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Economy of Tajikistan vs Vietnam compared: GDP & Debt

Updated on by Georank

Tajikistan has a GDP of $17.7B compared to $515B for Vietnam, ranking 140/197 and 33/197 by economy size, respectively.

Tajikistan has $3.82B in government debt (21.6% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Tajikistan vs Vietnam GDP by year

Tajikistan
Vietnam
1x
Year GDP, current $
Tajikistan Vietnam
2025 $17,660,626,562 $514,697,215,165
2024 $14,425,113,700 $476,324,572,784
2023 $12,244,169,293 $433,805,036,898
2022 $10,713,525,200 $413,445,230,669
2021 $8,937,805,347 $366,474,752,771
2020 $8,133,963,551 $346,615,738,538
2019 $8,300,813,599 $334,365,270,497
2018 $7,764,999,999 $310,106,478,395
2017 $7,536,402,853 $281,353,605,987
2016 $6,992,416,097 $257,096,001,178
2015 $8,271,431,485 $239,258,328,382
2014 $9,112,605,459 $233,451,469,643
2013 $8,448,411,318 $213,708,811,665
2012 $7,633,036,903 $195,590,661,129
2011 $6,522,756,255 $172,595,049,184
2010 $5,642,221,099 $147,201,173,197
2009 $4,979,472,364 $106,014,659,565
2008 $5,161,299,725 $99,130,304,099
2007 $3,719,524,541 $77,414,425,532
2006 $2,830,213,849 $66,371,664,817
2005 $2,312,352,021 $57,633,255,738
2004 $2,076,176,869 $45,427,854,693
2003 $1,555,318,261 $39,552,513,232
2002 $1,221,106,220 $35,064,105,501
2001 $1,080,772,551 $32,685,198,809
2000 $860,541,842 $31,172,518,403
1999 $1,086,612,290 $28,683,659,007
1998 $1,320,199,582 $27,209,602,050
1997 $921,518,033 $26,843,700,442
1996 $1,043,654,822 $24,657,470,575
1995 $1,231,561,860 $20,736,164,459
1994 $1,522,001,206 $16,286,433,533
1993 $1,646,623,195 $13,180,953,598
1992 $1,908,554,572 $9,866,990,236
1991 $2,536,585,366 $9,613,369,520
1990 $2,629,395,066 $6,471,740,806
1989 - $6,293,304,975
1988 - $25,423,812,649
1987 - $36,658,108,850
1986 - $26,336,616,250
1985 - $14,094,687,821

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08).

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

GDP per capita in Tajikistan vs Vietnam by year

Tajikistan
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Tajikistan Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,637 - $5,066 -
2024 $1,362 $5,406 $4,717 $16,386
2023 $1,178 $4,964 $4,323 $15,034
2022 $1,052 $4,514 $4,148 $13,905
2021 $897 $3,986 $3,704 $12,049
2020 $834 $3,654 $3,534 $11,609
2019 $871 $3,460 $3,441 $11,029
2018 $834 $3,069 $3,222 $10,010
2017 $829 $3,017 $2,956 $9,170
2016 $789 $2,914 $2,735 $8,375
2015 $957 $2,975 $2,578 $7,672
2014 $1,082 $3,152 $2,546 $7,297
2013 $1,028 $2,919 $2,360 $6,758
2012 $952 $2,679 $2,185 $6,377
2011 $834 $2,456 $1,951 $5,786
2010 $737 $2,291 $1,683 $5,389
2009 $665 $2,171 $1,226 $5,061
2008 $703 $2,120 $1,164 $4,844
2007 $517 $1,966 $926 $4,581
2006 $401 $1,810 $808 $4,237
2005 $334 $1,673 $711 $3,894
2004 $306 $1,550 $565 $3,543
2003 $233.6 $1,396 $497 $3,240
2002 $187 $1,257 $445 $3,002
2001 $168.7 $1,139 $419 $2,809
2000 $136.9 $1,036 $404 $2,614
1999 $175 $947 $376 $2,421
1998 $213.7 $905 $361 $2,308
1997 $150.1 $855 $362 $2,189
1996 $172 $836 $337 $2,019
1995 $207 $1,006 $287.8 $1,841
1994 $261.3 $1,148 $229.9 $1,674
1993 $287.6 $1,454 $189.4 $1,534
1992 $338 $1,721 $144.5 $1,413
1991 $458 $2,417 $143.7 $1,298
1990 $487 $2,583 $98.8 $1,210
1989 - - $98.1 -
1988 - - $405 -
1987 - - $595 -
1986 - - $436 -
1985 - - $238.6 -

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08).

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

Tajikistan's GDP per capita is $1,637, ranking 163/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Tajikistan ranks 157th at $5,406, while Vietnam ranks 108th at $16,386.

Economic indicators

Tajikistan Vietnam
Gross domestic product
$17.7B
2025
$515B
2025
GDP rank
140/197
2025
33/197
2025
GDP growth
8.4%
2024-2025
8.02%
2024-2025
GDP per capita
$1,637
2025
$5,066
2025
GDP per capita rank
163/197
2025
122/197
2025
GDP per capita, PPP
$5,406
2024
$16,386
2024
GDP per capita PPP rank
157/197
2024
108/197
2024
Government debt
$3.82B
2025
$156B
2025
Debt-to-GDP ratio
21.6%
2025
30.3%
2025
Government debt per person
$354
2025
$1,537
2025
Government debt per person rank
174/185
2025
130/185
2025
Average annual personal income after taxes
$1,705
2026
$5,133
2026
Market capitalization of domestic companies n/a
$316B
2025
Number of billionaires n/a
5
2026
Income share by richest 10%
28.2%
2024
28.1%
2022
Income share by poorest 10%
2.9%
2024
2.6%
2022
Government expenditure, % of GDP
29.3%
2025
22.1%
2025
Consumer prices inflation
3.4%
2024-2025
3.3%
2024-2025
Central bank interest rate
7%
2026
4.5%
2023
Unemployment rate
0.08%
2016
1.53%
2024
Population
11080415
102486146

Spending and national debt comparison by year

Tajikistan
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Tajikistan Vietnam
Government spending Government debt Government spending Government debt
2025 29.3% 21.6% 22.1% 30.3%
2024 27.2% 24.9% 19.1% 31.2%
2023 28% 29.9% 18.8% 34.3%
2022 27.4% 31.8% 18.2% 34.9%
2021 27.6% 42% 20.1% 39.2%
2020 29.2% 50.9% 21.3% 41.3%
2019 28.8% 43.2% 19.8% 41%
2018 30.9% 46.3% 20.5% 43.8%
2017 33.8% 46.3% 21.5% 46.6%
2016 32.7% 42.2% 22.2% 47.9%
2015 31.9% 35% 24.2% 46.1%
2014 27.5% 27.9% 22.8% 43.6%
2013 27.7% 29.3% 24.5% 41.4%
2012 24.7% 32.5% 23.5% 38.3%
2011 24.3% 35.5% 21.2% 36.2%
2010 25.9% 36.8% 23.7% 37.3%
2009 23.6% 36.9% 25% 36.2%
2008 20.2% 30.2% 21.4% 31%
2007 20.3% 34.3% 22.3% 32.2%
2006 21.6% 36.8% 20.5% 30.2%
2005 22.9% 45.8% 20.6% 28.7%
2004 20.2% 49.4% 19.4% 29.4%
2003 19.1% 69.8% 22.2% 29.8%
2002 19.1% 98.3% 19.7% 27.7%
2001 17.3% 99.4% 19.2% 25.4%
2000 18.1% 111.4% 17.8% 24.8%
1999 17.5% 107.8% 16.7% -
1998 17.1% 96.6% 16% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

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

In 2025, Tajikistan's government spending was $5.17B, accounting for 29.3% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 21.6% in Tajikistan and 30.3% in Vietnam, ranking 171/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Tajikistan

Vietnam
1x
Year Deficit/surplus, % of GDP
Tajikistan Vietnam
2025 -1.79% -2.2%
2024 0.32% -1.54%
2023 -0.92% -1.72%
2022 -0.23% 0.67%
2021 -0.64% -1.43%
2020 -4.34% -2.86%
2019 -2.04% -0.4%
2018 -2.69% -1.02%
2017 -5.65% -1.96%
2016 -2.91% -3.16%
2015 -1.96% -4.98%
2014 0.92% -5.02%
2013 -0.73% -5.96%
2012 0.41% -5.46%
2011 0.6% -0.9%
2010 -2.71% -2.25%
2009 -0.2% -4.82%
2008 1.94% -0.45%
2007 2.13% -1.74%
2006 2% 0.2%
2005 -2.83% -0.95%
2004 -2.32% -0.15%
2003 -1.74% -2.56%
2002 -2.4% -1.85%
2001 -2.11% -2.19%
2000 -4.51% -1.61%
1999 -4.03% -1.25%
1998 -5.09% -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

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

In 2025, Tajikistan's government deficit, the difference between spending and revenue, was $316M, equivalent to 1.79% of GDP. This compares to Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Tajikistan recorded a fiscal deficit in 21 of those years, while Vietnam ran a deficit in 26 years. On average, Tajikistan posted an annual deficit equal to 1.55% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Tajikistan

