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    VNM Aag

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    Pritom K. Debnath
    Vietnam is a lower-middle income country located in Southeast Asia with a population of around 88 million people. Its economy has grown significantly in recent decades with annual GDP growth averaging around 7% since 2000. Agriculture still employs around 20% of the population but industry has expanded rapidly, now accounting for over 40% of GDP. Poverty rates have declined substantially, though around 14% of the population still lives below the national poverty line. Access to services like water, healthcare, and education have improved markedly in Vietnam over the past 20 years.

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    VNM Aag

    Uploaded by

    Pritom K. Debnath
    36 views2 pages
    Vietnam is a lower-middle income country located in Southeast Asia with a population of around 88 million people. Its economy has grown significantly in recent decades with annual GDP growth averaging around 7% since 2000. Agriculture still employs around 20% of the population but industry has expanded rapidly, now accounting for over 40% of GDP. Poverty rates have declined substantially, though around 14% of the population still lives below the national poverty line. Access to services like water, healthcare, and education have improved markedly in Vietnam over the past 20 years.

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    Vietnam is a lower-middle income country located in Southeast Asia with a population of around 88 million people. Its economy has grown significantly in recent decades with annual GDP growth averaging around 7% since 2000. Agriculture still employs around 20% of the population but industry has expanded rapidly, now accounting for over 40% of GDP. Poverty rates have declined substantially, though around 14% of the population still lives below the national poverty line. Access to services like water, healthcare, and education have improved markedly in Vietnam over the past 20 years.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    36 views2 pages

    VNM Aag

    Uploaded by

    Pritom K. Debnath
    Vietnam is a lower-middle income country located in Southeast Asia with a population of around 88 million people. Its economy has grown significantly in recent decades with annual GDP growth averaging around 7% since 2000. Agriculture still employs around 20% of the population but industry has expanded rapidly, now accounting for over 40% of GDP. Poverty rates have declined substantially, though around 14% of the population still lives below the national poverty line. Access to services like water, healthcare, and education have improved markedly in Vietnam over the past 20 years.

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    Vi t

    Vietnam
    att a gglance
    l
    Vietnam

    East
    Asia &
    Pacific

    LowerLower
    middle
    middleincome

    88.4
    1,130
    99.9

    1,944
    3,163
    6,149

    3,811
    2,321
    8,846

    1.2
    12
    22
    2.2

    0.8
    08
    10
    1.0

    1.2
    12
    15
    1.5

    15
    28
    75
    20
    20
    94
    93
    101
    102
    100

    ..
    45
    72
    21
    9
    88
    94
    111
    111
    112

    ..
    41
    68
    43
    24
    87
    80
    107
    109
    105

    1990

    2000

    2009

    2010

    65
    6.5
    12 6
    12.6
    36.0
    36 0
    33
    3.3
    -2.3
    23

    31 2
    31.2
    29 6
    29.6
    55.0
    55 0
    27 1
    27.1
    30 5
    30.5

    97 1
    97.1
    38 1
    38.1
    68.3
    68 3
    27 8
    27.8
    23 8
    23.8

    103 6
    103.6
    38 9
    38.9
    77.5
    77 5
    28 6
    28.6
    32 7
    32.7

    -5.4
    -5
    4
    11
    1.1
    359 6
    359.6
    89
    8.9
    ..
    ..

    3.6
    3
    6
    11
    1.1
    41 1
    41.1
    75
    7.5
    ..
    ..

    -6.8
    -6
    8
    05
    0.5
    43 0
    43.0
    48
    4.8
    24 1
    24.1
    27 1
    27.1

    ..
    ..
    ..
    35
    3.5
    ..
    ..

