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East Asia & Pacific

Viet Nam Inflation

Annual percentage change in consumer prices (CPI).

Latest Value

3.6%

As of 2024

YoY Change

+11.3%

2023 → 2024

Record High

23.1%

Recorded in 2008

Record Low

-1.7%

Recorded in 2000

10-Year Average

2.8%

2015–2024

Data Range

1996–2024

29 data points

Source

World Bank

Code: FP.CPI.TOTL.ZG

Historical Trend

19962024

Analysis

Viet Nam's inflation rate of 3.62% in 2024 is relatively stable, indicating a controlled economic environment. This rate is within the acceptable range for many countries, suggesting that Viet Nam's monetary policy is effectively managing price increases. The stable inflation rate can contribute to a favorable business climate and support economic growth.

Historical Data

ValueYoY ChangeChange %
20243.6%0.4%+11.3%
20233.3%0.1%+3.1%
20223.2%1.3%+72.0%
20211.8%1.4%-43.0%
20203.2%0.4%+15.2%
20192.8%0.7%-21.0%
20183.5%0.0%+0.6%
20173.5%0.9%+31.9%
20162.7%2.0%+322.7%
20150.6%3.5%-84.5%

Source: World Bank Open Data · 1996–2024