Vietnam Current Account Balance
1996 - 2023 | Quarterly | USD mn | CEIC Data
Key information about Vietnam Current Account Balance
- Vietnam Current Account recorded a surplus of 6.4 USD bn in Dec 2023, compared with a surplus of 9.7 USD bn in the previous quarter.
- Vietnam Current Account Balance: USD mn data is updated quarterly, available from Mar 1996 to Dec 2023, with an averaged value of -85.9 USD mn.
- The data reached an all-time high of 9.7 USD bn in Sep 2023 and a record low of -6.2 USD bn in Jun 2021.
- CEIC extends history for quarterly Current Account Balance. The State Bank of Vietnam provides Current Account Balance in USD. Current Account Balance prior to Q1 2012 is sourced from the International Monetary Fund.
- Foreign Direct Investment (FDI) increased by 5.8 USD bn in Dec 2023.
- Vietnam Direct Investment Abroad expanded by 50.0 USD mn in Dec 2023.
- Its Foreign Portfolio Investment fell by 650.0 USD mn in Dec 2023.
- The country's Nominal GDP was reported at 362.6 USD bn in Dec 2021.
View Vietnam's Current Account Balance from Mar 1996 to Dec 2023 in the chart:
What was Vietnam's Current Account Balance in Dec 2023?
Vietnam Current Account recorded a surplus of 6.4 USD bn in Dec 2023, compared with a surplus of 9.7 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6,375.0 Dec 2023 | 9,673.0 Sep 2023 | -6,157.0 Jun 2021 | 9,673.0 Sep 2023 | USD mn | quarterly | Mar 1996 - Dec 2023 |
Current Account Balance by Country Comparison
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Includes Current Account Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -145.1 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | -3,420.1 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Armenia (USD mn) | 201.6 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Australia (USD mn) | 7,685.3 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (USD mn) | 5,171.8 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Azerbaijan (USD mn) | 1,655.4 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Bahrain (USD mn) | 569.0 Jun 2023 | quarterly | Mar 2018 - Jun 2023 |
| Bangladesh (USD mn) | 1,331.8 Jan 2024 | monthly | Jul 1997 - Jan 2024 |
| Belarus (USD mn) | -1,726.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Belgium (USD mn) | -1,705.2 Dec 2022 | monthly | Jan 1995 - Dec 2022 |
| Bolivia (USD mn) | -268.2 Sep 2023 | quarterly | Mar 1988 - Sep 2023 |
| Bosnia and Herzegovina (USD mn) | -158.3 Sep 2023 | quarterly | Mar 2001 - Sep 2023 |
| Botswana (USD mn) | -44.3 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (USD mn) | -4,372.7 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | 351.4 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Cambodia (USD mn) | -87.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Canada (USD mn) | -4,560.8 Mar 2023 | quarterly | Mar 1957 - Mar 2023 |
| Chile (USD mn) | -4,494.9 Sep 2023 | quarterly | Mar 2003 - Sep 2023 |
| China (USD mn) | 56,191.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Colombia (USD mn) | -2,293.1 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Croatia (USD mn) | -1,465.3 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Cyprus (USD mn) | -178.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Czech Republic (USD mn) | 782.0 Apr 2023 | monthly | Jan 2003 - Apr 2023 |
| Denmark (USD mn) | 5,296.0 Apr 2023 | monthly | Jan 2005 - Apr 2023 |
| Ecuador (USD mn) | 522.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Egypt (USD mn) | -6,825.4 Dec 2023 | quarterly | Dec 1993 - Dec 2023 |
| Estonia (USD mn) | 94.3 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (USD mn) | 119,182.8 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Finland (USD mn) | -1,912.9 Apr 2023 | monthly | Jan 1980 - Apr 2023 |
| France (USD mn) | -1,071.4 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
| Georgia (USD mn) | -200.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Germany (USD mn) | 31,868.7 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
| Ghana (USD mn) | 175.7 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Greece (USD mn) | 1,855.7 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Hong Kong SAR, China (USD mn) | 9,111.4 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Hungary (USD mn) | -964.2 Dec 2023 | quarterly | Dec 1989 - Dec 2023 |
| Iceland (USD mn) | -71.2 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| India (USD mn) | -9,195.5 Jun 2023 | quarterly | Jun 1949 - Jun 2023 |
| Indonesia (USD mn) | -1,290.4 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Iran (USD mn) | 14,204.8 2023 | yearly | 1997 - 2023 |
| Ireland (USD mn) | 14,845.9 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Israel (USD mn) | 10,541.1 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Italy (USD mn) | -1,662.6 Apr 2023 | monthly | Jan 1970 - Apr 2023 |
| Ivory Coast (USD mn) | -4,350.1 2022 | yearly | 1975 - 2022 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (USD mn) | -1,007.6 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Kazakhstan (USD mn) | -2,092.5 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| Kenya (USD mn) | -446.0 Sep 2023 | monthly | Jan 2002 - Sep 2023 |
| South Korea (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Kosovo (USD mn) | -447.2 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Kuwait (USD mn) | 15,358.8 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Kyrgyzstan (USD mn) | -1,294.6 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Laos (USD mn) | 67.0 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Latvia (USD mn) | 23.0 Apr 2023 | monthly | Jan 2000 - Apr 2023 |
