GDP at market prices (constant 2010 US$), annual growth rate in Vietnam

Vietnam: GDP at market prices (constant 2010 US$), annual growth rate was 7.09 % change on previous year in 2024. ▬ Flat

Latest (2024)
7.09 % change on previous year
Change on year
up 40.0%
World rank
16th
of 208 countries
All-time high
9.54 % change on previous year
in 1995
All-time low
2.55 % change on previous year
in 2021
Years of data
40
1985–2024

GDP at market prices (constant 2010 US$), annual growth rate in Vietnam, 1985–2024

2468101985200420241985: 3.8 % change on previous year1986: 2.8 % change on previous year1987: 3.6 % change on previous year1988: 5.1 % change on previous year1989: 7.4 % change on previous year1990: 5.1 % change on previous year1991: 6 % change on previous year1992: 8.6 % change on previous year1993: 8.1 % change on previous year1994: 8.8 % change on previous year1995: 9.5 % change on previous year1996: 9.3 % change on previous year1997: 8.2 % change on previous year1998: 5.8 % change on previous year1999: 4.8 % change on previous year2000: 6.8 % change on previous year2001: 6.2 % change on previous year2002: 6.3 % change on previous year2003: 6.9 % change on previous year2004: 7.5 % change on previous year2005: 7.5 % change on previous year2006: 7 % change on previous year2007: 7.1 % change on previous year2008: 5.7 % change on previous year2009: 5.4 % change on previous year2010: 6.4 % change on previous year2011: 6.4 % change on previous year2012: 5.5 % change on previous year2013: 5.6 % change on previous year2014: 6.4 % change on previous year2015: 7 % change on previous year2016: 6.7 % change on previous year2017: 6.9 % change on previous year2018: 7.5 % change on previous year2019: 7.4 % change on previous year2020: 2.9 % change on previous year2021: 2.6 % change on previous year2022: 8.5 % change on previous year2023: 5.1 % change on previous year2024: 7.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp at market prices (constant 2010 us$), annual growth rate in Vietnam is 7.09 % change on previous year, measured in 2024.

The figure is up 40.0% on the previous year and up 10.4% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in Vietnam peaked at 9.54 % change on previous year in 1995 and was at its lowest, 2.55 % change on previous year, in 2021.

That places Vietnam 16th out of 208 countries with data for 2024, putting it in the top 10%.

GDP at market prices (constant 2010 US$), annual growth rate in Vietnam, year by year

Annual values for GDP at market prices (constant 2010 US$), annual growth rate in Vietnam, 1985 to 2024.
Year % change on previous year Change
1985 3.81 % change on previous year
1986 2.79 % change on previous year -26.7%
1987 3.58 % change on previous year +28.5%
1988 5.14 % change on previous year +43.3%
1989 7.36 % change on previous year +43.4%
1990 5.1 % change on previous year -30.7%
1991 5.96 % change on previous year +16.9%
1992 8.65 % change on previous year +45.1%
1993 8.07 % change on previous year -6.6%
1994 8.84 % change on previous year +9.5%
1995 9.54 % change on previous year +7.9%
1996 9.34 % change on previous year -2.1%
1997 8.15 % change on previous year -12.7%
1998 5.76 % change on previous year -29.3%
1999 4.77 % change on previous year -17.2%
2000 6.79 % change on previous year +42.2%
2001 6.19 % change on previous year -8.8%
2002 6.32 % change on previous year +2.1%
2003 6.9 % change on previous year +9.2%
2004 7.54 % change on previous year +9.2%
2005 7.55 % change on previous year +0.1%
2006 6.98 % change on previous year -7.5%
2007 7.13 % change on previous year +2.2%
2008 5.66 % change on previous year -20.6%
2009 5.4 % change on previous year -4.7%
2010 6.42 % change on previous year +19.0%
2011 6.41 % change on previous year -0.2%
2012 5.5 % change on previous year -14.2%
2013 5.55 % change on previous year +0.9%
2014 6.42 % change on previous year +15.6%
2015 6.99 % change on previous year +8.8%
2016 6.69 % change on previous year -4.2%
2017 6.94 % change on previous year +3.7%
2018 7.46 % change on previous year +7.6%
2019 7.36 % change on previous year -1.4%
2020 2.87 % change on previous year -61.1%
2021 2.55 % change on previous year -10.9%
2022 8.54 % change on previous year +234.3%
2023 5.07 % change on previous year -40.7%
2024 7.09 % change on previous year +40.0%

Vietnam compared with similar countries

  • Vietnam's 7.09 % change on previous year is above the median for upper middle income countries, which is 3.34 % change on previous year, 2.1× the median. (58 countries reporting)
  • Vietnam's 7.09 % change on previous year is above the median for East Asia & Pacific, which is 3.85 % change on previous year, 1.8× the median. (35 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), annual growth rate in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +234.3% 2.55 % change on previous year 8.54 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.54 % change on previous year 2.79 % change on previous year 7.36 % change on previous year 5
1990s 7.42 % change on previous year 4.77 % change on previous year 9.54 % change on previous year 10
2000s 6.65 % change on previous year 5.4 % change on previous year 7.55 % change on previous year 10
2010s 6.58 % change on previous year 5.5 % change on previous year 7.46 % change on previous year 10
2020s 5.22 % change on previous year 2.55 % change on previous year 8.54 % change on previous year 5

Countries ranked near Vietnam

  1. 13 Benin 7.45 % change on previous year compare
  2. 14 Ethiopia 7.32 % change on previous year compare
  3. 15 Cape Verde 7.27 % change on previous year compare
  4. 17 Senegal 6.89 % change on previous year compare
  5. 18 Democratic Republic of Congo 6.68 % change on previous year compare
  6. 19 Uzbekistan 6.5 % change on previous year compare

See the full ranking of 208 places →

More population data for Vietnam

All data for Vietnam →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), annual growth rate in Vietnam?
Gdp at market prices (constant 2010 us$), annual growth rate in Vietnam was 7.09 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in Vietnam?
The highest recorded value was 9.54 % change on previous year in 1995.
What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in Vietnam?
The lowest recorded value was 2.55 % change on previous year in 2021.
How does Vietnam rank for gdp at market prices (constant 2010 us$), annual growth rate?
Vietnam ranks 16th out of 208 countries with data for 2024.
Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in Vietnam?
Over the last ten years it is up 10.4%. The long-run trend across the full record is flat.
Where does this Vietnam data come from?
The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), annual growth rate in Vietnam. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/viet-nam/

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How this figure is calculated

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP at market prices (constant 2010 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 9,896 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.