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General profile: Viet Nam

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
98.187 Millions
23 271.213 VND/US$
404 909 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 313 429 km²
3.19 %
6.99 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+10.5 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
32 442
72 237
162 065
371 288
Merchandise imports
36 761
84 839
165 610
359 148
Merchandise trade balance
-4 319
-12 602
-3 545
12 140
Export structure by product group in 2022
(as % of total exports)
6 %6 %85 %85 %10 %10 %
Top 5 partners in 2022
(exports, millions of US$)
110 70759 89724 49524 46810 942110 70759 89724 49524 46810 942
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
4 265
7 460
11 241
(e) 12 905
Services imports
4 450
9 902
15 714
(e) 25 567
Services trade balance
-185
-2 442
-4 474
(e) -12 661
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
27.4
31.0
22.3
(e) 4.8
Travel
53.9
59.7
65.4
(e) 55.0
Other services
18.7
9.3
12.3
(e) 40.2
TRADE INDICES
More data on UNCTADstat
197175163151137115100877664544941393631262319171514102104105103104104100989696969792928786837977737276
ECONOMIC TRENDS
More data on UNCTADstat
+7.0 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
57 633
147 201
239 258
404 909
GDP per capita, current US$
693
1 684
2 595
4 124
Real GDP growth, y-on-y, %
7.55
11.63
6.99
6.99
Current account balance, % of GDP
-0.97
-2.90
-0.85
-0.27
Exchange rate (/US$)
15 858.917
18 612.917
21 697.568
23 271.213
GDP by expenditure in 2021
(as % of total GDP)
55.49.633.593.393.255.49.633.593.393.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.7 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
1 954.00
8 000.00
11 800.00
(j) 17 900.00
FDI outflows
65.00
900.00
1 100.00
(j) 2 674.00
Personal remittances, % of GDP
..
7.12
6.73
..
Financial flows trends
(millions of US$)
18 060.017 200.017 000.016 000.015 000.014 000.013 000.012 000.011 000.010 000.08 600.08 260.06 020.06 805.017 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
2022
Balance, % of GDP
-4.55
-5.15
1.21
(e) 3.08
Balance, % of imports
-6.67
-8.68
1.70
(e) 3.37
Normalized balance
-0.035
-0.045
0.008
(e) 0.017
Trade openness²
(sum of imports and exports as % of GDP)
186185161162163160144144135131123124113106134142133132
LIVING AREA
Population by living area in 2022
(% of population)
Urban 39%Urban 39%Rural 61%Rural 61%
OTHER INDICATORS
More data on UNCTADstat
0.561 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
2 126
5 415
7 373
12 350
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
33.67
45.82
78.77
Container port throughput (TEU)
..
6 431 032
(t) 10 615 391
..
Information economy indicators
(as % of)
2005
2010
2015
2022
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: UNCTADstat (http://unctadstat.unctad.org)
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).
e
Estimated.
j
Asset/liability basis.
q
Estimated. Data refers to 2020.
t
Revised more than 20% in relation to the version published on 18 March 2022.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
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 UNCTADstat 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 UNCTADstat.
Generation date: 21 September 2023