Current account balance in Vietnam
Vietnam: Current account balance was 30.18 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Vietnam, 1996–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Vietnam is 30.18 billion BoP, current US$, measured in 2024. That is the highest value across all 29 years on record.
That represents a change of up 17.0% on the previous year and up 222.4% over ten years.
Over the whole period, current account balance in Vietnam peaked at 30.18 billion BoP, current US$ in 2024 and was at its lowest, -10.82 billion BoP, current US$, in 2008.
Vietnam ranks 17th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Vietnam, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1996 | -2.02 billion BoP, current US$ | — |
| 1997 | -1.53 billion BoP, current US$ | -24.4% |
| 1998 | -1.07 billion BoP, current US$ | -29.7% |
| 1999 | 1.18 billion BoP, current US$ | -209.6% |
| 2000 | 1.11 billion BoP, current US$ | -6.0% |
| 2001 | 682.00 million BoP, current US$ | -38.3% |
| 2002 | -604.00 million BoP, current US$ | -188.6% |
| 2003 | -1.93 billion BoP, current US$ | +219.7% |
| 2004 | -957.00 million BoP, current US$ | -50.4% |
| 2005 | -560.19 million BoP, current US$ | -41.5% |
| 2006 | -163.74 million BoP, current US$ | -70.8% |
| 2007 | -6.95 billion BoP, current US$ | +4146.4% |
| 2008 | -10.82 billion BoP, current US$ | +55.7% |
| 2009 | -6.61 billion BoP, current US$ | -38.9% |
| 2010 | -4.28 billion BoP, current US$ | -35.3% |
| 2011 | 236.00 million BoP, current US$ | -105.5% |
| 2012 | 9.43 billion BoP, current US$ | +3895.3% |
| 2013 | 7.75 billion BoP, current US$ | -17.9% |
| 2014 | 9.36 billion BoP, current US$ | +20.8% |
| 2015 | -2.04 billion BoP, current US$ | -121.8% |
| 2016 | 625.00 million BoP, current US$ | -130.6% |
| 2017 | -1.65 billion BoP, current US$ | -363.8% |
| 2018 | 5.90 billion BoP, current US$ | -457.8% |
| 2019 | 13.10 billion BoP, current US$ | +122.1% |
| 2020 | 15.06 billion BoP, current US$ | +15.0% |
| 2021 | -4.63 billion BoP, current US$ | -130.7% |
| 2022 | 1.40 billion BoP, current US$ | -130.3% |
| 2023 | 25.79 billion BoP, current US$ | +1739.7% |
| 2024 | 30.18 billion BoP, current US$ | +17.0% |
Vietnam compared with similar countries
- Vietnam's 30.18 billion BoP, current US$ is above the median for upper middle income countries, which is -814.98 million BoP, current US$. (57 countries reporting)
- Vietnam's 30.18 billion BoP, current US$ is above the median for East Asia & Pacific, which is 22.41 million BoP, current US$, 1346.6× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Current account balance in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | -4146.4% | -163.74 million BoP, current US$ | -6.95 billion BoP, current US$ |
| 2012 | +3895.3% | 236.00 million BoP, current US$ | 9.43 billion BoP, current US$ |
| 2023 | +1739.7% | 1.40 billion BoP, current US$ | 25.79 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -861.25 million BoP, current US$ | -2.02 billion BoP, current US$ | 1.18 billion BoP, current US$ | 4 |
| 2000s | -2.68 billion BoP, current US$ | -10.82 billion BoP, current US$ | 1.11 billion BoP, current US$ | 10 |
| 2010s | 3.84 billion BoP, current US$ | -4.28 billion BoP, current US$ | 13.10 billion BoP, current US$ | 10 |
| 2020s | 13.56 billion BoP, current US$ | -4.63 billion BoP, current US$ | 30.18 billion BoP, current US$ | 5 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- 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 current account balance in Vietnam?
- Current account balance in Vietnam was 30.18 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Vietnam?
- The highest recorded value was 30.18 billion BoP, current US$ in 2024.
- What is the lowest current account balance recorded in Vietnam?
- The lowest recorded value was -10.82 billion BoP, current US$ in 2008.
- How does Vietnam rank for current account balance?
- Vietnam ranks 17th out of 200 countries with data for 2024.
- Is current account balance rising or falling in Vietnam?
- Over the last ten years it is up 222.4%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.