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Vietnam real GDP

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Key data points


Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
‪5,830.73 T‬VND on Dec 31, 2023
Lowest
‪480.45 T‬VND on Mar 31, 2013

About Vietnam real GDP


Category
GDP
Source
General Statistics Office
Frequency
Quarterly
Units
VND

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VNFYGDPG
Full Year GDP Growth
VNGDP
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VNGDPA
GDP From Agriculture
VNGDPC
GDP From Construction
VNGDPMAN
GDP From Manufacturing
VNGDPMIN
GDP From Mining
VNGDPPA
GDP From Public Administration
VNGDPPC
GDP Per Capita
VNGDPPCP
GDP Per Capita PPP
VNGDPS
GDP From Services
VNGDPT
GDP From Transport
VNGDPU
GDP From Utilities
VNGDPYY
GDP Growth
VNGFCF
Gross Fixed Capital Formation
VNGNP
Gross National Product

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Vietnam real GDP was 1,561.963 T VND, and the quarter before that it reached 1,510.735 T VND.