Gross domestic product (GDP) per capita in Vietnam 2024*

In 2018, GDP per capita in Vietnam amounted to around 2,551 U.S. dollars. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth.

Vietnam’s economy

In the last decade, the Vietnamese economy has experienced consistent economic growth with a six to seven percent increase in GDP from year to year. The country’s economy is fueled by its exports of natural resources and agricultural products, though since 2008 its information technology hardware exports have risen substantially. Vietnam’s agriculture and service sectors generate over 56 percent of Vietnam’s gross domestic product.

Vietnam’s population

The majority of Vietnam’s population works in the agriculture or service industries, and the country has one of the world’s lowest unemployment rates at just 1.8 percent in 2018. The population is relatively young, with the median age expected to reach 32.5 years by 2020. The median age has increased significantly from its low point of 18.2 years in 1970, around the time Vietnam was being devastated by war. Since then, the country’s population has increased as well, reaching over 94 million people in 2018.

Vietnam: Gross domestic product (GDP) per capita in current prices from 1984 to 2024*

GDP per capita in U.S. dollars
2024*3,952.1
2023*3,664.17
2022*3,406.14
2021*3,171.51
2020*2,954.64
2019*2,739.82
2018*2,551.12
2017*2,353.36
20162,172.01
20152,085.71
20142,047.43
20131,898.9
2012 1,750.76
2011 1,532.31
2010 1,297.23
2009 1,181.45
2008 1,154.49
2007 920.46
2006 796.93
2005 699.68
2004 603.67
2003 489.03
2002 440.21
2001 413.34
2000 401.57
1999 374.72
1998 360.93
1997 361.91
1996 337.52
1995 288.87
1994 230.31
1993 189.26
1992 144.15
1991 113.65
1990 98.03
1989 97.16
1988 365.89
1987 674.88
1986 556.02
1985 251.2
1984 822.55
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Source

Release date

October 2019

Region

Vietnam

Survey time period

1984 to 2016

Supplementary notes

* Estimate.

The values have been rounded to provide a better understanding of the statistic.

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Statistics on "Vietnam"

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