Viet Nam vs Indonesia
Side-by-side economic and demographic comparison · 2026 data · Source: IMF & World Bank
Vietnam and Indonesia compete for foreign manufacturing investment in Southeast Asia. Vietnam's smaller economy has attracted disproportionate factory investment due to lower wages, better infrastructure in industrial zones, and aggressive trade agreements (CPTPP, EU-Vietnam FTA). Indonesia counters with its massive domestic market (275M people), abundant natural resources, and growing downstream processing industry. Vietnam's economy has been growing faster, but Indonesia's is roughly four times larger overall. Both countries are benefiting from the "China+1" diversification strategy pursued by global manufacturers.
Viet Nam has a GDP of $511.06B compared to Indonesia's $1.55T, making it 3.0x smaller. Viet Nam's population is 101.0M vs Indonesia's 283.5M. Across 12 key indicators, Indonesia leads in 7 categories. All data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
| Indicator |  Viet Nam |  Indonesia |
|---|---|---|
| GDP (USD) | $511.06B | $1.55T✓ |
| GDP per Capita | $4,965 | $5,398✓ |
| GDP Growth (%) | 5.6%✓ | 4.9% |
| GDP per Capita (PPP) | $18,870✓ | $18,657 |
| Population | 101.0M | 283.5M✓ |
| Life Expectancy | 74.6 years✓ | 71.1 years |
| Inflation (%) | 3.2% | 2.9%✓ |
| Unemployment (%) | 2.5%✓ | 5.0% |
| Govt Debt (% GDP) | 31.8%✓ | 41.1% |
| Fertility Rate | 1.9 | 2.1✓ |
| Gini Index | 36.1 | 34.9✓ |
| CO₂ per Capita (t) | 4.3 | 2.9✓ |
Summary
Viet Nam has a GDP of $511.06B compared to Indonesia's $1.55T, making the latter economy 3.0x larger. In terms of population, Viet Nam has 101.0M people while Indonesia has 283.5M. Across the 12 indicators compared, Viet Nam leads in 5 and Indonesia leads in 7.
Viet NamIndonesia