Vietnam: Economic globalization

* indicates monthly or quarterly data series
 Vietnam

Economic globalization index (0-100)

 Latest value 59.57
 Year 2022
 Measure points
 Data availability 1970 - 2022
 Average 43.22
 Min - Max 26.35 - 61.55
 Source The Swiss Institute of Technology in Zurich
The latest value from 2022 is 59.57 points, an increase from 57 points in 2021. In comparison, the world average is 59.16 points, based on data from 184 countries. Historically, the average for Vietnam from 1970 to 2022 is 43.22 points. The minimum value, 26.35 points, was reached in 1970 while the maximum of 61.55 points was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Vietnam - Economic globalization - Recent values chart

Historical series
Vietnam - Economic globalization - historical chart - 1970-2022




The KOF Economic Globalization Index for Vietnam and other countries has two dimensions. First, it measures the economic flows between Vietnam and the rest of the world in terms of international trade and international investment. The question is whether Vietnam exchanges a lot of goods, services, and investments with other countries. Second, it measures the restrictions to trade and investment such as tariffs and capital controls on international investment. Each dimension is based on several variables that are combined in one overall index that ranges from 0 to 100.
Definition: Economic globalization has two dimensions: actual economic flows and restrictions to trade and capital. The sub-index on actual economic flows includes data on trade, FDI, and portfolio investment. The sub-index on restrictions takes into account hidden import barriers, mean tariff rates, taxes on international trade (as a share of current revenue), and an index of capital controls. More information and the original data can be obtained here.

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 Related indicators Latest Reference Measure
 Overall globalization 64.74 2022 points
 Economic globalization 59.57 2022 points
 Political globalization 73.34 2022 points
 Social globalization 60.81 2022 points
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