Income Per Capita Vietnam 2018

The total income per month includes the salary the income from agriculture forestry aquaculture and non agriculture non forestry non aquaculture and from other income.

Income per capita vietnam 2018. Vietnam gni per capita for 2018 was 2 360 a 11 32 increase from 2017. The economy of vietnam is a socialist oriented market economy which is the 36th largest in the world as measured by nominal gross domestic product gdp and 23rd largest in the world as measured by purchasing power parity ppp. Vietnam is a member of asia pacific economic cooperation association of southeast asian nations and the world trade organization. Learn how the world bank group is helping countries with covid 19 coronavirus.

The data reached an all time high of 2 235 955 usd in dec 2019 and a record low of 183 956 usd in dec 1994. Vietnam gni per capita for 2019 was 2 540 a 7 63 increase from 2018. Try our corporate solution for free. The income unit is in thousands vnd.

Gdp per capita ppp constant 2017 international inflation gdp deflator annual oil rents of gdp download. Gdp per capita in vietnam averaged 928 61 usd from 1984 until 2018 reaching an all time high of 1964 50 usd in 2018 and a record low of 377 50 usd in 1984. Wage and salary in vietnam are very dissimilar across occupations and contrast starkly between urban and rural areas. In 2018 the monthly average income per capita for the income group five was about 9 32 million vietnamese dong.

The data provide the information on per capita in come by province in 2018 in vietnam. Vietnam s annual household income per capita reached 2 235 955 usd in dec 2019 compared with the previous value of 2 056 802 usd in dec 2018. Gdp per capita current us vietnam from the world bank. Like many other economies in the world the type of jobs firstly divides the salary level in vietnam.

Between 2002 and 2018 gdp per capita increased by 2 7 times reaching over us 2 700 in 2019 and more than 45 million people were lifted out. Economic and political reforms under đổi mới launched in 1986 have spurred rapid economic growth transforming what was then one of the world s poorest nations into a lower middle income country. Vietnam s annual household income per capita data is updated yearly available from dec 1994 to dec 2019 with an averaged value of 605 240 usd. The average wage per person in vietnam is around 3 2 million vnd 150 a month and differentiated by many factors.

The gross domestic product per capita in vietnam was last recorded at 1964 50 us dollars in 2018. The gdp per capita in vietnam is equivalent to 16 percent of the world s average. Vietnam s economy is valued at vnd5 007 9 trillion in 2017 in accordance with the current price and the gdp per capita is vnd53 5 million or 2 385 an increase of 170 compared with 2016.