Over the past 35 years, the value for this indicator has fluctuated between $2,785.72 in 2020 and $94.56 in 1989. GDP is the total value of all goods and services produced in a country in a year. Vietnam ranks 3rd in GDP 2023. 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. )tide and wave: 0% of total installed capacity (2020 est. Available: https://www.statista.com/statistics/444743/gross-domestic-product-gdp-per-capita-in-vietnam/, Vietnam: Gross domestic product (GDP) per capita in current prices from 1987 to 2027*, Life expectancy at birth in Vietnam 2020, by gender, Median age of the population in Vietnam 2015, Gross domestic product (GDP) in Vietnam 2027*, Gross domestic product (GDP) per capita in Vietnam 2027*, Gross domestic product (GDP) growth rate in Vietnam 2027*, Vietnam: Share in global GDP adjusted for PPP 2027, Distribution of gross domestic product (GDP) across economic sectors Vietnam 2020, Employment by economic sector in Vietnam 2019, Youth unemployment rate in Vietnam in 2021, National debt of Vietnam in relation to gross domestic product (GDP) 2027, Ratio of military expenditure to gross domestic product (GDP) in Vietnam 2018, Ratio of government expenditure to gross domestic product (GDP) in Vietnam 2027, Vietnam's budget balance in relation to GDP 2027, Total population of the ASEAN countries from 2017 to 2027, Gross domestic product of the ASEAN countries from 2017 to 2027, Import growth in the ASEAN region 2015 by country, Export growth in the ASEAN region 2015 by country, Trade balance in the ASEAN region by country 2020, New cases of COVID-19 worldwide from January 23, 2020 to February 26, 2023, by day, Gross domestic product (GDP) per capita in Sub-Saharan Africa 2024, Gross domestic product (GDP) per capita in Liechtenstein 2020, Gross domestic product (GDP) per capita in the Association of Caribbean States 2021, Gross domestic product (GDP) per capita in South Korea 2027, Gross domestic product (GDP) per capita in Marshall Islands 2027, Gross domestic product (GDP) per capita in the BRICS countries 2000-2027, Sales volume of mini excavators in India 2015-2020, Import value of cereals from the EU to Qatar 2014-2018, Share of market Kirana Megatara FY 2016-2021, Industry revenue of spinning, weaving and finishing of textiles in the Philippines 2012-2024, Production volume of safety and multi-layered glass Japan 2011-2020, Frequency of using mobile dating apps Philippines 2020 by age, Number of telecommunication towers Saudi Arabia 2019, by ownership, Industry revenue of wholesale of wood and construction materials in Austria 2012-2025. Learn more about how Statista can support your business. )crude oil and lease condensate imports: 103,500 bbl/day (2018 est. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. )22,602.05 (2018 est. People. 6.8 percent of GDP in 2018. This page in: English; . On this Wikipedia the language links are at the top of the page across from the article title. 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. Please do not hesitate to contact me. The aftermath of the Vietnam War in 1975 resulted in an outpouring of approximately 1.6 million Vietnamese refugees over the next two decades. Between 1975 and 1997, programs such as the Orderly Departure Program and the Comprehensive Plan of Action resettled hundreds of thousands of Vietnamese refugees abroad, including the United States (880,000), China (260,000, mainly ethnic Chinese Hoa), Canada (160,000), Australia (155,000), and European countries (150,000)., 0-14 years: 23.44% (male 12,975,791/female 11,593,157)15-64 years: 68.69% (male 36,280,449/female 35,705,586)65 years and over: 7.87% (2023 est.) ), 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. Learn more about how Statista can support your business. )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. Vietnam set out economic indicators for the period of 2016 - 2020: "5-year average economic growth rate shall reach 6.5 - 7%/year. 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. Anh Phuong Vu . The GDP value of Vietnam represents 0.16 percent of the world economy. )23,050.242 (2019 est. The national average is VND4.23 million, down two percent from 2019. To learn more about cookies, click here. ), 43 deaths/100,000 live births (2017 est. GDP per capita (constant LCU) Vietnam. Whereas its GDP per capita was barely $230 in 1985, it was more than ten times that in 2017 ($2,343). 