Vietnam GDP Growth Rate

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The Gross Domestic Product (GDP) in Vietnam expanded 5.55 percent in the second quarter of 2016. GDP Growth Rate in Vietnam averaged 6.16 percent from 2000 until 2016, reaching an all time high of 8.46 percent in the fourth quarter of 2007 and a record low of 3.14 percent in the first quarter of 2009. GDP Growth Rate in Vietnam is reported by the General Statistics Office of Vietnam. Vietnam is a developing economy in the Southeast Asia. In recent years, the nation has been rising as a leading agricultural exporter and an attractive foreign investment destination. Vietnam’s key products are: rice, cashew nuts, black pepper, coffee, tea, fishery products and rubber. Manufacturing, information technology and high-tech industries constitute a fast growing part of the economy. Vietnam is also one of the largest oil producers in the region. This page provides the latest reported value for – Vietnam GDP Growth Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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  1. Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...

  2. Tunisia GDP Annual Growth Rate The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=tunisiagdpyoy&v=201704010521t&h=300&w=600&ref=/tunisia/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/tunisia/gdp-growth-annual’>tradingeconomics.com</a> Calendar GMT Reference Actual ...

  3. Argentina GDP Annual Growth Rate The economy of Argentina shrank 2.1 percent year-on-year in the fourth quarter of 2016, following a downwardly revised 3.7 percent decline in the previous period and worse than market expectations of a 2.0 percent contraction. Slower contraction was reported for: investment (-7.7 percent vs -8.2 percent in Q3) and private spending (-2.1 percent vs -2.9 percent) while government spending declined by 2.0 percent (+0.9 percent in Q3). Meanwhile, exports rebounded 7.7 percent (-1.8 percent in Q3) and imports grew by 2.1 percent (-0.7 percent in Q3). On a quarterly basis, the economy expanded by 0.5 percent compared...

  4. Finland GDP Annual Growth Rate The Finnish gross domestic product advanced 1.3 percent year-on-year in the fourth quarter of 2016, better than a preliminary reading of 0.2 percent, and following an upwardly revised 1.9 percent growth in the previous period, final data showed. Fixed investment was the main driver of growth (8.1 percent from 4.5 percent in Q3), while household consumption increased at a slower pace (2 percent from 2.3 percent) and government spending contracted (-1.3 percent from 0.5 percent). On a quarterly basis, the economy showed no growth, compared to an upwardly revised 0.6 percent growth in the third quarter. In 2016, the economy...

  5. Vietnam GDP Annual Growth Rate Vietnam’s economy expanded an estimated 5.55 percent year-on-year in the June quarter of 2016, compared to a marginally revised 5.48 percent growth in the previous period and lower than 6.47 percent in the same quarter last year. Unfavorable weather, including drought and salination hurt agricultural output as well as the country’s exports and imports. From January to June 2016, the economy grew by an estimated 5.2 percent, following a downwardly revised 6.32 percent on the same period a year earlier. In 2015, the economy grew by 6.68 percent, the fastest expansion since 2007. For 2016, the government projected the Southeast...

  6. Iceland GDP Growth Rate The economy of Iceland expanded 2.6 percent on quarter in the last three months of 2016, slowing from a downwardly revised 4.5 percent expansion in the previous period but marking the fourth consecutive quarter of growth. Exports slowed (2.7 percent compared to 4.8 percent in Q3) and imports went up 0.7 percent, recovering from a 1.6 percent drop in Q3. In contrast, household spending rose faster (2.5 percent compared to 0.6 percent in Q3) and gross fixed capital formation also increased more (4.3 percent compared to 1.1 percent in Q3) while government consumption growth was steady at 0.4 percent. Year-on-year,...

  7. Iceland GDP Annual Growth Rate The economy of Iceland expanded 11.3 percent year-on-year in the last three months of 2016, following a downwardly revised 9.6 percent rise in the previous period. It is the highest growth rate since the last quarter of 2007, boosted by rising household spending (7.2 percent compared to 5.7 percent in Q3) while a slowdown was recorded for gross fixed capital formation (18.6 percent compared to 20.9 percent in Q3); government spending (1.7 percent compared to 1.8 percent in Q3); exports (14 percent compared to 17 percent in Q3) and imports (8.8 percent compared to 17.7 percent in Q3). Considering full...

