Vietnam's GDP has grown 6.68% in 2015, the highest rate in the past five years.
Vietnam’s gross domestic product (GDP
) has grown an estimated 6.68% in 2015, marking the highest growth rate since 2011, the government-run General Statistics Office said at a press meeting on December 26.
The growth is driven by the industry and construction sector, which has increased 6.64% year-on-year (y-o-y), and the service sector, which has grown 6.33% y-o-y. The agriculture sector has expanded 2.41% y-o-y, the lowest in five years, due to natural calamities.
The country’s GDP is estimated at 4,192.9 trillion dong ($186.36 billion) at current prices, translating into income per capita of $2,109, up $57 from 2014.
The office added that the index of industrial production increased 9.8% in 2015 from 2014, higher than increases of 5.9% in 2013 and 7.6% in 2014.