Gross savings in Viet Nam
Viet Nam: Gross savings was 37.0% in 2024. ▲ Rising
Gross savings in Viet Nam, 1996–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Viet Nam recorded 37.0% for gross savings in 2024. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 12.3% over ten years.
Over the whole period, gross savings in Viet Nam peaked at 37.0% in 2024 and was at its lowest, 21.2%, in 1996.
Viet Nam ranks 18th of 178 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 29 years of available data.
Gross savings in Viet Nam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1996 | 21.2% | — |
| 1997 | 21.8% | +2.8% |
| 1998 | 23.3% | +7.1% |
| 1999 | 26.9% | +15.1% |
| 2000 | 31.2% | +16.3% |
| 2001 | 31.3% | +0.2% |
| 2002 | 32.5% | +3.9% |
| 2003 | 31.5% | -3.2% |
| 2004 | 33.5% | +6.3% |
| 2005 | 33.1% | -1.2% |
| 2006 | 33.3% | +0.8% |
| 2007 | 31.8% | -4.5% |
| 2008 | 27.9% | -12.4% |
| 2009 | 27.5% | -1.4% |
| 2010 | 33.4% | +21.6% |
| 2011 | 35.8% | +7.0% |
| 2012 | 34.9% | -2.5% |
| 2013 | 33.2% | -4.8% |
| 2014 | 33.0% | -0.6% |
| 2015 | 28.1% | -14.9% |
| 2016 | 28.5% | +1.4% |
| 2017 | 28.9% | +1.4% |
| 2018 | 30.9% | +7.2% |
| 2019 | 31.3% | +1.3% |
| 2020 | 33.0% | +5.3% |
| 2021 | 32.6% | -1.2% |
| 2022 | 33.0% | +1.4% |
| 2023 | 35.0% | +5.9% |
| 2024 | 37.0% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.3% | 21.2% | 26.9% | 4 |
| 2000s | 31.4% | 27.5% | 33.5% | 10 |
| 2010s | 31.8% | 28.1% | 35.8% | 10 |
| 2020s | 34.1% | 32.6% | 37.0% | 5 |
Countries ranked near Viet Nam
- 15 Marshall Islands 38.1% compare
- 16 Iran, Islamic Republic of 37.9% compare
- 17 Norway 37.3% compare
- 19 Switzerland 36.7% compare
- 20 Tanzania, United Republic of 36.5% compare
- 21 Nepal 36.0% compare
More economy & growth data for Viet Nam
- Imports of goods and services (constant 2015 US$), annual growth rate 17.12 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.7954 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 4,029 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 3.11 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 6.51 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 8.05 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,907 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 14.72 million current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.78 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0934 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Viet Nam?
- Gross savings in Viet Nam was 37.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Viet Nam?
- The highest recorded value was 37.0% in 2024.
- What is the lowest gross savings recorded in Viet Nam?
- The lowest recorded value was 21.2% in 1996.
- How does Viet Nam rank for gross savings?
- Viet Nam ranks 18th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Viet Nam?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.