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Economy of Brazil vs Vietnam compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $476B for Vietnam, ranking 10/197 and 33/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $149B (31.3% of GDP) in Vietnam.

Brazil vs Vietnam GDP by year

Brazil
Vietnam
1x
Year GDP, current $
Brazil Vietnam
2024 $2,185,821,648,944 $476,388,230,307
2023 $2,191,131,869,706 $433,857,681,378
2022 $1,951,923,832,084 $413,445,230,669
2021 $1,670,647,464,063 $366,474,752,771
2020 $1,476,107,292,152 $346,615,738,538
2019 $1,873,288,158,839 $334,365,270,497
2018 $1,916,933,708,353 $310,106,478,395
2017 $2,063,514,688,806 $281,353,605,987
2016 $1,795,693,265,999 $257,096,001,178
2015 $1,802,211,999,456 $239,258,328,382
2014 $2,456,043,766,032 $233,451,469,643
2013 $2,472,819,362,044 $213,708,811,665
2012 $2,465,228,293,707 $195,590,661,129
2011 $2,616,156,606,579 $172,595,049,184
2010 $2,208,838,108,484 $147,201,173,197
2009 $1,666,996,294,252 $106,014,659,565
2008 $1,695,855,391,758 $99,130,304,099
2007 $1,397,114,247,189 $77,414,425,532
2006 $1,107,626,711,163 $66,371,664,817
2005 $891,633,826,625 $57,633,255,738
2004 $669,289,321,945 $45,427,854,693
2003 $558,233,724,165 $39,552,513,232
2002 $509,795,270,685 $35,064,105,501
2001 $559,983,704,094 $32,685,198,809
2000 $655,448,188,259 $31,172,518,403
1999 $599,642,075,004 $28,683,659,007
1998 $863,711,007,325 $27,209,602,050
1997 $883,206,452,795 $26,843,700,442
1996 $850,426,433,004 $24,657,470,575
1995 $769,333,330,412 $20,736,164,459
1994 $525,369,851,354 $16,286,433,533
1993 $368,295,778,245 $13,180,953,598
1992 $328,187,960,872 $9,866,990,236
1991 $342,609,231,343 $9,613,369,520
1990 $390,725,626,003 $6,471,740,806
1989 $412,990,820,287 $6,293,304,975
1988 $307,881,930,752 $25,423,812,649
1987 $283,056,836,894 $36,658,108,850
1986 $256,480,852,471 $26,336,616,250
1985 $210,879,844,639 $14,094,687,821
1984 $188,339,974,087 -
1983 $189,656,506,321 -
1982 $271,314,113,768 -
1981 $258,015,174,749 -
1980 $237,393,489,893 -
1979 $221,338,204,480 -
1978 $200,278,646,124 -
1977 $176,344,101,402 -
1976 $153,168,949,208 -
1975 $129,203,555,239 -
1974 $109,794,519,728 -
1973 $83,592,275,863 -
1972 $58,434,858,375 -
1971 $48,869,830,902 -
1970 $42,327,664,794 -
1969 $37,171,640,819 -
1968 $33,930,457,425 -
1967 $31,086,389,195 -
1966 $28,283,323,733 -
1965 $22,465,522,884 -
1964 $20,963,733,695 -
1963 $23,287,712,878 -
1962 $19,231,747,852 -
1961 $17,275,940,449 -
1960 $17,030,465,539 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/brazil/vietnam | CC BY

