Vietnam's gross domestic product grew by 6.88 percent year-on-year in the third quarter of 2018, compared with a 7.46 percent growth in the same period of the previous year.

GDP Growth Rate in Vietnam averaged 6.28 percent from 2000 until 2018, reaching an all time high of 8.46 percent in the fourth quarter of 2007 and a record low of 3.14 percent in the first quarter of 2009. This page provides the latest reported value for - Vietnam GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Growth Rate in Vietnam is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Vietnam to stand at 6.60 in 12 months time. In the long-term, the Vietnam GDP Growth Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.


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Vietnam GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.88 6.73 8.46 3.14 2000 - 2018 percent Quarterly

Vietnam GDP Growth Rate
Vietnam is a developing economy in the Southeast Asia. In recent years, the nation has been rising as a leading agricultural exporter and an attractive foreign investment destination. Vietnam's key products are: rice, cashew nuts, black pepper, coffee, tea, fishery products and rubber. Manufacturing, information technology and high-tech industries constitute a fast growing part of the economy. Vietnam is also one of the largest oil producers in the region.

Vietnam GDP Last Previous Highest Lowest Unit
GDP Growth Rate 6.88 6.73 8.46 3.14 percent [+]
GDP Annual Growth Rate 6.97 7.48 8.48 3.12 percent [+]
GDP 244.95 223.78 244.95 6.29 USD Billion [+]
GDP Constant Prices 3738546.00 2522978.00 3738546.00 480455.00 VND Billion [+]
Gross National Product 5154552.00 4628741.00 5154552.00 39284.00 VND Billion [+]
Gross Fixed Capital Formation 1321905.90 1190474.59 1321905.90 5495.00 VND Billion [+]
GDP per capita 1964.50 1853.00 1964.50 377.50 USD [+]
GDP per capita PPP 6608.60 6233.50 6608.60 1457.60 USD [+]
GDP From Agriculture 510632.00 352698.00 510632.00 65298.00 VND Billion [+]
GDP From Construction 244890.00 148892.00 244890.00 24018.00 VND Billion [+]
GDP From Manufacturing 712447.00 495670.00 712447.00 90932.00 VND Billion [+]
GDP From Mining 210464.00 134642.00 240462.00 38180.00 VND Billion [+]
GDP From Public Administration 98116.00 65913.00 98116.00 13398.00 VND Billion [+]
GDP From Services 1453677.00 977261.00 1453677.00 216604.00 VND Billion [+]
GDP From Transport 111683.00 75470.00 111683.00 15783.00 VND Billion [+]
GDP From Utilities 22163.00 15794.00 22163.00 3044.00 VND Billion [+]