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Economy Snapshot

Vietnam Economy and Trade

HanoiLocal time

GDP $514.70B · real growth 7.1% · source years shown below

Vietnam's macroeconomic panel uses $514.70B as the nominal GDP observation for 2025 and 7.1% as the real-growth observation for 2024. Alongside output, the profile shows GDP per capita of $4,717 (2024) and CPI inflation of 3.6% (2024). Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.

Nominal GDP
$514.70B
current US$ · 2025
World Bank
GDP per capita
$4,717
current US$ · 2024
Source listed below
Real GDP growth
7.1%
annual % · 2024
Source listed below
Inflation
3.6%
CPI annual % · 2024
Source listed below

Vietnam at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$239.26B$514.70B
2015: $239.26B2016: $257.10B2017: $281.35B2018: $310.11B2019: $334.37B2020: $346.62B2021: $366.47B2022: $413.45B2023: $433.81B2024: $476.32B2025: $514.70B
GDP per capita$4,717
Real growth7.1%
GDP year2024
2024 Inflation
3.6%
CPI annual %
2025 Unemployment
1.5%
labor-market measure
2024 GDP per capita
$4,717
current US$

Macro signals

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20247.1%
Unemployment20251.5%
Inflation20243.6%
Understand the numbers

What Vietnam's economic profile is telling you

Vietnam keeps the latest completed World Bank GDP, GDP per capita, real growth and CPI observations at 2024, when nominal GDP was about $476.39 billion and growth 7.1 percent. Modeled unemployment is a newer 2025 observation and is labeled separately.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorVietnamReference periodStatus
GDPcurrent US$$514.70B2025Actual
GDP per capitacurrent US$$4,7172024Actual
Real GDP growthannual %7.1%2024Actual
InflationCPI annual %3.6%2024Actual
Unemploymentmodeled ILO estimate1.5%2025Estimate
Merchandise balancematched year requiredNot calculatedUnavailableUnavailable

Frequently Asked Questions

What is Vietnam's latest GDP?

The latest World Bank nominal GDP observation used here is $514.70B for 2025 in current US dollars.

What does merchandise trade show for Vietnam?

A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise trade where independently resolved.