Vietnam GDP Growth Rate (2026)
Vietnam is one of Asia’s rapidly developing economies, supported by manufacturing, exports, foreign investment, services, and domestic consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+7.1%
Annual real GDP growth
World Rank
#7
Out of 195 countries
Change vs 2025
-0.9 pp
2025: +8.0%
Asia Rank
#2
Out of 49 countries
1. Vietnam GDP Growth Rate in 2026
Vietnamese economic growth is supported by export manufacturing, foreign direct investment, infrastructure, consumer demand, and expanding services. Global electronics demand and international trade conditions remain particularly important.
2. Vietnam GDP Growth Rate Trends (1980–2026)
Vietnam’s growth history reflects rapid industrialization, economic reform, rising exports, and increasing integration into global supply chains. Foreign investment has been a major driver of manufacturing expansion.
3. Vietnam GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +7.1% | -0.9 pp |
| 2025 | +8.0% | +1.0 pp |
| 2024 | +7.0% | +1.9 pp |
| 2023 | +5.1% | -3.4 pp |
| 2022 | +8.5% | +5.9 pp |
| 2021 | +2.6% | -0.3 pp |
| 2020 | +2.9% | -4.5 pp |
| 2019 | +7.4% | -0.1 pp |
| 2018 | +7.5% | +0.6 pp |
| 2017 | +6.9% | +0.2 pp |
| 2016 | +6.7% | -0.3 pp |
| 2015 | +7.0% | +0.6 pp |
| 2014 | +6.4% | +0.8 pp |
| 2013 | +5.6% | +0.1 pp |
| 2012 | +5.5% | -0.9 pp |
| 2011 | +6.4% | 0.0 pp |
| 2010 | +6.4% | +1.0 pp |
| 2009 | +5.4% | -0.3 pp |
| 2008 | +5.7% | -1.4 pp |
| 2007 | +7.1% | +0.1 pp |
| 2006 | +7.0% | -0.5 pp |
| 2005 | +7.5% | -0.3 pp |
| 2004 | +7.8% | +0.5 pp |
| 2003 | +7.3% | +0.2 pp |
| 2002 | +7.1% | +0.2 pp |
| 2001 | +6.9% | +0.1 pp |
| 2000 | +6.8% | +2.0 pp |
| 1999 | +4.8% | -1.0 pp |
| 1998 | +5.8% | -2.4 pp |
| 1997 | +8.2% | -1.1 pp |
| 1996 | +9.3% | -0.2 pp |
| 1995 | +9.5% | +0.7 pp |
| 1994 | +8.8% | +0.7 pp |
| 1993 | +8.1% | -0.6 pp |
| 1992 | +8.7% | +2.9 pp |
| 1991 | +5.8% | +0.8 pp |
| 1990 | +5.0% | -2.8 pp |
| 1989 | +7.8% | +2.7 pp |
| 1988 | +5.1% | +2.6 pp |
| 1987 | +2.5% | -0.9 pp |
| 1986 | +3.4% | -2.2 pp |
| 1985 | +5.6% | -2.8 pp |
| 1984 | +8.4% | +1.3 pp |
| 1983 | +7.1% | -1.1 pp |
| 1982 | +8.2% | +2.4 pp |
| 1981 | +5.8% | +9.3 pp |
| 1980 | -3.5% | — |
4. Vietnam GDP Growth Performance
Current Growth Rate
+7.1%
(2026 to 2026)
5-Year Average
+7.1%
(2022 to 2026)
10-Year Average
+6.3%
(2017 to 2026)
20-Year Average
+6.3%
(2007 to 2026)
Vietnam continues to benefit from strong manufacturing investment, competitive labor costs, and diversification of global supply chains. Infrastructure development and domestic consumption are also supporting broader economic activity.
5. Vietnam GDP Growth Rate vs Asia and World
Vietnam
+7.1%
Asia Average
+2.4%
World Average
+2.8%
0.0%
3.6%
7.1%
Annual real GDP growth (%)
Vietnam’s GDP growth rate is approximately
4.7 pp
above the
Asia average
and
4.3 pp
above the world average.
6. Vietnam GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #1 | Bhutan | +7.5% |
| #2 | Vietnam | +7.1% |
| #3 | India | +6.5% |
| #4 | Uzbekistan | +6.5% |
| #5 | Kyrgyzstan | +6.1% |
| #6 | Tajikistan | +6.0% |
| #7 | Georgia | +5.3% |
| #8 | Armenia | +5.3% |
| #9 | Mongolia | +5.3% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Vietnam
Vietnam GDP (Nominal)
$527.3 Billion
(2026)
Vietnam GDP Growth Rate
+7.1%
(2026)
Vietnam generally grows faster than most advanced economies and many regional peers. Its role as a major manufacturing destination gives it strong growth potential but also creates exposure to global trade cycles.
Explore more:
Vietnam GDP
9. Vietnam GDP Growth Rate Forecast
The outlook remains supported by foreign investment, manufacturing, exports, infrastructure, and domestic consumption. Global demand, financial stability, and trade tensions remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +6.7% | -0.4 pp |
| 2028 | +6.2% | -0.5 pp |
| 2029 | +5.6% | -0.6 pp |
| 2030 | +5.4% | -0.2 pp |
10. Vietnam GDP Growth Rate: Key Findings
Vietnam GDP growth rate is estimated at +7.1% in 2026.
It ranks #7 globally and #2 in Asia by annual GDP growth rate.
The growth rate slowed by 0.9 percentage points compared with 2025.
The 5-year average GDP growth rate is +7.1%.
The 10-year average GDP growth rate is +6.3%.
The current rate is 4.7 percentage points above the Asia average.
The current rate is 4.3 percentage points above the world average.
The forecast GDP growth rate is +5.4% in 2030, 1.7 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Vietnam GDP Growth Rate FAQs
Vietnam GDP growth rate is estimated at +7.1% in 2026.
Vietnam ranks #7 globally and #2 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +7.1% in 2026.
Vietnam GDP growth rate was +7.0% in 2015.
Vietnam GDP growth rate is 4.7 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.