Current Account in Vietnam

Vietnam Current Account (USD bn) | Economic News & Forecasts

Vietnam - Current Account (billions of U.S. Dollars)

The economy rebounded sharply in Q4, with GDP expanding at a solid rate following Q3’s historic contraction. Growth was once again underpinned by strong output from the manufacturing sector, in the most part powered by a continued improvement in foreign demand dynamics, as indicated by rising goods exports in the quarter. The domestic economy likely also contributed to the overall reading, with the easing of restrictions implemented during the prior quarter permitting higher consumer spending. Turning to the new year, three consecutive months of expansionary manufacturing PMI readings at the end of 2021 bode well for a continuation of strong activity growth in Q1. Moreover, in early January the government approved over USD 15 billion in stimulus measures aimed at supporting the economic recovery, including tax breaks, cheaper loans and increased infrastructure spending.

Vietnam - Current Account (USD bn) Data

2015   2016   2017   2018   2019  
Current Account Balance (USD bn)-2.0  0.6  -1.6  5.9  -     

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Vietnam Current Account (USD bn) Chart


Vietnam Current Account
Note: Current account balance as % of GDP.
Source: State Bank of Vietnam and FocusEconomics calculations.

Vietnam Facts

Value Change Date
Bond Yield3.38-0.13 %Dec 31
Exchange Rate23,1730.01 %Jan 01

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