Services, value added in Vietnam

Vietnam: Services, value added was 8.6% in 2025. ◆ Volatile

Latest (2025)
8.6%
Change on year
up 17.0%
World rank
12th
of 197 countries
All-time high
15.1%
in 1989
All-time low
-7.7%
in 2010
Years of data
40
1986–2025

Services, value added in Vietnam, 1986–2025

-10-50510151986200520251986: -2.6 annual % growth1987: 4.5 annual % growth1988: 6.6 annual % growth1989: 15.1 annual % growth1990: 10.2 annual % growth1991: 7.7 annual % growth1992: 7.5 annual % growth1993: 8.6 annual % growth1994: 9.6 annual % growth1995: 9.8 annual % growth1996: 8.8 annual % growth1997: 7.2 annual % growth1998: 5 annual % growth1999: 2.3 annual % growth2000: 5.3 annual % growth2001: 6 annual % growth2002: 6.8 annual % growth2003: 6.5 annual % growth2004: 7.1 annual % growth2005: 8.6 annual % growth2006: 8.4 annual % growth2007: 8.5 annual % growth2008: 7.6 annual % growth2009: 6.5 annual % growth2010: -7.7 annual % growth2011: 7.6 annual % growth2012: 7 annual % growth2013: 6.8 annual % growth2014: 7.3 annual % growth2015: 7 annual % growth2016: 7.5 annual % growth2017: 7.1 annual % growth2018: 7.5 annual % growth2019: 8.1 annual % growth2020: 2 annual % growth2021: 1.7 annual % growth2022: 10.7 annual % growth2023: 6.8 annual % growth2024: 7.4 annual % growth2025: 8.6 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

The most recent figure for services, value added in Vietnam is 8.6%, measured in 2025.

Compared with earlier readings it is up 17.0% on the previous year and up 22.3% over ten years.

Over the whole period, services, value added in Vietnam peaked at 15.1% in 1989 and was at its lowest, -7.7%, in 2010.

Vietnam ranks 12th of 197 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
1980s 5.9% -2.6% 15.1% 4
1990s 7.7% 2.3% 10.2% 10
2000s 7.1% 5.3% 8.6% 10
2010s 5.8% -7.7% 8.1% 10
2020s 6.2% 1.7% 10.7% 6

Countries ranked near Vietnam

  1. 9 India 9.0% compare
  2. 10 Palau 8.9% compare
  3. 11 Niger 8.9% compare
  4. 13 Uzbekistan 8.5% compare
  5. 14 Benin 8.5% compare
  6. 15 Rwanda 8.5% compare

See the full ranking of 240 places →

More economy & growth data for Vietnam

All data for Vietnam →

Frequently asked questions

What is services, value added in Vietnam?
Services, value added in Vietnam was 8.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Vietnam?
The highest recorded value was 15.1% in 1989.
What is the lowest services, value added recorded in Vietnam?
The lowest recorded value was -7.7% in 2010.
How does Vietnam rank for services, value added?
Vietnam ranks 12th out of 197 countries with data for 2025.
Is services, value added rising or falling in Vietnam?
Over the last ten years it is up 22.3%. The long-run trend across the full record is volatile.
Where does this Vietnam data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 9,625 data points, 1961–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.