Price level ratio of PPP conversion factor (GDP) to market exchange in Vietnam
Vietnam: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.2879 in 2024. ▲ Rising
Price level ratio of PPP conversion factor (GDP) to market exchange in Vietnam, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
Vietnam 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 Vietnam peaked at 0.3491 in 2013 and was at its lowest, 0.1037, in 1990.
That places Vietnam 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 Vietnam, year by year
| 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% |
Vietnam compared with similar countries
- Vietnam's 0.2879 is below the median for upper middle income countries, which is 0.407, 71% of the median. (57 countries reporting)
- Vietnam's 0.2879 is below the median for East Asia & Pacific, which is 0.6017, 48% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Price level ratio of PPP conversion factor (GDP) to market exchange 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 |
|---|---|---|---|
| 1991 | +35.6% | 0.1037 | 0.1406 |
Averages by decade
| Decade | Average | Lowest | Highest | 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 Vietnam
- 174 Azerbaijan 0.2903 compare
- 175 Madagascar 0.2893 compare
- 176 Sri Lanka 0.2889 compare
- 178 Mauritania 0.2864 compare
- 179 East Timor 0.2823 compare
- 180 Tanzania 0.2809 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)
- Population growth rate -0.544 (2100)
- Population density 292.59 (2100)
- Projected population under age 5 3.95 million (2100)
- Population growth rate by level of development -0.544 (2100)
- Urbanization vs gdp, annual growth rate 0.8828 % change on previous year (2025)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Vietnam?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Vietnam 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 Vietnam?
- 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 Vietnam?
- The lowest recorded value was 0.1037 in 1990.
- How does Vietnam rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Vietnam 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 Vietnam?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is rising.
- Where does this Vietnam 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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About this data
February 2026 Data Release