What are the key production sectors for Vietnam’s economy?
GDP composition, production side
The production approach measures the market value of all final goods and services calculated during the period. It sums up value add of each production process to avoid double counting. The main production sectors are Agriculture, Industry, and Service. Within Industry, there are manufacturing, mining, utilities, and construction. Within Service, there are trading, transport, hotel and restaurant, financial, public administration, education, real estate, health, and social, other social and private household.
Key production sectors in Vietnam
Service accounts for 46% of the 2018 GDP, followed by Industry at 38% and Agriculture at 16%. Within Service, Trade is the largest sector accounting for 12.1% of GDP, followed by Finance at 5.9%. Within Industry, Manufacturing is the largest sector accounting for 17.8% of GDP, followed by Mining at 8.2%.
Related Questions
What is the size of Vietnam’s economy? See Chart
What is the size of Vietnam’s population? See Chart
What is the demographic structure of Vietnam? See Chart
How has the structure of Vietnam’s GDP changed over the years? See Chart
How much does Vietnam’s economy rely on external trade? See Chart
Economic Freedom Index: How free is Vietnam’s economy? See Chart
