Viet Nam: Inflation, GDP deflator (annual %)
In , Viet Nam's Inflation, GDP deflator (annual %) was 4.16.
That's up 98.7% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Viet Nam ranks #84 globally out of 193 reporting countries. Within East Asia & Pacific, it ranks #10 of 30.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 42.30
- Trough
- -1.72
- 1-year change
- +98.7%
- 5-year change
- +71.7%
- +11.4% / yr
- 10-year change
- +12.5%
- +1.2% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 4.1596 | |
| 2.0934 | |
| 4.4428 | |
| 2.8808 | |
| 1.4675 | |
| 2.4232 | |
| 3.6266 | |
| 4.3629 | |
| 1.8195 | |
| -1.7165 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Viet Nam's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Viet Nam's Inflation, GDP deflator (annual %) was 4.16, according to World Bank Open Data.
- Is Viet Nam's Inflation, GDP deflator (annual %) rising or falling?
- Viet Nam's Inflation, GDP deflator (annual %) rose 98.7% from 2023 to 2024.
- How does Viet Nam rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Viet Nam ranked #84 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Viet Nam's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Viet Nam is below the world average. Within East Asia & Pacific, it ranks #10 of 30.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.