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Published: 15 January,2023 | Updated: 15 January,2023
VietNam’s GDP growth hits 12-year high

Hanoi, January 14, 2023(AseanAll)-Viet Nam’s economy expanded 8.02 percent in 2022, the highest growth rate recorded during the 2011-2022 period, the General Statistics Office of Viet Nam reported Thursday(January 12).

 

The nation's GDP grew by 5.92 percent in the fourth quarter of the year, in comparison with 13.76 percent in the third quarter, 7.72 percent in the second quarter and 5.05 percent in the first quarter.



Over the last 12 months, the agro-forestry-fishery sector increased 3.36 percent, contributing 5.11 percent to the overall growth of the economy.


The industry and construction sector picked up 7.78 percent and the service sector rose by 9.99 percent, contributing 38.24 percent and 56.65 percent to the nation's GDP growth, respectively. 


GDP per capita in 2022 was estimated to reach US$4,110, an increase of US$393 compared to 2021.