Inflation Rate Trends and Forecast for Vietnam from 1990 to 2029

Inflation Rate Trends and Forecast for Vietnam from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Vietnam from 1990 to 2029. TGM StatBox.
Chart Details
Timeframe: 1990-2029
Country: Vietnam
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
Vietnam's inflation peaked at 81.8% in 1991 during its economic transition under the Đổi Mới reforms. Stabilization efforts brought inflation to single digits by 1996. However, the global financial crisis and energy price surges caused spikes, including 23.3% in 2008 and 18.7% in 2011.

Inflation has since remained below 4%, with forecasts projecting stability at 3.4% from 2026, reflecting Vietnam’s robust economic policies and global trade integration.

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