GDP per capita in Brazil vs Vietnam by year

Brazil
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $4,717 $16,386
2023 $10,378 $21,176 $4,323 $15,034
2022 $9,281 $19,877 $4,148 $13,905
2021 $7,973 $18,076 $3,704 $12,049
2020 $7,074 $16,102 $3,534 $11,609
2019 $9,030 $16,070 $3,441 $11,029
2018 $9,301 $15,464 $3,222 $10,010
2017 $10,081 $14,559 $2,956 $9,170
2016 $8,836 $14,309 $2,735 $8,375
2015 $8,936 $14,821 $2,578 $7,672
2014 $12,275 $15,827 $2,546 $7,297
2013 $12,459 $15,722 $2,360 $6,758
2012 $12,522 $15,198 $2,185 $6,377
2011 $13,397 $15,212 $1,951 $5,786
2010 $11,403 $14,452 $1,683 $5,389
2009 $8,679 $13,391 $1,226 $5,061
2008 $8,908 $13,445 $1,164 $4,844
2007 $7,410 $12,673 $926 $4,581
2006 $5,934 $11,751 $808 $4,237
2005 $4,828 $11,081 $711 $3,894
2004 $3,664 $10,526 $565 $3,543
2003 $3,091 $9,802 $497 $3,240
2002 $2,856 $9,617 $445 $3,002
2001 $3,176 $9,304 $419 $2,809
2000 $3,767 $9,092 $404 $2,614
1999 $3,494 $8,635 $376 $2,421
1998 $5,106 $8,599 $361 $2,308
1997 $5,299 $8,602 $362 $2,189
1996 $5,179 $8,301 $337 $2,019
1995 $4,757 $8,097 $287.8 $1,841
1994 $3,299 $7,727 $229.9 $1,674
1993 $2,349 $7,260 $189.4 $1,534
1992 $2,127 $6,869 $144.5 $1,413
1991 $2,258 $6,867 $143.7 $1,298
1990 $2,620 $6,688 $98.8 $1,210
1989 $2,819 - $98.1 -
1988 $2,141 - $405 -
1987 $2,006 - $595 -
1986 $1,854 - $436 -
1985 $1,556 - $238.6 -
1984 $1,420 - - -
1983 $1,461 - - -
1982 $2,138 - - -
1981 $2,080 - - -
1980 $1,959 - - -
1979 $1,870 - - -
1978 $1,733 - - -
1977 $1,562 - - -
1976 $1,390 - - -
1975 $1,201 - - -
1974 $1,045 - - -
1973 $815 - - -
1972 $583 - - -
1971 $500 - - -
1970 $444 - - -
1969 $399 - - -
1968 $374 - - -
1967 $351 - - -
1966 $328 - - -
1965 $268 - - -
1964 $257.3 - - -
1963 $294.2 - - -
1962 $250.2 - - -
1961 $231.6 - - -
1960 $235.3 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/brazil/vietnam | CC BY

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $4,717 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Vietnam ranks 108th at $16,386.

Economic indicators

Brazil Vietnam
Gross domestic product
$2.19T
2024
$476B
2024
GDP rank
10/197
2024
33/197
2024
GDP growth
3.42%
2023-2024
7.09%
2023-2024
GDP per capita
$10,311
2024
$4,717
2024
GDP per capita rank
85/197
2024
122/197
2024
GDP per capita, PPP
$22,338
2024
$16,386
2024
GDP per capita PPP rank
88/197
2024
108/197
2024
Government debt
$1.91T
2024
$149B
2024
Debt-to-GDP ratio
87.3%
2024
31.3%
2024
Government debt per person
$8,999
2024
$1,475
2024
Government debt per person rank
60/185
2024
132/185
2024
Average annual personal income after taxes
$6,263
2026
$4,020
2026
Market capitalization of domestic companies
$659B
2024
$205B
2024
Number of millionaires
433,000
2025
n/a
Number of billionaires
56
2025
5
2025
Income share by richest 10%
40.8%
2023
28.1%
2022
Income share by poorest 10%
1.3%
2023
2.6%
2022
Government expenditure, % of GDP
45.7%
2024
19.1%
2024
Consumer prices inflation
4.4%
2023-2024
3.6%
2023-2024
Central bank interest rate
15%
2025
4.5%
2023
Unemployment rate
6.8%
2024
1.53%
2024
Population
213824938
102365351

