About this document
Vietnam GDP per Capita & Business Cycle 1985-2016 by Reggie Ruaza is a document available to read on EtoBox.
GDP per capita in Vietnam has followed a business cycle pattern between 1985-2016, consisting of prosperity, recession, depression, and recovery stages. The prosperity stage in 1994-1995 saw GDP growth of 7.759% alongside low unemployment and high consumer demand. The recession stage from 2007-2009 slowed GDP growth to 5.3% as inflation rose and employment peaked. The recovery stage from 1993-1994 saw economic reforms open Vietnam to international trade, stimulating strong recovery as inflation increased to
- Author
- Reggie Ruaza
- Language
- EN