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Economy of France vs Vietnam compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $476B for Vietnam, ranking 7/197 and 33/197 by economy size, respectively.

France has $3.58T in government debt (113.1% of GDP), compared to $149B (31.3% of GDP) in Vietnam.

France vs Vietnam GDP by year

France
Vietnam
1x
Year GDP, current $
France Vietnam
2024 $3,160,442,622,465 $476,388,230,307
2023 $3,056,250,648,138 $433,857,681,378
2022 $2,794,788,137,067 $413,445,230,669
2021 $2,966,433,692,008 $366,474,752,771
2020 $2,647,926,055,110 $346,615,738,538
2019 $2,722,793,515,172 $334,365,270,497
2018 $2,781,576,320,884 $310,106,478,395
2017 $2,588,868,323,335 $281,353,605,987
2016 $2,470,407,619,777 $257,096,001,178
2015 $2,442,483,452,643 $239,258,328,382
2014 $2,861,236,112,552 $233,451,469,643
2013 $2,816,077,607,875 $213,708,811,665
2012 $2,683,007,095,787 $195,590,661,129
2011 $2,870,408,553,990 $172,595,049,184
2010 $2,646,230,027,988 $147,201,173,197
2009 $2,700,075,882,519 $106,014,659,565
2008 $2,926,802,941,586 $99,130,304,099
2007 $2,655,816,911,867 $77,414,425,532
2006 $2,317,861,544,691 $66,371,664,817
2005 $2,192,146,403,028 $57,633,255,738
2004 $2,109,792,297,237 $45,427,854,693
2003 $1,835,095,983,049 $39,552,513,232
2002 $1,492,427,756,382 $35,064,105,501
2001 $1,370,376,677,299 $32,685,198,809
2000 $1,360,959,069,477 $31,172,518,403
1999 $1,486,915,879,702 $28,683,659,007
1998 $1,496,906,382,032 $27,209,602,050
1997 $1,449,392,222,971 $26,843,700,442
1996 $1,598,889,216,566 $24,657,470,575
1995 $1,595,219,345,512 $20,736,164,459
1994 $1,385,822,778,828 $16,286,433,533
1993 $1,314,383,368,080 $13,180,953,598
1992 $1,389,663,073,110 $9,866,990,236
1991 $1,258,961,748,634 $9,613,369,520
1990 $1,257,649,439,827 $6,471,740,806
1989 $1,016,742,237,302 $6,293,304,975
1988 $1,010,827,662,152 $25,423,812,649
1987 $926,320,855,615 $36,658,108,850
1986 $764,946,585,851 $26,336,616,250
1985 $547,220,981,165 $14,094,687,821
1984 $525,033,325,828 -
1983 $553,356,312,936 -
1982 $578,152,310,610 -
1981 $609,184,791,792 -
1980 $694,529,183,483 -
1979 $608,218,624,730 -
1978 $501,724,418,605 -
1977 $406,401,711,688 -
1976 $368,363,152,144 -
1975 $357,324,307,786 -
1974 $282,739,225,314 -
1973 $261,970,536,240 -
1972 $201,738,881,664 -
1971 $164,694,210,962 -
1970 $147,312,861,698 -
1969 $140,660,914,841 -
1968 $128,710,572,572 -
1967 $118,088,635,381 -
1966 $109,306,730,313 -
1965 $100,927,668,584 -
1964 $93,424,179,943 -
1963 $84,227,606,650 -
1962 $75,196,980,365 -
1961 $67,158,050,215 -
1960 $61,959,085,885 -

