Current Account Balance: Vietnam
Vietnam's current account balance is currently 2.4 % of GDP as of 2026. # Vietnam Current Account Balance Vietnam's current account balance stands at 2.
Current (2026)
2.4 % of GDP
-40.0% y/y
Peak (2024)
6.6 % of GDP
Low (1995)
-10 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Vietnam
1980 — 2026
Current Account Balance — Vietnam
Analysis# Vietnam Current Account Balance
Vietnam's current account balance stands at 2.4% of GDP in 2026, representing a significant recovery from historical lows but a notable decline from its all-time peak of 6.6% in 2024. Since 1980, the metric has improved by 250%, moving from the severe deficit of -10% in 1995 to today's modest surplus. This trajectory reflects Vietnam's economic transformation from import-dependent to export-oriented development.
The most striking shift occurred between 2022 and 2024, when the balance surged from 0.3% to 6.6%—driven by strong manufacturing exports and favorable trade conditions. However, the recent decline to 2.4% signals a reversal. Projections suggest further contraction ahead, indicating that Vietnam's current account surplus may continue moderating as global demand softens and domestic consumption increases. The 2021 deficit of -2.2% demonstrated vulnerability to external shocks, suggesting the sustainability of surpluses remains contingent on export momentum.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 1.1 % of GDP | -8.33% |
| 2029 | 1.2 % of GDP | -7.69% |
| 2028 | 1.3 % of GDP | -23.53% |
| 2027 | 1.7 % of GDP | -29.17% |
| 2026 | 2.4 % of GDP | -40.00% |
| 2025 | 4 % of GDP | -39.39% |
| 2024 | 6.6 % of GDP | +3.12% |
| 2023 | 6.4 % of GDP | +2033.33% |
| 2022 | 0.3 % of GDP | +113.64% |
| 2021 | -2.2 % of GDP | -151.16% |
| 2020 | 4.3 % of GDP | +13.16% |
| 2019 | 3.8 % of GDP | +100.00% |
| 2018 | 1.9 % of GDP | +416.67% |
| 2017 | -0.6 % of GDP | -400.00% |
| 2016 | 0.2 % of GDP | +122.22% |
| 2015 | -0.9 % of GDP | -124.32% |
| 2014 | 3.7 % of GDP | +2.78% |
| 2013 | 3.6 % of GDP | -23.40% |
| 2012 | 4.7 % of GDP | +4600.00% |
| 2011 | 0.1 % of GDP | +103.33% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -3 % of GDP | +41.18% |
| 2009 | -5.1 % of GDP | +40.70% |
| 2008 | -8.6 % of GDP | -21.13% |
| 2007 | -7.1 % of GDP | -3450.00% |
| 2006 | -0.2 % of GDP | +75.00% |
| 2005 | -0.8 % of GDP | +68.00% |
| 2004 | -2.5 % of GDP | +34.21% |
| 2003 | -3.8 % of GDP | -171.43% |
| 2002 | -1.4 % of GDP | -163.64% |
| 2001 | 2.2 % of GDP | +4.76% |
| 2000 | 2.1 % of GDP | -34.38% |
| 1999 | 3.2 % of GDP | +180.00% |
| 1998 | -4 % of GDP | +11.11% |
| 1997 | -4.5 % of GDP | +29.69% |
| 1996 | -6.4 % of GDP | +36.00% |
| 1995 | -10 % of GDP | -11.11% |
| 1994 | -9 % of GDP | -8.43% |
| 1993 | -8.3 % of GDP | -8200.00% |
| 1992 | -0.1 % of GDP | +92.86% |
| 1991 | -1.4 % of GDP | +56.25% |
| 1990 | -3.2 % of GDP | +56.16% |
| 1989 | -7.3 % of GDP | -180.77% |
| 1988 | -2.6 % of GDP | +0.00% |
| 1987 | -2.6 % of GDP | +23.53% |
| 1986 | -3.4 % of GDP | +32.00% |
| 1985 | -5 % of GDP | -212.50% |
| 1984 | -1.6 % of GDP | +15.79% |
| 1983 | -1.9 % of GDP | +26.92% |
| 1982 | -2.6 % of GDP | +38.10% |
| 1981 | -4.2 % of GDP | -162.50% |
| 1980 | -1.6 % of GDP | — |
Related Data
Other Metrics
For Vietnam
Compare Current Account Balance
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Demographics
People & population data