Services, value added in Vietnam
Vietnam: Services, value added was 193.10 billion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in Vietnam, 1985–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Vietnam recorded 193.10 billion constant 2015 US$ for services, value added in 2025. That is the highest value across all 41 years on record.
That represents a change of up 8.6% on the previous year and up 91.3% over ten years.
Over the whole period, services, value added in Vietnam peaked at 193.10 billion constant 2015 US$ in 2025 and was at its lowest, 14.50 billion constant 2015 US$, in 1986.
That places Vietnam 41st out of 196 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Vietnam, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1985 | 14.89 billion constant 2015 US$ | — |
| 1986 | 14.50 billion constant 2015 US$ | -2.6% |
| 1987 | 15.15 billion constant 2015 US$ | +4.5% |
| 1988 | 16.15 billion constant 2015 US$ | +6.6% |
| 1989 | 18.59 billion constant 2015 US$ | +15.1% |
| 1990 | 20.49 billion constant 2015 US$ | +10.2% |
| 1991 | 22.08 billion constant 2015 US$ | +7.7% |
| 1992 | 23.72 billion constant 2015 US$ | +7.5% |
| 1993 | 25.77 billion constant 2015 US$ | +8.6% |
| 1994 | 28.24 billion constant 2015 US$ | +9.6% |
| 1995 | 31.01 billion constant 2015 US$ | +9.8% |
| 1996 | 33.74 billion constant 2015 US$ | +8.8% |
| 1997 | 36.16 billion constant 2015 US$ | +7.2% |
| 1998 | 37.98 billion constant 2015 US$ | +5.0% |
| 1999 | 38.84 billion constant 2015 US$ | +2.3% |
| 2000 | 40.90 billion constant 2015 US$ | +5.3% |
| 2001 | 43.35 billion constant 2015 US$ | +6.0% |
| 2002 | 46.29 billion constant 2015 US$ | +6.8% |
| 2003 | 49.32 billion constant 2015 US$ | +6.5% |
| 2004 | 52.82 billion constant 2015 US$ | +7.1% |
| 2005 | 57.36 billion constant 2015 US$ | +8.6% |
| 2006 | 62.17 billion constant 2015 US$ | +8.4% |
| 2007 | 67.48 billion constant 2015 US$ | +8.5% |
| 2008 | 72.57 billion constant 2015 US$ | +7.6% |
| 2009 | 77.32 billion constant 2015 US$ | +6.5% |
| 2010 | 71.41 billion constant 2015 US$ | -7.7% |
| 2011 | 76.87 billion constant 2015 US$ | +7.6% |
| 2012 | 82.27 billion constant 2015 US$ | +7.0% |
| 2013 | 87.88 billion constant 2015 US$ | +6.8% |
| 2014 | 94.31 billion constant 2015 US$ | +7.3% |
| 2015 | 100.95 billion constant 2015 US$ | +7.0% |
| 2016 | 108.49 billion constant 2015 US$ | +7.5% |
| 2017 | 116.21 billion constant 2015 US$ | +7.1% |
| 2018 | 124.88 billion constant 2015 US$ | +7.5% |
| 2019 | 134.97 billion constant 2015 US$ | +8.1% |
| 2020 | 137.68 billion constant 2015 US$ | +2.0% |
| 2021 | 140.09 billion constant 2015 US$ | +1.7% |
| 2022 | 155.02 billion constant 2015 US$ | +10.7% |
| 2023 | 165.59 billion constant 2015 US$ | +6.8% |
| 2024 | 177.78 billion constant 2015 US$ | +7.4% |
| 2025 | 193.10 billion constant 2015 US$ | +8.6% |
Vietnam compared with similar countries
- Vietnam's 193.10 billion constant 2015 US$ is above the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 7.3× the median. (58 countries reporting)
- Vietnam's 193.10 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 14.44 billion constant 2015 US$, 13.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.86 billion constant 2015 US$ | 14.50 billion constant 2015 US$ | 18.59 billion constant 2015 US$ | 5 |
| 1990s | 29.80 billion constant 2015 US$ | 20.49 billion constant 2015 US$ | 38.84 billion constant 2015 US$ | 10 |
| 2000s | 56.96 billion constant 2015 US$ | 40.90 billion constant 2015 US$ | 77.32 billion constant 2015 US$ | 10 |
| 2010s | 99.82 billion constant 2015 US$ | 71.41 billion constant 2015 US$ | 134.97 billion constant 2015 US$ | 10 |
| 2020s | 161.54 billion constant 2015 US$ | 137.68 billion constant 2015 US$ | 193.10 billion constant 2015 US$ | 6 |
Countries ranked near Vietnam
- 38 Colombia 231.82 billion constant 2015 US$ compare
- 39 Denmark 230.45 billion constant 2015 US$ compare
- 40 Pakistan 229.48 billion constant 2015 US$ compare
- 42 Chile 186.17 billion constant 2015 US$ compare
- 43 Bangladesh 182.03 billion constant 2015 US$ compare
- 44 Finland 162.11 billion constant 2015 US$ 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 services, value added in Vietnam?
- Services, value added in Vietnam was 193.10 billion constant 2015 US$ 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 193.10 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Vietnam?
- The lowest recorded value was 14.50 billion constant 2015 US$ in 1986.
- How does Vietnam rank for services, value added?
- Vietnam ranks 41st out of 196 countries with data for 2025.
- Is services, value added rising or falling in Vietnam?
- Over the last ten years it is up 91.3%. 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
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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 defense, 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.