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Total market value of goods and services produced within a country
Gross domestic product (GDP) is a monetary measure of the total market value of all of the final goods and services which are produced and rendered during a specific period of time by a country or countries. GDP is often used to measure the economic activity of a country or region. The major components of GDP are consumption, government spending, net exports, and investment. Changing any of these factors can increase the size of the economy. For example, population growth through mass immigration can raise consumption and demand for public services, thereby contributing to GDP growth.
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Ho Chi Minh City’s economy grew by 9.86% year-on-year in the third quarter of 2026, the fastest pace in the last decade.
Driven by accelerating manufacturing output and surging exports of artificial intelligence hardware, Vietnam leads growth across regional economies, accordin...