Bac Ninh's GRDP increases by 6.03% in 2024

Bac Ninh's GRDP is estimated at VND 136.9 trillion in 2024.

The first quarter declined by 3.48%; the second quarter reversed and increased by 12.04%; the third quarter gradually decreased and increased by just 6.96%; and the fourth quarter continued to improve, increasing by 7.62%. All three economic sectors increased, with the Service sector increasing the most (7.04%), followed by the Industry and Construction sector (6.0%), and the Agriculture, Forestry, and Fishery sector increasing the least (1.15%).

With a positive economic growth rate of 6.03% in 2024, the average annual increase from 2021 to 2024 is 2.3%, with increases in the agricultural sector of 1.5%, the construction industry sector of 0.9%, industry alone of 1.4%, the service sector of 7.28%, and product tax of 4.83%.