    1990-00

    2000-10

    2009

    2010

    2010-14

    7.9
    7
    9
    61
    6.1
    19 2
    19.2

    7.5
    7
    5
    61
    6.1
    11 2
    11.2

    5.3
    5
    3
    40
    4.0
    11 1
    11.1

    6.8
    6
    8
    55
    5.5
    14 7
    14.7

    6.8
    6
    8
    54
    5.4
    13 4
    13.4

    POVERTY and SOCIAL


    2010
    Population, mid
    mid-year
    year (millions)
    GNI per capita (Atlas method, US$)
    GNI (Atlas method, US$ billions)

    8/31/11

    Development
    diamond*
    D
    l
    t di
    d*

    Life expectancy

    A
    Average
    annuall growth,
    th 2004-10
    2004 10
    Population (%)
    Labor force (%)
    Most
    ost recent
    ece t estimate
    est ate (latest
    ( atest year
    yea available,
    a a ab e, 2004-10)
    00 0)
    Poverty (% of population below national poverty line)
    Urban population (% of total population)
    Life expectancy at birth (years)
    Infant mortality (per 1,000
    1 000 live births)
    Child malnutrition (% of children under 5)
    Access to an improved water source (% of population)
    Literacy (% of population age 15+)
    school age population)
    Gross primary enrollment (% of school-age
    Male
    Female

    GNI
    per
    capita

    Gross
    G
    primary
    i
    enrollment

    Access to improved water source

    Vietnam
    Lower-middle-income group

    KEY ECONOMIC RATIOS and LONG-TERM TRENDS

    GDP (US$ billions)


    G
    Gross
    capital
    it l formation/GDP
    f
    ti /GDP
    Exports
    E
    t off goods
    d and
    d services/GDP
    i
    /GDP
    G
    Gross
    domestic
    d
    ti savings/GDP
    i
    /GDP
    G
    Gross
    national
    ti
    l savings/GDP
    i
    /GDP
    Current account balance/GDP
    Interest payments/GDP
    Total debt/GDP
    Total debt service/exports
    Present value of debt/GDP
    Present value of debt/exports

    Economic ratios*

    Trade

    Domestic
    savings

    Capital
    formation

    Indebtedness
    (average annual growth)
    GDP
    GDP per capita
    Exports of goods and services

    Vietnam
    Lower-middle-income group

    STRUCTURE of the ECONOMY


    1990

    2000

    2009

    2010

    (% off GDP)
    Agriculture
    Industry
    Manufacturing
    g
    Services

    38.7
    22.7
    12.3
    38.6

    24.5
    36.7
    18.6
    38.7

    20.9
    40.2
    20.1
    38.8

    20.6
    41.1
    19.7
    38.3

    Household final consumption expenditure


    General gov't final consumption expenditure
    Imports of goods and services

    84 3
    84.3
    12 3
    12.3
    45 3
    45.3

    66 4
    66.4
    64
    6.4
    57 5
    57.5

    65 9
    65.9
    63
    6.3
    78 7
    78.7

    64 9
    64.9
    65
    6.5
    87 8
    87.8

    1990
    00
    1990-00

    2000
    10
    2000-10

    2009

    2010

    (average annual growth)


    Agriculture
    Industry
    Manufacturing
    Services

    4.3
    11.9
    11.2
    7.5

    3.7
    9.3
    10.9
    7.5

    1.8
    5.5
    2.8
    6.6

    2.8
    7.7
    8.4
    7.5

    Household
    H
    h ld final
    fi l consumption
    ti expenditure
    dit
    G
    General
    l gov't't final
    fi l consumption
    ti expenditure
    dit
    G
    Gross
    capital
    it l formation
    f
    ti
    I
    Imports
    off goods
    d and
    d services
    i

    5.1
    51
    32
    3.2
    19 8
    19.8
    19 5
    19.5

    7.7
    77
    79
    7.9
    12 0
    12.0
    13 2
    13.2

    1.7
    17
    76
    7.6
    43
    4.3
    67
    6.7

    5.3
    53
    12 3
    12.3
    10 4
    10.4
    14 1
    14.1

    Growth of capital and GDP (%)


    30
    20
    10
    0
    05

    06

    07

    08

    GCF
    GC

    09

    10

    GDP
    G

    Growth of exports and imports (%)


    30
    15
    0
    05

    06

    07

    08

    09

    10

    -15

    Exports

    Imports

    Note: 2010 data are preliminary estimates. Group data are through 2009.
    * Th
    The di
    diamonds
    d show
    h
    four
    f
    key
    k indicators
    i di t
    in
    i the
    th country
    t (in
    (i bold)
    b ld) compared
    d with
    ith its
    it income-group
    i
    average. If data
    d t are missing,
    i i
    the
    th di
    diamond
    d will
    ill
    b
    be iincomplete.
    l t

    Vietnam
    PRICES and GOVERNMENT FINANCE
    1990
    Domestic prices
    (% change)
    Consumer prices
    Implicit GDP deflator
    Government finance
    (% of GDP, includes current grants)
    Current revenue
    Current budget balance
    Overall surplus/deficit

    2000

    2009

    2010

    Inflation (%)
    25

    36.4
    42.1

    -1.6
    3.4

    6.7
    6.0

    9.2
    11.9

    20
    15
    10
    5
    0

    14.7
    -0.7
    -5.8

    20.4
    4.5
    -2.0

    24.5
    3.6
    -9.0

    26.2
    5.0
    -6.5

    1990

    2000

    2009

    2010

    2,404
    272
    390
    ..
    2,752
    86
    356
    561

    14,483
    667
    3,503
    6,397
    15,637
    0
    2,058
    4,781

    57,096
    2,664
    6,195
    32,116
    69,949
    10
    6,255
    23,934

    72,191
    3,248
    4,958
    42,199
    84,801
    28
    5,742
    25,278

    ..
    ..
    ..

    100
    100
    100

    165
    137
    121

    183
    144
    127

    1990

    2000

    2009

    2010

    1,913
    1,901
    12

    17,151
    17,324
    -173

    62,752
    72,289
    -9,537

    79,651
    87,599
    -7,948

    Net income
    Net current transfers

    -412
    49

    -451
    1,732

    -3,026
    6,450

    -4,630
    8,579

    Current account balance

    -351

    1,108

    -6,113

    -3,999

    Financing items (net)


    Changes in net reserves

    ..
    ..

    -993
    -115

    -2,053
    8,166

    180
    3,819

    ..
    3,030
    6,482.8 14,167.8

    14,148
    17,071.0

    12,400
    19,126.0

    05

    06

    07

    08

    09

    GDP deflator

    10

    CPI

    TRADE
    (US$ millions)
    Total exports (fob)
    Rice
    Fuel
    Manufactures
    Total imports (cif)
    Food
    Fuel and energy
    Capital goods
    Export price index (2000=100)
    Import price index (2000=100)
    Terms of trade (2000=100)

    Export and import levels (US$ mill.)


    100,000
    80,000
    60,000
    40,000
    20,000
    0
    04

    05

    06

    07

    Exports

    08

    09

    10

    Imports

    BALANCE of PAYMENTS
    (US$ millions)
    Exports of goods and services
    Imports of goods and services
    Resource balance

    Current account balance to GDP (%)


    0
    04

    05

    06

    07

    08

    09

    10

    -5

    -10

    Memo:
    Reserves including gold (US$ millions)
    Conversion rate (DEC, local/US$)

    -15

    EXTERNAL DEBT and RESOURCE FLOWS


    1990

    2000

    2009

    2010

    23,270
    ..
    59

    12,823
    ..
    1,113

    38,746
    ..
    6,270

    43,797
    700
    7,010

    Total debt service


    IBRD
    IDA

    174
    0
    1

    1,309
    0
    9

    3,063
    0
    87

    2,766
    0
    105

    Composition of net resource flows


    Official grants
    Official creditors
    Private creditors
    Foreign direct investment (net inflows)
    Portfolio equity (net inflows)

    96
    -86
    0
    180
    0

    236
    1,041
    -706
    1,298
    0

    ..
    3,063
    -21
    7,600
    128

    ..
    1,984
    ..
    ..
    ..

    0
    0
    1
    -1
    0
    -1

    286
    174
    2
    173
    7
    165

    1,504
    1,206
    47
    1,159
    40
    1,119

    ..
    709
    52
    656
    53
    603

    (US$ millions)
    Total debt outstanding and disbursed
    IBRD
    IDA

    World Bank program


    Commitments
    Disbursements
    Principal repayments
    Net flows
    Interest payments
    Net transfers
    Development Economics

    Composition of 2009 debt (US$ mill.)

    G: 6,645

    B: 6,270
    C: 83

    F: 4,172

    D: 10,010

    E: 11,566

    A - IBRD
    B - IDA
    C - IMF

    D - Other multilateral

    E - Bilateral
    F - Private
    G - Short-term

    8/31/11

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