Share of service in total exports in Viet Nam
Viet Nam: Share of service in total exports was 406.53 billion BoP, current US$ in 2024. ◆ Volatile
Share of service in total exports in Viet Nam, 1996–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
In 2024, share of service in total exports in Viet Nam stood at 406.53 billion BoP, current US$. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 14.6% on the previous year and up 170.6% over ten years.
Over the whole period, share of service in total exports in Viet Nam peaked at 406.53 billion BoP, current US$ in 2024 and was at its lowest, 7.25 billion BoP, current US$, in 1996.
That places Viet Nam 18th out of 198 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Viet Nam, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1996 | 7.25 billion BoP, current US$ | — |
| 1997 | 9.19 billion BoP, current US$ | +26.6% |
| 1998 | 9.36 billion BoP, current US$ | +1.9% |
| 1999 | 11.54 billion BoP, current US$ | +23.3% |
| 2000 | 14.45 billion BoP, current US$ | +25.2% |
| 2001 | 15.03 billion BoP, current US$ | +4.0% |
| 2002 | 16.71 billion BoP, current US$ | +11.2% |
| 2003 | 20.15 billion BoP, current US$ | +20.6% |
| 2004 | 26.48 billion BoP, current US$ | +31.4% |
| 2005 | 32.45 billion BoP, current US$ | +22.5% |
| 2006 | 39.83 billion BoP, current US$ | +22.7% |
| 2007 | 48.56 billion BoP, current US$ | +21.9% |
| 2008 | 62.69 billion BoP, current US$ | +29.1% |
| 2009 | 57.10 billion BoP, current US$ | -8.9% |
| 2010 | 72.24 billion BoP, current US$ | +26.5% |
| 2011 | 96.91 billion BoP, current US$ | +34.2% |
| 2012 | 114.69 billion BoP, current US$ | +18.4% |
| 2013 | 132.03 billion BoP, current US$ | +15.1% |
| 2014 | 150.22 billion BoP, current US$ | +13.8% |
| 2015 | 162.02 billion BoP, current US$ | +7.9% |
| 2016 | 176.58 billion BoP, current US$ | +9.0% |
| 2017 | 215.12 billion BoP, current US$ | +21.8% |
| 2018 | 243.70 billion BoP, current US$ | +13.3% |
| 2019 | 264.19 billion BoP, current US$ | +8.4% |
| 2020 | 282.63 billion BoP, current US$ | +7.0% |
| 2021 | 335.92 billion BoP, current US$ | +18.9% |
| 2022 | 371.71 billion BoP, current US$ | +10.7% |
| 2023 | 354.72 billion BoP, current US$ | -4.6% |
| 2024 | 406.53 billion BoP, current US$ | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.34 billion BoP, current US$ | 7.25 billion BoP, current US$ | 11.54 billion BoP, current US$ | 4 |
| 2000s | 33.34 billion BoP, current US$ | 14.45 billion BoP, current US$ | 62.69 billion BoP, current US$ | 10 |
| 2010s | 162.77 billion BoP, current US$ | 72.24 billion BoP, current US$ | 264.19 billion BoP, current US$ | 10 |
| 2020s | 350.30 billion BoP, current US$ | 282.63 billion BoP, current US$ | 406.53 billion BoP, current US$ | 5 |
Countries ranked near Viet Nam
- 15 India 449.82 billion BoP, current US$ compare
- 16 Spain 443.35 billion BoP, current US$ compare
- 17 Russian Federation 422.07 billion BoP, current US$ compare
- 19 Poland 390.50 billion BoP, current US$ compare
- 20 Belgium 387.36 billion BoP, current US$ compare
- 21 Ireland 356.35 billion BoP, current US$ compare
More economy & growth data for Viet Nam
- Imports of goods and services (constant 2015 US$), annual growth rate 17.12 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.7954 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 4,029 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 3.11 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 6.51 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 8.05 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,907 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 14.72 million current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.78 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0934 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is share of service in total exports in Viet Nam?
- Share of service in total exports in Viet Nam was 406.53 billion BoP, current US$ in 2024, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Viet Nam?
- The highest recorded value was 406.53 billion BoP, current US$ in 2024.
- What is the lowest share of service in total exports recorded in Viet Nam?
- The lowest recorded value was 7.25 billion BoP, current US$ in 1996.
- How does Viet Nam rank for share of service in total exports?
- Viet Nam ranks 18th out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Viet Nam?
- Over the last ten years it is up 170.6%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.