This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). GNI per capita of Viet Nam increased from 63 US dollars in 1970 to 2,525 US dollars in 2019 growing at an average annual rate of 9.60%. The lowest data : 1991 is the lowest year for the indicator : GNI per capita (Gross National Income - $). What is GNI per capita? The statistic shows gross domestic product (GDP) per capita in the ASEAN countries from 2010 to 2019, with projections up until 2020. The description is composed by our digital data assistant. They were placed on your computer when you launched this website. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. - World Economics GDP per capita (2017 PPP $) n.a. This article includes a list of countries of the world sorted by their gross national income (GNI) per capita at purchasing power parity (PPP). Targeting $5,000 per capita income by 2025. This page lists the countries of the world sorted by their gross domestic product per capita at nominal values.This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average population for the same year. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Estimated gross national income per capita, female (2017 PPP $) n.a. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Meanwhile, the GDP per capita in 2020 is estimated at $2,750, far below the target of $3,200-3,500. From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. The National Assembly of Vietnam passed the new Labor Code on June 18, 2012 which took effect on May 1, 2013. Okay to continue Vietnam is striving to be a developing country with modern industry, belonging to the upper group of higher average-income countries by 2030, and to ultimately be a developed country with modern industry and high income. The figure is obtained by diving the final annual income by the population of the country. GDP is the total value of all goods and services produced in a country in a year. The country’s GDP was estimated at 266 billion USD, representing a GDP per capita of 2,800 USD, the highest in history. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. List of countries by GNI (PPP) per capita. The description is composed by our digital data assistant. Vietnam (VNM) , GNI per capita, Atlas method (current US$) indicators data for years 2014 to 2018 Its GNI per capita stood at $2,590 in 2019, according to the World Bank. Trade Source: United Nations Comtrade Note: ... GDP Per Capita, PPP (current international) $8,397 (2019) The pricing data was published by A4AI in September 2018, and was collected by A4AI in 2017; Gross National Income (GNI) per capita data is from the World Bank, 2017. India with a GDP of $2.7T ranked the 7th largest economy in the world, while Vietnam ranked 47th with $245.2B. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. GDP per capita (current US$) - Vietnam from The World Bank: Data. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Worldwide: COVID-19 Vaccination Progress Report, Quiver Quantitative | WallStreetBets and Market Dynamics, National Accounts » Gross National Income. Vietnam GDP (Gross Domestic Product) was INT$705.58billion for 2019 in PPP terms. Find Out . For rankings regarding wealth, see list of countries by wealth per adult. Vietnam (VNM) indicators data including total merchandise trade exports, imports, number of export/import partners, number of products exported/imported, and development indicators from WDI such as GDP, GPD per capita, gdp growth, gni, index of export market penetration, services exports/imports, Commercial Service, Transport Service, Insurance and financial service, ICT, … Inflation was kept below 3% … It should be reflecting the average before tax income of a country's citizens. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. The classification of countries is determined by two factors: A country’s GNI per capita, which can change with economic growth, inflation, exchange rates, and population. GNI per capita, PPP (current international $) - Vietnam from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Please check your download folder. This group includes China, Malaysia, Mexico, South Africa and Thailand. 3,498 (US dollars) in 2020 In 2020, GDP per capita for Viet Nam was 3,498 US dollars. GNI per capita is a strong indicator of the standard of living of an average citizen in the country, and higher GNI per capita numbers are correlated with things like: Higher literacy rates A4AI plans to reproduce this research to produce new pricing data each year for low- … Vietnam gni per capita for 2019 was $2,590, a 8.82% increase from 2018. Gross domestic product (GDP), total (2017 PPP $ billions) n.a. GDP per capita of Viet Nam increased from 513 US dollars in 2001 to 3,498 US dollars in 2020 growing at an average annual rate of 10.82%. Data. Vietnam has had the highest GNI per capita > constant LCU since 2003. The Philippines vs Vietnam: Economic Indicators Comparison The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Vietnam ranked 47th with $245.2B. 6. Gross national income per capita 2019, Atlas method and PPP Purchasing Atlas power parity methodology (international Ranking Economy (US dollars) Ranking Economy dollars) 125 West Bank and Gaza 3,710 125 Lao PDR 7,960 126 Cabo Verde 3,630 126 Eswatini 7,940 127 Eswatini 3,590 127 Vietnam 7,750 GDP per capita in Vietnam, 1956–1974 (in US$/year) Year 1956 1958 1960 1962 1964 1966 1968 1970 1972 1974 Republic of Vietnam: 62 88 105 100 118 100 85 81 90 65 Democratic Republic of Vietnam: 40 50 51 68 59 60 55 60 60 65 1976–1997. The classification is updated each year on July 1 st. Countries by GNI per capita . By definition, the GNI per capita of a nation simply refers to the average income of the citizens of a particular nation. GNI per capita: Country GNI per capita. GNI per capita of Viet Nam increased from 63 US dollars in 1970 to 2,525 US dollars in 2019 growing at an average annual rate of 9.60%. GNI per capita is a way to look at the country’s income divided by its population, and it is the clearest way to compare income per person in a country. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more. Estimated gross national income per capita, male (2017 PPP $) n.a. GNI per capita is gross national income divided by midyear population. “Vietnam’s economic growth rate was among the most rapid in the world despite a global downturn. Gross Domestic Product & Income Financial system and Human development You can change your personal cookie settings through your internet browser settings. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Gross Domestic Product & Income (by per capita GNI) Source: The World Bank Possible values: High Income, ... Vietnam is considered one of the leading agricultural exporters of Southeast Asia. The result is: 110 $. In 2019, GNI per capita for Viet Nam was 2,525 US dollars. Last year, Prime Minister Nguyen Xuan Phuc had expressed his hope Vietnam would become a high-income country by 2045. Search and explore the world’s largest statistical database to find data. Live data and insights on Coronavirus outbreak around the world, including detailed statistics for the US, Italy, EU, and China. The result is: 1,890 $. Vietnam could soon climb onto the upper-middle income classification with Gross National Income (GNI) per capita at $3,996-$12,375, Phuc said. So we can expect GDP per capita Nominal to follow accordingly between the two countries. Gross national income (GNI) per capita (constant 2017 PPP$) n.a. Our website uses cookies to improve your online experience. Article Title : List of countries by GNI (PPP) per capita According to Vietnam Plus, GDP growth of 6.5-7%, being in the group of highest economic growth in the world, per capita income targets 5,000 USD in the next 5 years are the goals set at the meeting between the Ministry of Planning and Investment and the delegations of the National Assembly on September 29 in Hanoi. In 2019, GDP per capita in Vietnam amounted to around 3,416 U.S. dollars. Created by Ana Florina Pirlea Description CountryProfile Tags Last Updated 6/28/2019 3:37:06 PM CSV XML EXCEL. The GNI per capita is the dollar value of a country's final income in a year, divided by its population. Vietnam gni for … By GDP 5-years average growth and GDP per capita, the Philippines and Vietnam ranked 21st vs 17th and 134th vs 138th, respectively. This … GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.
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