Vietnam’s real gross domestic product (GDP) has been experiencing positive growth for the past five years since 2019, and is projected to continue to do so through 2029. In 2023, Vietnam’s real GDP increased by around five percent compared to the previous year.
Learning from real GDP
Real gross domestic product (GDP) is a measure that reflects the value of all goods and services an economy produces within a given year. It is expressed in base-year prices, and is thus an inflation-adjusted way to compare a country’s economic output through the years. The GDP growth rate is a significant indicator of a country’s economic health, as it reacts to the economy’s expansions and contractions.
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IMF. (October 22, 2024). Vietnam: Growth rate of real gross domestic product (GDP) from 2019 to 2029* (compared to the previous year) [Graph]. In Statista. Retrieved December 02, 2024, from https://www.statista.com/statistics/444616/gross-domestic-product-gdp-growth-rate-in-vietnam/
IMF. "Vietnam: Growth rate of real gross domestic product (GDP) from 2019 to 2029* (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed December 02, 2024. https://www.statista.com/statistics/444616/gross-domestic-product-gdp-growth-rate-in-vietnam/
IMF. (2024). Vietnam: Growth rate of real gross domestic product (GDP) from 2019 to 2029* (compared to the previous year). Statista. Statista Inc.. Accessed: December 02, 2024. https://www.statista.com/statistics/444616/gross-domestic-product-gdp-growth-rate-in-vietnam/
IMF. "Vietnam: Growth Rate of Real Gross Domestic Product (Gdp) from 2019 to 2029* (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/444616/gross-domestic-product-gdp-growth-rate-in-vietnam/
IMF, Vietnam: Growth rate of real gross domestic product (GDP) from 2019 to 2029* (compared to the previous year) Statista, https://www.statista.com/statistics/444616/gross-domestic-product-gdp-growth-rate-in-vietnam/ (last visited December 02, 2024)
Vietnam: Growth rate of real gross domestic product (GDP) from 2019 to 2029* (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/444616/gross-domestic-product-gdp-growth-rate-in-vietnam/