Viet Nam Debt Service
Total debt service as % of exports DT.TDS.DECT.EX.ZS
Viet Nam's debt service was 8.35% in 2025, ranked 74th globally. This represents a 8.1% increase from 2024. Data from World Bank, covering 1996–2025.
Overview
Viet Nam's debt service stood at 8.35% in 2025, a rise of +0.63% from 2024. Based on recent trends, this figure is projected to reach 8.35% by 2025. Viet Nam ranked 74th globally.
Vietnam’s debt‑service burden has risen to 8.35 percent of export earnings in 2025, placing the country 74th in the global ranking and slightly above peers such as India (8.33) and Eswatini (8.38). The indicator has more than doubled since the earliest observation in 1996 (4.12 percent) and remains close to its all‑time high of 9.98 percent recorded in 1999, while the lowest point of 1.98 percent occurred in 2008 during the global financial crisis. Over the 30‑year coverage period, the upward trajectory reflects Vietnam’s rapid fiscal expansion, higher external borrowing, and a maturing export base that has not kept pace with debt‑service obligations. The modest decline from the 1999 peak suggests some easing, yet the current level signals persistent pressure on public finances. Continued improvement in export performance, coupled with disciplined borrowing, will be pivotal to reversing the upward trend and reducing the debt‑service ratio in the coming years.
Data & projection
| Year | Debt Service | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 9.39% | - | - |
| 2026* trend | 8.87% | - | - |
| 2025* trend | 8.35% | - | - |
| 2025 | 8.35% | +0.63% | #74 |
| 2024 | 7.72% | +0.18% | #24 |
| 2023 | 7.54% | +0.78% | #24 |
| 2022 | 6.77% | +0.70% | #27 |
| 2021 | 6.07% | +0.20% | #25 |
| 2020 | 5.87% | −0.23% | #21 |
| 2019 | 6.09% | −1.17% | #25 |
| 2018 | 7.27% | +0.98% | #36 |
| 2017 | 6.29% | +2.22% | #34 |
| 2016 | 4.07% | +0.14% | #19 |
| 2015 | 3.93% | −0.31% | #21 |
| 2014 | 4.24% | +1.05% | #30 |
| 2013 | 3.19% | −0.43% | #26 |
| 2012 | 3.61% | −0.33% | #30 |
| 2011 | 3.94% | +1.59% | #36 |
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 debt service improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's debt service was 8.35% in 2025. Ranked 74th globally. This represents a 8.1% increase from the previous year.
Viet Nam's debt service peaked at 9.98% in 1999.
The lowest debt service in Viet Nam was 1.98% in 2008.
Viet Nam ranks 74th globally in debt service as of 2025.
The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.
Viet Nam's debt service is projected to reach 8.35% by 2025 based on trend extrapolation.
The debt service of Viet Nam in 2025 was 8.35%. This ranks 74th in the world.
Cite this page
@misc{historysaid_viet-nam_debt-service,
title = {Viet Nam Debt Service},
url = {https://historysaid.com/viet-nam/debt-service/},
publisher = {HistorySaid},
year = {2026}
}