Total debt service in Vietnam
Vietnam: Total debt service was 7.7% in 2024. ▲ Rising
Total debt service in Vietnam, 1996–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Vietnam recorded 7.7% for total debt service in 2024.
Compared with earlier readings it is up 2.4% on the previous year and up 82.3% over ten years.
Over the whole period, total debt service in Vietnam peaked at 10.0% in 1999 and was at its lowest, 2.0%, in 2008.
Vietnam ranks 93rd of 120 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Total debt service in Vietnam, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1996 | 4.1% | — |
| 1997 | 7.5% | +81.1% |
| 1998 | 9.1% | +21.4% |
| 1999 | 10.0% | +10.3% |
| 2000 | 7.5% | -25.1% |
| 2001 | 6.7% | -10.2% |
| 2002 | 6.1% | -8.9% |
| 2003 | 3.6% | -41.8% |
| 2004 | 2.7% | -24.8% |
| 2005 | 2.6% | -4.2% |
| 2006 | 2.1% | -17.2% |
| 2007 | 2.2% | +5.8% |
| 2008 | 2.0% | -11.6% |
| 2009 | 2.3% | +18.1% |
| 2010 | 2.4% | +0.3% |
| 2011 | 3.9% | +67.7% |
| 2012 | 3.6% | -8.4% |
| 2013 | 3.2% | -11.8% |
| 2014 | 4.2% | +33.0% |
| 2015 | 3.9% | -7.3% |
| 2016 | 4.1% | +3.5% |
| 2017 | 6.3% | +54.5% |
| 2018 | 7.3% | +15.6% |
| 2019 | 6.1% | -16.1% |
| 2020 | 5.9% | -3.7% |
| 2021 | 6.1% | +3.4% |
| 2022 | 6.8% | +11.5% |
| 2023 | 7.5% | +11.5% |
| 2024 | 7.7% | +2.4% |
Vietnam compared with similar countries
- Vietnam's 7.7% is below the median for upper middle income countries, which is 14.4%, 54% of the median. (51 countries reporting)
- Vietnam's 7.7% is below the median for East Asia & Pacific, which is 9.3%, 83% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.7% | 4.1% | 10.0% | 4 |
| 2000s | 3.8% | 2.0% | 7.5% | 10 |
| 2010s | 4.5% | 2.4% | 7.3% | 10 |
| 2020s | 6.8% | 5.9% | 7.7% | 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 total debt service in Vietnam?
- Total debt service in Vietnam was 7.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Vietnam?
- The highest recorded value was 10.0% in 1999.
- What is the lowest total debt service recorded in Vietnam?
- The lowest recorded value was 2.0% in 2008.
- How does Vietnam rank for total debt service?
- Vietnam ranks 93rd out of 120 countries with data for 2024.
- Is total debt service rising or falling in Vietnam?
- Over the last ten years it is up 82.3%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.