Service imports (BoP, current US$), annual growth rate in Vietnam
Vietnam: Service imports (BoP, current US$), annual growth rate was 22.37 % change on previous year in 2024. ◆ Volatile
Service imports (BoP, current US$), annual growth rate in Vietnam, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Vietnam recorded 22.37 % change on previous year for service imports (bop, current us$), annual growth rate in 2024.
That represents a change of up 268.9% on the previous year and up 354.6% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Vietnam peaked at 37.99 % change on previous year in 2022 and was at its lowest, -5.8 % change on previous year, in 2020.
Vietnam ranks 23rd of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Vietnam, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | 36.85 % change on previous year | — |
| 1998 | -0.222 % change on previous year | -100.6% |
| 1999 | -3.37 % change on previous year | +1417.7% |
| 2000 | 6.97 % change on previous year | -307.0% |
| 2001 | 4 % change on previous year | -42.7% |
| 2002 | 9.34 % change on previous year | +133.7% |
| 2003 | 9.52 % change on previous year | +1.9% |
| 2004 | 17.01 % change on previous year | +78.7% |
| 2005 | -5.63 % change on previous year | -133.1% |
| 2006 | 14.23 % change on previous year | -352.5% |
| 2007 | 32.83 % change on previous year | +130.7% |
| 2008 | 17.26 % change on previous year | -47.4% |
| 2009 | 2.9 % change on previous year | -83.2% |
| 2010 | 21.18 % change on previous year | +629.5% |
| 2011 | 19.53 % change on previous year | -7.8% |
| 2012 | 1.92 % change on previous year | -90.2% |
| 2013 | 14.34 % change on previous year | +645.7% |
| 2014 | 4.92 % change on previous year | -65.7% |
| 2015 | 10.45 % change on previous year | +112.3% |
| 2016 | 4.64 % change on previous year | -55.6% |
| 2017 | 2.04 % change on previous year | -56.0% |
| 2018 | 8.01 % change on previous year | +292.6% |
| 2019 | 2.8 % change on previous year | -65.0% |
| 2020 | -5.8 % change on previous year | -306.7% |
| 2021 | 11.13 % change on previous year | -291.9% |
| 2022 | 37.99 % change on previous year | +241.5% |
| 2023 | 6.06 % change on previous year | -84.0% |
| 2024 | 22.37 % change on previous year | +268.9% |
Vietnam compared with similar countries
- Vietnam's 22.37 % change on previous year is above the median for upper middle income countries, which is 7.47 % change on previous year, 3.0× the median. (57 countries reporting)
- Vietnam's 22.37 % change on previous year is above the median for East Asia & Pacific, which is 5.44 % change on previous year, 4.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), annual growth rate in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | -1417.7% | -0.222 % change on previous year | -3.37 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.09 % change on previous year | -3.37 % change on previous year | 36.85 % change on previous year | 3 |
| 2000s | 10.84 % change on previous year | -5.63 % change on previous year | 32.83 % change on previous year | 10 |
| 2010s | 8.98 % change on previous year | 1.92 % change on previous year | 21.18 % change on previous year | 10 |
| 2020s | 14.35 % change on previous year | -5.8 % change on previous year | 37.99 % change on previous year | 5 |
Countries ranked near Vietnam
- 20 Kyrgyzstan 22.94 % change on previous year compare
- 21 Tajikistan 22.86 % change on previous year compare
- 22 Libya 22.52 % change on previous year compare
- 24 Moldova 21.01 % change on previous year compare
- 25 Latvia 20.64 % change on previous year compare
- 26 Bangladesh 19.92 % change on previous year compare
More economy & growth data for Vietnam
- Foreign direct investment, net outflows (BoP, current US$), 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 service imports (bop, current us$), annual growth rate in Vietnam?
- Service imports (bop, current us$), annual growth rate in Vietnam was 22.37 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Vietnam?
- The highest recorded value was 37.99 % change on previous year in 2022.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Vietnam?
- The lowest recorded value was -5.8 % change on previous year in 2020.
- How does Vietnam rank for service imports (bop, current us$), annual growth rate?
- Vietnam ranks 23rd out of 199 countries with data for 2024.
- Is service imports (bop, current us$), annual growth rate rising or falling in Vietnam?
- Over the last ten years it is up 354.6%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.