Vietnam at a glance

Vietnam

East
Asia &
Pacific

Lowermiddleincome

87.8
1,270
111.1

1,974
4,248
8,387

2,533
1,772
4,488

1.1
1.9

0.7
1.0

1.6
1.3

14
31
75
17
20
95
93
106
109
103

..
49
72
17
5
90
94
111
110
112

..
39
66
46
24
87
71
104
106
102

POVERTY and SOCIAL

2011
Population, mid-year (millions)
GNI per capita (Atlas method, US$)
GNI (Atlas method, US$ billions)

3/17/13

Development diamond*

Life expectancy

Average annual growth, 2005-11

Population (%)
Labor force (%)

GNI
per
capita

Most recent estimate (latest year available, 2005-11)

Poverty (% of population below national poverty line)
Urban population (% of total population)
Life expectancy at birth (years)
Infant mortality (per 1,000 live births)
Child malnutrition (% of children under 5)
Access to an improved water source (% of population)
Literacy (% of population age 15+)
Gross primary enrollment (% of school-age population)
Male
Female

Gross
primary
enrollment

Access to improved water source

Vietnam
Lower-middle-income group

KEY ECONOMIC RATIOS and LONG-TERM TRENDS

1991

2001

2010

2011

9.6
15.1
30.9
10.0
5.0

32.7
31.2
54.6
28.9
31.4

106.4
38.9
77.5
28.6
31.9

123.6
35.0
87.0
30.8
32.5

-2.0
0.5
243.4
6.3
..
..

2.1
1.2
38.6
6.7
..
..

-4.0
0.7
46.4
3.5
..
..

-0.5
0.8
46.8
3.2
29.1
33.9

1991-01

2001-11

2010

2011

2011-15

7.7
6.0
19.0

7.3
6.1
10.4

6.8
5.7
14.7

5.9
4.8
12.2

5.9
4.9
12.9

1991

2001

2010

2011

GDP (US$ billions)

Gross capital formation/GDP
Exports of goods and services/GDP
Gross domestic savings/GDP
Gross national savings/GDP
Current account balance/GDP
Interest payments/GDP
Total debt/GDP
Total debt service/exports
Present value of debt/GDP
Present value of debt/exports

Economic ratios*

Trade

Domestic
savings

Capital

Indebtedness
(average annual growth)
GDP
GDP per capita
Exports of goods and services

Vietnam
Lower-middle-income group

STRUCTURE of the ECONOMY

(% of GDP)
Agriculture
Industry
Manufacturing
Services

40.5
23.8
13.1
35.7

23.2
38.1
19.8
38.6

20.6
41.1
19.7
38.3

22.0
40.8
19.3
37.2

Household final consumption expenditure

General gov't final consumption expenditure
Imports of goods and services

82.0
8.1
36.0

64.8
6.3
56.9

64.9
6.5
87.8

62.7
6.5
91.2

1991-01

2001-11

2010

2011

Growth of capital and GDP (%)

30
20
10
0
-10
-20

06

07

08

09

GCF

10

11

GDP

Growth of exports and imports (%)

(average annual growth)

Agriculture
Industry
Manufacturing
Services

4.3
11.7
11.4
7.1

3.7
8.9
10.4
7.6

2.8
7.7
8.4
7.5

4.0
6.7
7.6
5.8

30

Household final consumption expenditure

General gov't final consumption expenditure
Gross capital formation
Imports of goods and services

4.9
3.2
17.2
19.5

7.5
8.2
10.8
12.0

5.3
12.3
10.4
14.1

5.0
7.2
-9.2
3.5

-10

20
10
0
06

07

08

09

10

11

-20

Exports

Imports

Note: 2011 data are preliminary estimates.

This table was produced from the Development Economics LDB database.
* The diamonds show four key indicators in the country (in bold) compared with its income-group average. If data are missing, the diamond will
be incomplete.

Vietnam
PRICES and GOVERNMENT FINANCE
1991
Domestic prices
(% change)
Consumer prices
Implicit GDP deflator

2001

2010

2011

Inflation (%)
25

81.8
72.5

-0.3
1.9

9.2
11.9

18.6
20.9

20
15
10

Government finance
(% of GDP, includes current grants)
Current revenue
Current budget balance
Overall surplus/deficit

5
0

13.5
1.3
-1.3

21.4
5.4
-2.8

25.9
5.0
-5.2

26.1
5.0
-2.6

1991

2001

2010

2011

2,087
225
581
..
2,338
82
485
714

15,029
625
3,126
7,019
16,218
3
1,828
4,949

72,191
3,248
4,958
42,199
84,801
28
5,742
25,278

96,906
3,657
7,241
55,897
106,750
51
9,878
31,506

85
96
88

93
98
95

183
144
127

219
174
126

1991

2001

2010

2011

2,491
2,377
114

17,837
17,928
-91

79,651
87,260
-7,609

105,786
109,216
-3,430

Net income
Net current transfers

-339
35

-477
1,262

-4,564
7,889

-5,099
7,920

Current account balance

-190

694

-4,284

-609

Financing items (net)

Changes in net reserves

..
..

-500
-194

3,220
1,064

1,780
-1,171

..
..
7,979.2 14,725.2

..
18,612.9

..
20,509.8

06

07

08

09

10

GDP deflator

11

CPI

TRADE
(US$ millions)
Total exports (fob)
Rice
Fuel
Manufactures
Total imports (cif)
Food
Fuel and energy
Capital goods

Export and import levels (US$ mill.)

120,000
100,000
80,000
60,000
40,000
20,000
0
05

Export price index (2000=100)

Import price index (2000=100)
Terms of trade (2000=100)

06

07

08

Exports

09

10

11

Imports

BALANCE of PAYMENTS
(US$ millions)
Exports of goods and services
Imports of goods and services
Resource balance

Current account balance to GDP (%)

0
05

06

07

08

09

10

11

-5

-10

Memo:
Reserves including gold (US$ millions)
Conversion rate (DEC, local/US$)

-15

EXTERNAL DEBT and RESOURCE FLOWS

1991

2001

2010

2011

23,395
0
58

12,617
0
1,344

49,343
700
7,010

57,841
794
7,951

Total debt service

IBRD
IDA

160
0
1

1,219
0
10

2,795
5
99

3,396
6
121

Composition of net resource flows

Official grants
Official creditors
Private creditors
Foreign direct investment (net inflows)
Portfolio equity (net inflows)

126
-44
50
375
0

264
992
-593
1,300
0

656
2,930
1,966
8,000
2,383

..
3,143
1,210
7,430
1,064

0
0
1
-1
0
-1

739
278
2
277
8
268

1,264
1,553
52
1,501
52
1,449

1,684
1,144
62
1,082
65
1,017

(US$ millions)
Total debt outstanding and disbursed
IBRD
IDA

World Bank program

Commitments
Disbursements
Principal repayments
Net flows
Interest payments
Net transfers

Composition of 2011 debt (US$ mill.)

A: 794
G: 9,964

B: 7,951
C: 496
D: 5,629

F: 16,350

E: 16,657

Note: This table was produced from the Development Economics LDB database.

A - IBRD
B - IDA
C - IMF

D - Other multilateral

E - Bilateral
F - Private
G - Short-term

3/17/13