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General profile: Viet Nam

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
100.352 Millions
..
425 701 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 313 429 km²
3.25 %
4.58 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-4.7 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
32 442
72 237
162 065
353 782
Merchandise imports
36 761
84 839
165 610
325 776
Merchandise trade balance
-4 319
-12 602
-3 545
28 006
Export structure by product group in 2023
(as % of total exports)
5 %5 %86 %86 %10 %10 %
Top 5 partners in 2023
(exports, millions of US$)
97 92762 94624 00823 35910 44597 92762 94624 00823 35910 445
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
4 265
7 460
11 241
19 594
Services imports
4 450
9 902
15 714
29 059
Services trade balance
-185
-2 442
-4 474
-9 465
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
27.4
31.0
22.3
28.1
Travel
53.9
59.7
65.4
46.7
Other services
18.7
9.3
12.3
25.2
TRADE INDICES
More data on UNCTADstat
201201197175163151137115100877664544941393631103100102104105103104104100989696969792928786
ECONOMIC TRENDS
More data on UNCTADstat
+4.6 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
57 633
147 201
239 258
425 701
GDP per capita, current US$
711
1 683
2 578
4 242
Real GDP growth, y-on-y, %
7.55
11.63
6.99
4.58
Current account balance, % of GDP
-0.97
-2.90
-0.85
5.89
Exchange rate (/US$)
15 858.917
18 612.917
21 697.568
..
GDP by expenditure in 2022
(as % of total GDP)
54.99.033.494.191.254.99.033.494.191.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
-0.2 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
1 954.00
8 000.00
11 800.00
(k) 18 500.00
FDI outflows
65.00
900.00
1 100.00
(k) -950.00
Personal remittances, % of GDP
..
5.14
3.31
..
Financial flows trends
(millions of US$)
13 150.612 500.010 527.510 695.210 013.59 241.48 406.77 910.29 794.09 429.07 912.08 326.07 569.06 018.06 804.018 50017 90015 66015 80016 12015 50014 10012 60011 8009 2008 9008 3687 5198 0007 6009 5796 9812 4001 9541 6101 4501 4001 3001 289FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-4.55
-5.15
1.21
8.10
Balance, % of imports
-6.67
-8.68
1.70
10.15
Normalized balance
-0.035
-0.045
0.008
0.048
Trade openness²
(sum of imports and exports as % of GDP)
168185185161162163160144144135131123124113106134142133132
LIVING AREA
Population by living area in 2023
(% of population)
Urban 39%Urban 39%Rural 61%Rural 61%
OTHER INDICATORS
More data on UNCTADstat
0.545 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
2 126
5 415
7 373
12 422
Container port throughput (TEU)
..
6 431 032
10 615 391
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
2.77
7.91
29.37
..
Share of ICT goods, % of total imports
6.12
8.40
21.13
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
k
Asset/liability basis.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024