External balance on goods and services in Viet Nam
Viet Nam: External balance on goods and services was 6.2% in 2025. ◆ Volatile
External balance on goods and services in Viet Nam, 1986–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services in Viet Nam stood at 6.2%.
That represents a change of down 4.6% on the previous year and up 560.5% over ten years.
Over the whole period, external balance on goods and services in Viet Nam peaked at 8.5% in 2023 and was at its lowest, -13.6%, in 2008.
Viet Nam ranks 31st of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Viet Nam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | -10.0% | — |
| 1987 | -8.8% | -11.8% |
| 1988 | -11.1% | +25.7% |
| 1989 | -10.2% | -7.7% |
| 1990 | -9.2% | -9.5% |
| 1991 | -5.1% | -44.6% |
| 1992 | -4.1% | -20.2% |
| 1993 | -8.8% | +114.6% |
| 1994 | -9.4% | +7.8% |
| 1995 | -9.1% | -3.7% |
| 1996 | -11.0% | +20.6% |
| 1997 | -8.1% | -25.8% |
| 1998 | -7.3% | -10.3% |
| 1999 | -2.9% | -60.9% |
| 2000 | -3.6% | +25.2% |
| 2001 | -1.8% | -48.7% |
| 2002 | -7.2% | +294.0% |
| 2003 | -11.0% | +52.1% |
| 2004 | -13.6% | +23.4% |
| 2005 | -3.3% | -75.5% |
| 2006 | -2.9% | -13.1% |
| 2007 | -13.6% | +371.2% |
| 2008 | -13.6% | +0.5% |
| 2009 | -9.5% | -30.5% |
| 2010 | -5.6% | -40.7% |
| 2011 | -2.9% | -48.4% |
| 2012 | 3.7% | -228.4% |
| 2013 | 2.8% | -26.0% |
| 2014 | 3.8% | +37.5% |
| 2015 | 0.9% | -75.4% |
| 2016 | 2.8% | +201.1% |
| 2017 | 2.5% | -9.3% |
| 2018 | 4.2% | +64.4% |
| 2019 | 5.6% | +34.1% |
| 2020 | 5.5% | -1.7% |
| 2021 | 1.0% | -81.4% |
| 2022 | 3.7% | +259.8% |
| 2023 | 8.5% | +130.0% |
| 2024 | 6.4% | -24.0% |
| 2025 | 6.2% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -10.0% | -11.1% | -8.8% | 4 |
| 1990s | -7.5% | -11.0% | -2.9% | 10 |
| 2000s | -8.0% | -13.6% | -1.8% | 10 |
| 2010s | 1.8% | -5.6% | 5.6% | 10 |
| 2020s | 5.2% | 1.0% | 8.5% | 6 |
Countries ranked near Viet Nam
- 28 Zambia 7.4% compare
- 29 Azerbaijan 6.2% compare
- 30 Costa Rica 6.2% compare
- 32 Kazakhstan 6.0% compare
- 33 Czechia 5.9% compare
- 34 Libya 5.8% compare
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 external balance on goods and services in Viet Nam?
- External balance on goods and services in Viet Nam was 6.2% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Viet Nam?
- The highest recorded value was 8.5% in 2023.
- What is the lowest external balance on goods and services recorded in Viet Nam?
- The lowest recorded value was -13.6% in 2008.
- How does Viet Nam rank for external balance on goods and services?
- Viet Nam ranks 31st out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Viet Nam?
- Over the last ten years it is up 560.5%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.