Spending and national debt comparison by year

Brazil
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Brazil Vietnam
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 19.1% 31.3%
2023 45.3% 84% 18.8% 34.3%
2022 43.4% 83.9% 18.2% 34.9%
2021 40.4% 88.9% 20.1% 39.2%
2020 46.2% 96% 21.3% 41.3%
2019 43% 87.1% 19.8% 41%
2018 44.2% 84.8% 20.5% 43.8%
2017 44.3% 82.7% 21.5% 46.6%
2016 45.5% 77.4% 22.2% 47.9%
2015 46.2% 71.7% 24.2% 46.1%
2014 41.4% 61.6% 22.8% 43.6%
2013 39.8% 59.6% 24.5% 41.4%
2012 39.3% 61.6% 23.5% 38.3%
2011 39.4% 60.6% 21.2% 36.2%
2010 39.5% 62.4% 23.7% 37.3%
2009 40.5% 64.7% 25% 36.2%
2008 39.9% 61.4% 21.4% 31%
2007 40.4% 63% 22.3% 32.2%
2006 42.6% 64.6% 20.5% 30.2%
2005 41.9% 67% 20.6% 28.7%
2004 39.7% 68% 19.4% 29.4%
2003 41.3% 71.5% 22.2% 29.8%
2002 44.5% 76.1% 19.7% 27.7%
2001 39.8% 67.3% 19.2% 25.4%
2000 34.5% 62.2% 17.8% 24.8%
1999 39.6% 44.5% 16.7% -
1998 40.9% 38.9% 16% -
1997 38.6% 31.8% - -
1996 38.2% 30.7% - -
1995 - 28% - -
1994 - 30% - -
1993 - 32.6% - -
1992 - 37.1% - -
1991 - 38.1% - -
1990 - 40.6% - -
1989 - 40.2% - -
1988 - 46.9% - -
1987 - 50.3% - -
1986 11.7% 49.4% - -
1985 11.1% 52.6% - -
1984 10% 55.8% - -
1983 9.7% 51.5% - -
1982 8.1% 32.8% - -
1981 7.8% 34.6% - -
1980 6.8% 39.7% - -
1979 9% 36.6% - -
1978 10.2% 37% - -
1977 10.4% 31% - -
1976 10.6% 31.8% - -
1975 10.7% 27.7% - -
1974 10.5% 25.7% - -
1973 11% 22.4% - -
1972 12.6% 22.5% - -
1971 11.7% 17.9% - -
1970 11.4% 17% - -
1969 11.2% 16.5% - -
1968 14.4% 15.8% - -
1967 13.5% 13.8% - -
1966 14.6% 19.6% - -
1965 14% 17.6% - -
1964 25.4% 22.2% - -
1963 22.8% 20.4% - -
1962 23.1% 23.7% - -
1961 12% 25.7% - -
1960 13.7% 22.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

