Vietnam’s economy and education budget investment

Vietnam’s GDP growth for the whole year of 2023 is estimated to be around 5,05%, with the total Gross Domestic Product (GDP) reaching approximately 433,7 billion USD, and it is projected to rise to 505,53 billion USD by 2025. The GDP per capita in 2023 is about 4.284 USD, an increase of 160 USD compared to 2022.

Total realized social investment capital in 2023 at current prices is estimated at 3.423,5 trillion VND. The state sector’s capital reached 953,6 trillion VND, accounting for 27,8% of the total capital. The non-state sector’s capital amounted to 1.919,7 trillion VND, accounting for 56,1%. The industry with foreign direct investment (FDI) capital achieved 550,2 trillion VND, making up 16,1%.

Realized capital from the state budget in 2023 is estimated at 625.3 trillion VND, an increase of 21,2% compared to the previous year.

(Excerpt from Vietnam Edtech White Paper 2024 by Edtech Agency)
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