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

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

GDP per capita in France vs Vietnam by year

France
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $46,103 $62,557 $4,717 $16,386
2023 $44,700 $60,839 $4,323 $15,034
2022 $40,989 $57,043 $4,148 $13,905
2021 $43,725 $52,517 $3,704 $12,049
2020 $39,170 $49,482 $3,534 $11,609
2019 $40,408 $51,130 $3,441 $11,029
2018 $41,418 $46,381 $3,222 $10,010
2017 $38,687 $44,469 $2,956 $9,170
2016 $37,024 $42,880 $2,735 $8,375
2015 $36,702 $40,905 $2,578 $7,672
2014 $43,148 $40,218 $2,546 $7,297
2013 $42,669 $39,583 $2,360 $6,758
2012 $40,864 $37,671 $2,185 $6,377
2011 $43,930 $37,510 $1,951 $5,786
2010 $40,695 $35,908 $1,683 $5,389
2009 $41,728 $34,685 $1,226 $5,061
2008 $45,465 $35,053 $1,164 $4,844
2007 $41,486 $34,066 $926 $4,581
2006 $36,432 $32,424 $808 $4,237
2005 $34,696 $30,431 $711 $3,894
2004 $33,645 $28,921 $565 $3,543
2003 $29,480 $28,024 $497 $3,240
2002 $24,145 $28,350 $445 $3,002
2001 $22,332 $27,347 $419 $2,809
2000 $22,341 $26,007 $404 $2,614
1999 $24,576 $24,204 $376 $2,421
1998 $24,869 $23,263 $361 $2,308
1997 $24,169 $22,190 $362 $2,189
1996 $26,758 $21,268 $337 $2,019
1995 $26,792 $20,701 $287.8 $1,841
1994 $23,360 $19,892 $229.9 $1,674
1993 $22,239 $19,094 $189.4 $1,534
1992 $23,615 $18,801 $144.5 $1,413
1991 $21,501 $18,198 $143.7 $1,298
1990 $21,586 $17,475 $98.8 $1,210
1989 $17,547 - $98.1 -
1988 $17,550 - $405 -
1987 $16,176 - $595 -
1986 $13,430 - $436 -
1985 $9,657 - $238.6 -
1984 $9,312 - - -
1983 $9,862 - - -
1982 $10,360 - - -
1981 $10,956 - - -
1980 $12,565 - - -
1979 $11,063 - - -
1978 $9,167 - - -
1977 $7,459 - - -
1976 $6,792 - - -
1975 $6,617 - - -
1974 $5,261 - - -
1973 $4,907 - - -
1972 $3,809 - - -
1971 $3,137 - - -
1970 $2,833 - - -
1969 $2,729 - - -
1968 $2,518 - - -
1967 $2,328 - - -
1966 $2,173 - - -
1965 $2,024 - - -
1964 $1,891 - - -
1963 $1,723 - - -
1962 $1,554 - - -
1961 $1,402 - - -
1960 $1,307 - - -

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

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

France's GDP per capita is $46,103, ranking 27/197, compared to $4,717 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Vietnam ranks 108th at $16,386.

Economic indicators

France Vietnam
Gross domestic product
$3.16T
2024
$476B
2024
GDP rank
7/197
2024
33/197
2024
GDP growth
1.19%
2023-2024
7.09%
2023-2024
GDP per capita
$46,103
2024
$4,717
2024
GDP per capita rank
27/197
2024
122/197
2024
GDP per capita, PPP
$62,557
2024
$16,386
2024
GDP per capita PPP rank
30/197
2024
108/197
2024
Government debt
$3.58T
2024
$149B
2024
Debt-to-GDP ratio
113.1%
2024
31.3%
2024
Government debt per person
$52,165
2024
$1,475
2024
Government debt per person rank
8/185
2024
132/185
2024
Average annual personal income after taxes
$35,669
2026
$4,020
2026
Market capitalization of domestic companies
$2.37T
2018
$205B
2024
Number of millionaires
2,897,000
2025
n/a
Number of billionaires
52
2025
5
2025
Income share by richest 10%
25%
2023
28.1%
2022
Income share by poorest 10%
3%
2023
2.6%
2022
Government expenditure, % of GDP
57.2%
2024
19.1%
2024
Consumer prices inflation
2%
2023-2024
3.6%
2023-2024
Central bank interest rate n/a
4.5%
2023
Unemployment rate
7.44%
2024
1.53%
2024
Population
68788006
102365351

