Forecast: Energy Productivity in Vietnam

Energy productivity in Vietnam, measured in US Dollars per Thousand of Total Primary Energy Supply, exhibited fluctuations from 2013 to 2023. After peaking at 11.1 in 2015 and 11.08 in 2017, there has been a general decline with values stabilizing around 9.8 in 2023. The past five years show an average annual decline (CAGR) of -0.55%. Notably, recent years from 2021 to 2023 reveal marginal increases in productivity, indicating a possible inflection point.

Looking forward, the forecast from 2024 to 2028 indicates a very modest annual growth of 0.12% with a cumulative growth rate of 0.59%, suggesting stability with minor improvements. Future trends to watch include technological advancements, renewable energy adoption, and energy policy shifts which could significantly impact productivity outcomes.