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Vietnam GDP Growth Rate

The Gross Domestic Product (GDP) in Vietnam expanded 4.00 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 2000 until 2012, Vietnam GDP Growth Rate averaged 6.5 Percent reaching an all time high of 8.5 Percent in December of 2007 and a record low of 3.1 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Vietnam is a developing economy in the Southeast Asia. In recent years, the nation has been rising as a leading agricultural exporter and an attractive foreign investment destination. Vietnam's key products are: rice, cashew nuts, black pepper, coffee, tea, fishery products and rubber. Manufacturing, information technology and high-tech industries constitute a fast growing part of the economy. Vietnam is also one of the largest oil producers in the region. This page includes a chart with historical data for Vietnam GDP Growth Rate.

source: General Statistics Office Of Vietnam

Vietnam Inflation Rate

The inflation rate in Vietnam was recorded at 10.54 percent in April of 2012. Historically, from 1996 until 2012, Vietnam Inflation Rate averaged 7.4000 Percent reaching an all time high of 28.2400 Percent in August of 2008 and a record low of -2.6000 Percent in July of 2000. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Vietnam Inflation Rate.

source: General Statistics Office Of Vietnam

Vietnam Balance of Trade

Vietnam reported a trade deficit equivalent to 279 Million USD in March of 2012. Historically, from 1990 until 2012, Vietnam Balance of Trade averaged -1869.5300 Million USD reaching an all time high of 1102.0000 Million USD in July of 2011 and a record low of -18029.0000 Million USD in December of 2008. Vietnam exports mainly crude oil, textiles, seafood, rice, electronics and computers and rubber. It's main exports partners are: United States, Japan, China, Australia and Singapore. Vietnam imports machinery tools and spare parts, petroleum, steel, fabrics and plastics. Vietnam's main imports partners are China, Japan, South Korea, Taiwan, Thailand and Singapore. This page includes a chart with historical data for Vietnam Balance of Trade.

source: General Statistics Office Of Vietnam

Vietnam Imports

Vietnam's imports were projected at 9300 Million USD in March of 2012. Historically, from 1990 until 2012, Vietnam Imports averaged 11986.1400 Million USD reaching an all time high of 80714.0000 Million USD in December of 2008 and a record low of 2338.0000 Million USD in December of 1991. Vietnam imports machinery tools and spare parts, petroleum, steel, fabrics and plastics. Vietnam's main imports partners are China, Japan, South Korea, Taiwan, Thailand and Singapore. This page includes a chart with historical data for Vietnam Imports.

source: General Statistics Office Of Vietnam

Vietnam Exports

Vietnam's exports were projected at 9150 Million USD in March of 2012. Historically, from 1990 until 2012, Vietnam Exports averaged 10116.6000 Million USD reaching an all time high of 62685.0000 Million USD in December of 2008 and a record low of 2087.0000 Million USD in December of 1991. Vietnam exports mainly crude oil, textiles, seafood, rice, electronics and computers and rubber. It's main exports partners are: United States, Japan, China, Australia and Singapore. This page includes a chart with historical data for Vietnam Exports.

source: General Statistics Office Of Vietnam

Vietnam Industrial Production

Industrial Production in Vietnam increased 6.50 percent in March of 2012. Historically, from 2009 until 2012, Vietnam Industrial Production averaged 11.4600 Percent reaching an all time high of 28.4000 Percent in January of 2010 and a record low of -4.4000 Percent in January of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Vietnam Industrial Production.

source: General Statistics Office Of Vietnam

Vietnam Interest Rate

The benchmark interest rate in Vietnam was last reported at 9.00 percent. Historically, from 2003 until 2012, Vietnam Interest Rate averaged 8.3900 Percent reaching an all time high of 14.0000 Percent in October of 2008 and a record low of 7.0000 Percent in November of 2009. In Vietnam, interest rates decisions are taken by The State Bank of Vietnam. The official interest rate is the Base Interest Rate. This page includes a chart with historical data for Vietnam Interest Rate.

source: The State Bank of Vietnam

Vietnam Current Account to GDP

Vietnam reported a Current Account surplus of 0.20 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, Vietnam Current Account to GDP averaged -3.8400 Percent reaching an all time high of 4.1000 Percent in December of 1999 and a record low of -11.9000 Percent in December of 2008. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Vietnam Current Account to GDP.

source: Asian Development Bank

Vietnam Government Budget

Vietnam reported a Government Budget deficit equal to 4.00 percent of the country's Gross Domestic Product in 2011. Historically, from 1988 until 2011, Vietnam Government Budget averaged -3.4100 Percent of GDP reaching an all time high of 1.3000 Percent of GDP in December of 2006 and a record low of -9.9000 Percent of GDP in December of 1988. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Vietnam Government Budget.

source: Asian Development Bank

Vietnam Unemployment Rate

The unemployment rate in Vietnam was last reported at 2.3 percent in 2011. Historically, from 1998 until 2011, Vietnam Unemployment Rate averaged 2.6800 Percent reaching an all time high of 4.5000 Percent in December of 1998 and a record low of 2.0000 Percent in December of 2007. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Vietnam Unemployment Rate.

source: General Statistics Office Of Vietnam

Vietnam GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Vietnam expanded 4.00 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 2000 until 2012, Vietnam GDP Annual Growth Rate averaged 6.4500 Percent reaching an all time high of 8.4600 Percent in December of 2007 and a record low of 3.1400 Percent in March of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Vietnam GDP Annual Growth Rate.

source: General Statistics Office Of Vietnam

Vietnam GDP per capita

The Gross Domestic Product per capita in Vietnam was last reported at 722.74 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Vietnam is equivalent to 6 percent of the world's average. Historically, from 1984 until 2010, Vietnam GDP per capita averaged 381.2300 USD reaching an all time high of 722.7400 USD in December of 2010 and a record low of 198.5300 USD in December of 1984. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Vietnam GDP per capita.

source: World Bank

Vietnam GDP per capita PPP

The Gross Domestic Product per capita in Vietnam was last reported at 3204.82 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Vietnam, when adjusted by Purchasing Power Parity is equivalent to 15 percent of the world's average. Historically, from 1985 until 2010, Vietnam GDP per capita PPP averaged 1418.2200 USD reaching an all time high of 3204.8200 USD in December of 2010 and a record low of 495.0400 USD in December of 1985. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Vietnam GDP per capita PPP.

source: World Bank

Vietnam Population

Historically, from 1960 until 2010, Vietnam Population averaged 60.3600 Million reaching an all time high of 88.3600 Million in December of 2010 and a record low of 34.7000 Million in December of 1960. The total population in Vietnam was last reported at 88.4 million people in 2010 from 34.7 million in 1960, changing 152 percent during the last 50 years. Vietnam has 1.27 percent of the world´s total population which means that one person in every 79 people on the planet is a resident of Vietnam. This page includes a chart with historical data for Vietnam's Total Population. This page includes a chart with historical data for Vietnam Population.

source: the World Bank

Vietnam Government Debt To GDP

Vietnam recorded a Government Debt to GDP of 38.00 percent of the country's Gross Domestic Product in 2011. Historically, from 2001 until 2011, Vietnam Government Debt To GDP averaged 35.8700 Percent reaching an all time high of 38.4000 Percent in December of 2009 and a record low of 31.9000 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Vietnam Government Debt To GDP.

source: International Monetary Fund

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27 May 2012 ► Converter Dong ► Free online currency conversion based on exchange rates. Currency converter