Spending and national debt comparison by year

France
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
France Vietnam
Government spending Government debt Government spending Government debt
2024 57.2% 113.1% 19.1% 31.3%
2023 56.8% 109.6% 18.8% 34.3%
2022 58.4% 111.4% 18.2% 34.9%
2021 59.5% 112.8% 20.1% 39.2%
2020 61.7% 114.9% 21.3% 41.3%
2019 55.3% 98.1% 19.8% 41%
2018 56.4% 98.5% 20.5% 43.8%
2017 57.7% 98.7% 21.5% 46.6%
2016 57.4% 98.1% 22.2% 47.9%
2015 57.6% 96.9% 24.2% 46.1%
2014 58.4% 96.1% 22.8% 43.6%
2013 58.6% 94.5% 24.5% 41.4%
2012 57.9% 91.7% 23.5% 38.3%
2011 57% 88.7% 21.2% 36.2%
2010 57.7% 86.3% 23.7% 37.3%
2009 58% 84.1% 25% 36.2%
2008 54.3% 69.8% 21.4% 31%
2007 53.6% 65.5% 22.3% 32.2%
2006 53.7% 65.4% 20.5% 30.2%
2005 54.3% 68.2% 20.6% 28.7%
2004 54% 66.9% 19.4% 29.4%
2003 54.4% 65.4% 22.2% 29.8%
2002 53.9% 61.3% 19.7% 27.7%
2001 52.8% 59.3% 19.2% 25.4%
2000 52.6% 59.7% 17.8% 24.8%
1999 53.7% 61.4% 16.7% -
1998 54% 62.1% 16% -
1997 55.6% 62% - -
1996 56% 60.6% - -
1995 56% 57.8% - -
1994 55.9% 51.6% - -
1993 56.5% 48.2% - -
1992 54% 41.7% - -
1991 52.7% 37.8% - -
1990 51.6% 36.8% - -
1989 48.9% 34% - -
1988 50.1% 33.3% - -
1987 50.7% 33.4% - -
1986 51.3% 31.1% - -
1985 51.9% 30.6% - -
1984 51.2% 29% - -
1983 50.2% 26.6% - -
1982 49.9% 25.3% - -
1981 48.5% 22% - -
1980 46% 20.7% - -
1979 44.9% 21.1% - -
1978 44.7% 21.2% - -
1977 21.4% 15% - -
1976 21.7% 15.1% - -
1975 22% 16.1% - -
1974 19.9% 15.4% - -
1973 19.7% 15.8% - -
1972 19.8% 17.7% - -
1971 20% 20.1% - -
1970 20.5% 21% - -
1969 21.5% 14.4% - -
1968 22.7% 15.8% - -
1967 21.4% 16.1% - -
1966 21.4% 15.3% - -
1965 21.1% 17.6% - -
1964 21% 19.6% - -
1963 22.6% 22.2% - -
1962 21.7% 23.6% - -
1961 21.9% 26.3% - -
1960 22.2% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, France's government spending was $1.81T, accounting for 57.2% of its GDP, while Vietnam spent $91.1B, or 19.1% of GDP.

Debt-to-GDP ratio is 113.1% in France and 31.3% in Vietnam, ranking 14/185 and 156/185, respectively.

