GDP in Vietnam

Vietnam GDP | Economic News & Forecasts

Vietnam - GDP

Inflation falls to lowest level since October in April

Consumer prices fell 1.54% from the previous month in April, below March's 0.72% drop. Looking at the details of the release, food prices increased in April. In contrast, transport prices plummeted amid low oil prices. Meanwhile, education prices were largely stable.

Inflation fell to 2.9% in April, down from March’s 4.9%. April's figure represented the lowest inflation rate since October 2019. Meanwhile, the trend was unchanged, with annual average inflation coming in at March's 3.5% in April.

Looking ahead, our panelists see inflation remaining under control due to mild growth and low fuel prices.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.5% in 2020, which is down 0.6 percentage points from last month’s forecast. For 2021, the panel projects inflation to average 3.4%.

Vietnam - GDP Data

2014   2015   2016   2017   2018  
Economic Growth (GDP, annual variation in %)6.0  6.7  6.2  6.8  7.1  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Vietnam GDP Chart


Vietnam GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: General Statistics Office of Vietnam and FocusEconomics calculations.

Vietnam Facts

Value Change Date
Bond Yield3.38-0.13 %Dec 31
Exchange Rate23,1730.01 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form