Vietnam surpasses Indonesia on per-person GDP- Is Thailand next?

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Vietnam surpasses Indonesia on per-person GDP. Is Thailand next?​

Indonesia’s US$1.5 trillion economy is still nearly triple that of Vietnam, whose marginal per capita lead may not last​


A Vietnamese flag is seen on a bulldozer as it levels the ground for road construction in Hanoi. Vietnam's growth has been propelled by a huge public infrastructure push. Photo: AFP

Sam Beltran
Published: 8:00am, 4 Nov 2026

Vietnam’s average economic output per person is set to overtake Indonesia’s, according to the International Monetary Fund.

Gross domestic product per capita, which provides a snapshot of a country’s standard of living, is projected to rise 8.9 per cent to US$5,259 in Vietnam this year – nearly double the figure a decade earlier and overtaking Indonesia’s US$5,153.

This would also rank Vietnam fifth among members of the Association of Southeast Asian Nations, behind Singapore, Brunei, Malaysia and Thailand.
 
Vietnamese is a confucian style society with confucian habits so it is different from other south east asian nations (singapore also confucian with majority chinese).

Vietnam is already stealing a lot of thailand tourism now and soon will overlap thailand. But its technology industry is far lacking compared to China and East Asia still.
 
Vietnam is geographically South East Asia but culturally East Asia

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Lol, India is nobody in SEA today. Bharats can still dream to have Look East and Act East policies. It is not even one of the RCEP members.
 
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