Vietnam
1x
Year Consumer prices inflation
Tajikistan Vietnam
2025 3.4% 3.3%
2024 3.5% 3.6%
2023 3.7% 3.3%
2022 6.6% 3.2%
2021 9% 1.8%
2020 8.6% 3.2%
2019 7.8% 2.8%
2018 3.8% 3.5%
2017 7.3% 3.5%
2016 5.9% 2.7%
2015 5.8% 0.6%
2014 6.1% 4.1%
2013 5% 6.6%
2012 5.8% 9.1%
2011 12.4% 18.7%
2010 6.5% 10.5%
2009 6.4% 6.7%
2008 20.4% 23.1%
2007 13.2% 8.3%
2006 10% 7.5%
2005 7.3% 8.4%
2004 7.2% 7.9%
2003 16.4% 3.3%
2002 12.2% 4.1%
2001 38.6% -0.3%
2000 32.9% -1.8%
1999 27.5% 4.1%
1998 43.2% 7.2%
1997 88% 3.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Tajikistan has recorded an average annual inflation rate of 14.6%, compared with 5.59% in Vietnam. In 2025, inflation was 3.4% in Tajikistan and 3.3% in Vietnam.

Top exports between countries

Tajikistan
Export category Export value
Raw materials & minerals $4.07M
Animal & marine products $18K
Raw agricultural goods $1K
Vietnam
Export category Export value

Balance of trade

Tajikistan Vietnam
Current account balance
$3.02B
2025
$30.2B
2024
Current account balance ranking
38/190
2025
18/190
2024
Current account balance, % of GDP
+17.1%
2025
+6.33%
2024
Goods imports
$7.45B
2025
$363B
2024
Goods exports
$1.95B
2025
$407B
2024
Service imports
$1.14B
2025
$35.6B
2024
Service exports
$168M
2025
$25B
2024
Imports of goods and services, % of GDP
47.9%
2024
92.1%
2025
Exports of goods and services, % of GDP
11.2%
2024
98.2%
2025

Economic freedom indices

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

Tajikistan Vietnam
Economic freedom 52.5 64.4
Economic freedom ranking 147/197 73/197
Property rights 28.4 47.3
Government integrity 18.5 39.2
Judicial effectiveness 10.1 31.3
Tax burden 94.2 80.9
Government spending 77 89.5
Fiscal health 98.6 96.9
Business freedom 60.6 70
Labor freedom 43.4 54.7
Monetary freedom 72.6 73.2
Trade freedom 72.2 79.8
Investment freedom 25 60
Financial freedom 30 50

Economic freedom comparison by year

Tajikistan
Vietnam
1x
Year Economic freedom index
Tajikistan Vietnam
2026 52.5 64.4
2025 51.5 65.2
2024 51.3 62.8
2023 50.6 61.8
2022 49.7 60.6
2021 55.2 61.7
2020 52.2 58.8
2019 55.6 55.3
2018 58.3 53.1
2017 58.2 52.4
2016 51.3 54
2015 52.7 51.7
2014 52 50.8
2013 53.4 51
2012 53.4 51.3
2011 53.5 51.6
2010 53 49.8
2009 54.6 51
2008 54.4 50.4
2007 53.6 49.8
2006 52.6 50.5
2005 50.4 48.1
2004 48.7 46.1
2003 46.5 46.2
2002 47.3 45.6
2001 46.8 44.3
2000 44.8 43.7
1999 41.2 42.7
1998 41.1 40.4
1997 - 38.6
1996 - 40.2
1995 - 41.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Tajikistan is 52.5, ranking 147/197, 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

Tajikistan Vietnam
Services, % of GDP
36.5%
2024
42.7%
2025
Industry, % of GDP
32.4%
2024
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
23.1%
2024
11.6%
2025
GNI, Atlas method
$22.4B
2025
$505B
2025
GNI per capita, PPP
$8,240
2025
$17,580
2025
Total reserves including gold
$4.31B
2025
$85.6B
2025
Total reserves ranking
109/177
2025
33/177
2025
Net foreign direct investment
$8.2M
2025
-$19.6B
2024
Net inflows of foreign direct investment
$291M
2024
$20.2B
2024
Net outflows of foreign direct investment
$101M
2024
$600M
2024
Servicing debt to the IMF, % of GNI
3.04%
2024
7.29%
2024
Poverty at national poverty lines
19.8%
2024
4.2%
2022
Gross capital formation, % of GDP
32.4%
2024
30.8%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2024, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.