Share of service in total exports in Vietnam
Vietnam: Share of service in total exports was 406.53 billion BoP, current US$ in 2024. ◆ Volatile
Share of service in total exports in Vietnam, 1996–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
In 2024, share of service in total exports in Vietnam stood at 406.53 billion BoP, current US$. 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 Vietnam peaked at 406.53 billion BoP, current US$ in 2024 and was at its lowest, 7.25 billion BoP, current US$, in 1996.
That places Vietnam 18th out of 198 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Vietnam, year by year
| Year | BoP, current US$ | 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% |
Vietnam compared with similar countries
- Vietnam's 406.53 billion BoP, current US$ is above the median for upper middle income countries, which is 13.03 billion BoP, current US$, 31.2× the median. (56 countries reporting)
- Vietnam's 406.53 billion BoP, current US$ is above the median for East Asia & Pacific, which is 10.29 billion BoP, current US$, 39.5× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.34 billion BoP, current US$ | 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 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 share of service in total exports in Vietnam?
- Share of service in total exports in Vietnam 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 Vietnam?
- 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 Vietnam?
- The lowest recorded value was 7.25 billion BoP, current US$ in 1996.
- How does Vietnam rank for share of service in total exports?
- Vietnam ranks 18th out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Vietnam?
- Over the last ten years it is up 170.6%. The long-run trend across the full record is volatile.
- Where does this Vietnam 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.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.