GeoRank.org/economy/brazil/vietnam | CC BY

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Vietnam spent $91.1B, or 19.1% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 31.3% in Vietnam, ranking 38/185 and 156/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Vietnam
1x
Year Deficit/surplus, % of GDP
Brazil Vietnam
2024 -6.19% -1.54%
2023 -7.71% -1.72%
2022 -3.96% 0.67%
2021 -2.63% -1.43%
2020 -11.6% -2.86%
2019 -4.86% -0.4%
2018 -6.99% -1.02%
2017 -7.97% -1.96%
2016 -7.99% -3.16%
2015 -9.28% -4.98%
2014 -6.27% -5.02%
2013 -3.42% -5.96%
2012 -2.35% -5.46%
2011 -2.74% -0.9%
2010 -3.55% -2.25%
2009 -4.23% -4.82%
2008 -2.39% -0.45%
2007 -2.66% -1.74%
2006 -4.87% 0.2%
2005 -3.36% -0.95%
2004 -2.95% -0.15%
2003 -5.4% -2.56%
2002 -4.15% -1.85%
2001 -3.47% -2.19%
2000 -3.32% -1.61%
1999 -5.17% -1.25%
1998 -7.22% -0.1%
1997 -5.6% -
1996 -5.35% -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 -1.6% -
1985 -1.3% -
1984 -0.4% -
1983 0.1% -
1982 1.4% -
1981 1% -
1980 2.5% -
1979 0.4% -
1978 -0.1% -
1977 0.1% -
1976 0.1% -
1975 0% -
1974 0.6% -
1973 0.1% -
1972 -0.1% -
1971 -0.3% -
1970 -0.4% -
1969 -0.6% -
1968 -1.6% -
1967 -2.1% -
1966 -1.3% -
1965 -2% -
1964 -8.79% -
1963 -5.78% -
1962 -6.82% -
1961 -2.93% -
1960 -3.85% -
1959 -0.18% -
1958 -0.76% -
1957 -0.29% -
1956 -0.14% -
1955 -0.62% -
1954 -0.49% -
1953 -1.26% -
1952 0.64% -
1951 0.87% -
1950 -1.58% -
1949 -1.22% -
1948 0.002% -
1947 0.25% -
1946 -1.78% -
1945 -2.87% -
1944 -2.37% -
1943 -0.75% -
1942 -2.55% -
1941 -2.15% -
1940 -1.13% -
1939 -1.2% -
1938 -0.59% -
1937 -1.62% -
1936 -0.27% -
1935 -0.5% -
1934 -2.28% -
1933 -1.56% -
1932 -6.47% -
1931 -1.56% -
1930 -3.58% -
1929 -0.09% -
1928 0.57% -
1927 0.12% -
1926 -0.76% -
1925 -0.07% -
1924 -0.45% -
1923 -1.94% -
1922 -3.8% -
1921 -2.98% -
1920 -3.11% -
1919 -3.69% -
1918 -4.51% -
1917 -4.8% -
1916 -4.35% -
1915 -6.33% -
1914 -7.32% -
1913 -1.91% -
1912 -3.05% -
1911 -2.15% -
1910 -2.06% -
1909 -1.62% -
1908 -1.89% -
1907 0.38% -
1906 0.28% -
1905 0.96% -
1904 -0.62% -
1903 1.79% -
1902 1.59% -
1901 -2.46% -
1900 -5.57% -
1899 -2.13% -
1898 -14% -
1897 -2.38% -
1896 -0.79% -
1895 -1.33% -
1894 -4.11% -
1893 -1.77% -
1892 -2.6% -
1891 0.51% -
1890 -3.02% -
1889 -3.79% -
1888 0.63% -
1887 -0.76% -
1886 -3.8% -
1885 -5.71% -
1884 -3.89% -
1883 -3.33% -
1882 -1.58% -
1881 -1.9% -
1880 -4.84% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/vietnam | CC BY

In 2024, Brazil's government deficit, the difference between spending and revenue, was $135B, equivalent to 6.19% of GDP. This compares to Vietnam's deficit of $7.32B, or 1.54% of GDP.

Over the past 27 years, Brazil recorded a fiscal deficit in 27 of those years, while Vietnam ran a deficit in 25 years. On average, Brazil posted an annual deficit equal to 5.07% of GDP, compared to deficit of 2.05% of GDP for Vietnam.

Inflation comparison by year

Inflation
Brazil

Vietnam
1x
Year Consumer prices inflation
Brazil Vietnam
2024 4.4% 3.6%
2023 4.6% 3.3%
2022 9.3% 3.2%
2021 8.3% 1.8%
2020 3.2% 3.2%
2019 3.7% 2.8%
2018 3.7% 3.5%
2017 3.4% 3.5%
2016 8.7% 2.7%
2015 9% 0.6%
2014 6.3% 4.1%
2013 6.2% 6.6%
2012 5.4% 9.1%
2011 6.6% 18.7%
2010 5% 9.1%
2009 4.9% 6.7%
2008 5.7% 23.3%
2007 3.6% 8.4%
2006 4.2% 7.7%
2005 6.9% 8.3%
2004 6.6% 7.8%
2003 14.7% 3.1%
2002 8.4% 3.8%
2001 6.8% -0.4%
2000 7% -1.8%
1999 4.9% 4.1%
1998 3.2% 8.1%
1997 6.9% 3.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/vietnam | CC BY

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 5.64% in Vietnam. In 2024, inflation was 4.4% in Brazil and 3.6% in Vietnam.

