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Viet Nam among 20 countries with highest rate of economic growth

VGP - Viet Nam was ranked 12th out of 20 countries with the highest rate of economic growth over the past 10 years, according to Yahoo!Finance.

December 20, 2023 8:20 PM GMT+7
Viet Nam among 20 countries with highest rate of economic growth- Ảnh 1.

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The Southeast Asian country maintained an average real GDP growth rate of 6.1 percent in the last decade. The agricultural sector highly supports the economy by contributing to the GDP as well as employment.

The country's agro-forestry-fishery exports reached US$53.22 billion for the first time in 2022, up 9.3 percent against 2021. As a result, the sector ran a trade surplus of US$8.5 billion, accounting for over 75 percent of the nation's total trade surplus.

Remarkablly, coffee, rubber, rice, vegetables and fruits, shrimp, catfish and furniture were among the top export products with export turnover of more than US$2 billion each.

Top five countries with the highest economic growth rates in 10 years is Guyana (nearly 15 percent), Ireland (over 9 percent), Ethiopia (8.43 percent), Tajikistan (over 7 percent), and Côte d’Ivoire (over 6.8 percent)./.