Inflation Vietnam 2021

Average inflation: 1.8%

Current Inflation

Inflation is low at 1.8%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in May at 2.9%. The lowest inflation was in January at -1.0%.

Highest month
May: 2.9%
Lowest month
January: -1.0%
Difference
3.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 1.8%. The lowest price increase was in Food with an average of 0.7%.

Highest increase
Energy: 1.8%
Lowest increase
Food: 0.7%

Historical Context

Current inflation is 1.2% lower than the 5-year average of 3.0%.

5-year average
3%
10-year average
3.8%
All-time high (2008)
23%
All-time low (2015)
0.6%

Trend

Inflation has remained relatively stable. Compared to 2020, the difference is minimal (-1.5 percentage point).

Change vs. previous year
-1.5 percentage points
Largest monthly swing
January: -7.4 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Inflation by category

Food
0.7%
-1.1vs avg.
More details →
Energy
1.8%
-0.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2020
January -1.0% -7.4
February 0.7% -4.7
March 1.2% -3.7
April 2.7% -0.2
May 2.9% +0.5
June 2.4% -0.8
July 2.6% -0.8
August 2.8% -0.4
September 2.1% -0.9
October 1.8% -0.7
November 2.1% +0.6
December 1.8% +1.6
Average 1.8%

Data source

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

See also