Key Takeaways
- Vietnam's total population as of mid-2023 is estimated at 98,858,950 people, with an annual growth rate of 0.71%
- The median age in Vietnam is 33.4 years as of 2023, with males at 32.5 years and females at 34.3 years
- Vietnam's population density is 307 people per square kilometer as of 2023, ranking 37th globally
- Vietnam's GDP nominal in 2023 is $433.3 billion USD, ranking 35th globally
- GDP per capita in Vietnam reached $4,282 USD in 2023, up from $2,800 in 2020
- Real GDP growth rate was 5.05% in 2023, following 8.02% in 2022
- Vietnam's total land area is 331,210 square kilometers, ranking 65th globally
- Coastline length is 3,444 km, with over 4,000 islands
- Highest point is Fan Si Pan at 3,144 meters in the Hoang Lien Son mountains
- Life expectancy at birth is 75.7 years overall in 2022 (73.7 male, 77.8 female)
- Infant mortality rate is 15.3 deaths per 1,000 live births in 2022
- Maternal mortality ratio is 43 deaths per 100,000 live births as of 2020
- Vietnam is a unitary Marxist-Leninist one-party socialist republic led by the Communist Party since 1975
- National Assembly has 500 members elected for 5-year terms
- President Vo Van Thuong elected in 2023, head of state
Vietnam is a dynamic, youthful nation experiencing rapid urbanization and economic growth.
Demographics
- Vietnam's total population as of mid-2023 is estimated at 98,858,950 people, with an annual growth rate of 0.71%
- The median age in Vietnam is 33.4 years as of 2023, with males at 32.5 years and females at 34.3 years
- Vietnam's population density is 307 people per square kilometer as of 2023, ranking 37th globally
- Approximately 38.4% of Vietnam's population lives in urban areas as of 2023, up from 19% in 1989
- Vietnam has 54 officially recognized ethnic groups, with the Kinh (Viet) comprising 85.7% of the population
- Buddhism is practiced by 14.9% of Vietnamese, while 45.1% identify as unaffiliated or folk religion adherents as of recent surveys
- Vietnamese is the official language spoken by 86% as a first language, with English increasingly used among youth
- Life expectancy at birth in Vietnam is 73.6 years for males and 80.8 years for females as of 2023
- The total fertility rate in Vietnam is 1.96 children per woman as of 2023, below the replacement level of 2.1
- Net migration rate for Vietnam is -0.4 migrants per 1,000 population annually as of 2023
- Vietnam's population pyramid shows a contracting top due to low fertility, with 23.3% under age 15
- Hanoi, the capital, has a population of 8.4 million in its metropolitan area as of 2023
- Ho Chi Minh City, the largest city, has 9.8 million residents as of 2023 estimates
- Vietnam's sex ratio at birth is 1.06 males per female, with overall population sex ratio of 0.98
- About 7.7% of Vietnam's population is over 65 years old as of 2023, indicating rapid aging
- Vietnam ranks 66th in population size globally with 98.8 million people
- The working-age population (15-64) constitutes 68.5% of Vietnam's total population in 2023
- Vietnam's youth unemployment rate among 15-24 year olds was 7.2% in 2022
- Internal migration from rural to urban areas reached 2.5 million people annually in recent years
- Ethnic minorities make up 14.7% of the population, concentrated in highlands
- Female literacy rate in Vietnam is 94.5% for ages 15 and above as of 2022
- Vietnam's population is projected to peak at 105 million by 2040 before declining
- Da Nang city's population grew to 1.25 million by 2023
- Overseas Vietnamese diaspora numbers about 5.3 million as of 2023
- Child population (0-14 years) is 22.7% of total in 2023
- Vietnam's urbanization rate is projected to reach 50% by 2030
- Male life expectancy improved from 68.5 in 2000 to 73.6 in 2023
- Population below poverty line (daily $2.15) dropped to 1.8% by 2022
- Hai Phong metro population is 2.1 million as of 2023
