Annual growth of imports of goods and services in Viet Nam
Viet Nam: Annual growth of imports of goods and services was 16.1% in 2024. ◆ Volatile
Annual growth of imports 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 imports of goods and services in Viet Nam is 16.1%, measured in 2024.
The figure is up 603.1% on the previous year and up 19.9% over ten years.
Over the whole period, annual growth of imports of goods and services in Viet Nam peaked at 26.9% in 2007 and was at its lowest, -6.8%, in 2009.
That places Viet Nam 12th out of 176 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Viet Nam, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 16.6% | — |
| 2001 | 16.4% | -1.0% |
| 2002 | 15.8% | -4.0% |
| 2003 | 22.7% | +43.9% |
| 2004 | 21.9% | -3.4% |
| 2005 | 14.2% | -35.4% |
| 2006 | 12.0% | -15.4% |
| 2007 | 26.9% | +124.6% |
| 2008 | 15.0% | -44.3% |
| 2009 | -6.8% | -145.4% |
| 2010 | 8.2% | -220.5% |
| 2011 | 4.7% | -42.5% |
| 2012 | 11.2% | +136.6% |
| 2013 | 19.9% | +78.0% |
| 2014 | 13.4% | -32.6% |
| 2015 | 15.7% | +17.1% |
| 2016 | 11.3% | -28.1% |
| 2017 | 18.2% | +61.2% |
| 2018 | 9.6% | -47.4% |
| 2019 | 4.8% | -49.3% |
| 2020 | 3.3% | -32.4% |
| 2021 | 16.6% | +407.6% |
| 2022 | 1.3% | -92.0% |
| 2023 | -3.2% | -338.8% |
| 2024 | 16.1% | -603.1% |
Viet Nam compared with similar countries
- Viet Nam's 16.1% is above the median for upper middle income countries, which is 5.5%, 2.9× the median. (48 countries reporting)
- Viet Nam's 16.1% is above the median for East Asia & Pacific, which is 6.3%, 2.6× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports 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 | +603.1% | -3.2% | 16.1% |
| 2021 | +407.6% | 3.3% | 16.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.5% | -6.8% | 26.9% | 10 |
| 2010s | 11.7% | 4.7% | 19.9% | 10 |
| 2020s | 6.8% | -3.2% | 16.6% | 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 imports of goods and services in Viet Nam?
- Annual growth of imports of goods and services in Viet Nam was 16.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Viet Nam?
- The highest recorded value was 26.9% in 2007.
- What is the lowest annual growth of imports of goods and services recorded in Viet Nam?
- The lowest recorded value was -6.8% in 2009.
- How does Viet Nam rank for annual growth of imports of goods and services?
- Viet Nam ranks 12th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Viet Nam?
- Over the last ten years it is up 19.9%. 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 imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).