The ratio of national debt to gross domestic product (GDP) in Vietnam was forecast to continuously decrease between 2024 and 2029 by in total 2.8 percentage points. After the ninth consecutive decreasing year, the ratio is estimated to reach 30.97 percent and therefore a new minimum in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Brunei, Malaysia, and Philippines.

Vietnam recorded a Government Debt to GDP of 33.50 percent of the country's Gross Domestic Product in 2023. This dataset provides - Vietnam Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Vietnam Government Debt: % of GDP

• Vietnam Government debt accounted for 33.5 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 34.0 % in the previous year.
• Vietnam government debt to GDP ratio data is updated yearly, available from Dec 2010 to Dec 2023.
• The data reached an all-time high of 52.7 % in Dec 2016 and a record low of 33.5 % in Dec 2023.

The Ministry of Finance provides annual Government Debt as % Nominal GDP. Data for 2019 and 2020 are estimated values reported by the Ministry of Finance.


Related information about Vietnam Government Debt: % of GDP

• In the latest reports, Vietnam National Government Debt reached 137.2 USD bn in Dec 2022.
• The country's Nominal GDP reached 362.6 USD bn in Dec 2021.

Vietnam Government Debt: % of GDP data was reported at 33.500 % in 2023. This records a decrease from the previous number of 34.000 % for 2022. Vietnam Government Debt: % of GDP data is updated yearly, averaging 45.500 % from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 52.700 % in 2016 and a record low of 33.500 % in 2023. Vietnam Government Debt: % of GDP data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Vietnam – Table VN.F007: Public Debt and National External Debt: % of GDP. Data for 2019 & 2020 are estimated value reported by Ministry of Finance.

In 2021, Vietnam's public debt was estimated to be 57.6 percent of the total gross domestic product (GDP). According to forecast figures, this ratio will reach almost 59 percent in 2022.

Key information about Vietnam External Debt: Short Term: % of GDP

• Vietnam External Debt: Short Term accounted for 8.2 % of the country's Nominal GDP in 2023, compared with the ratio of 9.3 % in the previous year.
• Vietnam External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 1985 to 2023.
• The data reached an all-time high of 27.5 % in 1990 and a record low of 0.0 % in 1986.

CEIC calculates Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and annual Nominal GDP. The World Bank provides Short Term External Debt in USD and Nominal GDP in USD.


Related information about Vietnam External Debt: Short Term: % of GDP

• In the latest reports of Vietnam, Current Account recorded a surplus of 7.8 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 5.2 USD bn in Sep 2024.
• Vietnam Direct Investment Abroad expanded by 170.0 USD mn in Sep 2024.
• Its Foreign Portfolio Investment fell by 836.0 USD mn in Sep 2024.
• Vietnam External Debt: Short Term value stood at 35.1 USD bn in Dec 2023.
• The country's Nominal GDP was reported at 362.6 USD bn in Dec 2021.

The statistic shows the national debt of countries in the ASEAN region of Asia in relation to gross domestic product (GDP) from 2019 to 2029. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In 2021, the national debt of Myanmar amounted to 61.29 percent of the country's gross domestic product.

The ratio of national debt to gross domestic product (GDP) in Singapore was forecast to continuously increase between 2024 and 2029 by in total 3.2 percentage points. After the eighth consecutive increasing year, the ratio is estimated to reach 178.36 percent and therefore a new peak in 2029. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Cambodia, Vietnam, and Philippines.

Key information about Vietnam National Government Debt

• Vietnam National Government Debt reached 142.9 USD bn in Dec 2023, compared with 137.2 USD bn in the previous year.
• Vietnam National Government Debt data is updated yearly, available from Dec 2010 to Dec 2023.
• The data reached an all-time high of 142.9 USD bn in Dec 2023 and a record low of 47.0 USD bn in Dec 2010.

The Ministry of Finance provides annual Government Debt in USD. Government Debt covers Central Government only.


Related information about Vietnam National Government Debt

• In the latest reports, Vietnam Consolidated Fiscal Balance recorded a deficit equal to 5.1 % of its Nominal GDP in Dec 2022.
• The country's Government debt accounted for 33.5 % of its Nominal GDP in Dec 2023.
• Vietnam Nominal GDP reached 362.6 USD bn in Dec 2021.

Outstanding international private debt securities to GDP (%) in Vietnam was reported at 0.53511 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Outstanding international private debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Vietnam Sub-National Government Debt: % of GDP data was reported at 0.900 % in 2018. This records a decrease from the previous number of 1.100 % for 2017. Vietnam Sub-National Government Debt: % of GDP data is updated yearly, averaging 1.500 % from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 1.800 % in 2015 and a record low of 0.900 % in 2018. Vietnam Sub-National Government Debt: % of GDP data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Vietnam – Table VN.F007: Public Debt and National External Debt: % of GDP.

