Price level ratio of PPP conversion factor (GDP) to market exchange in Viet Nam

Viet Nam: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.2879 in 2024. ▲ Rising

Latest (2024)
0.2879
Change on year
up 0.1%
World rank
177th
of 202 countries
All-time high
0.3491
in 2013
All-time low
0.1037
in 1990
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Viet Nam, 1990–2024

0.10.150.20.250.30.351990200720241990: 0.1041991: 0.1411992: 0.131993: 0.1571994: 0.1741995: 0.1981996: 0.2121997: 0.211998: 0.1991999: 0.1972000: 0.1962001: 0.192002: 0.1882003: 0.1952004: 0.2032005: 0.2322006: 0.2422007: 0.2572008: 0.3052009: 0.3082010: 0.3122011: 0.3372012: 0.3432013: 0.3492014: 0.3492015: 0.3362016: 0.3272017: 0.3222018: 0.3222019: 0.3122020: 0.3042021: 0.3072022: 0.2982023: 0.2882024: 0.288

Source: UNESCO Institute for Statistics.

Analysis

Viet Nam recorded 0.2879 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.

The figure is up 0.1% on the previous year and down 17.5% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Viet Nam peaked at 0.3491 in 2013 and was at its lowest, 0.1037, in 1990.

That places Viet Nam 177th out of 202 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Viet Nam, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Viet Nam, 1990 to 2024.
Year Value Change
1990 0.1037
1991 0.1406 +35.6%
1992 0.1299 -7.6%
1993 0.1568 +20.7%
1994 0.1743 +11.2%
1995 0.1985 +13.8%
1996 0.2119 +6.8%
1997 0.2097 -1.0%
1998 0.1988 -5.2%
1999 0.1972 -0.8%
2000 0.1962 -0.5%
2001 0.1895 -3.4%
2002 0.1883 -0.6%
2003 0.1948 +3.5%
2004 0.2026 +4.0%
2005 0.2318 +14.4%
2006 0.242 +4.4%
2007 0.2566 +6.0%
2008 0.3051 +18.9%
2009 0.3076 +0.8%
2010 0.3123 +1.5%
2011 0.3372 +8.0%
2012 0.3427 +1.6%
2013 0.3491 +1.9%
2014 0.349 -0.0%
2015 0.336 -3.7%
2016 0.3266 -2.8%
2017 0.3224 -1.3%
2018 0.3219 -0.1%
2019 0.312 -3.1%
2020 0.3044 -2.4%
2021 0.3074 +1.0%
2022 0.2983 -3.0%
2023 0.2876 -3.6%
2024 0.2879 +0.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1721 0.1037 0.2119 10
2000s 0.2315 0.1883 0.3076 10
2010s 0.3309 0.312 0.3491 10
2020s 0.2971 0.2876 0.3074 5

Countries ranked near Viet Nam

  1. 174 Azerbaijan 0.2903 compare
  2. 175 Madagascar 0.2893 compare
  3. 176 Sri Lanka 0.2889 compare
  4. 178 Mauritania 0.2864 compare
  5. 179 Timor-Leste 0.2823 compare
  6. 180 Tanzania, United Republic of 0.2809 compare

See the full ranking of 202 places →

More population data for Viet Nam

All data for Viet Nam →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Viet Nam?
Price level ratio of ppp conversion factor (gdp) to market exchange in Viet Nam was 0.2879 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Viet Nam?
The highest recorded value was 0.3491 in 2013.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Viet Nam?
The lowest recorded value was 0.1037 in 1990.
How does Viet Nam rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Viet Nam ranks 177th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Viet Nam?
Over the last ten years it is down 17.5%. The long-run trend across the full record is rising.
Where does this Viet Nam data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Viet Nam. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 05 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/viet-nam/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release