Inflation Vietnam 2020
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 6.4%. The lowest inflation was in December at 0.2%.
- Highest month
- January: 6.4%
- Lowest month
- December: 0.2%
- Difference
- 6.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 10.0%. The lowest price increase was in Energy with an average of 1.8%.
- Highest increase
- Food: 10.0%
- Lowest increase
- Energy: 1.8%
Historical Context
Current inflation is around the 5-year average of 3.2%.
- 5-year average
- 3.2%
- 10-year average
- 5.5%
- All-time high (2008)
- 23%
- All-time low (2015)
- 0.6%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (+0.5 percentage point).
- Change vs. previous year
- +0.5 percentage points
- Largest monthly swing
- December: -5.0 percentage points
ECB Target
Inflation is 1.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 6.4% | +3.8 |
| February | 5.4% | +2.8 |
| March | 4.9% | +2.2 |
| April | 2.9% | 0.0 |
| May | 2.4% | -0.5 |
| June | 3.2% | +1.0 |
| July | 3.4% | +1.0 |
| August | 3.2% | +0.9 |
| September | 3.0% | +1.0 |
| October | 2.5% | +0.3 |
| November | 1.5% | -2.0 |
| December | 0.2% | -5.0 |
| Average | 3.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.