Services balance (credit less debit), Net (credits less debits) (US) in Vietnam
Vietnam: Services balance (credit less debit), Net (credits less debits) (US) was -12.33 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Vietnam, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Vietnam is -12.33 billion, measured in 2024.
That represents a change of down 39.7% on the previous year and down 249.3% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Vietnam peaked at -8.18 million in 2006 and was at its lowest, -15.67 billion, in 2021.
Vietnam ranks 183rd of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -296.00 million | — |
| 2006 | -8.18 million | -97.2% |
| 2007 | -755.00 million | +9126.7% |
| 2008 | -950.00 million | +25.8% |
| 2009 | -2.42 billion | +154.8% |
| 2010 | -2.46 billion | +1.7% |
| 2011 | -2.98 billion | +21.1% |
| 2012 | -2.47 billion | -17.2% |
| 2013 | -3.11 billion | +26.0% |
| 2014 | -3.53 billion | +13.5% |
| 2015 | -4.76 billion | +35.0% |
| 2016 | -4.26 billion | -10.6% |
| 2017 | -4.03 billion | -5.4% |
| 2018 | -3.68 billion | -8.7% |
| 2019 | -2.35 billion | -36.1% |
| 2020 | -10.29 billion | +337.6% |
| 2021 | -15.67 billion | +52.3% |
| 2022 | -13.90 billion | -11.3% |
| 2023 | -8.83 billion | -36.5% |
| 2024 | -12.33 billion | +39.7% |
Vietnam compared with similar countries
- Vietnam's -12.33 billion is below the median for upper middle income countries, which is 5.85 million. (54 countries reporting)
- Vietnam's -12.33 billion is below the median for East Asia & Pacific, which is -101.20 million, 121.9× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2007 | -9126.7% | -8.18 million | -755.00 million |
| 2020 | -337.6% | -2.35 billion | -10.29 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -886.04 million | -2.42 billion | -8.18 million | 5 |
| 2010s | -3.36 billion | -4.76 billion | -2.35 billion | 10 |
| 2020s | -12.20 billion | -15.67 billion | -8.83 billion | 5 |
Countries ranked near Vietnam
More financial sector data for Vietnam
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0001 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0001 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Vietnam?
- Services balance (credit less debit), net (credits less debits) in Vietnam was -12.33 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Vietnam?
- The highest recorded value was -8.18 million in 2006.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Vietnam?
- The lowest recorded value was -15.67 billion in 2021.
- How does Vietnam rank for services balance (credit less debit), net (credits less debits)?
- Vietnam ranks 183rd out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Vietnam?
- Over the last ten years it is down 249.3%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.