Vietnam GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$476.39

Source: world bank Nominal/PPP
Summary:

Vietnam GDP Per Capita expanded from 1985 to 2024, increasing from $14.09 to $476.39 .The compound annual growth rate (CAGR) averaged 9.45% over the period. The economy recorded its peak level in 2024 and its lowest level in 1989. Growth volatility remained high. The maximum drawdown reached 82.84%, indicating the largest cyclical decline from peak levels. The country experienced 1 recession episode(s) during the observed period.

Latest GDP Per Capita of Vietnam 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 476.39 dollars$ 1,654.73 Int dollars
Growth (YoY)9.803%9.681%
Net Change vs Previous Year$ 42.53 dollars$ 146.05 Int dollars
% of World GDP Per Capita0.43%0.83%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Vietnam GDP | Vietnam GDP Growth

Vietnam Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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1967------
1968------
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198514.09-----
198626.3412.2486.855 %---
198736.6610.3239.191 %---
198825.42-11.23-30.646 %---
19896.29-19.13-75.246 %---
19906.470.182.835 %79.24--
19919.613.1448.544 %86.87.569.544 %
19929.870.252.638 %96.469.6511.122 %
199313.183.3133.586 %106.7210.2610.635 %
199416.293.1123.56 %118.6311.9111.162 %
199520.744.4527.322 %132.6714.0411.837 %
199624.663.9218.91 %147.7215.0511.342 %
199726.842.198.866 %162.5114.810.017 %
199827.210.371.363 %173.8111.36.953 %
199928.681.475.417 %184.6910.876.256 %
200031.172.498.677 %201.69179.206 %
200132.691.514.853 %21917.318.584 %
200235.062.387.278 %236.4617.467.973 %
200339.554.4912.801 %257.7721.39.009 %
200445.435.8814.855 %284.6526.8810.428 %
200557.6312.2126.868 %315.7331.0810.919 %
200666.378.7415.162 %348.1832.4510.277 %
200777.4111.0416.638 %383.1134.9310.032 %
200899.1321.7228.051 %412.629.497.698 %
2009106.026.886.945 %437.5524.956.048 %
2010147.241.1938.849 %471.3233.767.717 %
2011172.625.3917.251 %511.8940.578.609 %
2012195.592313.324 %570.7958.911.506 %
2013213.7118.129.263 %612.1341.347.243 %
2014233.4519.749.238 %668.9856.859.286 %
2015239.265.812.487 %712.143.136.447 %
2016257.117.847.456 %787.2175.110.547 %
2017281.3524.269.435 %872.7585.5410.867 %
2018310.1128.7510.219 %963.3390.5910.379 %
2019334.3724.267.823 %1071.76108.4311.255 %
2020346.6212.253.664 %1138.6366.876.239 %
2021366.4819.865.729 %1192.0653.434.692 %
2022413.4546.9712.817 %1386.07194.0116.275 %
2023433.8620.414.937 %1508.68122.618.846 %
2024476.3942.539.803 %1654.73146.059.681 %

Vietnam Economic Phases (1985 - 2024)

From 1985 to 2024, Vietnam economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1986–1987) indicating robust economic expansion
  • Crisis (1988–1989) indicating severe economic downturn
  • High Growth (1993–1997) indicating robust economic expansion
  • High Growth (1999–2000) indicating robust economic expansion
  • High Growth (2002–2014) indicating robust economic expansion
  • High Growth (2016–2019) indicating robust economic expansion
  • High Growth (2021–2022) indicating robust economic expansion
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 1986 with an increase of 86.855%, while the largest decline was in 1989 at -75.246%.