Vietnam skyline

Vietnam External Debt (USD bn)

After a swift expansion in Q3 last year, economic momentum weakened in Q4 as slowdowns in services, industrial activity and construction more than offset an acceleration in the agriculture, forestry and fisheries sector. Higher inflation, dwindling exports and tighter financial conditions dragged on activity. Turning to Q1, our panelists project that growth will accelerate. After China’s reopening, services exports will receive a boost from renewed inflows of Chinese tourists—who made up one-third of Vietnam’s tourist arrivals in 2019. That said, annual merchandise export growth plunged into a steeper contraction in January compared to the Q4 average, likely amplified by lost activity as the Lunar New Year fell in the month this year. Moreover, in the same period industrial activity also contracted sharply, and inflation accelerated, boding even worse for activity.

Vietnam External Debt (USD bn) Data

2017 2018 2019 2020 2021
External Debt (USD bn) 104.1 106.9 117.3 125.1 136.2

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest