The United Kingdom vs Vietnam: Economic Indicators Comparison

The United Kingdom with a GDP of $2.9T ranked the 5th largest economy in the world, while Vietnam ranked 47th with $245.2B. By GDP 5-years average growth and GDP per capita, the United Kingdom and Vietnam ranked 126th vs 17th and 23rd vs 138th, respectively.

Gross Domestic Product & Income

StatUnited KingdomVietnam
GDP$2.9T$245.2B
GDP growth, 1 year1.4%7.1%
GDP growth, 5-years average2.1%6.6%
Population66M94.7M
GDP per capita$43k$2.6k
GDP per capita growth0.73%6.02%
Purchasing Power Parity conversion factor0.77788.91
Price level ratio of PPP conversion factor GDP to market exchange rate0.930.34
GDP per capita, PPP adjusted$46k$7.5k
GNI, Atlas method$2.8T$225.9B
GNI per capita$42k$2.4k
GNI, PPP adjusted$3T$661.8B
GNI per capita, PPP adjusted$45k$6.9k

Financial system and Human development

StatUnited KingdomVietnam
Income Tax Rate45%35%
Corporate Tax Rate20%22%
Inflation, consumer prices2.5%3.5%
Inflation, GDP deflator1.9%3.4%
Unemployment4%1.9%
Economic Freedom Index79.358.8
Personal Freedom Index9.086.65
Human Freedom Index8.556.31
Property Rights Index92.252.6
Judical Effectiveness Index82.740.1
Business Freedom Index94.765.6
Fiscal Health Index78.158
Labor Freedom Index73.162.5
Investment Freedom Index8040
Financial Freedom Index8050
Trade Freedom Index86.479.6
Monetary Freedom Index80.368.2
Government Spending Index49.575.9
Tax Burden Index64.779.5
Government Integrity Index89.933.8
Corruption Perceptions Index8033
Life expectancy at birth, years81.275.2
Suicide mortality rate, per 100,000 people8.97.3
Mortality caused by road traffic injury, per 100,000 people3.126.4
Intentional homicides, per 100,000 people1.21.5
International tourism, number of arrivals36.3M15.5M

Government debt & reserves

StatUnited KingdomVietnam
Central government debt, % of GDP86.9%57.5%
External debt stocks, % of GNIN/A46.7%
External debt stocksN/A$108.1B
Short-term debt, % of total reservesN/A35.3%
Total debt service, % of exports and primary incomeN/A7.1%
Adjusted net savings including particulate emission damage, % of GNI5.5%13.4%
Gross savings, % of GDP13.4%22.6%
Gross capital formation, % of GDP17.3%26.5%
Total reserves including gold$172.7B$55.5B
Foreign direct investment net inflows$35.1B$15.5B

Exports, imports and economic structure

StatUnited KingdomVietnam
Exports of goods and services, % of GDP30%105.8%
Imports of goods and services, % of GDP31.8%102.5%
Current account balance (balance of payments)-$123.1B$5.9B
Revenue excluding grants, % of GDP35.3%N/A
Grants excluding technical cooperation, BoPN/A$411.2M
Personal remittances received$4.4B$15.9B
Industry including construction value added, % of GDP17.5%34.2%
Agriculture, forestry and fishing value added, % of GDP0.6%14.7%
Charges for the use of intellectual property, payments BoP$13.5BN/A
Charges for the use of intellectual property, receipts BoP$21.7BN/A
Expense, % of GDP36%N/A
Government Expenditure, % of GDP41%28.3%

Compare with countries close by GDP per capita

United Kingdom vs

CountryGDP
per capita
Population
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M

Vietnam vs

CountryGDP
per capita
Population
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M