Answer to Question #241329 in Macroeconomics for vanghung

Question

Find out the economic indicators of Vietnam economy recently and make some comments on it.

Answer 1

GDP

Real Gross Domestic Product

2021

2,443,187-last

1,953,117-previous

Quarterly

Real Private Consumption

2019

2,538,173-last

2,364,170-previuos

Annual

Private Consumption

2019

4,115,186-last

3,745,063 previous

Annual

Real Fixed Investment

2019

1.186,192-last

1,095,283- previous

Annual

Government Consumption

2019

390,051- last

358,592- previous

Annual

Real Government Consumption

2019

236,594-last

223,624- previous

Annual

Real Investment

2019

1,293,944-last

1,199,095 previous

Annual

Trade

Exports of goods

Aug 2021

26,200-last

27,000- previous

Monthly

Imports of goods

Aug 2021

27,500-last

28,700-previous

Monthly

Net exports

2019

192,642-last

186,052- previous

Annual

From the above data concerning the economic indicators of Vietnam, it is noted that there is a significant increase in every indicator when comparing the previous statistics from the latest statistics. This implies a positive economic growth.