Value of imported goods as a share of GDP in Viet Nam
Viet Nam: Value of imported goods as a share of GDP was 76.8% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Viet Nam, 1985–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, value of imported goods as a share of gdp in Viet Nam stood at 76.8%.
The figure is up 4.5% on the previous year and up 23.8% over ten years.
Over the whole period, value of imported goods as a share of gdp in Viet Nam peaked at 88.6% in 2021 and was at its lowest, 6.1%, in 1987.
That places Viet Nam 15th out of 201 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Value of imported goods as a share of GDP in Viet Nam, year by year
| Year | % | Change |
|---|---|---|
| 1985 | 11.8% | — |
| 1986 | 7.4% | -37.8% |
| 1987 | 6.1% | -17.7% |
| 1988 | 9.4% | +54.7% |
| 1989 | 33.3% | +254.4% |
| 1990 | 25.3% | -24.0% |
| 1991 | 18.6% | -26.3% |
| 1992 | 21.5% | +15.1% |
| 1993 | 26.3% | +22.5% |
| 1994 | 30.9% | +17.7% |
| 1995 | 36.5% | +18.1% |
| 1996 | 42.7% | +16.9% |
| 1997 | 42.3% | -1.0% |
| 1998 | 41.5% | -1.8% |
| 1999 | 40.8% | -1.7% |
| 2000 | 49.8% | +22.0% |
| 2001 | 49.0% | -1.6% |
| 2002 | 55.8% | +13.9% |
| 2003 | 63.3% | +13.5% |
| 2004 | 70.0% | +10.6% |
| 2005 | 63.5% | -9.4% |
| 2006 | 67.1% | +5.7% |
| 2007 | 80.5% | +20.0% |
| 2008 | 80.6% | +0.2% |
| 2009 | 64.8% | -19.6% |
| 2010 | 56.6% | -12.6% |
| 2011 | 60.5% | +6.8% |
| 2012 | 57.1% | -5.7% |
| 2013 | 60.5% | +6.0% |
| 2014 | 62.0% | +2.5% |
| 2015 | 68.5% | +10.4% |
| 2016 | 67.5% | -1.4% |
| 2017 | 75.1% | +11.2% |
| 2018 | 75.0% | -0.1% |
| 2019 | 74.5% | -0.7% |
| 2020 | 74.7% | +0.3% |
| 2021 | 88.6% | +18.7% |
| 2022 | 84.9% | -4.3% |
| 2023 | 73.4% | -13.5% |
| 2024 | 76.8% | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.6% | 6.1% | 33.3% | 5 |
| 1990s | 32.6% | 18.6% | 42.7% | 10 |
| 2000s | 64.4% | 49.0% | 80.6% | 10 |
| 2010s | 65.7% | 56.6% | 75.1% | 10 |
| 2020s | 79.7% | 73.4% | 88.6% | 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 value of imported goods as a share of gdp in Viet Nam?
- Value of imported goods as a share of gdp in Viet Nam was 76.8% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Viet Nam?
- The highest recorded value was 88.6% in 2021.
- What is the lowest value of imported goods as a share of gdp recorded in Viet Nam?
- The lowest recorded value was 6.1% in 1987.
- How does Viet Nam rank for value of imported goods as a share of gdp?
- Viet Nam ranks 15th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Viet Nam?
- Over the last ten years it is up 23.8%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).