Vietnam ranks 3rd in GDP 2023. Projections by IMF. )exports: 2.067 billion kWh (2019 est. October 12, 2022. This is neither a commercial research service nor a domain managed by any governmental or inter-governmental agency; it is managed as a private non-profit open data/open knowledge media group. Inflation (CPI): 1.9%. Per capita income also grew rapidly from $110 in 1991 to $2,650 in 2020, while inequality was kept in check. )services: 51.3% (2017 est. However, since the enactment of Vietnam's "doi moi" (renovation) policy in 1986, Vietnamese authorities have committed to increased economic liberalization and enacted structural reforms needed to modernize the economy and to produce more competitive, export-driven industries. At the third tier, provincial city or town is divided into ward and commune, while rural district is divided into townships (th trn) and communes. According to the latest data from the World Bank, Vietnam's GDP . )percent of population: 70% (2020 est. )agricultural: 77.75 billion cubic meters (2017 est. )exports: 902,000 metric tons (2020 est. Profit from the additional features of your individual account. CafeF. A December 1978 Vietnamese invasion drove the Khmer Rouge into the countryside, began a 10-year Vietnamese occupation, and touched off 20 years of civil war. Site users are encouraged to do additional research in support of their activities and to share the results of that research with our team, contact us to further improve the site accuracy. ), household consumption: 66.9% (2017 est. The People's Council appoints a People's Committee, which acts as the executive arm of the provincial governance. . The total income per month includes the salary, the income from agriculture, forestry, aquaculture and non-agriculture, non-forestry, non-aquaculture and from other income. "Tnh hnh kinh t, x hi TP. [1] Close. )proven reserves: 699.425 billion cubic meters (2021 est. Under the Tran Dynasty (13th-15th century), Dai Viet forces led by one of Vietnams national heroes, TRAN Hang Dao, fought off Mongol invaders in 1279. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Browse by Country or Indicator. )nuclear: 0% of total installed capacity (2020 est. The legislative branch of a province is the People's Council (Hi ng Nhn dn or HDND for short). Vietnam sets GDP target 6-6.5 per cent, vaccine coverage highest among nations. Prior to 2020, the. ), rice, vegetables, sugar cane, cassava, maize, pork, fruit, bananas, coffee, coconuts, food processing, garments, shoes, machine-building; mining, coal, steel; cement, chemical fertilizer, glass, tires, oil, mobile phones, agriculture: 40.3%industry: 25.7%services: 34% (2017), 2.17% (2021 est. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. )3.22% (2020 est. The People's Council votes on the policy, regulations and orders for development of the province. It has 9,005,000 people living within its official boundaries. US forces were withdrawn following a cease-fire agreement in 1973. )2.4% of GDP (2020 est. As of 2020, average GDP per capita shall reach $3,200 - 3,500; industry and service rate in GDP shall reach 85%; 5-year average total social investment shall account for approximately 32 - ), total: 24.8% (2020 est. )22,602.05 (2018 est. Dieser Button zeigt den derzeit ausgewhlten Suchtyp an. [Online]. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. ), total: 16,699,249 (2020 est. dollars)." )2.3% of GDP (2019 est.) Provincial Committee of the Communist Party (ng b ng Cng sn cp tnh or Tnh y ng Cng sn) is a provincial subordinate of the Communist Party of Vietnam. Each provincial committee of the Communist Party is headed by a Secretary (B th). ), forest revenues: 1.49% of GDP (2018 est. )carbon dioxide emissions: 192.67 megatons (2016 est. Over the 2016-2020 five year period, however, per capita income increased by around 8 percent. Currently, you are using a shared account. Use Ask Statista Research Service, Degree of urbanization 2022, by continent, Monthly average income per capita in Ho Chi Minh City Vietnam 2010-2021, Most chosen FMCG brands in urban areas Vietnam 2021, by penetration rate. According to the latest data from The World Bank, Vietnam GDP per capita is $3,694.02 (reminder, as of 2021). The People's Committee is equivalent to the executive Government of Vietnam. )investment in inventories: 2.8% (2017 est. IN the mid-1990s, Indonesia passed us in gross domestic product (GDP) per capita and despite being affected more by the 1997 