Government deficit by year

Deficit/surplus
France

Vietnam
1x
Year Deficit/surplus, % of GDP
France Vietnam
2024 -5.77% -1.54%
2023 -5.44% -1.72%
2022 -4.74% 0.67%
2021 -6.58% -1.43%
2020 -8.93% -2.86%
2019 -2.39% -0.4%
2018 -2.32% -1.02%
2017 -3.36% -1.96%
2016 -3.76% -3.16%
2015 -3.89% -4.98%
2014 -4.57% -5.02%
2013 -4.94% -5.96%
2012 -5.17% -5.46%
2011 -5.3% -0.9%
2010 -7.16% -2.25%
2009 -7.38% -4.82%
2008 -3.5% -0.45%
2007 -2.99% -1.74%
2006 -2.66% 0.2%
2005 -3.5% -0.95%
2004 -3.55% -0.15%
2003 -4.09% -2.56%
2002 -3.18% -1.85%
2001 -1.42% -2.19%
2000 -1.32% -1.61%
1999 -1.55% -1.25%
1998 -2.39% -0.1%
1997 -3.71% -
1996 -3.89% -
1995 -5.11% -
1994 -5.46% -
1993 -6.4% -
1992 -4.64% -
1991 -2.89% -
1990 -2.45% -
1989 -1.9% -
1988 -2.7% -
1987 -2.13% -
1986 -3.3% -
1985 -3.08% -
1984 -2.8% -
1983 -2.58% -
1982 -2.91% -
1981 -2.39% -
1980 -0.27% -
1979 -0.36% -
1978 -1.73% -
1977 0.9% -
1976 1.01% -
1975 -0.28% -
1974 3.05% -
1973 1.97% -
1972 1.94% -
1971 -0.13% -
1970 0.02% -
1969 -0.49% -
1968 -2.54% -
1967 -0.8% -
1966 -0.57% -
1965 -0.07% -
1964 -0.25% -
1963 -2.24% -
1962 -1.53% -
1961 -1.36% -
1960 -1.95% -
1959 0.56% -
1958 0.08% -
1957 -1.99% -
1956 -2.62% -
1955 -1.04% -
1954 -0.78% -
1953 -4.79% -
1952 -6.82% -
1951 -4.42% -
1950 -5.56% -
1949 -7.31% -
1948 -9.11% -
1947 -7.6% -
1946 -8.1% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -6.89% -
1936 -4.76% -
1935 -4.22% -
1934 -4.31% -
1933 -4.96% -
1932 -1.86% -
1931 -2.06% -
1930 -1.65% -
1929 1.48% -
1928 1.13% -
1927 -0.04% -
1926 -0.02% -
1925 -0.87% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.05% -
1912 0.23% -
1911 0.31% -
1910 -0.12% -
1909 -0.11% -
1908 -0.15% -
1907 0.23% -
1906 -0.04% -
1905 0.18% -
1904 0.3% -
1903 0.21% -
1902 -0.37% -
1901 -0.39% -
1900 0.21% -
1899 0.21% -
1898 0.29% -
1897 0.01% -
1896 -0.03% -
1895 -0.07% -
1894 -0.08% -
1893 -0.3% -
1892 -0.03% -
1891 0.36% -
1890 0.31% -
1889 0.09% -
1888 0.18% -
1887 -0.07% -
1886 -0.5% -
1885 -0.59% -
1884 -0.35% -
1883 -0.23% -
1882 -0.15% -
1881 0.64% -
1880 0.65% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, France's government deficit, the difference between spending and revenue, was $182B, equivalent to 5.77% of GDP. This compares to Vietnam's deficit of $7.32B, or 1.54% of GDP.

Over the past 27 years, France recorded a fiscal deficit in 27 of those years, while Vietnam ran a deficit in 25 years. On average, France posted an annual deficit equal to 4.14% of GDP, compared to deficit of 2.05% of GDP for Vietnam.

Inflation comparison by year

Inflation
France

Vietnam
1x
Year Consumer prices inflation
France Vietnam
2024 2% 3.6%
2023 4.88% 3.3%
2022 5.22% 3.2%
2021 1.64% 1.8%
2020 0.48% 3.2%
2019 1.11% 2.8%
2018 1.85% 3.5%
2017 1.03% 3.5%
2016 0.18% 2.7%
2015 0.04% 0.6%
2014 0.51% 4.1%
2013 0.86% 6.6%
2012 1.95% 9.1%
2011 2.11% 18.7%
2010 1.53% 9.1%
2009 0.09% 6.7%
2008 2.81% 23.3%
2007 1.49% 8.4%
2006 1.68% 7.7%
2005 1.75% 8.3%
2004 2.14% 7.8%
2003 2.1% 3.1%
2002 1.92% 3.8%
2001 1.63% -0.4%
2000 1.68% -1.8%
1999 0.54% 4.1%
1998 0.65% 8.1%
1997 1.2% 3.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, France has recorded an average annual inflation rate of 1.61%, compared with 5.64% in Vietnam. In 2024, inflation was 2% in France and 3.6% in Vietnam.

