Service exports in Vietnam
Vietnam: Service exports was 25.02 billion BoP, current US$ in 2024. ◆ Volatile
Service exports in Vietnam, 1996–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Vietnam stood at 25.02 billion BoP, current US$. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 23.5% on the previous year and up 128.1% over ten years.
Over the whole period, service exports in Vietnam peaked at 25.02 billion BoP, current US$ in 2024 and was at its lowest, 2.24 billion BoP, current US$, in 1996.
Vietnam ranks 47th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.47 billion BoP, current US$ | 2.24 billion BoP, current US$ | 2.62 billion BoP, current US$ | 4 |
| 2000s | 4.37 billion BoP, current US$ | 2.70 billion BoP, current US$ | 7.01 billion BoP, current US$ | 10 |
| 2010s | 11.59 billion BoP, current US$ | 7.46 billion BoP, current US$ | 16.64 billion BoP, current US$ | 10 |
| 2020s | 14.12 billion BoP, current US$ | 4.21 billion BoP, current US$ | 25.02 billion BoP, current US$ | 5 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- Gross capital formation 30.8% (2025)
- Changes in inventories 8.18 billion current US$ (2025)
- Changes in inventories 204.23 trillion current LCU (2025)
- GDP 6,763.10 trillion constant LCU (2025)
- Gross capital formation 158.50 billion current US$ (2025)
- Gross capital formation 3,956.43 trillion current LCU (2025)
- Gross capital formation 148.92 billion constant 2015 US$ (2025)
- Gross capital formation 8.7% (2025)
- GDP growth 8.0% (2025)
- External balance on goods and services 31.66 billion current US$ (2025)
Frequently asked questions
- What is service exports in Vietnam?
- Service exports in Vietnam was 25.02 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Vietnam?
- The highest recorded value was 25.02 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Vietnam?
- The lowest recorded value was 2.24 billion BoP, current US$ in 1996.
- How does Vietnam rank for service exports?
- Vietnam ranks 47th out of 199 countries with data for 2024.
- Is service exports rising or falling in Vietnam?
- Over the last ten years it is up 128.1%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.