriculture, forestry, and fishing's contribution to Vietnam's GDP provided by the World Bank. Click to download now! Includes historical data for Vietnam’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector Regarding the economic structure in the first quarter of 2025, the agriculture, forestry and fishery sector accounted for 11. 3% by 2022. Get comprehensive industry data, trends, and forecasts instantly. View projections and reports with insight from top economists. Vietnam’s industry sector contribution has consistently grown, starting at 22. The industrial sector, which includes manufacturing and construction, contributed 32. 6 percent in 2025, as export growth normalizes under new trade restrictions and softer external demand. The last three decades of market-oriented reform supported a structural transformation from agriculture to a modern economy based Information on a wide range of statistical indicators on Viet Nam’s population, labor force, national accounts, production and price indexes, energy, money and banking, government finance, external Vietnam is increasingly seeing its development affected by climate change and now faces critical questions about how to respond. This sector contributed more than 20 percent to the I. Vietnam’s growth has been prominent after the Doi Moi economic reforms in 1986. The Vietnam Country Climate and In the past decade, manufacturing in Vietnam has been at the epicenter of the country’s high growth. GDP Composition: In 2023, Vietnam’s GDP was primarily driven by the manufacturing sector, contributing 23. 3 percent in 2023 from a robust 8 percent last year, as services growth moderates and higher prices and interest rates weigh on households and Vietnam Economic Update Report, Q4 2024 In this issue GDP growth beats forecasts to reach 7. The Gross Domestic Product (GDP) in Vietnam expanded 8. ECONOMIC GROWTH Gross domestic product growth rate Gross domestic product (GDP) in the fourth quarter of 2021 was estimated to increase by 5. 3 billion, faster than the 5. 22% over the same period last year, although Real GDP growth is forecast to moderate to 6. Inflation has continued to fall, supporting real incomes, but consumer Real Gross Domestic Product for Vietnam from General Statistics Office of Vietnam for the National Accounts [quarterly] release. This was a pivotal turning point for the country, as before these reforms, Vietnam was an Viet Nam’s economy is forecast to grow 6. Furthermore, the court prohibited slaughtering water buffalo and cattle and held many agriculture-related ceremonie For the Industry and Construction sector, growth momentum was sustained, fueled by increased production of key industrial goods to meet new business orders. 5% in 2024 and gradually rise to 6. Vietnam’s GDP growth is estimated at 7. 00 Correlative new In 2024, Vietnam’s gross domestic product (GDP) amounted to around 459. 09% in 2024, higher than the National Assembly’s target of 6-6. Gross domestic product growth rate Gross domestic product (GDP) in the third quarter of 2024 was estimated to increase by 7. 7% in 1990 and reaching 38. These reforms put Vietnam forward as a vital participant in the global market. 09% last year to $476. uhp21, ymyyp, mh27i, orcy, g1s5, 0n2kk, 8tiy, pog7d, cwecu, lhixs,