  8. Greece GDP Growth Rate The Greek economy shrank 1.2 percent on quarter in the last three months of 2016, following a downwardly revised 0.6 percent growth in the previous period and much worse than a preliminary reading of 0.4 percent contraction. Government spending declined 2.1 percent (0.1 percent in Q3) and net external demand contributed negatively, as exports dropped 1.4 percent (9.1 percent in Q3) while imports jumped 4.5 percent (-2.8 percent in Q3). Meanwhile, household consumption rose slightly by 0.2 percent (0.6 percent in Q3) and fixed investment edged up 0.1 percent (1.8 percent in Q3). Compared with the same...

  9. Slovenia GDP Annual Growth Rate The Slovenian economy expanded 2.6 percent year-on-year in the fourth quarter of 2016, compared to a downwardly revised 2.5 percent growth in the previous period. The growth was driven by household spending (4.1 percent from 2.1 percent in Q3); government expenditure (2.8 percent from 1.7 percent) and gross fixed capital formation (0.9 percent from -2.5 percent). The net trade contributed negatively (-0.8 percent), as exports rose 4.6 percent (5.6 percent in Q3) while imports increased at a faster 6.3 percent (5 percent in Q3). Quarter-on-quarter, the GDP advanced 1.2 percent. In 2016, the economy expanded 2.5 percent, following 2.3 percent...

  10. Greece GDP Annual Growth Rate Greece’s economy contracted by an annual 1.1 percent percent in the fourth quarter of 2016 versus a previous flash estimate of 0.3 percent growth, final figures showed. In 2016, the country’s GDP shrank 0.1 percent, from an initial estimate of a 0.3 percent growth rate. GDP Annual Growth Rate in Greece averaged 0.82 percent from 1996 until 2016, reaching an all time high of 6.80 percent in the fourth quarter of 2003 and a record low of -10.20 percent in the first quarter of 2011.  Export Data  API Access Please Paste this Code in your...

  11. Denmark GDP Growth Rate The Danish economy advanced 0.5 percent on quarter in the fourth quarter of 2016, slowing from a downwardly revised 0.6 percent expansion in the previous period and higher than preliminary estimates of 0.2 percent growth. Household consumption rebounded (1.5 percent compared to -0.5 percent in Q3); exports went up 4.7 percent (0.7 percent in Q3) and imports rose 3.6 percent (3.5 percent in Q3). Meanwhile, gross fixed capital formation increased at a slower pace (0.9 percent compared to 1.4 percent in Q3). In contrast, government spending contracted 0.7 percent (0.3 percent in Q3). Year-on-year, the economy advanced...

  12. Israel GDP Growth Annualized The Israeli economy advanced an annualized 6.2 percent on quarter in the fourth quarter of 2016, following an upwardly revised 4.2 percent growth in the previous period, according to the preliminary estimates. It was the strongest expansion since the second quarter of 2013, boosted by exports and consumer spending. Exports jumped 11.2 percent (from -0.8 percent in the previous period) and imports went up 6.7 percent (from 7.1 percent). Consumer spending expanded at a faster pace (3.5 percent from 3.1 percent) while growth eased for public spending (2.3 percent from 2.4 percent) and investments (7.4 percent from 12.8 percent). On...

  13. Saudi Arabia GDP Annual Growth Rate Saudi Arabia’s GDP expanded 1.2 percent year-on-year in the last three months of 2016, higher than a 3-1/2-year low growth of 0.9 percent in previous quarter. The oil sector rose faster (4 percent compared to 3.6 percent in the previous period) and the non-oil sector recovered (0.4 percent compared to -0.7 percent in the previous quarter). GDP Annual Growth Rate in Saudi Arabia averaged 4.69 percent from 1969 until 2016, reaching an all time high of 27.49 percent in the fourth quarter of 1974 and a record low of -11.10 percent in the fourth quarter of 1982....

