North Macedonia vs Vietnam: Economic Indicators Comparison
Vietnam with a GDP of $245.2B ranked the 47th largest economy in the world, while North Macedonia ranked 135th with $12.7B. By GDP 5-years average growth and GDP per capita, Vietnam and North Macedonia ranked 17th vs 110th and 138th vs 100th, respectively.
Gross Domestic Product & Income
Stat | North Macedonia | Vietnam |
---|---|---|
GDP | $12.7B | $245.2B |
GDP growth, 1 year | 2.7% | 7.1% |
GDP growth, 5-years average | 2.6% | 6.6% |
Population | 2.1M | 94.7M |
GDP per capita | $6.1k | $2.6k |
GDP per capita growth | 2.62% | 6.02% |
Purchasing Power Parity conversion factor | 19.38 | 7788.91 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.37 | 0.34 |
GDP per capita, PPP adjusted | $16k | $7.5k |
GNI, Atlas method | $11.4B | $225.9B |
GNI per capita | $5.5k | $2.4k |
GNI, PPP adjusted | $32.6B | $661.8B |
GNI per capita, PPP adjusted | $16k | $6.9k |
Financial system and Human development
Stat | North Macedonia | Vietnam |
---|---|---|
Income Tax Rate | 10% | 35% |
Corporate Tax Rate | 10% | 22% |
Inflation, consumer prices | 1.5% | 3.5% |
Inflation, GDP deflator | 4.3% | 3.4% |
Unemployment | 21.6% | 1.9% |
Economic Freedom Index | 69.5 | 58.8 |
Personal Freedom Index | 8.17 | 6.65 |
Human Freedom Index | 7.55 | 6.31 |
Property Rights Index | 62.5 | 52.6 |
Judical Effectiveness Index | 42.7 | 40.1 |
Business Freedom Index | 80.6 | 65.6 |
Fiscal Health Index | 87.7 | 58 |
Labor Freedom Index | 67 | 62.5 |
Investment Freedom Index | 65 | 40 |
Financial Freedom Index | 60 | 50 |
Trade Freedom Index | 86.2 | 79.6 |
Monetary Freedom Index | 77.7 | 68.2 |
Government Spending Index | 71 | 75.9 |
Tax Burden Index | 91.5 | 79.5 |
Government Integrity Index | 42.2 | 33.8 |
Corruption Perceptions Index | 37 | 33 |
Life expectancy at birth, years | 75.6 | 75.2 |
Suicide mortality rate, per 100,000 people | 7.9 | 7.3 |
Mortality caused by road traffic injury, per 100,000 people | 6.4 | 26.4 |
Intentional homicides, per 100,000 people | 1.5 | 1.5 |
International tourism, number of arrivals | 707k | 15.5M |
Government debt & reserves
Stat | North Macedonia | Vietnam |
---|---|---|
Central government debt, % of GDP | 39.5% | 57.5% |
External debt stocks, % of GNI | 72% | 46.7% |
External debt stocks | $8.7B | $108.1B |
Short-term debt, % of total reserves | 40.9% | 35.3% |
Total debt service, % of exports and primary income | 16.6% | 7.1% |
Adjusted net savings including particulate emission damage, % of GNI | 15.4% | 13.4% |
Gross savings, % of GDP | 33% | 22.6% |
Gross capital formation, % of GDP | 33% | 26.5% |
Total reserves including gold | $3.3B | $55.5B |
Foreign direct investment net inflows | $648.7M | $15.5B |
Exports, imports and economic structure
Stat | North Macedonia | Vietnam |
---|---|---|
Exports of goods and services, % of GDP | 60.3% | 105.8% |
Imports of goods and services, % of GDP | 72.9% | 102.5% |
Current account balance (balance of payments) | -$25.6M | $5.9B |
Revenue excluding grants, % of GDP | 26.8% | N/A |
Grants excluding technical cooperation, BoP | $133.8M | $411.2M |
Personal remittances received | $344.5M | $15.9B |
Industry including construction value added, % of GDP | 23.6% | 34.2% |
Agriculture, forestry and fishing value added, % of GDP | 7.2% | 14.7% |
Charges for the use of intellectual property, payments BoP | $188.8M | N/A |
Charges for the use of intellectual property, receipts BoP | $11.8M | N/A |
Expense, % of GDP | 27.9% | N/A |
Government Expenditure, % of GDP | 31.1% | 28.3% |