Taxes less subsidies on products (current US$) in Vietnam
Vietnam: Taxes less subsidies on products (current US$) was 40.99 billion current US$ in 2025. ▲ Rising
Taxes less subsidies on products in Vietnam, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, taxes less subsidies on products in Vietnam stood at 40.99 billion current US$. That is the highest value across all 16 years on record.
The figure is up 6.2% on the previous year and up 89.0% over ten years.
Over the whole period, taxes less subsidies on products in Vietnam peaked at 40.99 billion current US$ in 2025 and was at its lowest, 16.15 billion current US$, in 2010.
Vietnam ranks 30th of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes less subsidies on products (current US$) in Vietnam, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 16.15 billion current US$ | — |
| 2011 | 17.70 billion current US$ | +9.5% |
| 2012 | 17.25 billion current US$ | -2.5% |
| 2013 | 18.52 billion current US$ | +7.4% |
| 2014 | 20.77 billion current US$ | +12.1% |
| 2015 | 21.69 billion current US$ | +4.4% |
| 2016 | 23.68 billion current US$ | +9.2% |
| 2017 | 25.60 billion current US$ | +8.1% |
| 2018 | 27.85 billion current US$ | +8.8% |
| 2019 | 29.90 billion current US$ | +7.4% |
| 2020 | 30.40 billion current US$ | +1.6% |
| 2021 | 32.06 billion current US$ | +5.5% |
| 2022 | 35.15 billion current US$ | +9.6% |
| 2023 | 35.81 billion current US$ | +1.9% |
| 2024 | 38.59 billion current US$ | +7.7% |
| 2025 | 40.99 billion current US$ | +6.2% |
Vietnam compared with similar countries
- Vietnam's 40.99 billion current US$ is above the median for upper middle income countries, which is 3.44 billion current US$, 11.9× the median. (55 countries reporting)
- Vietnam's 40.99 billion current US$ is above the median for East Asia & Pacific, which is 956.37 million current US$, 42.9× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.91 billion current US$ | 16.15 billion current US$ | 29.90 billion current US$ | 10 |
| 2020s | 35.50 billion current US$ | 30.40 billion current US$ | 40.99 billion current US$ | 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 taxes less subsidies on products in Vietnam?
- Taxes less subsidies on products in Vietnam was 40.99 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Vietnam?
- The highest recorded value was 40.99 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Vietnam?
- The lowest recorded value was 16.15 billion current US$ in 2010.
- How does Vietnam rank for taxes less subsidies on products?
- Vietnam ranks 30th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Vietnam?
- Over the last ten years it is up 89.0%. 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 Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.