Vietnam VN: IMF Forecast: General Government: Gross Debt: % of GDP data was reported at 58.120 % in 2023. This records an increase from the previous number of 57.648 % for 2022. Vietnam VN: IMF Forecast: General Government: Gross Debt: % of GDP data is updated yearly, averaging 48.237 % from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 59.942 % in 2016 and a record low of 31.432 % in 2000. Vietnam VN: IMF Forecast: General Government: Gross Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.FM: Government Finance Statistics.

Key information about Vietnam External Debt

• Vietnam External Debt reached 139.1 USD bn in Dec 2023, compared with 144.9 USD bn in the previous year.
• Vietnam External Debt: USD mn data is updated yearly, available from Dec 2010 to Dec 2023.
• The data reached an all-time high of 144.9 USD bn in Dec 2022 and a record low of 44.3 USD bn in Dec 2010.

The Ministry of Finance provides annual External Debt in USD.


Related information about Vietnam External Debt

• In the latest reports of Vietnam, Current Account recorded a surplus of 4.5 USD bn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 5.0 USD bn in Jun 2024.
• Vietnam Direct Investment Abroad expanded by 120.0 USD mn in Jun 2024.
• Its Foreign Portfolio Investment fell by 1.6 USD bn in Jun 2024.
• The country's Nominal GDP was reported at 362.6 USD bn in Dec 2021.

Vietnam Government Guaranteed Debt: % of GDP data was reported at 7.900 % in 2018. This records a decrease from the previous number of 9.100 % for 2017. Vietnam Government Guaranteed Debt: % of GDP data is updated yearly, averaging 10.300 % from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 10.900 % in 2015 and a record low of 7.900 % in 2018. Vietnam Government Guaranteed Debt: % of GDP data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Vietnam – Table VN.F007: Public Debt and National External Debt: % of GDP.

Vietnam National External Debt: % of GDP data was reported at 46.000 % in 2018. This records a decrease from the previous number of 48.900 % for 2017. Vietnam National External Debt: % of GDP data is updated yearly, averaging 42.000 % from Dec 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 48.900 % in 2017 and a record low of 37.300 % in 2013. Vietnam National External Debt: % of GDP data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Vietnam – Table VN.F007: Public Debt and National External Debt: % of GDP.

Key information about Vietnam Consolidated Fiscal Balance: % of GDP

• Vietnam Consolidated Fiscal Balance recorded a deficit equal to 5.1 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 5.4 % in the previous year
• Vietnam Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 2010 to Dec 2022, with an average ratio of -4.7 %
• The data reached an all-time high of -3.2 % in Dec 2011 and a record low of -5.5 % in Dec 2020

CEIC calculates annual Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. The Ministry of Finance provides Consolidated Fiscal Balance in local currency. General Statistics Office provides Nominal GDP in local currency.


Further information about Vietnam Consolidated Fiscal Balance: % of GDP

• In the latest reports, Vietnam National Government Debt reached 137.2 USD bn in Dec 2022
• Vietnam Nominal GDP reached 362.6 USD bn in Dec 2021

Vietnam National External Debt Service: % of Export of Goods and Services data was reported at 7.000 % in 2018. This records an increase from the previous number of 6.100 % for 2017. Vietnam National External Debt Service: % of Export of Goods and Services data is updated yearly, averaging 4.000 % from Dec 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 7.000 % in 2018 and a record low of 3.400 % in 2010. Vietnam National External Debt Service: % of Export of Goods and Services data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Vietnam – Table VN.F007: Public Debt and National External Debt: % of GDP.

Key information about Vietnam External Debt: Short Term

• Vietnam External Debt: Short Term value stood at 35.1 USD bn in Dec 2023, compared with 38.2 USD bn in the previous year.
• Vietnam External Debt: Short Term data is updated yearly, available from Dec 1981 to Dec 2023.
• The data reached an all-time high of 38.2 USD bn in Dec 2022 and a record low of 0.0 USD mn in Dec 1986.

The World Bank provides annual Short Term External Debt in USD.


Related information about Vietnam External Debt: Short Term

• In the latest reports of Vietnam, Current Account recorded a surplus of 7.8 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 5.2 USD bn in Sep 2024.
• Vietnam Direct Investment Abroad expanded by 170.0 USD mn in Sep 2024.
• Its Foreign Portfolio Investment fell by 836.0 USD mn in Sep 2024.
• The country's Nominal GDP was reported at 362.6 USD bn in Dec 2021.

Vietnam VN: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data was reported at 6.298 % in 2017. This records an increase from the previous number of 6.138 % for 2016. Vietnam VN: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data is updated yearly, averaging 4.941 % from Dec 1985 (Median) to 2017, with 33 observations. The data reached an all-time high of 11.939 % in 1994 and a record low of -0.001 % in 1985. Vietnam VN: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Balance of Payments: Capital and Financial Account. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.; ; International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, International Debt Statistics, and World Bank and OECD GDP estimates.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).