Asian financial crisis, continued to put more distance between us and them. ), number of registered air carriers: 5 (2020)inventory of registered aircraft operated by air carriers: 224annual passenger traffic on registered air carriers: 47,049,671 (2018)annual freight traffic on registered air carriers: 481.37 million (2018) mt-km, total: 38over 3,047 m: 102,438 to 3,047 m: 61,524 to 2,437 m: 13914 to 1,523 m: 9 (2021), total: 71,524 to 2,437 m: 1914 to 1,523 m: 3under 914 m: 3 (2021), 72 km condensate, 398 km condensate/gas, 955 km gas, 128 km oil, 33 km oil/gas/water, 206 km refined products, 13 km water (2013), total: 2,600 km (2014)standard gauge: 178 km (2014) 1.435-m gauge; 253 km mixed gaugenarrow gauge: 2,169 km (2014) 1.000-m gauge, total: 195,468 km (2013)paved: 148,338 km (2013)unpaved: 47,130 km (2013), 47,130 km (2011) (30,831 km weight under 50 tons), total: 1,926by type: bulk carrier 116, container ship 41, general cargo 1,193, oil tanker 125, other 451 (2021), major seaport(s): Cam Pha Port, Da Nang, Haiphong, Phu My, Quy Nhoncontainer port(s) (TEUs): Saigon (7,956,133), Cai Mep (5,385,289), Haiphong (5,695,839) (2021)river port(s): Ho Chi Minh (Mekong), People's Army of Vietnam (PAVN; aka Vietnam People's Army, VPA): Ground Forces, Navy (includes naval infantry), Air Force and Air Defense, Border Defense Force, and Vietnam Coast Guard; Vietnam People's Public Security Ministry; Vietnam Civil Defense Force (2022)note 1: the Public Security Ministry is responsible for internal security and controls the national police, a special national security investigative agency, and other internal security units, including specialized riot police regimentsnote 2: the Vietnam Coast Guard was established in 1998 as the Vietnam Marine Police and renamed in 2013; Vietnam officially established a maritime self-defense force (civilian militia) in 2010 after the National Assembly passed the Law on Militia and Self-Defense Forces in 2009; the Vietnam Fisheries Resources Surveillance (VFRS), established in 2013, is responsible for patrolling, monitoring for fishing violations, and carrying out fishery inspections; it is armed, allowed to use force if necessary, and works in tandem with the Vietnam Coast Guard, 2.4% of GDP (2021 est. If you are an admin, please authenticate by logging in again. Show publisher information *-Ph Quc Island (Ph Quc City, Kin Giang Province [58]), **-Cn o Islands (Cn o District, B RaVng Tu province [51]), ***-Paracel Islands (Hong Sa District, Nng Municipality [4]), ****-Spratly Islands (Trng Sa District, Khnh Ha Province [43]). News article summaries are extracted from their sources, as guided by fair-use principles and are copyrighted by their respective sources. In 2021, citizens of Ho Chi Minh City and Ha Noi had the highest monthly average monthly income per capita among Vietnam's four major cities, amounting to six million Vietnamese dong. )forest: 45% (2018 est. Download Historical Data Save as Image From: To: Zoom: 0 100 200 300 Billions of US $ GNP: $350.21 0 1,000 2,000 3,000 US $ Per Capita: $3,590 The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information Ancient Vietnam was centered on the Red River Valley and was under Han Chinese rule until approximately the 10th century. Visit the Definitions and Notes page to view a description of each topic. The second most populous administrative unit is the recently expanded H Ni with 8,079,000[4] people. CSV XML EXCEL. statistic alerts) please log in with your personal account. The following is a table of Vietnam's provinces broken down by population and area, January 2023, based on 2023 Census[3] and 2018 area data from Ministry of Natural Resources and Environment.[5]. )crude oil estimated reserves: 4.4 billion barrels (2021 est. ), 15.29 births/1,000 population (2023 est. Show publisher information )tide and wave: 0% of total installed capacity (2020 est. Weiter zum Hauptinhalt LinkedIn. It is equivalent to the legislative National Assembly of Vietnam. )$84.34 billion (31 December 2016 est. ), total population: 75.79 yearsmale: 73.22 yearsfemale: 78.62 years (2023 est. It is considered to be a. GDP and GRDP growth rates of 5 cities under the Central Government in 2021 Ha Noi's GRDP in 2021 is estimated to increase by 2.92% compared to 2020, lower than the growth rate of 4.18% in 2020. Two years later, North Vietnamese forces overran the South reuniting the country under communist rule. With such rapid economic growth, the country grew