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Viet Nam’s GDP growth hits 12-year high

VGP - Viet Nam’s economy expanded 8.02 percent in 2022, the highest growth rate recorded during the 2011-2022 period, the General Statistics Office reported Thursday.

Posts Thuy Dung

December 29, 2022 11:10 AM GMT+7
Viet Nam’s GDP in 2022 hits decade-high  - Ảnh 1.

Annual GDP growth rates from 2011 to 2022

The nation's GDP grew by 5.92 percent in the fourth quarter of the year, in comparison with 13.76 percent in the third quarter, 7.72 percent in the second quarter and 5.05 percent in the first quarter.

Over the last 12 months, the agro-forestry-fishery sector increased 3.36 percent, contributing 5.11 percent to the overall growth of the economy.

The industry and construction sector picked up 7.78 percent and the service sector rose by 9.99 percent, contributing 38.24 percent and 56.65 percent to the nation's GDP growth, respectively. 

GDP per capita in 2022 was estimated to reach US$4,110, an increase of US$393 compared to 2021./.