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   Market (2002)
Vietnam Economy
GDP:
purchasing power parity - $203.7 billion (2003 est.)
GDP - real growth rate:
7.2% (2003 est.)
GDP - per capita:
purchasing power parity - $2,500 (2003 est.)
GDP - composition by sector:
agriculture: 21.8%
industry: 39.7%
services: 38.5% (2003 est.)
Investment (gross fixed):
33% of GDP (2003)
Population below poverty line:
37% (1998 est.)
Household income or consumption by percentage share:
lowest 10%: 3.6%
highest 10%: 29.9% (1998)
Distribution of family income - Gini index:
36.1 (1998)
Inflation rate (consumer prices):
3.1% (2003 est.)
Labor force:
45.74 million (2003 est.)
Labor force - by occupation:
agriculture 63%, industry and services 37% (2000 est.)
Unemployment rate:
6.1% (2003 est.)
Budget:
revenues: $8.689 billion
expenditures: $9.718 billion, including capital expenditures of $1.8 billion (2003 est.)
Public debt:
64.3% of GDP (2003)
Industries:
food processing, garments, shoes, machine-building, mining, cement, chemical fertilizer, glass, tires, oil, coal, steel, paper
Industrial production growth rate:
16% (2003 est.)
Electricity - production:
29.8 billion kWh (2001)
Electricity - production by source:
fossil fuel: 43.7%
hydro: 56.3%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
27.71 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
356,700 bbl/day (2001 est.)
Oil - consumption:
185,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
1.4 billion bbl (1 January 2002)
Natural gas - production:
1.3 billion cu m (2001 est.)
Natural gas - consumption:
1.3 billion cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
192.6 billion cu m (1 January 2002)
Agriculture - products:
paddy rice, corn, potatoes, rubber, soybeans, coffee, tea, bananas, sugar; poultry, pigs, fish
Current account balance:
$-1.781 billion (2003)
Exports:
$19.88 billion f.o.b. (2003 est.)
Exports - commodities:
crude oil, marine products, rice, coffee, rubber, tea, garments, shoes
Exports - partners:
US 20.9%, Japan 13.2%, Australia 6.9%, China 6.2%, Germany 5.5%, Taiwan 4.8%, Singapore 4.4%, UK 4.2% (2003 est.)
Imports:
$22.5 billion f.o.b. (2003 est.)
Imports - commodities:
machinery and equipment, petroleum products, fertilizer, steel products, raw cotton, grain, cement, motorcycles
Imports - partners:
China 13.6%, Taiwan 11.9%, Japan 11.2%, South Korea 10.8%, Singapore 10.3%, US 5.7%, Thailand 5.4%, Hong Kong 4.2% (2003 est.)
Reserves of foreign exchange & gold:
$6.357 billion (2003)
Debt - external:
$14.69 billion (2003)
Economic aid - recipient:
$2.8 billion in credits and grants pledged by international donors for 2000 (2004)
Currency:
dong (VND)
Currency code:
VND
Exchange rates:
dong per US dollar - 15,279.5 (2003), 15,279.5 (2002), 14,725.2 (2001), 14,167.7 (2000), 13,943.2 (1999)
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