from one of the poorest countries in the world to a comfortably middle-income one. )59.9% of GDP (2016 est. Phone: 04.37332997 - 04.38464921. Vietnam GDP Value was 366 USD Billion in 2023. Statista. This growth means that the country essentially eliminated extreme poverty. They all stretch from the coast in the east to. Prior to the expansion of the capital city, this rank belonged to Thanh Ha with 3,626,000 people. Materials on the Open Development Mekong (ODM) website and its accompanying database are compiled from publicly available documentation and provided without fee for general informational purposes only. "Vietnam: Gross Domestic Product (Gdp) per Capita in Current Prices from 1987 to 2027* (in U.S. Between 2002 and 2021, GDP per capita increased 3.6 times, reaching almost US$3,700. Please create an employee account to be able to mark statistics as favorites. ODM makes no representation or warranty, either expressed or implied, in fact or in law, with respect to the accuracy, completeness or appropriateness of the data, materials or documents contained or referenced herein or provided. )permanent crops: 12.1% (2018 est. )note: official data; data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions, -$3.812 billion (2021 est. However, ODM cannot guarantee accuracy, completeness or reliability from third party sources in every instance. )$13.101 billion (2019 est. note: data are in current year dollars$261.683 billion (2019 est. ), electrification - total population: 100% (2019), installed generating capacity: 65.283 million kW (2020 est. )$94.834 billion (31 December 2020 est. )consumption: 199,846,440,000 kWh (2019 est. IMF. )consumption: 8,438,095,000 cubic meters (2019 est. The latest value for GDP per capita (current US$) in Vietnam was $2,785.72 as of 2020. Get full access to all features within our Business Solutions. The latest print was also the weakest pace of growth since the first quarter. June 16, 2022. )2.04% (2019 est. On the first tier, Vietnam is divided into fifty-eight provinces (tnh) and five municipalities under the command of the central government (Vietnamese: thnh ph trc thuc trung ng). )crude oil and lease condensate exports: 66,900 bbl/day (2018 est. The cash flow via the banks located in Mng Ci was VND180,469 billion (US$11 billion). )note: most Vietnamese are culturally Buddhist. Despite longstanding tensions with Beijing regarding its expansive claims that overlap with Hanoi's own claimed maritime boundaries in the South China Sea, Vietnam puts a priority on stable relations with China, given its proximity, size, and status as Vietnam's largest trading partner. (approximately $9.85 billion), information is limited and varied; estimated 450,000 active-duty troops (390,000 ground; 30,000 naval; 30,000 air); estimated 40,000 Border Defense Force and Coast Guard (2022), the PAVN is armed largely with weapons and equipment from Russia and the former Soviet Union; in recent years, Russia has remained the most important supplier of newer PAVN military equipment, but Vietnam has diversified arms purchases to include more than a dozen other countries including Israel, South Korea, Ukraine, and the US; Vietnam has a limited domestic defense industry (2022), 18-27 years of age for compulsory and voluntary military service for men and women (in practice only men are drafted); service obligation is between 24 (Army, Air Defense) and 36 (Navy and Air Force) months (2022), the PAVN is the military arm of the ruling Communist Party of Vietnam (CPV) and responsible to the Central Military Commission (CMC), the highest party organ on military policy; the CMC is led by the CPV General Secretary (2023), the International Maritime Bureau reports the territorial and offshore waters in the South China Sea as high risk for piracy and armed robbery against ships; numerous commercial vessels have been attacked and hijacked both at anchor and while underway; hijacked vessels are often disguised and cargo diverted to ports in East Asia; the number of reported incidents decreased from four in 2020 to one in 2021, Vietnam-Cambodia: Cambodia accuses Vietnam of a wide variety of illicit cross-border activities; issues include casinos built in Cambodia near the border, narcotics trafficking, trafficking of women and children, petrol smuggling, illegal logging, and illegal migration; progress on a joint development area with Cambodia is hampered by an unresolved dispute over sovereignty of offshore islands; in December 