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Macroeconomic Forecast Vietnam - Asia Monitor Page 1 of 1

VIETNAM - MACROECONOMIC FORECASTS

2007 2008 Latest Period 2009 2010

Population, mn 2 85.60 86.80 e - - 88.00 f 89.20 f

Nominal GDP, US$bn 3 70.94 84.59 - - 90.11 f 95.00 f

GDP per capita, US$ 3 829 975 - - 1024 f 1065 f

Real GDP growth, % change y-o-y 3 8.5 6.3 5.7 Oct-Dec 2.9 f 5.0 f

Industrial production index, % y-o-y, ave 4 16.3 14.4 2.5 Feb 6.0 f 10.0 f

Fiscal revenue, VNDbn 5 287900.0 331350.0 - - 346942.5 f 401983.9 f

Fiscal expenditure, VNDbn 5 321970.0 407457.0 - - 456500.0 f 521575.0 f

Budget balance, % of GDP 5 -5.4 -7.2 - - -8.2 f -8.1 f

Consumer prices, % y-o-y, ave 1,4 8.3 23.0 14.8 Feb 7.0 f 9.0 f

Lending rate, %, eop 2 12.00 15.00 - - 9.00 f 12.00 f

Exchange rate VND/US$, eop 6 16018.00 17480.00 17473.00 3-4-09 19000.00 f 20000.00 f

Imports, US$bn 7 58.92 81.00 4.40 Feb 60.20 f 65.02 f

Exports, US$bn 7 48.56 63.25 4.30 Feb 50.90 f 55.99 f

Trade balance, US$bn 7 -10.36 -17.75 -0.10 Feb -9.30 f -9.03 f

Current account, US$bn 7 -6.99 -10.27 e - - -4.00 f -2.73 f

Current account, % of GDP 7 -9.86 -12.14 e - - -4.44 f -2.87 f

Foreign reserves ex gold, US$bn 7 22.00 22.00 e 22.00 February 25.00 f 27.00 f

Import cover, months g&s 7 4.3 3.3 e - - 5.0 f 5.0 f

Total external debt stock, US$mn 8 21.8 e 24.0 e - - 28.0 f 34.0 f

Total external debt stock, % of GDP 8 0.03 e 0.03 e - - 0.03 f 0.04 f

Notes: e BMI estimates. f BMI forecasts. 1 Base


year 2000; Sources: 2 IMF. 3 IMF (General
Statistics Office); 4 General Statistics Office; 5
ADB, Ministry of Finance; 6 BMI; 7 Asian
Development Bank, State Bank of Vietnam; 8
World Bank.

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http://www.asia-monitor.com/file/table/1/75923/macroeconomic-forecast-vietnam.html 5/4/2009

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