Viet Nam GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Viet Nam's gdp deflator was 4.39% in 2025, ranked 129th globally. This represents a 5.5% increase from 2024. Data from World Bank, covering 1986–2025.
Overview
Viet Nam's gdp deflator stood at 4.39% in 2025, a rise of +0.23pp from 2024. Based on recent trends, this figure is projected to reach 4.39% by 2025. Viet Nam ranked 129th globally.
Viet Nam's GDP Deflator has exhibited significant volatility over the past four decades, with a notable peak of 411.04% in 1988 and a trough of -1.72% in 2015. The country's deflator has trended upwards since then, reaching a current rate of 4.39% in 2025, ranking 129 globally. This recent growth is comparable to that of Libya, which currently has a deflator of 4.41%. The deflator peaked in 1988, a year that marked the beginning of economic liberalization in Viet Nam following the introduction of the Doi Moi economic reform in 1986. The country's deflator has been steadily increasing since then, with some fluctuations. A sustained rise in global commodity prices or an acceleration in economic growth could potentially drive Viet Nam's deflator even higher, while a decline in global demand or a significant increase in domestic inflation could have the opposite effect.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.31% | - | - |
| 2026* trend | 4.85% | - | - |
| 2025* trend | 4.39% | - | - |
| 2025 | 4.39% | +0.23pp | #129 |
| 2024 | 4.16% | +2.07pp | #111 |
| 2023 | 2.09% | −2.35pp | #46 |
| 2022 | 4.44% | +1.56pp | #51 |
| 2021 | 2.88% | +1.41pp | #72 |
| 2020 | 1.47% | −0.96pp | #88 |
| 2019 | 2.42% | −1.20pp | #113 |
| 2018 | 3.63% | −0.74pp | #126 |
| 2017 | 4.36% | +2.54pp | #136 |
| 2016 | 1.82% | +3.54pp | #103 |
| 2015 | -1.72% | −5.41pp | #28 |
| 2014 | 3.70% | −0.34pp | #140 |
| 2013 | 4.04% | −5.04pp | #141 |
| 2012 | 9.08% | −12.34pp | #179 |
| 2011 | 21.41% | −20.89pp | #196 |
Detected Pattern
Analysis
Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's gdp deflator was 4.39% in 2025. Ranked 129th globally. This represents a 5.5% increase from the previous year.
Viet Nam's gdp deflator peaked at 411.04% in 1988.
The lowest gdp deflator in Viet Nam was -1.72% in 2015.
Viet Nam ranks 129th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Viet Nam's gdp deflator is projected to reach 4.39% by 2025 based on trend extrapolation.
The gdp deflator of Viet Nam in 2025 was 4.39%. This ranks 129th in the world.
Cite this page
@misc{historysaid_viet-nam_gdp-deflator,
title = {Viet Nam GDP Deflator},
url = {https://historysaid.com/viet-nam/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}