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Vietnam's GDP Expands by 8,02% in 2022
Published in Saudi Press Agency on 29 - 12 - 2022

Vietnam's GDP growth reaches 8.02% this year, a record high in the 2011-2022 period as the economy is recovering strongly, General Director of the General Statistics Office (GSO) Nguyen Thi Huong told a press conference in Hanoi on December 29, according to Vietnam News Agency (VNA).
The agro-forestry-fishery sector expanded by 3.36%, contributing 5.11% to the total added value of the whole economy. The industry-construction sector grew by 7.78%, contributing 38.24% while the service industry rose by 9.99%, making a 56.55% contribution to the economy.
About the economic structure 2022, the agro-forestry-fishery sector accounted for a proportion of 11.88%, industry and construction 38.26%, services 41.33% and product taxes, exclusive of product subsidies, 8.53%.
With an annual growth of 7.18%, final consumption contributed to 49.32% of the general growth. Asset accumulation rose by 5.75%, contributing 22.59%, while trade in exports, imports and services adding 28.09%.
GDP per capita was estimated at 95.6 million VND (4,110 USD), up 393 USD from 2021 while labour productivity was at 188.1 million VND (8,083 USD)/labourer, marking a year-on-year rise of 622 USD year on year.


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