Viet Nam Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Viet Nam's current account balance was 4.05% in 2025, ranked 35th globally. This represents a 31.3% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Viet Nam's current account balance stood at 4.05% in 2025, a decline of +1.84% from 2024. The IMF projects 4.05% by 2025. Viet Nam ranked 35th globally.
Vietnam’s current‑account balance has improved markedly since the early 1980s, moving from a deficit of –1.60 percent of GDP in 1980 to a surplus of 4.05 percent in 2025, ranking 35th globally. The balance reached its all‑time high of 5.95 percent in 2023, following a sharp trough of –10.92 percent during the global financial crisis in 2008, reflecting the country’s transition from a trade‑deficit economy to a net exporter of manufactured goods and services. The recent surplus places Vietnam slightly above Japan (3.90 percent) and below Azerbaijan (4.27 percent), indicating a competitive position among both advanced and emerging economies. The sustained surplus is underpinned by robust export growth, rising foreign‑direct investment, and a widening services surplus, while a modest current‑account deficit in the early 2000s corresponded with heavy capital inflows for infrastructure. Continued diversification of export markets and higher value‑added production are likely to preserve the surplus, although a sharp slowdown in global demand or significant capital outflows could reverse the trajectory.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.13% | - | - |
| 2029* IMF | 1.23% | - | - |
| 2028* IMF | 1.35% | - | - |
| 2027* IMF | 1.75% | - | - |
| 2026* IMF | 2.42% | - | - |
| 2025* IMF | 4.05% | - | - |
| 2025 | 4.05% | −1.84% | #35 |
| 2024 | 5.89% | −0.48% | #162 |
| 2023 | 5.95% | +5.60% | #166 |
| 2022 | 0.34% | +2.54% | #130 |
| 2021 | -1.26% | −5.61% | #105 |
| 2020 | 4.34% | +0.58% | #164 |
| 2019 | 3.92% | +2.02% | #160 |
| 2018 | 1.90% | +2.50% | #147 |
| 2017 | -0.59% | −0.83% | #122 |
| 2016 | 0.24% | +1.10% | #139 |
| 2015 | -0.85% | −4.55% | #124 |
| 2014 | 4.01% | +0.37% | #159 |
| 2013 | 3.62% | −1.12% | #161 |
| 2012 | 4.82% | +4.68% | #159 |
| 2011 | 0.14% | +3.12% | #139 |
Detected Pattern
Analysis
Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's current account balance was 4.05% in 2025. Ranked 35th globally. This represents a 31.3% decrease from the previous year.
Viet Nam's current account balance peaked at 5.95% in 2023.
The lowest current account balance in Viet Nam was -10.92% in 2008.
Viet Nam ranks 35th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Viet Nam's current account balance is projected to reach 4.05% by 2025 based on IMF projection.
The current account balance of Viet Nam in 2025 was 4.05%. This ranks 35th in the world.
Cite this page
@misc{historysaid_viet-nam_current-account,
title = {Viet Nam Current Account Balance},
url = {https://historysaid.com/viet-nam/current-account/},
publisher = {HistorySaid},
year = {2026}
}