2019 [ edit] References [ edit] Vietnam has probably reached parity and I surmise, if based on purchasing power parity, is at least . )proven reserves: 699.425 billion cubic meters (2021 est. Vietnam is one of a few countries to have weathered the pandemic's economic. )exports: 2.067 billion kWh (2019 est. The monthly per capita income in urban areas is around VND5.54 million, about 1.6 times higher than that in rural areas (VND3.48 million). Two years later, North Vietnamese forces overran the South reuniting the country under communist rule. According to the census results of January 2023, the population of Vietnam is 96,994,000 people. The provinces are divided into provincial cities, towns, and rural districts as the second-tier units. Vietnam's THE as a percentage of GDP is comparable to that of . Keep it up! The number of councillors varies from province to province, depending on the population of that province. GDP per capita, PPP (constant 2017 international $) GDP per capita (current US$) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. (approximately $11.2 billion)2.3% of GDP (2018 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). )expenditures: $69.37 billion (2017 est. Anh Phuong Vu Suche erweitern. (June 16, 2022). 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. In 2020, GDP per capita in Vietnam amounted to around 3,514.37 U.S. dollars. Vietnam gnp for 2020 was $333.83B, a 4.48% increase from 2019. (October 12, 2022). 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. Vietnam became part of French Indochina in 1887. The income unit is in thousands vnd. In, IMF. )$84.34 billion (31 December 2016 est. ), forest revenues: 1.49% of GDP (2018 est. )exports of goods and services: 100% (2017 est. Ancient Vietnam was centered on the Red River Valley and was under Han Chinese rule until approximately the 10th century. Vietnam: Gross domestic product (GDP) per capita in current prices from 1987 to 2027* (in U.S. dollars) [Graph]. According to the latest data from The World Bank, Vietnam GDP per capita is $3,694.02 (reminder, as of 2021). ), improved: urban: 99.2% of populationrural: 95.5% of populationtotal: 96.9% of populationunimproved: urban: 0.8% of populationrural: 4.5% of populationtotal: 3.1% of population (2020 est. 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. . )consumption: 199,846,440,000 kWh (2019 est. "Vietnam: Gross Domestic Product (Gdp) per Capita in Current Prices from 1987 to 2027* (in U.S. According to the latest data from the World Bank, Vietnam's GDP . When Vietnam was reunified in 1975, the country had a youthful age structure and a high fertility rate. The population growth rate slowed dramatically during the next 25 years, as fertility declined and infant mortality and life expectancy improved. The countrys adoption of a one-or-two-child policy in 1988 led to increased rates of contraception and abortion. The total fertility rate dropped rapidly from nearly 5 in 1979 to 2.1 or replacement level in 1990, and at 1.8 is below replacement level today. Fertility is higher in the more rural central highlands and northern uplands, which are inhabited primarily by poorer ethnic minorities, and is lower among the majority Kinh, ethnic Chinese, and a few other ethnic groups, particularly in urban centers. With more than two-thirds of the population of working age (15-64), Vietnam has the potential to reap a demographic dividend for approximately three decades (between 2010 and 2040). However, its ability to do so will depend on improving the quality of education and training for its workforce and creating jobs. The Vietnamese Government is also considering changes to the countrys population policy because if the countrys fertility rate remains below replacement level, it could lead to a worker shortage in the future. The number of commissioners depends on the population of the province. ), total subscriptions: 136.23 million (2019)subscriptions per 100 inhabitants: 141.23 (2019), general assessment: even with Covid-19 pandemic-related mobility restrictions in place, Vietnams economy has continued to outperform the rest of the region in 2020 and 2021; the telecom sector essentially spent most of this period in a holding pattern, focusing on maintaining service throughout the crisis while preparing for some major changes to come in the mobile market in 2022; both fixed-line telephony and mobile have experienced small drops in subscriber numbers since the start of the pandemic, but the similarities between the two markets end there; fixed-line teledensity continued its downwards trajectory towards virtual oblivion, with just 3% penetration (around 3 million subscribers) at the start of 2021; the mobile market has lost about the same number of subscribers since the end of 2019, but has been sitting on much higher penetration levels around 130% for many years; growth is expected to kick in again in 2022 following the anticipated launch of commercial 5G mobile services along with a range of government-led schemes to move consumers completely off 2G and 3G; one example is the planned redistribution of GSM/3G bandwidth to LTE; in addition to propelling Vietnam into having one of the most advanced mobile markets in the world, this should