GDP in the first 9 months of 2025 increased by 7.85%

The above information was announced by the General Statistics Office (Ministry of Finance) at the press conference to announce socio-economic statistics for the third quarter and the first 9 months of 2025, which took place this morning, October 6.

According to Director of the General Statistics Office Nguyen Thi Huong, the gross domestic product (GDP) in the third quarter of 2025 is estimated to increase by 8.23% over the same period last year, just lower than the 14.38% increase in the same period in 2022 in the 2011-2025 period. (The GDP growth rate in the third quarter of the years in the 2011-2025 period compared to the same period last year is respectively: 6.37%; 5.5%; 5.71%; 6.59%; 7.16%; 6.92%; 7.54%; 7.2%; 7.62%; 3%; -6.03%; 14.38%; 5.38%; 7.43%; 8.23%).

Of which, the agriculture, forestry and fishery sector increased by 3.74%, contributing 5.04% to the total added value of the entire economy .

Director of the General Statistics Office at the press conference. Photo: Huong Thuy

The industrial and construction sector increased by 9.46%, contributing 46.41%, of which the processing and manufacturing industry was the bright spot of the economy with a growth rate of 9.98%. The service sector increased by 8.56%, contributing 48.55%.

GDP in the first 9 months of 2025 is estimated to increase by 7.85% over the same period last year, only lower than the growth rate of 9.44% in the same period in 2022 in the 2011-2025 period.

Of which, the agriculture, forestry and fishery sector increased by 3.83%, contributing 5.36% to the total added value of the whole economy; the industry and construction sector increased by 8.69%, contributing 43.05%; the service sector increased by 8.49%, contributing 51.59%.

In a more specific analysis, Ms. Nguyen Thi Huong said that although the agricultural, forestry and fishery sector was adversely affected by storms and floods, thanks to the timely implementation of measures to respond to and overcome the consequences of natural disasters, agricultural, forestry and fishery production remained stable.

The added value of the agriculture, forestry and fishery sector in the first nine months of 2025 increased by 3.83%, only lower than the growth rate of the same period in 2011, 2018 and 2021 in the 2011-2025 period. Of which, the added value of the agricultural sector increased by 3.46% over the same period last year, contributing 3.52% to the total added value of the whole economy; the forestry sector increased by 6.46%, contributing 0.42%; the fishery sector increased by 4.48%, contributing 1.41%.

In the industrial and construction sector, production of many key industries increased, making an important contribution to the overall growth of the entire economy. The added value of the entire industry in the first nine months of 2025 increased by 8.55% over the same period last year, contributing 35.06% to the growth rate of the total added value of the entire economy. Of which, the processing and manufacturing industry was the driving force for growth with a growth rate of 9.92%, contributing 31.73%. The construction industry increased by 9.33%, contributing 7.99%.

In the service sector, the strong increase in demand for domestic goods, services and tourism , especially during the period of many activities celebrating major national holidays, has contributed positively to the growth of the trade and service sector. The added value of the service sector in the first nine months of 2025 increased by 8.49% over the same period last year, only lower than the increase of 11.37% in the same period in 2022 in the period 2011-2025.

The contributions of some service sectors with large proportions to the total added value growth of the whole economy are as follows: Wholesale and retail increased by 8.28% over the same period last year, contributing 10.72%; transportation and warehousing increased by 10.68%, contributing 8.92%; finance, banking and insurance activities increased by 7.06%, contributing 5.16%; accommodation and catering services increased by 10.15%, contributing 3.50%.

Regarding the economic structure in the first 9 months of 2025, the agriculture, forestry and fishery sector accounts for 11.30%; the industry and construction sector accounts for 37.58%; the service sector accounts for 42.92%; product taxes minus product subsidies account for 8.20% (The corresponding structure of the same period in 2024 is 11.57%; 37.59%; 42.49%; 8.35%).

Regarding GDP use in the first 9 months of 2025, final consumption increased by 8.07% over the same period in 2024, contributing 73.83% to the overall growth rate of the economy; asset accumulation increased by 8.52%, contributing 41.43%; export of goods and services increased by 15.51%; import of goods and services increased by 16.75%.

Source: https://hanoimoi.vn/gdp-9-thang-nam-2025-tang-7-85-718563.html