Viet Nam: Economy | Asian Development Bank

Viet Nam: Economy

Economic growth in 2017 is now expected to come in at 6.3%, marginally lower than forecast in the Asian Development Outlook 2017. GDP expanded at 5.7% in the first half of 2017, marginally higher than in the first half of 2016. Inflation is projected slightly higher than foreseen in April, and the current account surplus is likely to shrink faster than earlier envisaged. Read more from Asian Development Outlook 2017 Update

Note: GDP growth rate forecasts for 2017 and 2018.


Economic forecasts for Southeast Asian countries

Country 2017f 2018f
Brunei Darussalam -5.4 2.2
Cambodia 5.5 5.7
Indonesia 3.2 4.2
Lao People’s Democratic Republic 5.4 5.5
Malaysia 2.6 2.6
Myanmar 7.5 7.9
Philippines 4.7 4.9
Singapore 0.9 1.0
Thailand 3.0 3.1
Viet Nam 5.5 5.7
Average 3.3 3.8
Country 2017f 2018f
Brunei Darussalam –0.3 0.1
Cambodia 3.0 3.2
Indonesia 4.0 3.7
Lao People’s Democratic Republic 1.5 1.5
Malaysia 3.7 2.7
Myanmar 7.0 7.5
Philippines 3.2 3.5
Singapore 1.0 1.5
Thailand 0.7 1.5
Viet Nam 4.5 5.5
Average 3.1 3.1
Country 2017f 2018f
Brunei Darussalam 6.0 6.5
Cambodia –9.7 –9.3
Indonesia –1.7 –2.0
Lao People’s Democratic Republic –17.5 –19.0
Malaysia 2.4 2.4
Myanmar –8.0 –8.0
Philippines 0.2 0.5
Singapore 19.5 19.8
Thailand 8.5 6.5
Viet Nam 1.0 2.0
Average 3.0 2.8
Country 2015
Brunei Darussalam 3,8010
Cambodia 1,070
Indonesia 3,440
Lao People’s Democratic Republic 1,740
Malaysia 10,570
Myanmar 1,160
Philippines 3,550
Singapore 52,090
Thailand 5,720
Viet Nam 1,990

f = forecast number.

Sources:
Asian Development Outlook 2017
Asian Development Outlook 2017 Update