Viet Nam to overtake Indonesia in per capita GDP in 2026: IMF

VGP - Viet Nam's per capita GDP is projected to surpass that of Indonesia in 2026, according to the International Monetary Fund (IMF).

Written by
Huog Giang
Published by
Viet Nam Government News
Published
Length
284 words · 1 min
Viet Nam to overtake Indonesia in per capita GDP in 2026: IMF

In its latest global economic outlook report, IMF predicts that Viet Nam's nominal GDP per capita will hit US$5,259 in 2026, an increase of 8.9 percent year on year, surpassing Indonesia's US$5,153.

Viet Nam’s GDP grew by 9.95 percent in the third quarter and 9.01 percent over the first nine months of this year, reported the National Statistics Office.

The Southeast Asian nation's GDP in the third quarter was higher than the growth rates of 8.15 percent in the first quarter and 8.81 percent in the second quarter.

In the January-September period, the agriculture, forestry and fisheries sector posted a growth rate of 4.02 percent, contributing 5.35 percent to the increase in the total value added of the economy; the industry and construction sector expanded 11.21 percent, contributing 49.62 percent; and the services sector grew 8.96 percent, contributing 45.03 percent.

The Industrial Production Index (IIP) in the third quarter was estimated to increase by 14.8 percent year-on-year. For the first nine months of 2026 as a whole, the IIP expanded 12.3 percent year-on-year.

During the reviewed period, more than 223,900 enterprises nationwide registered for new establishment or resumed operations, down 3.2 percent from the same period in 2025. On average, 24,900 enterprises entered the market each month. Meanwhile, 172,000 ones withdrew from the market, down 1.7 percent year-on-year.

For the first nine months of 2026, total retail sales of goods and consumer service revenue at current prices saw a year-on-year increase of 13.4 percent, reaching VND 5,925.7 trillion (nearly US$228 billion).

As of September 30, 2026, total registered foreign investment in Viet Nam—including newly registered capital, adjusted registered capital, and capital contributions and share purchases by foreign investors—reached US$50.36 billion, up 76.4 percent year-on-year.

Realized foreign direct investment (FDI) during the period of time was estimated at US$21.07 billion, up 12.1 percent, the highest amount over the past five years./.


Where this came from

This story was reported by Huog Giang and first published by Viet Nam Government News on 30 Oct 2026. HUE Legacy Ventures did not write it.

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