Trade in services (% of GDP) in Vietnam
Vietnam: Trade in services (% of GDP) was 13.8% in 2025. ▼ Falling
Trade in services in Vietnam, 1996–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Vietnam stood at 13.8%.
That represents a change of up 8.2% on the previous year and up 20.8% over ten years.
Over the whole period, trade in services in Vietnam peaked at 21.2% in 1998 and was at its lowest, 6.6%, in 2021.
That places Vietnam 138th out of 200 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Trade in services (% of GDP) in Vietnam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1996 | 18.4% | — |
| 1997 | 21.2% | +14.8% |
| 1998 | 21.2% | +0.0% |
| 1999 | 19.3% | -8.9% |
| 2000 | 19.1% | -1.0% |
| 2001 | 18.9% | -0.8% |
| 2002 | 19.0% | +0.1% |
| 2003 | 18.5% | -2.3% |
| 2004 | 18.9% | +2.3% |
| 2005 | 15.0% | -20.8% |
| 2006 | 15.4% | +2.5% |
| 2007 | 16.6% | +7.6% |
| 2008 | 15.1% | -8.8% |
| 2009 | 13.2% | -12.8% |
| 2010 | 11.8% | -10.3% |
| 2011 | 12.0% | +1.8% |
| 2012 | 11.1% | -7.6% |
| 2013 | 11.5% | +3.4% |
| 2014 | 10.9% | -5.0% |
| 2015 | 11.4% | +4.4% |
| 2016 | 11.4% | -0.1% |
| 2017 | 10.7% | -5.8% |
| 2018 | 10.7% | +0.0% |
| 2019 | 10.7% | -0.7% |
| 2020 | 7.4% | -31.0% |
| 2021 | 6.6% | -10.6% |
| 2022 | 9.9% | +50.7% |
| 2023 | 11.4% | +14.9% |
| 2024 | 12.7% | +11.9% |
| 2025 | 13.8% | +8.2% |
Vietnam compared with similar countries
- Vietnam's 13.8% is below the median for upper middle income countries, which is 26.5%, 52% of the median. (57 countries reporting)
- Vietnam's 13.8% is below the median for East Asia & Pacific, which is 26.5%, 52% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Trade in services (% of GDP) in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +50.7% | 6.6% | 9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.0% | 18.4% | 21.2% | 4 |
| 2000s | 17.0% | 13.2% | 19.1% | 10 |
| 2010s | 11.2% | 10.7% | 12.0% | 10 |
| 2020s | 10.3% | 6.6% | 13.8% | 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 trade in services in Vietnam?
- Trade in services in Vietnam was 13.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Vietnam?
- The highest recorded value was 21.2% in 1998.
- What is the lowest trade in services recorded in Vietnam?
- The lowest recorded value was 6.6% in 2021.
- How does Vietnam rank for trade in services?
- Vietnam ranks 138th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Vietnam?
- Over the last ten years it is up 20.8%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.