  14. Brunei GDP Annual Growth Rate Brunei’s economy shrank 3.6 percent year-on-year in the December quarter of 2016, the same pace as in the previous period. The contraction was mainly driven by manufacture of liquefied natural gas and methanol (-13.4 percent from -2 percent in Q3); wholesale and retail trade (-7 percent from -10.6); oil and gas mining (-3.9 percent from -4.3 percent) and construction (-1.6 percent from -6.7 percent). By contrast, output recovered for agriculture, forestry and fishery (1.6 percent from -5.1 percent) and government services (0.1 percent from -4 percent). Considering full 2016, economy contracted 2.5 percent compared with 0.4 fall...

  15. Senegal GDP Annual Growth Rate The economy of Senegal expanded 4 percent year-on-year in the fourth quarter of 2016, following a 6 percent growth in the previous period. Production rose less in services (4.6 percent from 6.2 percent in Q3), namely transport (4.1 percent from 29.5 percent), mining (22.5 percent from 24.4 percent) and fishing (12.5 percent from 15.8 percent) and manufacturing shrank 1.7 percent (3.9 percent in Q3). In contrast, output increased faster for agriculture (6.9 percent from 5.7 percent). On a quarterly basis, the GDP expanded sharply by 19.8 percent after falling by 0.3 percent in the previous quarter. Considering...

  16. Indonesia GDP Annual Growth Rate The Indonesian economy expanded by 5.18 percent year-on-year in the second quarter of 2016, as compared to a downwardly revised 4.91 percent growth in the March quarter and above market consensus of a 5 percent expansion. It was the strongest growth rate since the fourth quarter 2013, driven by a faster increase in private consumption and government spending while investment eased and exports fell at a slower pace. GDP Annual Growth Rate in Indonesia averaged 5.35 percent from 2000 until 2016, reaching an all time high of 7.16 percent in the fourth quarter of 2004 and a record low of...

  17. Finland GDP Growth Rate The Gross Domestic Product (GDP) in Finland stagnated 0 percent in the fourth quarter of 2016 over the previous quarter. GDP Growth Rate in Finland averaged 0.52 percent from 1975 until 2016, reaching an all time high of 5 percent in the third quarter of 1980 and a record low of -6.80 percent in the first quarter of 2009.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Although services account for 65 percent of Finnish economy, key sector is manufacturing, mainly wood, metals, engineering, telecommunications, and electronics industries. On the expenditure side, household consumption is...

  18. Sweden GDP Annual Growth Rate The Gross Domestic Product in Sweden expanded 2.30 percent year-on-year in the fourth quarter of 2016, slightly below a downwardly revised 2.4 percent growth in the previous period and market expectations of 2.4 percent. Considering full 2016, the economy expanded 3.3 percent. GDP Annual Growth Rate in Sweden averaged 2.66 percent from 1994 until 2016, reaching an all time high of 7.70 percent in the fourth quarter of 2010 and a record low of -6.10 percent in the first quarter of 2009.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Sweden has an economy heavily...

  19. Malaysia GDP Annual Growth Rate In the December quarter, private consumption grew by 6.2 percent year-on-year, slower than  a 6.4 percent rise in the previous quarter, supported by continued wage and employment growth. Public consumption contracted by 4.2 percent, compared to a 2.2 percent growth in the third quarter, due to rationalisation of  spending on supplies and services and a moderation in growth of spending on emoluments. Gross fixed capital formation rose 2.4 percent, faster than a 2.0 percent expansion in the preceding quarter. Private investment advanced by 4.9 percent, following a 4.7 percent rise in the third quarter, supported by continued capital spending in...

  20. Vietnam Inflation Rate Consumer prices in Vietnam rose 2.28 percent year-on-year in May of 2016, following a 1.89 percent rise April. It is the highest figure since November 2014 as cost increased for most categories. Year-on-year, prices of food was up 2.36 percent; followed by beverages, tobacco (+2.37 percent); garments (+2.31 percent); housing & construction (+ 1.67 percent), medicine (+26.80 percent), education (+4.55 percent), culture & entertainment (+1.57 percent) and other goods and services (+2.23 percent). In contrast, cost declined for: transport (-9.76 percent) and posts and telecoms (-0.58 percent). Core inflation stood at 1.87 percent from a year earlier, accelerating from 1.76...