Vietnam GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

7.96

Units In

6.93

Frequency

Quarterly

Next Release

Oct 06, 2025

Time to Release

19 Days 19 Hours

Highest	Lowest	Average	Date Range	Source
13.71 Sep 2022	-6.02 Sep 2021	6.26 %	2000-2025	General Statistics Office of Vietnam

In Vietnam, industry and construction constitute the biggest sector of the economy (41 percent of total GDP). Yet, in the past six years the growth in services outpaced significantly all other sectors, and today services account for 37 percent of GDP. Finally, agriculture, forestry and fishing represent 22 percent of total output.

Latest Updates

Vietnam’s economic growth is expected to slow to 6.5% this year, down from 7.09% in 2024, due to the impact of U.S. tariffs, the International Monetary Fund said Tuesday. The multilateral lender warned that “downside risks are high,” citing the unwinding of temporary government stimulus and potential fallout from escalating global trade tensions or tighter financial conditions. Such developments, the IMF noted, could further dampen exports and investment. The outlook suggests continued pressure on Vietnam’s export-driven economy amid shifting global trade dynamics and policy headwinds. In Q2, Vietnam’s GDP grew robustly by 7.96% yoy, accelerating from a 6.93% rise in Q1 and marking the fastest pace since Q3 2022, with all major sectors like services, industry, and agriculture all posting stronger expansion.