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Economy of Vatican vs Vietnam compared: GDP & Debt

Updated on by Georank

The Vatican has a GDP of $19.8M compared to $515B for Vietnam, ranking 197/197 and 33/197 by economy size, respectively.

Vatican vs Vietnam GDP by year

Vatican
Vietnam
1x
Year GDP, current $
Vatican Vietnam
2025 - $514,697,215,165
2024 - $476,324,572,784
2023 - $433,805,036,898
2022 - $413,445,230,669
2021 - $366,474,752,771
2020 - $346,615,738,538
2019 - $334,365,270,497
2018 - $310,106,478,395
2017 - $281,353,605,987
2016 - $257,096,001,178
2015 - $239,258,328,382
2014 - $233,451,469,643
2013 - $213,708,811,665
2012 - $195,590,661,129
2011 - $172,595,049,184
2010 - $147,201,173,197
2009 - $106,014,659,565
2008 - $99,130,304,099
2007 - $77,414,425,532
2006 - $66,371,664,817
2005 - $57,633,255,738
2004 - $45,427,854,693
2003 - $39,552,513,232
2002 - $35,064,105,501
2001 - $32,685,198,809
2000 - $31,172,518,403
1999 - $28,683,659,007
1998 - $27,209,602,050
1997 - $26,843,700,442
1996 - $24,657,470,575
1995 - $20,736,164,459
1994 - $16,286,433,533
1993 - $13,180,953,598
1992 - $9,866,990,236
1991 - $9,613,369,520
1990 - $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/vatican/vietnam | CC BY

Economic indicators

Vatican Vietnam
Gross domestic product
$19.8M
2026
$515B
2025
GDP rank
197/197
2026
33/197
2025
GDP growth n/a
8.02%
2024-2025
GDP per capita
$19,800
2026
$5,066
2025
GDP per capita rank
61/197
2026
122/197
2025
GDP per capita, PPP
$39,191
2026
$16,386
2024
GDP per capita PPP rank
59/197
2026
108/197
2024
Government debt n/a
$156B
2025
Debt-to-GDP ratio n/a
30.3%
2025
Government debt per person n/a
$1,537
2025
Government debt per person rank n/a
130/185
2025
Average annual personal income after taxes
$18,688
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% n/a
28.1%
2022
Income share by poorest 10% n/a
2.6%
2022
Government expenditure, % of GDP n/a
22.1%
2025
Consumer prices inflation n/a
3.3%
2024-2025
Central bank interest rate n/a
4.5%
2023
Unemployment rate n/a
1.53%
2024
Population
939
102486146

Balance of trade

Vatican Vietnam
Current account balance n/a
$30.2B
2024
Current account balance ranking n/a
18/190
2024
Current account balance, % of GDP n/a
+6.33%
2024
Goods imports n/a
$363B
2024
Goods exports n/a
$407B
2024
Service imports n/a
$35.6B
2024
Service exports n/a
$25B
2024
Imports of goods and services, % of GDP n/a
92.1%
2025
Exports of goods and services, % of GDP n/a
98.2%
2025

Economic freedom indices

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

Vatican Vietnam
Economic freedom 65 64.4
Economic freedom ranking 69/197 73/197
Property rights n/a 47.3
Government integrity n/a 39.2
Judicial effectiveness n/a 31.3
Tax burden n/a 80.9
Government spending n/a 89.5
Fiscal health n/a 96.9
Business freedom n/a 70
Labor freedom n/a 54.7
Monetary freedom n/a 73.2
Trade freedom n/a 79.8
Investment freedom n/a 60
Financial freedom n/a 50

Other economic metrics

Vatican Vietnam
Services, % of GDP n/a
42.7%
2025
Industry, % of GDP n/a
37.6%
2025
Agriculture, forestry, and fishing, % of GDP n/a
11.6%
2025
GNI, Atlas method n/a
$505B
2025
GNI per capita, PPP n/a
$17,580
2025
Total reserves including gold n/a
$85.6B
2025
Total reserves ranking n/a
33/177
2025
Net foreign direct investment n/a
-$19.6B
2024
Net inflows of foreign direct investment n/a
$20.2B
2024
Net outflows of foreign direct investment n/a
$600M
2024
Servicing debt to the IMF, % of GNI n/a
7.29%
2024
Poverty at national poverty lines n/a
4.2%
2022
Gross capital formation, % of GDP n/a
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/vatican/vietnam | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  5. Central Intelligence Agency (CIA) (2019–2026, 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.