Vietnam Current Account Balance: % of GDP

Key information about Vietnam Current Account Balance: % of GDP

• Vietnam Current Account surplus accounted for 6.6 % of the country's Nominal GDP in Dec 2023, compared with a 0.3 % deficit in the previous year.
• Vietnam Current Account Balance: % of Nominal GDP data is updated yearly, available from Dec 2010 to Dec 2023, with an average value of 1.1 %.
• The data reached an all-time high of 6.6 % in Dec 2023 and a record low of -2.9 % in Dec 2010.

CEIC calculates annual Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and annual Nominal GDP. The State Bank of Vietnam provides Current Account Balance in USD based on BPM6. General Statistics Office provides Nominal GDP in local currency. The State Bank of Vietnam average market exchange rate is used for currency conversions. Current Account Balance prior to 2012 is based on BPM5.


Key information about Vietnam Current Account Balance: % of GDP

• In the latest reports of Vietnam, Current Account recorded a surplus of 6.4 USD bn in Dec 2023.
• 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: % of GDP from 2010 to 2023 in the chart:

What was Vietnam's Current Account Balance: % of GDP in 2023?

Vietnam Current Account surplus accounted for 6.6 % of the country's Nominal GDP in Dec 2023, compared with a 0.3 % deficit in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
6.6 2023	-0.3 2022	-2.9 2010	6.6 2023	%	yearly	2010 - 2023

Current Account Balance: % of GDP by Country Comparison

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