Vietnam GDP Annual Growth Rate

Last Release

Sep 30, 2025

Actual

8.23

Units In

7.96

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
13.71 Sep 2022	-6.02 Sep 2021	6.28 %	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 GDP expanded 8.23% yoy in Q3 2025, quickening from an upwardly revised 8.19% rise in the previous period and marking the fastest pace since Q3 2022. Growth was broad-based, with all sectors advancing further, including industry and construction (9.46% vs 8.82% in Q2), services (8.56% vs 9.06%), and agriculture (3.74% vs 3.95%). Meanwhile, trade remained resilient despite a 20% U.S. tariff imposed in early August, with Q3 goods exports and imports each surging 18.4% and 20.2%. On the expenditure side, final consumption gained 7.79% yoy, while fixed investment rose 8.97%. Prime Minister Pham Minh Chinh recently projected exports to climb over 12% this year, citing optimism around ongoing U.S. trade negotiations. However, a UN report warned the tariffs could slash up to 20% of Vietnam’s U.S.-bound exports, potentially making it the hardest-hit Southeast Asian economy. For the first nine months of the year, the country's GDP grew by 7.85%, the strongest performance since 2011.