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Country Report Vietnam March 2011
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HTMLData and charts: Annual data and forecast
| 2006a | 2007a | 2008a | 2009a | 2010b | 2011c | 2012c | |
| GDP | |||||||
| Nominal GDP (US$ bn) | 61.0 | 71.1 | 90.3 | 93.2 | 103.7a | 104.5 | 110.2 |
| Nominal GDP (D trn) | 974.3 | 1,143.7 | 1,485.0 | 1,658.4 | 1,984.4a | 2,219.0 | 2,478.2 |
| Real GDP growth (%) | 8.2 | 8.5 | 6.3 | 5.3 | 6.8a | 7.0 | 7.1 |
| Expenditure on GDP (% real change) | |||||||
| Private consumption | 8.3 | 10.8 | 9.3 | 3.7 | 7.0 | 3.8 | 6.5 |
| Government consumption | 8.5 | 8.9 | 7.5 | 7.6 | 8.0 | 7.8 | 7.8 |
| Gross fixed investment | 9.9 | 24.2 | 3.8 | 8.7 | 8.5 | 8.0 | 8.0 |
| Exports of goods & services | 17.7b | 16.0b | 15.1b | -6.0b | 15.0 | 12.9 | 13.1 |
| Imports of goods & services | 18.9b | 28.2b | 15.4b | -6.3b | 17.2 | 10.3 | 10.0 |
| Origin of GDP (% real change) | |||||||
| Agriculture | 3.4 | 3.7 | 4.4 | 2.4 | 2.8a | 3.5 | 3.4 |
| Industry | 10.4 | 10.6 | 5.7 | 5.4 | 7.7a | 7.0 | 8.0 |
| Services | 8.3 | 8.7 | 7.3 | 6.8 | 7.5a | 8.4 | 7.7 |
| Population and income | |||||||
| Population (m) | 84.4b | 85.3b | 86.1b | 87.0b | 87.8 | 88.7 | 89.5 |
| GDP per head (US$ at PPP) | 2,358b | 2,606b | 2,803b | 2,950b | 3,138 | 3,378 | 3,667 |
| Recorded unemployment (av; %) | 4.8 | 4.6 | 4.7 | 4.6 | 4.4a | 4.1 | 4.1 |
| Fiscal indicators (% of GDP) | |||||||
| Central government balance | -2.9 | -7.3 | -5.2 | -6.2b | -5.9 | -5.5 | -5.3 |
| Net public debt | 42.9b | 45.6b | 43.9b | 49.0b | 56.6 | 58.4 | 58.6 |
| Prices and financial indicators | |||||||
| Exchange rate D:US$ (end-period) | 16,055 | 16,010 | 17,433 | 18,472 | 19,498a | 21,861 | 22,700 |
| Exchange rate D:€ (end-period) | 21,188 | 23,379 | 24,234 | 26,474 | 26,302a | 26,451 | 27,012 |
| Consumer prices (end-period; %) | 6.6 | 12.6 | 20.0 | 6.5 | 11.8a | 12.6 | 8.2 |
| Stock of money M1 (% change) | 20.7 | 48.9 | -0.4 | 30.4 | 2.0 | 6.6 | 10.1 |
| Stock of money M2 (% change) | 29.7 | 49.1 | 20.7 | 26.2 | 25.6 | 16.7 | 15.3 |
| Lending interest rate (av; %) | 11.2 | 11.2 | 15.8 | 10.1 | 13.1 | 13.8 | 12.5 |
| Current account (US$ m) | |||||||
| Trade balance | -2,776 | -10,438 | -12,782 | -8,307 | -7,495 | -8,903 | -9,200 |
| Goods: exports fob | 39,826 | 48,561 | 62,685 | 57,096 | 71,655 | 86,090 | 94,330 |
| Goods: imports fob | -42,602 | -58,999 | -75,467 | -65,403 | -79,151 | -94,992 | -103,529 |
| Services balance | -8 | -755 | -915 | -1,388 | -706 | -628 | -224 |
| Income balance | -1,429 | -2,190 | -4,401 | -3,028 | -5,024 | -4,804 | -5,259 |
| Current transfers balance | 4,049 | 6,430 | 7,311 | 6,448 | 7,595 | 7,750 | 9,000 |
| Current-account balance | -164 | -6,953 | -10,787 | -6,275 | -5,630 | -6,585 | -5,683 |
| External debt (US$ m) | |||||||
| Debt stock | 20,126 | 23,865 | 26,158 | 27,027b | 30,781 | 33,730 | 36,545 |
| Debt service paid | 949 | 1,249 | 1,344 | 1,114b | 1,200 | 1,380 | 1,493 |
| Principal repayments | 495 | 640 | 776 | 710b | 735 | 788 | 805 |
| Interest | 454 | 609 | 568 | 404b | 465 | 592 | 688 |
| International reserves (US$ m) | |||||||
| Total international reserves | 13,591 | 23,748 | 24,176 | 16,803 | 13,201 | 14,836 | 15,369 |
| a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. | |||||||
| Source: IMF, International Financial Statistics. | |||||||
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