| Lebanon (USD mn) | -28.3 Dec 2022 | monthly | Jan 2002 - Dec 2022 |
| Lithuania (USD mn) | 333.2 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Luxembourg (USD mn) | 1,576.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (USD mn) | 2,782.4 2022 | yearly | 2002 - 2022 |
| North Macedonia (USD mn) | 108.9 Mar 2023 | monthly | Jan 2001 - Mar 2023 |
| Malawi (USD mn) | -1,752.1 2021 | yearly | 1977 - 2021 |
| Malaysia (USD mn) | 54.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Malta (USD mn) | 13.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mauritius (USD mn) | -183.0 Sep 2023 | quarterly | Mar 2017 - Sep 2023 |
| Mexico (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Moldova (USD mn) | -522.9 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Mongolia (USD mn) | -144.7 Feb 2024 | monthly | Jan 2009 - Feb 2024 |
| Montenegro (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Morocco (USD mn) | -172.4 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Mozambique (USD mn) | -505.6 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Myanmar (USD mn) | -256.1 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| Nepal (USD mn) | 769.7 Jan 2024 | quarterly | Oct 2000 - Jan 2024 |
| Netherlands (USD mn) | 27,762.5 Mar 2023 | quarterly | Mar 1967 - Mar 2023 |
| New Zealand (USD mn) | -5,231.7 Mar 2023 | quarterly | Jun 1971 - Mar 2023 |
| Nigeria (USD mn) | 2,348.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Norway (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Oman (USD mn) | 5,752.9 2022 | yearly | 1974 - 2022 |
| Pakistan (USD mn) | 198.0 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Palestinian Territory (USD mn) | -529.4 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Panama (USD mn) | -5,854.6 Sep 2023 | quarterly | Mar 1998 - Sep 2023 |
| Paraguay (USD mn) | -138.6 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Peru (USD mn) | 1,633.8 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Philippines (USD mn) | 106.8 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Poland (USD mn) | 502.0 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Portugal (USD mn) | 2,077.7 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| Qatar (USD mn) | 7,030.8 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Romania (USD mn) | -1,480.1 Jan 2024 | monthly | Jun 2002 - Jan 2024 |
| Russia (USD mn) | 600.0 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| Saudi Arabia (USD mn) | 4,345.0 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Serbia (USD mn) | 139.7 Jan 2024 | monthly | Jan 2013 - Jan 2024 |
| Singapore (USD mn) | 25,500.6 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Slovakia (USD mn) | -146.1 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
| Slovenia (USD mn) | 359.8 Apr 2023 | monthly | Jan 1994 - Apr 2023 |
| South Africa (USD mn) | -932.5 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Spain (USD mn) | 1,168.4 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
| Sri Lanka (USD mn) | 237.2 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Sudan (USD mn) | -1,752.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Sweden (USD mn) | 10,956.8 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| Switzerland (USD mn) | 17,338.7 Mar 2023 | quarterly | Mar 1983 - Mar 2023 |
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Includes 178 key indicators for Vietnam, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.4 2021 | yearly | 2010 - 2021 |
| Tax Revenue (USD mn) | 17,229.271 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Tax Revenue: % of GDP (%) | 11.6 2023 | yearly | 2010 - 2023 |
| National Government Debt (USD mn) | 137,176.1 2022 | yearly | 2010 - 2022 |
| Government Debt: % of GDP (%) | 34.2 2022 | yearly | 2010 - 2022 |
| Forecast: Government Expenditure (VND bn) | 3,571,723.530 2028 | yearly | 1998 - 2028 |
| Forecast: Government Net Debt (VND bn) | 4,962,723.370 2028 | yearly | 2000 - 2028 |
| Forecast: Government Revenue (VND bn) | 3,244,030.930 2028 | yearly | 1998 - 2028 |
| State Govt Budget: ytd: Expenditure: Current (VND bn) | 303,620.000 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
| State Govt Budget: ytd: Expenditure excl Principal Payment (VND bn) | 393,495.000 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
| State Govt Budget: ytd: Revenue (VND bn) | 539,539.600 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
| State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) | 30,637.100 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
| State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) | 125,801.300 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
| GD: Outstanding: Domestic: VND (VND bn) | 2,273,475.050 2022 | yearly | 2010 - 2022 |
| GD: Outstanding: External: VND (VND bn) | 974,993.410 2022 | yearly | 2002 - 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 9.484 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,778.2 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Total Exports (USD mn) | 33,659.2 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Total Exports Growth (%) | 13.0 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
