Current account balance in Vietnam

Vietnam: Current account balance was 30.18 billion BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
30.18 billion BoP, current US$
Change on year
up 17.0%
World rank
17th
of 199 countries
All-time high
30.18 billion BoP, current US$
in 2024
All-time low
-10.82 billion BoP, current US$
in 2008
Years of data
29
1996–2024

Current account balance in Vietnam, 1996–2024

-10.0B010.0B20.0B30.0B1996201020241996: -2.0B BoP, current US$1997: -1.5B BoP, current US$1998: -1.1B BoP, current US$1999: 1.2B BoP, current US$2000: 1.1B BoP, current US$2001: 682.0M BoP, current US$2002: -604.0M BoP, current US$2003: -1.9B BoP, current US$2004: -957.0M BoP, current US$2005: -560.2M BoP, current US$2006: -163.7M BoP, current US$2007: -7.0B BoP, current US$2008: -10.8B BoP, current US$2009: -6.6B BoP, current US$2010: -4.3B BoP, current US$2011: 236.0M BoP, current US$2012: 9.4B BoP, current US$2013: 7.7B BoP, current US$2014: 9.4B BoP, current US$2015: -2.0B BoP, current US$2016: 625.0M BoP, current US$2017: -1.6B BoP, current US$2018: 5.9B BoP, current US$2019: 13.1B BoP, current US$2020: 15.1B BoP, current US$2021: -4.6B BoP, current US$2022: 1.4B BoP, current US$2023: 25.8B BoP, current US$2024: 30.2B BoP, current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

The most recent figure for current account balance in Vietnam is 30.18 billion BoP, current US$, measured in 2024. That is the highest value across all 29 years on record.

That represents a change of up 17.0% on the previous year and up 222.4% over ten years.

Over the whole period, current account balance in Vietnam peaked at 30.18 billion BoP, current US$ in 2024 and was at its lowest, -10.82 billion BoP, current US$, in 2008.

Vietnam ranks 17th of 199 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -861.25 million BoP, current US$ -2.02 billion BoP, current US$ 1.18 billion BoP, current US$ 4
2000s -2.68 billion BoP, current US$ -10.82 billion BoP, current US$ 1.11 billion BoP, current US$ 10
2010s 3.84 billion BoP, current US$ -4.28 billion BoP, current US$ 13.10 billion BoP, current US$ 10
2020s 13.56 billion BoP, current US$ -4.63 billion BoP, current US$ 30.18 billion BoP, current US$ 5

Countries ranked near Vietnam

  1. 14 Sweden 40.51 billion BoP, current US$ compare
  2. 15 Kuwait 35.68 billion BoP, current US$ compare
  3. 16 Qatar 31.93 billion BoP, current US$ compare
  4. 18 Italy 29.26 billion BoP, current US$ compare
  5. 19 Macao 16.69 billion BoP, current US$ compare
  6. 20 Thailand 15.94 billion BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Vietnam

All data for Vietnam →

Frequently asked questions

What is current account balance in Vietnam?
Current account balance in Vietnam was 30.18 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest current account balance recorded in Vietnam?
The highest recorded value was 30.18 billion BoP, current US$ in 2024.
What is the lowest current account balance recorded in Vietnam?
The lowest recorded value was -10.82 billion BoP, current US$ in 2008.
How does Vietnam rank for current account balance?
Vietnam ranks 17th out of 199 countries with data for 2024.
Is current account balance rising or falling in Vietnam?
Over the last ten years it is up 222.4%. The long-run trend across the full record is volatile.
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 Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Current account balance (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,806 data points, 1960–2025
Last refreshed

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.