Compare countries & regions
Philippines vs Vietnam
Philippines and Vietnam side by side — economy, tax, company setup, visas, housing and study, from official and open data.
Philippines
Capital time zone: Asia/Manila
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Vietnam
Capital time zone: Asia/Ho_Chi_Minh
Full guide →
Economy & society
| Metric | Philippines | Vietnam |
|---|---|---|
| Population (2024) | 115.84M | 100.99M |
| GDP (current US$) (2024) | $461.62B | $476.39B |
| GDP per capita (2024) | $3,985 | $4,717 |
| GDP growth (annual) (2024) | 5.7% | 7.1% |
| Inflation (annual) (2024) | 3.2% | 3.6% |
| Unemployment (2025) | 2.2% | 1.5% |
| FDI net inflows (2024) | $9.40B | $20.17B |
Business & tax
| Metric | Philippines | Vietnam |
|---|---|---|
| VAT / GST Standard statutory rate. Where one percentage cannot state it the cell says so: "effective" = the statutory rate applies to a reduced tax base; "temporary" = a time-limited rate charged instead of the statutory one, with its end date; "by supply" / "by state" = a band structure with no single standard rate; "No VAT or GST" = the tax does not exist there, which is not a 0% rate. Reduced, zero and exempt categories are not shown. | 12% | 8% temporary → 2026-12-31 (statutory 10%) |
| Digital nomad visa Whether a dedicated digital-nomad or remote-work visa exists. A country without one may still allow remote work on another status. | No | No |
Figures are headline national values gathered for comparison, not tax or legal advice. Definitions differ between countries — read each row's basis before comparing, and verify against the official authority before acting.
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Frequently asked questions
How do VAT rates compare in Philippines and Vietnam?
Philippines 12%%, Vietnam 8% temporary → 2026-12-31 (statutory 10%)%.
Is Philippines or Vietnam wealthier per capita?
Vietnam — Philippines $3,985, Vietnam $4,717 (World Bank, 2024/2024).
Do Philippines and Vietnam offer a digital nomad visa?
Neither does.
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