According to the latest data from the International Monetary Fund (IMF), Việt Nam's gross domestic product (GDP) in 2023 is estimated to have reached about US$433.3 billion, which is the fifth highest in Southeast Asia.With this forecast, Việt Nam's economy in 2023 ranked equal to Malaysia ($433.35 billion) and above Myanmar ($74.9 billion), Cambodia ($30.9 billion), Brunei ($15.1 billion), Laos ($14.2 billion) and East Timor ($2 billion).According to the IMF, in 2023, the GDP of the Southeast Asia region will reach about $3.86 trillion. Indonesia leads the region with an estimated GDP of about $1.42 billion. Thailand ranked second in the region with GDP in 2023 forecast at $512 billion, with Singapore and the Philippines, with GDP sizes of $497 billion and $435.7 billion, respectively, third and fourth.IMF data shows that the size of global GDP in 2023 is estimated to reach about $104.5 trillion. The United States is the largest economy in the world with an estimated GDP of $26.95 trillion. China is the world's second-largest economy with a GDP of $17.7 trillion. They are followed by Germany ($4.43 trillion), Japan ($4.23 trillion) and India ($3.73 trillion). With a GDP of more than $430 billion, Việt Nam is currently the 35th largest economy in the world.By the end of 2024, Việt Nam's GDP is forecast to reach about $469.7 billion, ranking it fifth in the region after countries such as Indonesia ($1.54 trillion), Thailand ($543.35 billion), Singapore ($520.97 billion) and the Philippines ($475.94 billion).By 2038, with an expected GDP scale of $1.56 trillion, Việt Nam will rise to 21st position, surpassing other economies in the ASEAN region such as Thailand ($1.313 trillion), Singapore ($896 billion), the Philippines ($1.536 trillion) to enter the group of 25 largest economies in the world.According to CEBR, with the advantage of a large and young population, Việt Nam has the opportunity to surpass most ASEAN countries economically such as Singapore, Thailand and Malaysia, and become a high-income country by 2045.CEBR also forecasts Việt Nam’s average annual GDP growth rate will be 6.7 per cent in the period 2024-2028. Growth will be 6.4 per cent in the next nine years.In the ASEAN region, besides Việt Nam, the Philippines is also considered a country with impressive growth, possibly reaching the 23rd position by 2038. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam News