In 2002, the average GDP of Vietnam reached about $547, ranked 160/195 in the world.
According to data from the International Monetary Fund (IMF), in 2002, Vietnam's GDP per capita was about $547, ranking 160/195 in the world. By 2021, Vietnam's average GDP has increased to about $3,743, ranking 124th in the world.
Thus, Vietnam has jumped 36 places in the ranking of average GDP in the world for the period 2002-2021. Along with that, Vietnam's average GDP increased 6.8 times in the period 2002-2021.
Average GDP of Vietnam in the period 2002-2021 and forecast in 2022 according to IMF
Source: IMF
In 2022, the IMF released an average GDP forecast for countries around the world. In which, Vietnam's average GDP in 2022 is forecasted to reach about $4,163, ranking 117th in the world. With the IMF's forecast, Vietnam's average GDP in 2022 will jump 7 places compared to 2021 and 43 places compared to 2002 on the world scale.
In terms of ASEAN countries alone, in 2022, Singapore is the country with the highest average GDP forecast in ASEAN, reaching about $79,426, ranking 6th in the world. Brunei is forecasted to have an average GDP of about $42,939, ranking 2nd in ASEAN and 23rd in the world.
Average GDP of ASEAN countries in 2022 as forecasted by IMF
Source: IMF
Along with that, Malaysia is forecasted to have an average GDP of about $13,708, ranking third in ASEAN and 66th in the world. Thailand is forecast to rank 4th in ASEAN and 87th in the world, reaching about $7,630 in 2022.
Indonesia's average GDP is forecasted to be about $4,691, ranking 5th in ASEAN and 112th in the world. For Vietnam, the average GDP is forecasted by the IMF to rank 6th in ASEAN, ahead of the Philippines, Laos, Cambodia, and Myanmar.
The Philippines, Laos, Cambodia, and Myanmar are forecasted to have an average GDP of $3,597, respectively; $2,172; $1,771, and $1,104 in 2022.
Source: CafeF