GDP (constant LCU), annual growth rate in Vietnam
Vietnam: GDP (constant LCU), annual growth rate was 7.09 % change on previous year in 2024. ▬ Flat
GDP (constant LCU), annual growth rate in Vietnam, 1985–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Vietnam recorded 7.09 % change on previous year for gdp (constant lcu), annual growth rate in 2024.
The figure is up 40.0% on the previous year and up 10.4% over ten years.
Over the whole period, gdp (constant lcu), 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 212 countries with data for 2024, putting it in the top 10%.
GDP (constant LCU), annual growth rate in Vietnam, year by year
| 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 | 5.13 % 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 | +45.0% |
| 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 | +9.1% |
| 2004 | 7.54 % change on previous year | +9.2% |
| 2005 | 7.55 % change on previous year | +0.2% |
| 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 | -4.3% |
| 2017 | 6.94 % change on previous year | +3.7% |
| 2018 | 7.47 % 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 3.84 % change on previous year, 1.8× the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), 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.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +234.3% | 2.55 % change on previous year | 8.54 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 7.47 % 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
- 13 Benin 7.45 % change on previous year compare
- 14 Ethiopia 7.32 % change on previous year compare
- 15 Cape Verde 7.27 % change on previous year compare
- 17 Senegal 6.89 % change on previous year compare
- 18 Democratic Republic of Congo 6.68 % change on previous year compare
- 19 Uzbekistan 6.5 % change on previous year compare
More population data for Vietnam
- Population regions with projections, annual growth rate -0.5387 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.4983 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5387 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.4775 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.531 % change on previous year (2100)
- World population growth -0.5% (2100)
- Population density 292.59 people per km² (2100)
- Number of children under 5, by world region 3.95 million people (2100)
- Population growth rate, by level of development -0.5% (2100)
- Number of people living in urban and rural areas, annual growth rate 1.49 % change on previous year (2025)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Vietnam?
- Gdp (constant lcu), annual growth rate in Vietnam was 7.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Vietnam?
- The highest recorded value was 9.54 % change on previous year in 1995.
- What is the lowest gdp (constant lcu), 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 (constant lcu), annual growth rate?
- Vietnam ranks 16th out of 212 countries with data for 2024.
- Is gdp (constant lcu), 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 (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.