Vietnam economy graph showing purchasing power parity (PPP) growth from 1990 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
Vietnam’s GDP per capita (PPP) reflects its rapid economic growth, driven by manufacturing and export-led strategies, positioning it as a rising economy in Asia. The economy is based on electronics, textiles, agriculture, and increasingly, services.