Fighting erupted between the two governments shortly afterwards with the North supporting communist rebels in the South and eventually committing thousands of combat troops, while the US provided large amounts of economic and military assistance, including combat forces, to the South. Whereas its GDP per capita was barely $230 in 1985, it was more than ten times that in 2017 ($2,343). ), household consumption: 66.9% (2017 est. Vietnam became part of French Indochina in 1887. The cash flow via the banks located in Mng Ci was VND180,469 billion (US$11 billion). Vietnam gdp for 2020 was $346.62B, a 3.66% increase from 2019. )subscriptions per 100 inhabitants: 3 (2020 est. #vietnam #gdpgrowth #southeastasia #economicgrowth #ASEAN. ", IMF, Vietnam: Gross domestic product (GDP) per capita in current prices from 1987 to 2027* (in U.S. dollars) Statista, https://www.statista.com/statistics/444743/gross-domestic-product-gdp-per-capita-in-vietnam/ (last visited March 04, 2023), Vietnam: Gross domestic product (GDP) per capita in current prices from 1987 to 2027* (in U.S. dollars) [Graph], IMF, October 12, 2022. US forces were withdrawn following a cease-fire agreement in 1973. Breakdown of gross domestic product (GDP) in Vietnam in 2021, by province [Graph]. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information [1] )proven reserves: 699.425 billion cubic meters (2021 est. Are you interested in testing our business solutions? Vietnam gnp for 2020 was $333.83B, a 4.48% increase from 2019. Available: https://www.statista.com/statistics/1326834/vietnam-gdp-contribution-by-province/, Breakdown of gross domestic product (GDP) in Vietnam in 2021, by province, Share of the urban population in Vietnam 2018-2021, Most populated municipalities in Vietnam 2021, Infant mortality rate Vietnam 2021, by urbanization level, Sex ratio at birth among urban and rural population in Vietnam 2010-2021, Sex ratio among urban and rural population in Vietnam 2010-2021, Poverty rate in in urban and rural areas Vietnam 2016-2021, Households with clean water access in urban and rural Vietnam 2010-2021, Households with electricity access in urban and rural Vietnam 2010-2021, House ownership among urban households Vietnam 2020, by house type, GDP contribution Vietnam 2021, by province, GRDP growth rate of centrally-controlled cities Vietnam 2021, Provincial competitiveness index (PCI) rank of Ha Noi Vietnam 2010-2021, HCMC's provincial competitiveness index (PCI) rank Vietnam 2010-2021, Average rent price of office property in Ha Noi and Ho Chi Minh City Vietnam Q2 2022, Average prime retail rent in Ha Noi and Ho Chi Minh City in Vietnam Q2 2022, Average apartment price in Ha Noi and Ho Chi Minh City in Vietnam Q2 2022, Major urban cities' population density in Vietnam 2021, Ho Chi Minh City's population density 2011-2021, Urban versus rural monthly average income per capita in Vietnam 2010-2021, Monthly average income per capita in five urban cities Vietnam 2021, Monthly average income per capita in Ha Noi Vietnam 2010-2021, Monthly average income per capita in Hai Phong Vietnam 2010-2021, Monthly average income per capita in Da Nang Vietnam 2010-2021, Monthly average income per capita in Can Tho Vietnam 2010-2021, Annual in-home FMCG value growth in urban areas Vietnam 2012-2021, Most chosen food brands in urban areas Vietnam 2021, by penetration rate, Most chosen beverages brands in urban areas Vietnam 2021, by penetration rate, Most chosen dairy brands in urban areas Vietnam 2021, by penetration rate, Most chosen home care brands in rural areas Vietnam 2021, by penetration rate, Most chosen health and beauty brands in urban areas Vietnam 2021, by penetration rate, Forecast on the GDP growth in selected world regions until 2027, Gross domestic product (GDP) per capita in selected global regions 2021, Gross domestic product (GDP) of selected global regions 2021, Share of economic sectors in the gross domestic product, by global regions 2021, Gross domestic product (GDP) growth in selected world regions until 2023, Gross domestic product (GDP) per capita in the French overseas regions 2000-2020, Gross domestic product (GDP) of the French overseas regions 2000-2020, GDP per inhabitant in current prices in Poland 2019-2021, by regions, Great Recession: GDP growth in less affected regions 2007-2011, Greater Boston metro area - GDP 2001-2021, Dallas-Fort Worth metro area - GDP 2001-2021, Greater Houston metro area - GDP 2001-2021, Coronavirus (COVID-19) pandemic in Vietnam, Find your information in our database containing over 20,000 reports. 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. "Breakdown of gross domestic product (GDP) in Vietnam in 2021, by province." )imports: 55 million metric tons (2020 est. If you continue to navigate this website beyond this page, cookies will be placed on your browser. If you are an admin, please authenticate by logging in again. 