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Viet Nam PPP Conversion Factor

PPP conversion factor, GDP  PA.NUS.PPP

Viet Nam's ppp conversion factor was 6,836.16 in 2025, ranked 4th globally. This represents a 1.7% decrease from 2024. Data from World Bank, covering 1990–2025.

6,836.16 −120.77 (-1.7%)
Year 2025 Rank #4 Global Peak 7,380.00 (2014) Source World Bank

Viet Nam PPP Conversion Factor (1990–2025)

Overview

Viet Nam's ppp conversion factor stood at 6,836.16 in 2025, a decline of +120.77 from 2024. Based on recent trends, this figure is projected to reach 6,836.16 by 2025. Viet Nam ranked 4th globally.

Viet Nam's PPP Conversion Factor has demonstrated significant growth since its inception in 1990, with a notable peak of 7,380.00 in 2014 and a trough of 672.28 in the same year. Over the past three and a half decades, the country has experienced substantial economic development, with the factor rising from 672.28 in 1990 to 6,836.16 in 2025, a 913% increase. This growth is comparable to that of Indonesia, which has a PPP Conversion Factor of 4,794.54, but still trails behind the figure of 11,433.75 for Somalia. The rapid expansion of Viet Nam's economy has contributed to the country's increasing global economic influence. As the country continues to diversify its economy and deepen its integration into the global market, further growth in the PPP Conversion Factor is expected, potentially driven by advancements in human capital, technological innovation, and trade liberalization.

Data & projection

Year PPP Conversion Factor YoY change Rank
2027* trend 6,737.07 - -
2026* trend 6,786.61 - -
2025* trend 6,836.16 - -
2025 6,836.16 −120.77 #4
2024 6,956.93 +116.32 #186
2023 6,840.61 −100.84 #194
2022 6,941.45 −178.56 #195
2021 7,120.01 +55.06 #198
2020 7,064.95 −126.23 #197
2019 7,191.19 −84.64 #197
2018 7,275.83 +64.23 #197
2017 7,211.60 +47.77 #199
2016 7,163.83 −126.32 #198
2015 7,290.15 −89.85 #198
2014 7,380.00 +71.65 #198
2013 7,308.35 +171.28 #199
2012 7,137.07 +221.73 #200
2011 6,915.34 +1,102.15 #201
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.1% GDP growth 2.9% C/A balance 4.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →

Frequently Asked Questions

What is Viet Nam's ppp conversion factor?▾

Viet Nam's ppp conversion factor was 6,836.16 in 2025. Ranked 4th globally. This represents a 1.7% decrease from the previous year.

What was the highest ppp conversion factor in Viet Nam?▾

Viet Nam's ppp conversion factor peaked at 7,380.00 in 2014.

What was the lowest ppp conversion factor in Viet Nam?▾

The lowest ppp conversion factor in Viet Nam was 672.28 in 1990.

How does Viet Nam rank in ppp conversion factor?▾

Viet Nam ranks 4th globally in ppp conversion factor as of 2025.

What is the World Bank indicator code for ppp conversion factor?▾

The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.

What is the projected ppp conversion factor of Viet Nam in 2025?▾

Viet Nam's ppp conversion factor is projected to reach 6,836.16 by 2025 based on trend extrapolation.

What is the ppp conversion factor of Viet Nam in 2025?▾

The ppp conversion factor of Viet Nam in 2025 was 6,836.16. This ranks 4th in the world.

Cite this page

APA
Viet Nam PPP Conversion Factor. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/viet-nam/ppp-conversion-factor/
BibTeX
@misc{historysaid_viet-nam_ppp-conversion-factor, title = {Viet Nam PPP Conversion Factor}, url = {https://historysaid.com/viet-nam/ppp-conversion-factor/}, publisher = {HistorySaid}, year = {2026} }
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