Vietnam - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Vietnam was 1.83 as of 2021. As the graph below shows, over the past 25 years this indicator reached a maximum value of 23.12 in 2008 and a minimum value of -1.71 in 2000.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1996 5.68
1997 3.21
1998 7.27
1999 4.12
2000 -1.71
2001 -0.43
2002 3.83
2003 3.23
2004 7.75
2005 8.28
2006 7.42
2007 8.34
2008 23.12
2009 6.72
2010 9.21
2011 18.68
2012 9.09
2013 6.59
2014 4.08
2015 0.63
2016 2.67
2017 3.52
2018 3.54
2019 2.80
2020 3.22
2021 1.83

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Vietnam was 1.29 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 411.04 in 1988 and a minimum value of -0.19 in 2015.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1986 398.07
1987 362.56
1988 411.04
1989 69.69
1990 42.10
1991 72.55
1992 32.63
1993 17.41
1994 16.95
1995 17.04
1996 8.70
1997 6.60
1998 8.84
1999 5.73
2000 3.41
2001 2.62
2002 4.70
2003 7.11
2004 8.43
2005 18.81
2006 8.57
2007 9.63
2008 22.67
2009 6.22
2010 12.07
2011 21.26
2012 10.93
2013 4.76
2014 3.66
2015 -0.19
2016 1.11
2017 4.09
2018 3.40
2019 1.79
2020 1.29

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Vietnam was 1.29 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 72.55 in 1991 and -0.19 in 2015.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 42.10
1991 72.55
1992 32.63
1993 17.41
1994 16.95
1995 17.04
1996 8.70
1997 6.60
1998 8.84
1999 5.73
2000 3.41
2001 2.62
2002 4.70
2003 7.11
2004 8.43
2005 18.81
2006 8.57
2007 9.63
2008 22.67
2009 6.22
2010 12.07
2011 21.26
2012 10.93
2013 4.76
2014 3.66
2015 -0.19
2016 1.11
2017 4.09
2018 3.40
2019 1.79
2020 1.29

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices