Service exports — all countries

Service exports — Vietnam

Service exports in Vietnam in 2024 — 25,020,000,000 US$. Ranked 48 in the world out of 165. Since 1996, the indicator has risen by 1,015.5%.

2024 25.02B US$ +23.46% vs 2023
World rank 48of 165
Period maximum 25.02B US$2024
Period minimum 2.24B US$1996

Trend over time

1996–2024 · US$

Service exports — Vietnam, 1996–2024010B20B30B19961999200220052008201120142017202020231996: 2,243,000,000 US$1997: 2,530,000,000 US$1998: 2,616,000,000 US$1999: 2,493,000,000 US$2000: 2,702,000,000 US$2001: 2,810,000,000 US$2002: 2,948,000,000 US$2003: 3,272,000,000 US$2004: 3,867,000,000 US$2005: 4,176,000,000 US$2006: 5,100,000,000 US$2007: 6,030,000,000 US$2008: 7,006,000,000 US$2009: 5,766,000,000 US$2010: 7,460,000,000 US$2011: 8,879,000,000 US$2012: 9,620,000,000 US$2013: 10,711,000,000 US$2014: 10,970,000,000 US$2015: 11,250,000,000 US$2016: 12,500,000,000 US$2017: 13,070,000,000 US$2018: 14,790,500,000 US$2019: 16,637,000,000 US$2020: 7,600,000,000 US$2021: 4,210,000,000 US$2022: 13,526,000,000 US$2023: 20,265,000,000 US$2024: 25,020,000,000 US$
Change over the period: +22.78B (+1,015.47%) Average annual rate: 9 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Vietnam

Vietnam 25.02B US$
World 8.85T US$
South-Eastern Asia computed 647B US$
Lower-middle-income countries computed 639B US$
Service exports — Vietnam, by year Vietnam All countries CSV XLSX
Year US$ Change Change, %
2024 25.02B +4.76B +23.46%
2023 20.27B +6.74B +49.82%
2022 13.53B +9.32B +221.28%
2021 4.21B −3.39B −44.61%
2020 7.6B −9.04B −54.32%
2019 16.64B +1.85B +12.48%
2018 14.79B +1.72B +13.16%
2017 13.07B +570M +4.56%
2016 12.5B +1.25B +11.11%
2015 11.25B +280M +2.55%
2014 10.97B +259M +2.42%
2013 10.71B +1.09B +11.34%
2012 9.62B +741M +8.35%
2011 8.88B +1.42B +19.02%
2010 7.46B +1.69B +29.38%
2009 5.77B −1.24B −17.7%
2008 7.01B +976M +16.19%
2007 6.03B +930M +18.24%
2006 5.1B +924M +22.13%
2005 4.18B +309M +7.99%
2004 3.87B +595M +18.18%
2003 3.27B +324M +10.99%
2002 2.95B +138M +4.91%
2001 2.81B +108M +4%
2000 2.7B +209M +8.38%
1999 2.49B −123M −4.7%
1998 2.62B +86M +3.4%
1997 2.53B +287M +12.8%
1996 2.24B

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

Source: World Development Indicators (World Bank), license CC BY 4.0.