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According to a forecast by PricewaterhouseCoopers in February 2017 [needs update], Vietnam may be the fastest-growing of the world's economies, with a potential annual GDP growth rate of about 5.1 percent, which would make its economy the 10th-largest in the world by 2050.
Vietnam had an average growth in GDP of 7.1% per year from 2000 to 2004. The GDP growth was 8.4% in 2005, the second largest growth in Asia, trailing only China's. Government figures of GDP growth in 2006, was 8.17%. According to Vietnam's Minister of Planning and Investment, the government targets a GDP growth of around 8.5% for 2007.
Pre-1965 period saw a rather rapid GDP growth rate of the South Vietnam's economy, accompanied by a reasonable CPI rise. The state budget of the Republic of Vietnam enjoyed a surplus in the early stage but soon turned into deficit from 1961. Investment remained strong, industry and agriculture generally retained a high growth rate.
Countries by Real GDP Growth Rate in 2023 (Data from IMF WEO Database, April 2024) This article includes a lists of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the value of all final goods and services produced within a state in a given year.
Implemented from 2004 to 2014, the Vietnam Urban Upgrading Project aimed to improve infrastructure for 7.5 million urban residents, through improving homes, roads, canals, and bridges. Energy. Since 2000, Vietnam's annual GDP growth rate has been between 5% and 7.6%. The country's energy demand and consumption have grown in accordance.
Based on findings by the International Monetary Fund (IMF) in 2022, the unemployment rate in Vietnam was 2.3%, the nominal GDP US$406.452 billion, and a nominal GDP per capita $4,086. [12] [308] Besides the primary sector economy, tourism has contributed significantly to Vietnam's economic growth with 7.94 million foreign visitors recorded in ...
Rank Country Population in million GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP (PPP) per capita USD — ASEAN 685.567: 3,862,060
List of Vietnamese subdivisions by GDP. The article lists Vietnam 's province-level divisions by Gross regional domestic product (GRDP). Each province's GRDP is listed in both the national currency VND, and at nominal U.S. dollar values according to annual average exchange rates and according to purchasing power parity (PPP).