also spur on the mobile broadband segment; with a penetration level of just over 70%, mobile broadband has considerable room to grow; increasing economic prosperity coupled with the latest smartphone technology and networks should see mobile broadband underwriting the countrys telecommunications sector for at least the next few years; this report includes the regulator's market data to July 2021, telcos' financial and operating data updates to June 2021, Telecom Maturity Index charts and analyses, assessment of the global impact of Covid-19 on the telecoms sector, and other recent market developments (2021)domestic: all provincial exchanges are digitalized and connected to Hanoi, Da Nang, and Ho Chi Minh City by fiber-optic cable or microwave radio relay networks; main lines have been increased, and the use of mobile telephones is growing rapidly; fixed-line under 4 per 100 and mobile-cellular nearly 143 per 100 (2020)international: country code - 84; landing points for the SeaMeWe-3,APG, SJC2, AAE-1, AAG and the TGN-IA submarine cable system providing connectivity to Europe, Africa, the Middle East, Asia, Southeast Asia, Australia, and the US; satellite earth stations - 2 Intersputnik (Indian Ocean region) (2020)note: the COVID-19 pandemic continues to have a significant impact on production and supply chains globally; since 2020, some aspects of the telecom sector have experienced a downturn, particularly in mobile device production; progress toward 5G implementation has resumed, as well as upgrades to infrastructure; consumer spending on telecom services has increased due to the surge in demand for capacity and bandwidth; the crucial nature of telecom services as a tool for work and school from home is still evident, and the spike in this area has seen growth opportunities for development of new tools and increased services, government controls all broadcast media exercising oversight through the Ministry of Information and Communication (MIC); government-controlled national TV provider, Vietnam Television (VTV), operates a network of several channels with regional broadcasting centers; programming is relayed nationwide via a network of provincial and municipal TV stations; law limits access to satellite TV but many households are able to access foreign programming via home satellite equipment; government-controlled Voice of Vietnam, the national radio broadcaster, broadcasts on several channels and is repeated on AM, FM, and shortwave stations throughout Vietnam (2018), total: 68,137,008 (2020 est. )spirits: 0.21 liters of pure alcohol (2019 est. )permanent crops: 12.1% (2018 est. )note: most Vietnamese are culturally Buddhist. Browse by Country or Indicator. US forces were withdrawn following a cease-fire agreement in 1973. ), China 35%, South Korea 18%, Japan 6% (2019), integrated circuits, telephones, refined petroleum, textiles, semiconductors (2019), $109.371 billion (31 December 2021 est. ), total: 24.8% (2020 est. )2.04% (2019 est. Visit the Definitions and Notes page to view a description of each topic. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. ), total: 31.9 yearsmale: 30.8 yearsfemale: 33 years (2020 est. The legislative branch of a province is the People's Council (Hi ng Nhn dn or HDND for short). Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. CafeF. 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 note: data are in current year dollars$269.808 billion (2020 est.) Since Vietnam is a one party state, the provincial committee of the Communist Party is the most prominent organ of provincial governance. The Ly Dynasty (11th-13th century) ruled the first independent Vietnamese state, which was known as Dai Viet, and established their capital at Thang Long (Hanoi). ), household consumption: 66.9% (2017 est. )2.8% (2019 est.). (Vietnamese)The World Factbook, the indispensable source for basic information. )subscriptions per 100 inhabitants: 17 (2020 est. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. There are a significant number of ethnic minorities in the region. Profit from the additional features of your individual account. Number on map Administrative center Area (in km 2) Population Density (/km 2) % Urban HDI (2012) GDP per capita (2011 PPP US$) Region Bc Giang province: 20 Bc Giang: 1,824,000 : 463 11.4 0.711 Northeast: Bc Kn province . ), total: 14.42 deaths/1,000 live birthsmale: 14.76 deaths/1,000 live birthsfemale: 14.05 deaths/1,000 live births (2023 est. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. Per capita income also grew rapidly from $110 in 1991 to $2,650 in 2020, while inequality was kept in check. However, ODM cannot guarantee accuracy, completeness or reliability from third party sources in every instance. )permanent pasture: 2.1% (2018 est. 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].