Top exports between countries

Brazil
Export category Export value
Raw agricultural goods $1.9B
Textiles & consumer goods $1.02B
Processed food, beverages & tobacco $597M
Animal & marine products $303M
Wood & paper products $121M
Chemicals & pharma $58.6M
Machinery & equipment $47M
Raw materials & minerals $29.2M
Metals $8.08M
Precious metals & jewellery $365K
Vietnam
Export category Export value
Machinery & equipment $1.28B
Textiles & consumer goods $348M
Raw materials & minerals $345M
Metals $247M
Animal & marine products $113M
Chemicals & pharma $60.6M
Raw agricultural goods $13.4M
Miscellaneous $11.7M
Processed food, beverages & tobacco $10.9M
Wood & paper products $7.74M

Balance of trade

Brazil Vietnam
Current account balance
-$66.2B
2024
$28B
2024
Current account balance ranking
188/190
2024
18/190
2024
Current account balance, % of GDP
-3.03%
2024
+5.89%
2024
Goods imports
$274B
2024
$362B
2024
Goods exports
$340B
2024
$406B
2024
Service imports
$103B
2024
$36.2B
2024
Service exports
$48.1B
2024
$23.9B
2024
Imports of goods and services, % of GDP
17.6%
2024
83.7%
2024
Exports of goods and services, % of GDP
17.9%
2024
90.2%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Brazil Vietnam
Economic freedom 52.4 64.4
Economic freedom ranking 148/197 73/197
Property rights 49.2 47.3
Government integrity 37.2 39.2
Judicial effectiveness 55.6 31.3
Tax burden 70.6 80.9
Government spending 39.8 89.5
Fiscal health 28 96.9
Business freedom 65.7 70
Labor freedom 57 54.7
Monetary freedom 76 73.2
Trade freedom 69 79.8
Investment freedom 40 60
Financial freedom 40 50

Economic freedom comparison by year

Brazil
Vietnam
1x
Year Economic freedom index
Brazil Vietnam
2026 52.4 64.4
2025 55.1 65.2
2024 53.2 62.8
2023 53.5 61.8
2022 53.3 60.6
2021 53.4 61.7
2020 53.7 58.8
2019 51.9 55.3
2018 51.4 53.1
2017 52.9 52.4
2016 56.5 54
2015 56.6 51.7
2014 56.9 50.8
2013 57.7 51
2012 57.9 51.3
2011 56.3 51.6
2010 55.6 49.8
2009 56.7 51
2008 56.2 50.4
2007 56.2 49.8
2006 60.9 50.5
2005 61.7 48.1
2004 62 46.1
2003 63.4 46.2
2002 61.5 45.6
2001 61.9 44.3
2000 61.1 43.7
1999 61.3 42.7
1998 52.3 40.4
1997 52.6 38.6
1996 48.1 40.2
1995 51.4 41.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/brazil/vietnam | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Vietnam
Services, % of GDP
59.2%
2024
42.4%
2024
Industry, % of GDP
20.9%
2024
37.6%
2024
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
11.9%
2024
GNI, Atlas method
$2.11T
2024
$454B
2024
GNI per capita, PPP
$21,590
2024
$15,850
2024
Total reserves including gold
$330B
2024
$83.1B
2024
Total reserves ranking
11/177
2024
30/177
2024
Net foreign direct investment
-$47.8B
2024
-$19.6B
2024
Net inflows of foreign direct investment
$74.1B
2024
$20.2B
2024
Net outflows of foreign direct investment
$26.3B
2024
$600M
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
7.29%
2024
Poverty at national poverty lines
4.2%
2020
4.2%
2022
Gross capital formation, % of GDP
17%
2024
30.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/brazil/vietnam | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.