Vietnam’s GDP growth estimated at 7.09% in 2024: GSO
The Vietnamese economy demonstrated remarkable resilience in 2024 and was estimated to achieve a growth rate of 7.09% despite global uncertainties.
According to the General Statistics Office, this growth rate, while slightly below those of 2028, 2019, and 2022, showed the remarkable recovery and positioned the country as a regional economic bright spot.
Vietnam's GDP reached more than 476 billion USD in 2024, with per capita GDP rising to 4,700 USD. Labour productivity also improved significantly, reaching nearly 9,200 USD per worker, up more than 700 USD from the previous year. The economic structure in 2024 showed the dominance of the service sector, which accounted for 42.36%. The rosy economic achievements in 2024 created an important foundation for Vietnam to accelerate growth in 2025 and complete the targets in the five-year socio-economic development plan for the 2021-2025 period./.
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