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NATIONAL ACCOUNTS, STATE BUDGET
AND INSURANCE IN2022

1. Economic growth

The year-on-year gross regional domestic product (GRDP) increased by
7.56% in2022, of which: the value added rose 8.12%, and the import tax and
taxes less subsidies on products spread 0.06%. The agriculture, forestry and

fishery sector’s value added went up 2.11%; the value added of the industry -
construction sector expanded 6.44% (the growth of industrial activities, and
construction activities were 5.71%, and 9.96%, respectively); the

corresponding figure of the service sector increased by 14.97%.
The size of GRDP at current prices reached 97,137.9 billion VND

in2022; GRDP per capita attained 77.58 million VND, equivalent to 3,329.7
USD (an increase of 279.3 USD compared to that in 2021).

Regarding the economic structure in2022, the agriculture, forestry and
fishery sector accounted for 27.6%; the industry and construction sector made
up 33.78%; the service sector represented 32.42%; the taxes less subsidies on

products comprised 6.2%.

2. State budget revenue and expenditure

The total state budget revenue reached 11,085.4 billion VND in2022, a
year-on-year decline of 6.3%, of which the domestic revenue attained 10,089.9
billion VND (excluding revenues from state-run lotteries), a fall of 0.38%; the
revenue from export-import duties gained 995.6 billion VND, a downturn of

41.53%.

The total state budget expenditure reached 31,662.06 billion VND
in2022, a year-on-year increase of 35.7%, of which: the development
investment expenditure was 4,252.09 billion VND, a rise of 10.27%; the
recurrent expenditure achieved 7,047.92 billion VND, an uptrend of 4.52%.

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