- Vietnam's dependency ratio is 46.1% as of 2023
Demographics Interpretation
Economy
- Vietnam's GDP nominal in 2023 is $433.3 billion USD, ranking 35th globally
- GDP per capita in Vietnam reached $4,282 USD in 2023, up from $2,800 in 2020
- Real GDP growth rate was 5.05% in 2023, following 8.02% in 2022
- Agriculture sector contributes 12.46% to GDP in 2022, employing 27.6% of workforce
- Industry sector accounts for 37.54% of GDP in 2022, driven by manufacturing
- Services sector makes up 41.68% of GDP as of 2022
- Exports of goods and services were 93.1% of GDP in 2022, totaling $371 billion
- Major exports include electronics ($114 billion in 2022), textiles, and footwear
- Foreign direct investment inflows reached $17.9 billion in 2022
- Unemployment rate in Vietnam was 1.92% in 2023, one of the lowest in Asia
- Public debt as percentage of GDP is 37.1% as of 2023
- Inflation rate (CPI) averaged 3.25% in 2023
- Vietnam's stock market capitalization is $244 billion as of 2023, with VN-Index at 1,127 points
- Remittances received $18.1 billion in 2022, 4.4% of GDP
- Labor force totals 56.95 million as of 2022
- Manufacturing value added grew 9.5% in 2022, contributing 25% to GDP
- Tourism revenue reached $28 billion in 2023 with 12.6 million international visitors
- Vietnam is the world's second-largest coffee exporter, shipping 1.78 million tons in 2022/23
- Rice production hit 43.5 million tons in 2022, making Vietnam top 3rd globally
- Corporate tax rate is 20%, with incentives for FDI in high-tech sectors
- Ease of doing business rank improved to 70th in 2020 World Bank report
- Foreign exchange reserves stood at $109 billion in 2023
- Household consumption expenditure is 64.5% of GDP in 2022
- Vietnam's credit rating is BB+ from Fitch as of 2023
- Garment exports totaled $44 billion in 2022
- Smartphone exports reached $52.4 billion in 2022, led by Samsung
- Government expenditure is 33.8% of GDP in 2023
Economy Interpretation
Geography and Environment
- Vietnam's total land area is 331,210 square kilometers, ranking 65th globally
- Coastline length is 3,444 km, with over 4,000 islands
- Highest point is Fan Si Pan at 3,144 meters in the Hoang Lien Son mountains
- Lowest point is the South China Sea at 0 meters
- Climate is tropical in south, monsoonal in north with average temperature 24°C
- Natural resources include phosphates, coal, manganese, rare earth elements, bauxite
- Arable land constitutes 20.6% of total land area as of 2021
- Forest area covers 41.99% of land, or 138,950 sq km in 2021
- Mekong Delta region comprises 12% of land but produces 50% of rice
- Red River Delta has population density of 1,100 people/sq km
- Annual mean rainfall is 1,500-2,000 mm, highest in central highlands
- Vietnam is vulnerable to typhoons, with 6-10 per year affecting coasts
- Protected areas cover 9.5% of land, including 31 national parks
- Biodiversity includes 12,000 plant species, 1,030 birds, 290 mammals
- Sea level rise threatens 10% of population in Mekong Delta by 2050
- Renewable water resources per capita are 10,056 cubic meters annually
- Air pollution PM2.5 concentration averaged 28.2 micrograms per cubic meter in 2022
- Permanent crops occupy 11.5% of land area in 2021
- Volcanic activity last noted in 1923 at Ile des Cendres
- Major rivers include Mekong (4,220 km shared), Red River (1,149 km)
- Elevation extremes range from 3,144 m to -5 m (delta areas)
- Desert/other covers 0.07% of land, mostly sand dunes
- Annual deforestation rate slowed to 0.13% from 1990-2020
- Coral reefs span 1,100 km along coast
- Central Highlands average elevation 500-1,500 m, coffee production hub
- Typhoon season peaks September-November, causing $1.5B damage yearly avg
- Carbon dioxide emissions totaled 286.7 million metric tons in 2021
- Mangrove forests cover 200,000 hectares, vital for coastal protection
- Vietnam lies on Pacific Ring of Fire, moderate earthquake risk
- Freshwater withdrawal is 75.4 billion cubic meters annually, 96% for agriculture
Geography and Environment Interpretation
Government and Infrastructure
- Vietnam is a unitary Marxist-Leninist one-party socialist republic led by the Communist Party since 1975
- National Assembly has 500 members elected for 5-year terms
- President Vo Van Thuong elected in 2023, head of state
- Prime Minister Pham Minh Chinh appointed in 2021, head of government
- Constitution adopted in 2013, effective 1 January 2014
- Suffrage age is 18 years, universal
- Administrative divisions include 58 provinces and 5 municipalities
- Active military personnel number 482,000, with 5 million reserves
- Defense budget is 2.3% of GDP in 2023, about $8 billion
- Paved roadways total 130,467 km as of 2021
- Airports number 45 with paved runways over 3,000m: 11 as of 2023
- Internet users are 78.5 million, 79.1% penetration in 2023
- Mobile cellular subscriptions are 158 per 100 people in 2022
- Fixed broadband subscriptions are 21.7 per 100 in 2022
- Railways total 2,600 km, mostly single track meter gauge
- Merchant marine fleet has 1,873 ships totaling 8.98 million DWT as of 2022
- Electricity production is 282 billion kWh annually, access 99.4% in 2022
- Hanoi metro system (Cat Linh–Ha Dong line) opened 2021, 13 km
- Corruption Perceptions Index score is 42/100 in 2022, ranking 77th
- Human Freedom Index rank is 117th with score 5.57 in 2022
- Press Freedom Index rank 178th out of 180 in 2023
- Women in parliament constitute 30.3% as of 2023
- HDI value is 0.726 (high), ranking 115th in 2022
- Rule of Law Index score 0.44, ranking 73rd in 2023
- Ports handle 692 million tons cargo annually, Cai Mep-Thi Vai largest
- 5G coverage launched in major cities in 2022, subscribers growing
- Judicial review by Supreme People's Court, no constitutional court
Government and Infrastructure Interpretation
Health and Social Services
- Life expectancy at birth is 75.7 years overall in 2022 (73.7 male, 77.8 female)
- Infant mortality rate is 15.3 deaths per 1,000 live births in 2022
- Maternal mortality ratio is 43 deaths per 100,000 live births as of 2020
- HIV/AIDS prevalence among adults 15-49 is 0.2% in 2022
- Physicians density is 0.9 per 1,000 people in 2020
- Hospital beds per 1,000 people is 2.6 as of 2020
- Adult literacy rate is 95.8% (95.0% male, 96.5% female) ages 15+ in 2022
- Primary school enrollment net rate is 98.7% for relevant age group in 2021
- Secondary school enrollment gross rate is 89.4% in 2021
- Tertiary enrollment gross rate reached 30.2% in 2021
- Immunization coverage for DTP3 among 1-year-olds is 95% in 2022
- Obesity rate among adults is 2.1% in 2016 (latest)
- Diabetes prevalence among adults 20-79 is 6.1% in 2021
- Tuberculosis incidence is 105 per 100,000 people in 2022
- Government health expenditure is 5.3% of GDP in 2021
- Access to improved drinking water is 98% of population in 2022
- Suicide mortality rate is 7.9 per 100,000 in 2019
- Malnutrition prevalence (weight for age) in children under 5 is 13.6% in 2020
- Female labor force participation is 71.5% ages 15+ in 2022
- Youth literacy rate (15-24) is 98.1% in 2022
- PISA math score average is 461 in 2018, above OECD average
- Government education expenditure is 4.2% of GDP in 2021
- Contraceptive prevalence is 71% among women 15-49 in 2021
- Access to improved sanitation is 89% of population in 2022
- Mean years of schooling is 8.6 for adults 25+ in 2021
- Gender parity index in primary education is 0.99 in 2021
- Hepatitis B prevalence reduced to 1% among children under 5 in 2019
- Expected years of schooling is 12.9 years in 2022
- Under-5 mortality rate is 18.5 deaths per 1,000 live births in 2022
- Road traffic death rate is 26.4 per 100,000 in 2019
Health and Social Services Interpretation
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