Services, value added in Vietnam
Vietnam: Services, value added was 8.6% in 2025. ◆ Volatile
Services, value added in Vietnam, 1986–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in Vietnam is 8.6%, measured in 2025.
Compared with earlier readings it is up 17.0% on the previous year and up 22.3% over ten years.
Over the whole period, services, value added in Vietnam peaked at 15.1% in 1989 and was at its lowest, -7.7%, in 2010.
Vietnam ranks 12th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Vietnam, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1986 | -2.6% | — |
| 1987 | 4.5% | -271.7% |
| 1988 | 6.6% | +46.3% |
| 1989 | 15.1% | +130.1% |
| 1990 | 10.2% | -32.4% |
| 1991 | 7.7% | -24.2% |
| 1992 | 7.5% | -3.6% |
| 1993 | 8.6% | +15.6% |
| 1994 | 9.6% | +11.0% |
| 1995 | 9.8% | +2.7% |
| 1996 | 8.8% | -10.5% |
| 1997 | 7.2% | -18.5% |
| 1998 | 5.0% | -29.8% |
| 1999 | 2.3% | -55.3% |
| 2000 | 5.3% | +136.1% |
| 2001 | 6.0% | +12.6% |
| 2002 | 6.8% | +13.3% |
| 2003 | 6.5% | -3.5% |
| 2004 | 7.1% | +8.4% |
| 2005 | 8.6% | +21.2% |
| 2006 | 8.4% | -2.4% |
| 2007 | 8.5% | +1.8% |
| 2008 | 7.6% | -11.5% |
| 2009 | 6.5% | -13.3% |
| 2010 | -7.7% | -216.9% |
| 2011 | 7.6% | -200.0% |
| 2012 | 7.0% | -8.1% |
| 2013 | 6.8% | -3.0% |
| 2014 | 7.3% | +7.3% |
| 2015 | 7.0% | -3.6% |
| 2016 | 7.5% | +5.9% |
| 2017 | 7.1% | -4.6% |
| 2018 | 7.5% | +4.7% |
| 2019 | 8.1% | +8.4% |
| 2020 | 2.0% | -75.2% |
| 2021 | 1.7% | -12.8% |
| 2022 | 10.7% | +509.7% |
| 2023 | 6.8% | -36.1% |
| 2024 | 7.4% | +8.1% |
| 2025 | 8.6% | +17.0% |
Vietnam compared with similar countries
- Vietnam's 8.6% is above the median for upper middle income countries, which is 3.3%, 2.6× the median. (58 countries reporting)
- Vietnam's 8.6% is above the median for East Asia & Pacific, which is 3.4%, 2.5× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Services, value added 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 |
|---|---|---|---|
| 2022 | +509.7% | 1.7% | 10.7% |
| 1987 | +271.7% | -2.6% | 4.5% |
| 2010 | -216.9% | 6.5% | -7.7% |
| 2011 | +200.0% | -7.7% | 7.6% |
| 2000 | +136.1% | 2.3% | 5.3% |
| 1989 | +130.1% | 6.6% | 15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.9% | -2.6% | 15.1% | 4 |
| 1990s | 7.7% | 2.3% | 10.2% | 10 |
| 2000s | 7.1% | 5.3% | 8.6% | 10 |
| 2010s | 5.8% | -7.7% | 8.1% | 10 |
| 2020s | 6.2% | 1.7% | 10.7% | 6 |
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 services, value added in Vietnam?
- Services, value added in Vietnam was 8.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Vietnam?
- The highest recorded value was 15.1% in 1989.
- What is the lowest services, value added recorded in Vietnam?
- The lowest recorded value was -7.7% in 2010.
- How does Vietnam rank for services, value added?
- Vietnam ranks 12th out of 198 countries with data for 2025.
- Is services, value added rising or falling in Vietnam?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.