Annual growth of exports of goods and services in Viet Nam
Viet Nam: Annual growth of exports of goods and services was 15.5% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Viet Nam, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Viet Nam is 15.5%, measured in 2024.
The figure is up 1,367.2% on the previous year and up 22.9% over ten years.
Over the whole period, annual growth of exports of goods and services in Viet Nam peaked at 25.6% in 2004 and was at its lowest, -5.1%, in 2009.
Viet Nam ranks 25th of 176 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Viet Nam, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 21.1% | — |
| 2001 | 17.2% | -18.6% |
| 2002 | 10.4% | -39.6% |
| 2003 | 19.9% | +92.4% |
| 2004 | 25.6% | +28.4% |
| 2005 | 17.8% | -30.6% |
| 2006 | 11.2% | -37.0% |
| 2007 | 12.5% | +11.6% |
| 2008 | 13.7% | +9.6% |
| 2009 | -5.1% | -137.2% |
| 2010 | 8.4% | -266.0% |
| 2011 | 10.6% | +25.3% |
| 2012 | 15.0% | +42.0% |
| 2013 | 17.8% | +18.5% |
| 2014 | 12.6% | -29.4% |
| 2015 | 13.9% | +10.3% |
| 2016 | 11.0% | -20.7% |
| 2017 | 17.2% | +56.8% |
| 2018 | 12.2% | -29.0% |
| 2019 | 6.2% | -49.1% |
| 2020 | 4.1% | -34.9% |
| 2021 | 14.8% | +264.8% |
| 2022 | 3.9% | -73.7% |
| 2023 | -1.2% | -131.3% |
| 2024 | 15.5% | -1367.2% |
Viet Nam compared with similar countries
- Viet Nam's 15.5% is above the median for upper middle income countries, which is 3.3%, 4.7× the median. (48 countries reporting)
- Viet Nam's 15.5% is above the median for East Asia & Pacific, which is 6.8%, 2.3× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Viet Nam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +1367.2% | -1.2% | 15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.4% | -5.1% | 25.6% | 10 |
| 2010s | 12.5% | 6.2% | 17.8% | 10 |
| 2020s | 7.4% | -1.2% | 15.5% | 5 |
Countries ranked near Viet Nam
More economy & growth data for Viet Nam
- Foreign direct investment, net outflows (BoP, current US$), gaps 600.00 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.94 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 20.17 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.03 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0423 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 199.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 3.01 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1663 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 842.34 includes gold, current US$ per person (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Viet Nam?
- Annual growth of exports of goods and services in Viet Nam was 15.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Viet Nam?
- The highest recorded value was 25.6% in 2004.
- What is the lowest annual growth of exports of goods and services recorded in Viet Nam?
- The lowest recorded value was -5.1% in 2009.
- How does Viet Nam rank for annual growth of exports of goods and services?
- Viet Nam ranks 25th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Viet Nam?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).