Services balance (credit less debit), Net (credits less debits) in Vietnam
Vietnam: Services balance (credit less debit), Net (credits less debits) 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) 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% |
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
- Net domestic credit (current LCU), per capita 121.47 million current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 29,286 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 11.41 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 0 SDR (2019)
- Gold reserves at market value 0 SDR (2019)
- Reserves excluding gold, foreign exchange 61.06 billion SDR (2025)
- Reserves excluding gold 62.49 billion SDR (2025)
- Total reserves (gold at market value) 62.49 billion SDR (2025)
- Total reserves (gold at national valuation) 63.49 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 624.87 SDR per person (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.