Inflation Vietnam 2005

Average inflation: 8.3%

Inflation in 2005

Inflation is very high at 8.3%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 9.7%. The lowest inflation was in August at 7.3%.

Highest month
January: 9.7%
Lowest month
August: 7.3%
Difference
2.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 11.3%. The lowest price increase was in Energy with an average of 7.2%.

Highest increase
Food: 11.3%
Lowest increase
Energy: 7.2%

Historical Context

Inflation is 2.5 percentage points higher than the 5-year average of 5.8%. This approaches the highest level since records began (8.3% in 2005).

5-year average
5.8%
10-year average
5.8%
All-time high (2005)
8.3%
All-time low (2003)
3.2%

Trend

Over the period 2003-2005, inflation shows an upward trend. Compared to 2004, inflation has risen by 0.5 percentage points.

Change vs. previous year
+0.5 percentage points
Largest monthly swing
January: +6.5 percentage points

ECB Target

Inflation is 6.3 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for ₫100 this year will cost approximately ₫108 next year at this inflation rate.

Multi-year trend

Monthly figures 2005

Inflation by category

Food
11.3%
+2.9 vs avg.
Energy
7.2%
-1.1 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2004
January 9.7% +6.5
February 9.1% +5.1
March 8.4% +2.9
April 8.5% +2.5
May 8.1% +1.0
June 7.6% -0.7
July 7.5% -1.6
August 7.3% -2.6
September 7.8% -2.3
October 8.3% -2.0
November 8.5% -1.4
December 8.7% -1.0
Average 8.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also