Short-term debt in Vietnam
Vietnam: Short-term debt was 8.5% in 2024. ◆ Volatile
Short-term debt in Vietnam, 1996–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Vietnam recorded 8.5% for short-term debt in 2024.
Compared with earlier readings it is down 8.3% on the previous year and up 0.7% over ten years.
Over the whole period, short-term debt in Vietnam peaked at 39.0% in 1996 and was at its lowest, 3.4%, in 2002.
Vietnam ranks 78th of 119 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Vietnam, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1996 | 39.0% | — |
| 1997 | 19.8% | -49.3% |
| 1998 | 18.1% | -8.3% |
| 1999 | 16.8% | -7.5% |
| 2000 | 4.7% | -71.9% |
| 2001 | 4.0% | -15.9% |
| 2002 | 3.4% | -13.5% |
| 2003 | 3.5% | +2.0% |
| 2004 | 5.5% | +58.2% |
| 2005 | 5.5% | -0.2% |
| 2006 | 5.4% | -2.9% |
| 2007 | 7.9% | +47.1% |
| 2008 | 5.9% | -24.9% |
| 2009 | 7.5% | +27.0% |
| 2010 | 8.6% | +15.0% |
| 2011 | 10.2% | +17.4% |
| 2012 | 9.9% | -2.4% |
| 2013 | 8.5% | -14.2% |
| 2014 | 8.4% | -1.0% |
| 2015 | 6.9% | -18.0% |
| 2016 | 6.7% | -2.9% |
| 2017 | 9.6% | +42.7% |
| 2018 | 7.5% | -21.3% |
| 2019 | 8.6% | +14.5% |
| 2020 | 9.1% | +5.8% |
| 2021 | 9.7% | +6.8% |
| 2022 | 9.8% | +1.0% |
| 2023 | 9.3% | -6.0% |
| 2024 | 8.5% | -8.3% |
Vietnam compared with similar countries
- Vietnam's 8.5% is below the median for upper middle income countries, which is 17.7%, 48% of the median. (51 countries reporting)
- Vietnam's 8.5% is below the median for East Asia & Pacific, which is 11.5%, 74% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.4% | 16.8% | 39.0% | 4 |
| 2000s | 5.3% | 3.4% | 7.9% | 10 |
| 2010s | 8.5% | 6.7% | 10.2% | 10 |
| 2020s | 9.3% | 8.5% | 9.8% | 5 |
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 short-term debt in Vietnam?
- Short-term debt in Vietnam was 8.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Vietnam?
- The highest recorded value was 39.0% in 1996.
- What is the lowest short-term debt recorded in Vietnam?
- The lowest recorded value was 3.4% in 2002.
- How does Vietnam rank for short-term debt?
- Vietnam ranks 78th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Vietnam?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.