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). Use Ask Statista Research Service. Ancient Vietnam was centered on the Red River Valley and was under Han Chinese rule until approximately the 10 th century. Provincial governments are subordinates to the central government. Per capita income in Vietnam has gone from Learn more about how Statista can support your business. An annual GDP growth rate of 10.8 percent from 2006 to 2010; An average per capita income of US$1,662 (significantly higher than the . )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. The People's Council appoints a People's Committee, which acts as the executive arm of the provincial governance. Vietnam aims to achieve a gross domestic product (GDP) of US$7,500 per capita while meeting all the criteria of an industrialized country by 2030, as part of its aspiration to become a high-income developed country and one of the leading industrialized countries in Asia by 2045. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. )wine: 0.02 liters of pure alcohol (2019 est. ), definition: age 15 and over can read and writetotal population: 95.8%male: 97%female: 94.6% (2019), total: 7.2%male: 7.1%female: 7.5% (2021 est. (approximately $11.2 billion)2.3% of GDP (2018 est.) State budget allocation to provinces relies on a national cost norm per capita using cost estimates based on inputs including personnel, supplies and equipment, training and research, . ), total: 14.42 deaths/1,000 live birthsmale: 14.76 deaths/1,000 live birthsfemale: 14.05 deaths/1,000 live births (2023 est. Vietnam's economic freedom score is 61.8, making its economy the 72nd freest in the 2023 Index. The People's Council is headed by a Chairman (Ch tch) and a Vice Chairman (Ph Ch tch). Currently, you are using a shared account. )2.39% (2020 est. Anh Phuong Vu Suche erweitern. )beer: 3.18 liters of pure alcohol (2019 est. [Online]. Browse by Country or Indicator. This growth means that the country essentially eliminated extreme poverty. ), forest revenues: 1.49% of GDP (2018 est. According to the census results of January 2023, the population of Vietnam is 96,994,000 people. Two years later, North Vietnamese forces overran the South reuniting the country under communist rule. Number on map Administrative center Area (in km 2) Population Density (/km 2) % Urban HDI (2012) GDP per capita (2011 PPP US$) Region Bc Giang province: 20 Bc Giang: 1,824,000 : 463 11.4 0.711 Northeast: Bc Kn province . FDI Inflow: Public Debt: 39.7%. The total income per month includes the salary, the income from agriculture, forestry, aquaculture and non-agriculture, non-forestry, non-aquaculture and from other income. 2021 GDP per capita (PHP) 2021 GDP per capita (USD, nominal) 2021 GDP per capita (USD, PPP) % of national average 1 National Capital Region: 440,906 8,947 22,984 254.6 2 Northern Mindanao: 187,057 3,796 9,751 104.1 3 Davao Region: 180,075 3,654 9,387 101.9 4 Cordillera Administrative Region: 177,598 3,604 9,258 98.1 5 Calabarzon: 170,276 3,455 . kingdom and "nam" refers to its location in relation to other Viet kingdoms, name: Hanoi (Ha Noi)geographic coordinates: 21 02 N, 105 51 Etime difference: UTC+7 (12 hours ahead of Washington, DC, during Standard Time)etymology: the city has had many names in its history going back to A.D. 1010 when it first became the capital of imperial Vietnam; in 1831, it received its current name of Ha Noi, meaning "between the rivers," which refers to its geographic location, 58 provinces (tinh, singular and plural) and 5 municipalities (thanh pho, singular and plural), provinces: An Giang, Bac Giang, Bac Kan, Bac Lieu, Bac Ninh, Ba Ria-Vung Tau, Ben Tre, Binh Dinh, Binh Duong, Binh Phuoc, Binh Thuan, Ca Mau, Cao Bang, Dak Lak, Dak Nong, Dien Bien, Dong Nai, Dong Thap, Gia Lai, Ha Giang, Ha Nam, Ha Tinh, Hai Duong, Hau Giang, Hoa Binh, Hung Yen, Khanh Hoa, Kien Giang, Kon Tum, Lai Chau, Lam Dong, Lang Son, Lao Cai, Long An, Nam Dinh, Nghe An, Ninh Binh, Ninh Thuan, Phu Tho, Phu Yen, Quang Binh, Quang Nam, Quang Ngai, Quang Ninh, Quang Tri, Soc Trang, Son La, Tay Ninh, Thai Binh, Thai Nguyen, Thanh Hoa, Thua Thien-Hue, Tien Giang, Tra Vinh, Tuyen Quang, Vinh Long, Vinh Phuc, Yen Bai, municipalities: Can Tho, Da Nang, Ha Noi (Hanoi), Hai Phong, Ho Chi Minh City (Saigon), Independence Day (National Day), 2 September (1945), history: several previous; latest adopted 28 November 2013, effective 1 January 2014amendments: proposed by the president, by the National Assemblys Standing Committee, or by at least two thirds of the National Assembly membership; a decision to draft an amendment requires approval by at least a two-thirds majority vote of the Assembly membership, followed by the formation of a constitutional drafting committee to write a draft and collect citizens opinions; passage requires at least two-thirds majority of the Assembly membership; the Assembly can opt to conduct a referendum, civil law system; note - the civil code of 2005 reflects a European-style civil law, has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt, citizenship by birth: nocitizenship by descent only: at least one parent must be a citizen of Vietnamdual citizenship recognized: noresidency requirement for naturalization: 5 years, chief of state: Interim President Vo Thi Anh XUAN (President Nguyen Xuan PHUC resigned on 17 January 2023)head of government: Prime Minister Pham Minh CHINH (since 26 July 2021)cabinet: Cabinet proposed by prime minister confirmed by the National Assembly and appointed by the presidentelections/appointments: president indirectly elected by National Assembly from among its members for a single 5-year term; prime minister recommended by the president and confirmed by National Assembly; deputy prime ministers confirmed by the National Assembly and appointed by the presidentelection results: 2021: Nguyen Xuan PHUC (CPV) elected president; Pham Minh CHINH (CPV) confirmed as prime minister2018: NGUYEN Phu TRONG (CPV) elected as president2016: NGUYEN Xuan PHUC (CPV) confirmed as prime ministernote: Nguyen Phu TRONG is the General Secretary of the Vietnam Communist Party, description: unicameral National Assembly or Quoc Hoi (500 seats - number following 2021 election - 499; members directly elected in multi-seat constituencies by absolute majority vote; members serve 5-year terms)elections: last held on 23 May 2021 (next to be held in spring 2026)election results: percent of vote in 2016 election by party -CPV 95.8%, non-party members 4.2%; seats by party - CPV 474, non-party CPV-approved 20, self-nominated 2; note - 494 candidates elected, 2 CPV candidates-elect were disqualified; composition - men 364, women 122, percent of women 26.6%, highest court(s): Supreme People's Court (consists of the chief justice and 13 judges)judge selection and term of office: chief justice elected by the National Assembly upon the recommendation of the president for a 5-year, renewable term; deputy chief justice appointed by the president from among the judges for a 5-year term; judges appointed by the president and confirmed by the National Assembly for 5-year termssubordinate courts: High Courts (administrative, civil, criminal, economic, labor, family, juvenile); provincial courts; district courts; Military Court; note - the National Assembly Standing Committee can establish special tribunals upon the recommendation of the chief justice, Communist Party of Vietnam or CPV [General Secretary Nguyen Phu TRONG]note: other parties proscribed, ADB, APEC, ARF, ASEAN, CICA, CP, EAS, FAO, G-77, IAEA, IBRD, ICAO, ICC (NGOs), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, MIGA, NAM, OIF, OPCW, PCA, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, chief of mission: Ambassador Nguyen Quoc DUNG (since 19 April 2022)chancery: 1233 20th Street NW, Suite 400, Washington, DC 20036telephone: [1] (202) 861-0737FAX: [1] (202) 861-0917email address and website: vanphong@vietnamembassy.ushttp://vietnamembassy-usa.org/consulate(s) general: Houston, San Franciscoconsulate(s): New York, chief of mission: Ambassador Marc KNAPPER (since 11 February 2022)embassy: 7 Lang Ha Street, Hanoimailing address: 4550 Hanoi Place, Washington, DC 20521-4550telephone: [84] (24) 3850-5000FAX: [84] (24) 3850-5010email address and website: ACShanoi@state.govhttps://vn.usembassy.gov/consulate(s) general: Ho Chi Minh City, red field with a large yellow five-pointed star in the center; red symbolizes revolution and blood, the five-pointed star represents the five elements of the populace - peasants, workers, intellectuals, traders, and soldiers - that unite to build socialism, yellow, five-pointed star on red field; lotus blossom; national colors: red, yellow, name: "Tien quan ca" (The Song of the Marching Troops)lyrics/music: Nguyen Van CAOnote: adopted as the national anthem of the Democratic Republic of Vietnam in 1945; it became the national anthem of the unified Socialist Republic of Vietnam in 1976; although it consists of two verses, only the first is used as the official anthem, total World Heritage Sites: 8 (5 cultural, 2 natural, 1 mixed)selected World Heritage Site locales: Complex of Hu Monuments (c); Ha Long Bay (n); Hoi An Ancient Town (c); My Son Sanctuary (c); Phong Nha-Ke Bang National Park (n); Imperial Citadel of Thang Long - Hanoi (c); Citadel of the Ho Dynasty (c); Trang An Landscape Complex (m), lower middle-income socialist East Asian economy; rapid economic growth since i Mi reforms; strong investment and productivity growth; tourism and manufacturing hub; TPP signatory; declining poverty aside from ethnic minorities; systemic corruption, $1.036 trillion (2021 est.
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