Viet Nam

VNM Β· East Asia and Pacific / East Asia and Pacific (excluding high income)

Location

Key Facts

Region
East Asia & Pacific
East Asia & Pacific (excluding high income)

Population & Demographics

Basic Demographics

Population growth (annual %)
0.63%
2024
Population density (people per sq. km of land area)
320.2 per kmΒ²
2023
Urban population (% of total population)
40.20%
2024

Health Indicators

Life expectancy at birth, total (years)
74.6 years
2023
Birth rate, crude (per 1,000 people)
13.83 per 1,000
2023
Death rate, crude (per 1,000 people)
6.58 per 1,000
2023
Fertility rate, total (births per woman)
1.91 children
2023
Mortality rate, infant (per 1,000 live births)
14.00 per 1,000
2023

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
0.1%
2023
Literacy rate, adult total (% of people ages 15 and above)
96.13%
2022

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$4.7K
2024
Inflation, consumer prices (annual %)
3.6%
2024
Unemployment, total (% of labor force)
1.4%
2024
GNI per capita (current US$)
$4.5K
2024

Macroeconomic Indicators

GDP per capita, PPP (current international $)
16.4K intl$
2024

Trade & External Sector

Trade (% of GDP)
164.8%
2023
Exports of goods and services (% of GDP)
86.5%
2023
Imports of goods and services (% of GDP)
78.4%
2023

Other Indicators

International tourism, number of arrivals
1.78M
1999
Corruption Perceptions Index (Transparency International)
41.0
2024
Foreign direct investment, net inflows (% of GDP)
4.2%
2024

Cost of Living

Cost of Living Index
38.0
Est. monthly: $1,330
Rent Index
18.0
Est. rent: $504/mo
Purchasing Power
48.0
(Higher is better)

Explore More

Frequently Asked Questions

What is the average income in Viet Nam?

According to our data, the average income in Viet Nam is approximately $4,490 (GNI per capita) as of 2024. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Viet Nam in 2024?

The inflation rate in Viet Nam is 3.6% as of 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Viet Nam compare to other countries in East Asia and Pacific?

Viet Nam is located in East Asia and Pacific and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Viet Nam compares to neighboring and regional countries.

Viet Nam is located in East Asia and Pacific, East Asia and Pacific (excluding high income). Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Viet Nam's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Viet Nam's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Nearby Countries

Compare Viet Nam with Other Countries