2021, leaders from the two countries agreed to fully complete the remaining border demarcation and the upgrading of border checkpoints, Vietnam-Cambodia-Laos: Cambodia and Laos protest Vietnamese squatters and armed encroachments along border; Cambodia accuses Vietnam of a wide variety of illicit cross-border activities, Vietnam-China: an estimated 300,000 Vietnamese refugees reside in China; the decade-long demarcation of the China-Vietnam land boundary was completed in 2009; small territorial exchanges were made during the demarcation; China occupies the Paracel Islands also claimed by Vietnam and Taiwan; cross border trafficking in women and children and illegal wildlife trade are problems along this border; In December 2021, China tightened its border controls over COVID concerns, restricting an important trade route for Vietnam, Vietnam-Laos: Laos opened a strategically important international border crossing with Vietnam in 2021, which will shorten the distance for goods and people transiting between Thailand and Vietnam, stateless persons: 35,475 (2022); note - Vietnam's stateless ethnic Chinese Cambodian population dates to the 1970s when thousands of Cambodians fled to Vietnam to escape the Khmer Rouge and were no longer recognized as Cambodian citizens; Vietnamese women who gave up their citizenship to marry foreign men have found themselves stateless after divorcing and returning home to Vietnam; the government addressed this problem in 2009, and Vietnamese women are beginning to reclaim their citizenship, tier rating: Tier 2 Watch List Vietnam does not fully meet the minimum standards for the elimination of trafficking but is making significant efforts to do so; efforts include providing trafficking victims the right to legal representation in judicial proceedings, increasing the amount of shelter time for victims by one month, providing financial support, continuing large-scale awareness campaigns in vulnerable communities and to workers going overseas, and training law enforcement; however, fewer victims were identified or assisted and procedures remained slow and ineffective; provincial officials unfamiliar with anti-trafficking law impede anti-trafficking efforts; labor recruitment firms extorted illegal high fees from workers looking for overseas employment putting them at risk for forced labor; no investigations, prosecutions, or convictions of officials complicit in trafficking offenses were made (2020)trafficking profile: human traffickers exploit domestic and foreign victims in Vietnam, and traffickers exploit Vietnamese abroad; Vietnamese men and women who migrate abroad for work may be subject to exploitation and illegally high fees from recruiters trapping them in debt bondage; traffickers subject victims to forced labor in construction, fishing, agriculture, mining, maritime industries, logging, and manufacturing, primarily in Taiwan, Malaysia, Republic of Korea, Laos, Japan, and to a lesser extent, some parts of Europe and the UK; traffickers mislead Vietnamese women and children with fraudulent employment opportunities and sex traffick them to brothels on the borders of China, Cambodia, Laos, and elsewhere in Asia; traffickers use the Internet, gaming sites, and particularly social media to lure victims; domestic traffickers are sometimes family members or small-scale networks exploiting Vietnamese men, women, and children - including street children and children with disabilities - in forced labor as street beggars or in brick kilns and mines; child sex tourists from elsewhere in Asia and other countries exploit children; prisoners reportedly are forced to work in agriculture, manufacturing, and hazardous industries, such as cashew processing, transshipment point for transnational criminal organizations (TCOs) trafficking heroin, crystal methamphetamine, and ketamine throughout East Asia and the Pacific; approximately 90% of the illicit drugs in the country originate in Laos, Burma, and Thailand, total population growth rate v. urban population growth rate, 2000-2030, Children under the age of 5 years underweight, International law organization participation, Gini Index coefficient - distribution of family income, Household income or consumption by percentage share, Civil aircraft registration country code prefix, Military and security service personnel strengths, Military equipment inventories and acquisitions, Refugees and internally displaced persons, Center for the Study of Intelligence (CSI).