Top exports between countries

France
Export category Export value
Chemicals & pharma $569M
Machinery & equipment $502M
Textiles & consumer goods $126M
Processed food, beverages & tobacco $119M
Wood & paper products $75.9M
Animal & marine products $63.6M
Precious metals & jewellery $48.8M
Raw agricultural goods $43.5M
Metals $43M
Raw materials & minerals $29.3M
Vietnam
Export category Export value
Textiles & consumer goods $1.27B
Machinery & equipment $1.21B
Raw agricultural goods $145M
Metals $106M
Chemicals & pharma $84.8M
Raw materials & minerals $78M
Processed food, beverages & tobacco $74M
Animal & marine products $54.7M
Precious metals & jewellery $41M
Wood & paper products $38.3M

Balance of trade

France Vietnam
Current account balance
$2.69B
2024
$28B
2024
Current account balance ranking
42/190
2024
18/190
2024
Current account balance, % of GDP
+0.09%
2024
+5.89%
2024
Goods imports
$733B
2024
$362B
2024
Goods exports
$668B
2024
$406B
2024
Service imports
$341B
2024
$36.2B
2024
Service exports
$403B
2024
$23.9B
2024
Imports of goods and services, % of GDP
34.2%
2024
83.7%
2024
Exports of goods and services, % of GDP
33.9%
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.

France Vietnam
Economic freedom 64.6 64.4
Economic freedom ranking 72/197 73/197
Property rights 91.2 47.3
Government integrity 73.4 39.2
Judicial effectiveness 84.7 31.3
Tax burden 54.6 80.9
Government spending 0.9 89.5
Fiscal health 34.8 96.9
Business freedom 78.4 70
Labor freedom 59.1 54.7
Monetary freedom 73.2 73.2
Trade freedom 79.4 79.8
Investment freedom 75 60
Financial freedom 70 50

Economic freedom comparison by year

France
Vietnam
1x
Year Economic freedom index
France Vietnam
2026 64.6 64.4
2025 64.4 65.2
2024 62.5 62.8
2023 63.6 61.8
2022 65.9 60.6
2021 65.7 61.7
2020 66 58.8
2019 63.8 55.3
2018 63.9 53.1
2017 63.3 52.4
2016 62.3 54
2015 62.5 51.7
2014 63.5 50.8
2013 64.1 51
2012 63.2 51.3
2011 64.6 51.6
2010 64.2 49.8
2009 63.3 51
2008 64.7 50.4
2007 62.1 49.8
2006 61.1 50.5
2005 60.5 48.1
2004 60.9 46.1
2003 59.2 46.2
2002 58 45.6
2001 58 44.3
2000 57.4 43.7
1999 59.1 42.7
1998 58.9 40.4
1997 59.1 38.6
1996 63.7 40.2
1995 64.4 41.7

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

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

The Economic Freedom Index for France is 64.6, ranking 72/197, 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

France Vietnam
Services, % of GDP
70.9%
2024
42.4%
2024
Industry, % of GDP
17.2%
2024
37.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.3%
2024
11.9%
2024
GNI, Atlas method
$3.1T
2024
$454B
2024
GNI per capita, PPP
$63,880
2024
$15,850
2024
Total reserves including gold
$283B
2024
$83.1B
2024
Total reserves ranking
13/177
2024
30/177
2024
Net foreign direct investment
-$10.3B
2024
-$19.6B
2024
Net inflows of foreign direct investment
$52.1B
2024
$20.2B
2024
Net outflows of foreign direct investment
$41.7B
2024
$600M
2024
Servicing debt to the IMF, % of GNI n/a
7.29%
2024
Poverty at national poverty lines
15.6%
2021
4.2%
2022
Gross capital formation, % of GDP
21.5%
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/france/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) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, 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)

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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.