China with a GDP of $13.6T ranked the 2nd largest economy in the world, while Taiwan ranked 21st with $585.8B. Italy is the only member forecast to fall sharply down the rankings, to 35th place from 21st. Vietnam is ranked 18th among 39 countries in the . This page provides - Vietnam GDP per capita - actual . PPP takes into account the relative cost of living, rather than using only exchange rates . Aruba (Int. GDP and GDP per capita data are according to International Monetary Fund's October 2019 estimates. Vietnam among Asia-Pacific economies with fastest per-capita GDP rise ... Often, rich nations with smaller populations tend to have higher per capita GDP. Gross Domestic Product (PPP) in 2017: * China: 23 000 billion (ranked 1st). Vietnam's GDP Is Just 11 Years Behind China, And Growing Rapidly Binh Duong overtakes major cities, tops per capita income Absolute annual change in primary energy consumption. Currency: Viet Nam Dong (VND) 5; Gross Domestic Product (GDP) (2019): 6; GDP per capita (2019): 62.6 million VND 6; Introduction. In the final phase, by 2045, Vietnam will achieve developed country status with a per capita income of more than USD 12,000. Female workers are seen at a bakery. As of 2007, its agricultural GDP per capita was 7.03 million VND, the highest in Vietnam, while industrial GDP per capita was only 1.7 million VND, making it one of the least industrialized provinces in the southern half of Vietnam. A PWC's report (2017) indicated that, in the next three decades, Vietnam will be the country with the highest economic growth (GDP per capita) in the world, registering an average of 5.1% annually. List of Vietnamese subdivisions by GDP - Wikipedia 58 provinces (tinh, singular and plural) and 5 municipalities (thanh pho, singular and plural) . Vietnam | Economic Indicators | Moody's Analytics Close. Vietnam GDP Per Capita 1985-2022 | MacroTrends This current paper identifies trends and patterns of inequality in provincial GDP per capita of each sub-group of provinces in Vietnam during the period 1990-2011. . China to overtake 56 nations by 2025 in per capita income surge Vietnam's economic freedom score is 60.6, making its economy the 84th freest in the 2022 Index. Selected Countries and Economies. GDP per capita, PPP (current international $) - Vietnam | Data Once you do the math, the wealth is spread among fewer people, which raises a country's GDP. Vietnam's economic freedom score is 60.6, making its economy the 84th freest in the 2022 Index. Vietnam Maps & Facts - World Atlas World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Per capita income, $220 in 1994, rose to $726 in 2006 with a related reduction in the share of the population living in acute poverty. Statistical data - General Statistics Office of Vietnam