Vietnam recorded a Government Debt to GDP of 32.90 percent of the country's Gross Domestic Product in 2024. 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.

• 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.

The ratio of national debt to gross domestic product (GDP) of Vietnam was estimated at about 32.86 percent in 2024. Between 2000 and 2024, the ratio rose by approximately 8.10 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by around 4.19 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.The general government 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. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

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.

• 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.

The national debt of Vietnam was estimated at approximately ************** U.S. dollars in 2024. Following a continuous upward trend, the national debt has risen by around ************** U.S. dollars since 2000. Between 2024 and 2030, the national debt will rise by around ************** U.S. dollars, continuing its consistent upward trajectory.

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: Government debt as percent of GDP: The latest value from 2022 is 37.4 percent, a decline from 42.7 percent in 2021. In comparison, the world average is 59.99 percent, based on data from 174 countries. Historically, the average for Vietnam from 2010 to 2022 is 54.61 percent. The minimum value, 37.4 percent, was reached in 2022 while the maximum of 63.7 percent was recorded in 2016.

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 **** percent of the total gross domestic product (GDP). According to forecast figures, this ratio will reach almost ** percent in 2022.

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.

Outstanding international public debt securities to GDP (%) in Vietnam was reported at 0.46209 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Outstanding international public debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in Vietnam was reported at 4647385906 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Nationality of Issuer in Vietnam (DISCONTINUED) (IDS1MNIAOGGVN) from Q1 2004 to Q2 2015 about Viet Nam, 1-year, sector, debt, securities, and government.

Graph and download economic data for Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Vietnam (IDSGAMRINIVN) from Q1 1998 to Q4 2024 about Viet Nam, issues, sector, maturity, debt, residents, securities, Net, and government.

Graph and download economic data for Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Vietnam (IDSGAMRIAOVN) from Q1 1998 to Q1 2025 about Viet Nam, sector, maturity, debt, residents, securities, and government.

Vietnam GD: Outstanding: Domestic: VND data was reported at 2,467,627.300 VND bn in 2023. This records an increase from the previous number of 2,273,475.090 VND bn for 2022. Vietnam GD: Outstanding: Domestic: VND data is updated yearly, averaging 1,486,525.445 VND bn from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 2,467,627.300 VND bn in 2023 and a record low of 359,135.710 VND bn in 2010. Vietnam GD: Outstanding: Domestic: VND data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Vietnam – Table VN.F009: Central Government Debt: VND.

A World Bank mission team visited Hanoi February 20-28, 2024, to undertake a Debt Management Performance Assessment (DeMPA). The mission's objectives were to identify current debt management practices, assess these against sound practices, and identify areas for improvement. The assessment will serve as a basis for the design of the third phase of the Government Debt and Risk Management (GDRM) project funded by the Swiss State Secretariat for Economic Affairs (SECO). The assessment was carried out applying the DeMPA methodology revised in 2021, the latest DeMPA in Viet Nam was undertaken in 2011. The DeMPA mission was funded under the Debt Management Facility (DMF) trust fund. The mission team met with representatives of the Ministry of Finance (MoF), the Ministry of Planning and Investment (MPI), the State Bank of Viet Nam (SBV), State Audit Office of Viet Nam (SAV), and entities involved in the government securities market. The main counterpart was the Debt Management and External Finance Department (DMEF) of the MoF. The team would like to express its gratitude to the officials met during the visit, and to reinforce the WB commitment to provided further technical assistance on public debt management and related topics in line with the authorities’ priorities under the GDRM program. A wrap-up meeting was held on February 28, 2024, with the Vice Minister of Finance, Vo Thanh Hung, where preliminary scores for the DeMPA were shared. Overall, the areas that score high are related to the legal and regulatory framework, including the availability of internal procedures, while areas that score low are related to lack of transparency and timely public availability of borrowing plans.

Vietnam Government Debt Service: % of Budget Revenue data was reported at 17.100 % in 2018. This records a decrease from the previous number of 18.300 % for 2017. Vietnam Government Debt Service: % of Budget Revenue data is updated yearly, averaging 15.600 % from Dec 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 20.500 % in 2016 and a record low of 12.600 % in 2013. Vietnam Government Debt Service: % of Budget Revenue 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.

Amounts outstanding of debt securities issued in international markets by residents of Vietnam of general government (nationality of All countries excluding residents of all issuers), all currencies, Total all currencies, original maturity of total (all maturities), remaining maturity of total (all maturities), all interest rates