Current account balance as a proportion of GDP (%) in Vietnam
Vietnam: Current account balance as a proportion of GDP (%) was 5.9% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Vietnam, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Vietnam stood at 5.9%.
Compared with earlier readings it is down 1.0% on the previous year and up 46.9% over ten years.
Over the whole period, current account balance as a proportion of gdp in Vietnam peaked at 5.9% in 2023 and was at its lowest, -10.9%, in 2008.
That places Vietnam 32nd out of 205 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.5% | — |
| 2001 | 2.1% | -41.2% |
| 2002 | -1.7% | -182.6% |
| 2003 | -4.9% | +183.4% |
| 2004 | -2.1% | -56.8% |
| 2005 | -1.0% | -53.9% |
| 2006 | -0.2% | -74.6% |
| 2007 | -9.0% | +3540.7% |
| 2008 | -10.9% | +21.6% |
| 2009 | -6.2% | -42.9% |
| 2010 | -2.9% | -53.4% |
| 2011 | 0.1% | -104.7% |
| 2012 | 4.8% | +3425.6% |
| 2013 | 3.6% | -24.8% |
| 2014 | 4.0% | +10.6% |
| 2015 | -0.9% | -121.3% |
| 2016 | 0.2% | -128.5% |
| 2017 | -0.6% | -341.1% |
| 2018 | 1.9% | -424.6% |
| 2019 | 3.9% | +106.0% |
| 2020 | 4.3% | +10.9% |
| 2021 | -1.3% | -129.1% |
| 2022 | 0.3% | -126.9% |
| 2023 | 5.9% | +1653.2% |
| 2024 | 5.9% | -1.0% |
Vietnam compared with similar countries
- Vietnam's 5.9% is above the median for upper middle income countries, which is -2.1%. (53 countries reporting)
- Vietnam's 5.9% is above the median for East Asia & Pacific, which is 1.1%, 5.4× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Vietnam 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 |
|---|---|---|---|
| 2007 | -3540.7% | -0.2% | -9.0% |
| 2012 | +3425.6% | 0.1% | 4.8% |
| 2023 | +1653.2% | 0.3% | 5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.0% | -10.9% | 3.5% | 10 |
| 2010s | 1.4% | -2.9% | 4.8% | 10 |
| 2020s | 3.1% | -1.3% | 5.9% | 5 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- Real gdp growth, annual growth rate 15.35 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.31 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0251 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0028 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 15.54 units per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Vietnam?
- Current account balance as a proportion of gdp in Vietnam was 5.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Vietnam?
- The highest recorded value was 5.9% in 2023.
- What is the lowest current account balance as a proportion of gdp recorded in Vietnam?
- The lowest recorded value was -10.9% in 2008.
- How does Vietnam rank for current account balance as a proportion of gdp?
- Vietnam ranks 32nd out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Vietnam?
- Over the last ten years it is up 46.9%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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