Services, value added (% of GDP) in Vietnam
Vietnam: Services, value added (% of GDP) was 42.7% in 2025. ▲ Rising
Services, value added in Vietnam, 1986–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, services, value added in Vietnam stood at 42.7%.
The figure is up 0.9% on the previous year and up 1.3% over ten years.
Over the whole period, services, value added in Vietnam peaked at 44.1% in 1995 and was at its lowest, 29.7%, in 1988.
That places Vietnam 179th out of 206 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 40 years of available data.
Services, value added (% of GDP) in Vietnam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 33.1% | — |
| 1987 | 31.1% | -6.0% |
| 1988 | 29.7% | -4.3% |
| 1989 | 35.0% | +17.7% |
| 1990 | 38.6% | +10.3% |
| 1991 | 35.7% | -7.4% |
| 1992 | 38.8% | +8.6% |
| 1993 | 41.2% | +6.3% |
| 1994 | 43.7% | +6.0% |
| 1995 | 44.1% | +0.8% |
| 1996 | 42.5% | -3.5% |
| 1997 | 42.2% | -0.8% |
| 1998 | 41.7% | -1.0% |
| 1999 | 40.1% | -4.0% |
| 2000 | 38.7% | -3.3% |
| 2001 | 38.6% | -0.3% |
| 2002 | 38.5% | -0.4% |
| 2003 | 38.0% | -1.3% |
| 2004 | 38.0% | -0.0% |
| 2005 | 42.6% | +12.1% |
| 2006 | 42.7% | +0.3% |
| 2007 | 42.8% | +0.3% |
| 2008 | 42.5% | -0.8% |
| 2009 | 43.4% | +2.2% |
| 2010 | 40.6% | -6.5% |
| 2011 | 38.9% | -4.2% |
| 2012 | 39.1% | +0.5% |
| 2013 | 40.5% | +3.6% |
| 2014 | 40.9% | +0.9% |
| 2015 | 42.2% | +3.1% |
| 2016 | 42.9% | +1.6% |
| 2017 | 42.6% | -0.6% |
| 2018 | 42.2% | -1.0% |
| 2019 | 42.5% | +0.7% |
| 2020 | 41.8% | -1.5% |
| 2021 | 41.3% | -1.4% |
| 2022 | 41.1% | -0.3% |
| 2023 | 42.3% | +2.8% |
| 2024 | 42.4% | +0.2% |
| 2025 | 42.7% | +0.9% |
Vietnam compared with similar countries
- Vietnam's 42.7% is below the median for upper middle income countries, which is 58.1%, 74% of the median. (58 countries reporting)
- Vietnam's 42.7% is below the median for East Asia & Pacific, which is 60.2%, 71% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.2% | 29.7% | 35.0% | 4 |
| 1990s | 40.9% | 35.7% | 44.1% | 10 |
| 2000s | 40.6% | 38.0% | 43.4% | 10 |
| 2010s | 41.2% | 38.9% | 42.9% | 10 |
| 2020s | 41.9% | 41.1% | 42.7% | 6 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.31 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0251 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0028 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 15.54 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Vietnam?
- Services, value added in Vietnam was 42.7% 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 44.1% in 1995.
- What is the lowest services, value added recorded in Vietnam?
- The lowest recorded value was 29.7% in 1988.
- How does Vietnam rank for services, value added?
- Vietnam ranks 179th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Vietnam?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 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 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.