According to the database of the International Monetary Fund (IMF), in 2003, with GDP at current prices of about 50 billion USD, Vietnam ranked only 17th in Asia, and 6th in Asia. Southeast Asia region. And after 20 years, the scale as well as the ranking of Vietnam in the Asian region has changed significantly.

According to the database of the International Monetary Fund (IMF), in 2003, with GDP at current prices of about 50 billion USD, Vietnam ranked only 17th in Asia, and 6th in Asia. Southeast Asia region.

At this time, the top 5 largest economies in Asia include China, Japan, India, South Korea and Indonesia, with GDP of 1.656 billion USD, 4.519.5 billion USD, respectively. $618.35 billion, $702.69 billion and $255.42 billion.

After 20 years, the size of Asia's 5 largest economies in 2022 has grown significantly. Accordingly, the size of China's GDP in 2022 has increased nearly 11 times compared to 2003, at 18,100.04.59 billion USD. Japan ranked second with a GDP of $4,233.53 billion. Followed by India, South Korea and Indonesia, with GDP size of 3,386.4 billion USD, 1,665.24 billion USD and 1,318.8 billion USD respectively.

 For Vietnam, since 2003, the size and ranking of Vietnam in the Asian region also have a significant change in 2022. Specifically, with the size of GDP  in 2022 reaching US$406,452 billion, an increase 8 times higher than in 2003, Vietnam's ranking has increased from 17th position (in 2003) to 14th position in Asia.

GDP scale of Vietnam and other countries in Southeast Asia in the period 2003-2023

In terms of Southeast Asia alone, Vietnam's GDP size ranks fifth in the region, after countries such as Indonesia ($1,318.8 billion), Thailand ($536.16 billion), Singapore (466,789). billion USD) and Malaysia ($407.923 billion).

By 2023, the IMF forecasts, in Asia, there will be 6 economies with a GDP of over $1 trillion. In which, China leads the way with an estimated GDP of 19,373.59 billion USD. Japan ranks second with a forecasted GDP of USD 4,409.73 billion. With GDP size in 2023 forecasted to reach 3,736.8 billion, India will be the 3rd largest economy in Asia.

For Vietnam, the IMF estimates that GDP can reach $449 billion, ranking 12th in Asia. If considered in Southeast Asia alone, the GDP scale of Vietnam will probably surpass Malaysia (447 billion USD), ranking 4th in the region, after countries such as Indonesia (1,391.77 billion USD), Thailand. ($574.23 billion) and Singapore ($515.548 billion).