| Aluminum: Exports (USD th) | 1,316,002.666 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 181,327.032 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 57,511.959 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 30,881.0 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Total Imports Growth (%) | 9.0 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
| Imports: Medicament (USD th) | 2,471,771.739 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,625,053.469 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 8,968.095 Mar 2024 | monthly | Jan 1990 - Mar 2024 |
| Total Imports from USA (USD mn) | 1,177.671 Mar 2024 | monthly | Jan 1990 - Mar 2024 |
| Total Exports to China (USD mn) | 6,577.825 Oct 2023 | monthly | Jan 2013 - Oct 2023 |
| Total Imports from China (USD mn) | 11,171.607 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
| Exports: Australia (USD) | 293,830,219.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: United States (USD) | 4,562,588,364.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: Japan (USD) | 1,467,599,017.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: Canada (USD) | 314,331,082.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: China (USD) | 2,888,701,593.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Exports: ytd: Textiles and Garments (USD mn) | 7,820.546 Mar 2024 | monthly | Apr 1998 - Mar 2024 |
| Exports: ytd: Rice (USD mn) | 1,426.901 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
| Exports: ytd: Aqua Products (USD mn) | 1,945.818 Mar 2024 | monthly | Apr 1998 - Mar 2024 |
| Exports: ytd: Footwear (USD mn) | 4,791.816 Mar 2024 | monthly | Apr 1998 - Mar 2024 |
| Exports: ytd: Crude Oil (USD mn) | 635.542 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
| Imports: Thailand (USD) | 1,010,176,779.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: Singapore (USD) | 370,217,737.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: China (USD) | 6,536,188,277.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: Australia (USD) | 388,919,219.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: United States of America (USD) | 1,363,320,562.000 Apr 2019 | monthly | Jan 2013 - Apr 2019 |
| Imports: ytd: Garments (USD mn) | 1,964.350 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
| Imports: ytd: Machinery and Spare Parts (USD mn) | 6,561.643 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| Imports: ytd: Petroleum (USD mn) | 2,104.815 Mar 2024 | monthly | Mar 2000 - Mar 2024 |
| Imports: ytd: Steel Products (USD mn) | 1,883.749 Feb 2024 | monthly | Mar 2000 - Feb 2024 |
| Imports: ytd: Computers, Electronic Product (USD mn) | 24,042.310 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 50.0 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Current Account Balance (USD mn) | 6,375.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Current Account Balance: % of GDP (%) | 6.6 2023 | yearly | 2010 - 2023 |
| Foreign Direct Investment (USD mn) | 5,830.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 4.3 2023 | yearly | 1985 - 2023 |
| Foreign Portfolio Investment (USD mn) | -650.000 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | -0.3 Mar 2022 | quarterly | Mar 2021 - Mar 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -98.0 Dec 2014 | quarterly | Mar 2005 - Dec 2014 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -83.000 Dec 2014 | quarterly | Mar 2005 - Dec 2014 |
| External Debt (USD mn) | 144,857.6 2022 | yearly | 2010 - 2022 |
| External Debt: % of GDP (%) | 36.1 2022 | yearly | 2010 - 2022 |
| External Debt: Short Term (USD mn) | 33,233.0 2021 | yearly | 1981 - 2021 |
| External Debt: Short Term: % of GDP (%) | 9.3 2022 | yearly | 1985 - 2022 |
| Forecast: Current Account Balance (USD bn) | 7.265 2028 | yearly | 1980 - 2028 |
| Government Debt: % of GDP (%) | 34.200 2022 | yearly | 2010 - 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.5 Dec 2023 | quarterly | Dec 2011 - Dec 2023 |
| Money Supply M1 (USD mn) | 134,986.194 Sep 2023 | monthly | Dec 2000 - Sep 2023 |
| Money Supply M2 (USD mn) | 576,744.956 Sep 2023 | monthly | Dec 2000 - Sep 2023 |
| M2 Growth (%) | 9.3 Sep 2023 | monthly | Dec 2001 - Sep 2023 |
| Reserve Requirement Ratio (%) | 3.0 Mar 2024 | monthly | Feb 2010 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 85,801.6 Feb 2023 | monthly | Jan 1995 - Feb 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 3.000 Mar 2024 | monthly | Feb 2010 - Mar 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.0 Nov 2023 | monthly | Mar 1997 - Nov 2023 |
| Gold Reserves (USD mn) | 666.030 Nov 2023 | monthly | Jan 1995 - Nov 2023 |
| Domestic Credit (USD mn) | 534,452.3 Sep 2023 | monthly | Dec 1992 - Sep 2023 |
| Domestic Credit Growth (%) | 9.9 Sep 2023 | monthly | Dec 1993 - Sep 2023 |
| Total Loans (USD mn) | 561,718.920 Jan 2024 | monthly | Apr 2012 - Jan 2024 |
| Total Loans Growth (%) | 12.90 Jan 2024 | monthly | Apr 2013 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 128.68 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Foreign Reserves: Total Include Gold (USD mn) | 90,082.297 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Foreign Reserves: Foreign Exchange (USD mn) | 87,629.420 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 61.543 2019 | yearly | 2017 - 2019 |
More Indicators for Vietnam
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External Debt: Amortization
External Debt: Commitments and Currency Composition
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