In step with the Common Statistics Place of work, GDP in 2024 will build up by means of 7.09% in comparison to the former yr. This build up exceeds the set goal and is crucial premise for acceleration in 2025.
GDP in 2024 will increase by means of 7.09%
Data on the press convention saying socio-economic statistics for the fourth quarter and 2024 at the morning of January 6, Ms. Nguyen Thi Huong, Common Director of the Common Statistics Place of work mentioned: GDP in 2024 is estimated to extend by means of 7.09 % in comparison to the former yr. This quantity is handiest less than the expansion fee of 2018, 2019 and 2022 within the length 2011-2024.
Ms. Huong assessed that this can be a very certain expansion fee within the context of unpredictable adjustments on the earth, whilst the rustic is suffering from herbal failures, storms and floods.
This quantity exceeds the objective of 6-6.5% set by means of the Nationwide Meeting.
“That is crucial premise for 2025 to boost up and succeed in the end line. Within the context of normal difficulties of the worldwide and home financial system, Vietnam’s financial system continues its transparent restoration development, expansion step by step improves month by means of month, quarter by means of quarter, inflation is less than the objective stage, Massive amount assured; Ends up in many necessary fields accomplished and exceeded the set targets, which is a vibrant spot for financial expansion within the area and the sector,” Ms. Huong commented.
The Common Statistics Place of work holds a press convention to announce socio-economic statistics for the fourth quarter and 2024. Picture: NL
In step with the Common Statistics Place of work, within the normal build up in GDP within the fourth quarter of 2024, the agriculture, forestry and fishery sector greater by means of 2.99%, contributing 4.86% to the rise in general added worth of all of the financial system. ; The economic and building sector greater by means of 8.35%, contributing 44.03%; The provider sector greater by means of 8.21%, contributing 51.11%.
If calculated for the entire yr, within the build up in general added worth of all of the financial system, the agriculture, forestry and fishery sector greater by means of 3.27%, contributing 5.37%; The economic and building sector greater by means of 8.24%, contributing 45.17%; The provider sector greater by means of 7.38%, contributing 49.46%.
In step with the Common Statistics Place of work, the dimensions of GDP at present costs in 2024 is estimated to achieve over 11.5 million billion VND, similar to 476.3 billion USD.
GDP in line with capita in 2024 at present costs is estimated to achieve 114 million VND/individual, similar to 4,700 USD, an build up of 377 USD in comparison to 2023.
CPI 2024 will increase by means of 3.63%
In step with the Common Statistics Place of work, some localities adjusted the cost of clinical products and services, rented housing costs, and greater fuel costs as the principle the explanation why the patron worth index (CPI) in December 2024 greater by means of 0, 29% in comparison to ultimate month.
Moderate CPI within the fourth quarter of 2024 greater by means of 2.87% in comparison to the fourth quarter of 2023. For the entire yr 2024, CPI greater by means of 3.63% in comparison to the former yr, achieving the objective set by means of the Nationwide Meeting.
Within the 0.29% build up in CPI in December 2024 in comparison to the former month, there have been 9 teams of products and products and services with greater worth indexes, together with: Medications and clinical products and services crew greater by means of 2.19%, transportation crew greater by means of 2.19%. pine greater by means of 0.57%, housing, electrical energy, water, gas and building fabrics greater by means of 0.53%, garment, hats and shoes greater by means of 0.28%; Different items and products and services crew greater by means of 0.22%; Tradition, leisure and tourism crew greater by means of 0.2%; beverage and tobacco crew greater by means of 0.2%; Family home equipment and gear crew greater by means of 0.17%; The schooling crew greater by means of 0.16%.
In conjunction with that, there have been 2 product teams with a lower in worth index, which can be: postal and telecommunications crew lowered by means of 0.03%; The meals and catering products and services crew lowered by means of 0.13%.
Core inflation in December 2024 greater by means of 0.25% over the former month, up 2.85% over the similar length ultimate yr.
On reasonable in 2024, core inflation will build up by means of 2.71% in comparison to 2023, less than the overall reasonable CPI build up (3.63%), principally because of meals costs, family electrical energy, and products and services. Schooling and clinical products and services are components that build up CPI however belong to the crowd of products excluded from the checklist of fundamental inflation calculations.
Information from the Common Statistics Place of work presentations: Gold worth index in December 2024 lowered by means of 1.38% in comparison to the former month; greater 31.07% over the similar length ultimate yr; The typical build up for the entire yr 2024 is 28.64%.
USD worth index in December 2024 greater by means of 0.09% in comparison to the former month; greater 4.31% over the similar length ultimate yr; The typical build up in 2024 is 4.91%.
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