Current Account in Vietnam

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

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

The economy recorded its strongest annual expansion in a decade in 2018, rounded off by a surge in growth in the final quarter. A stellar performance from the services sector and brisk industry and construction activity powered the Q4 GDP print, while agricultural output also picked up. The manufacturing subsector was a star performer in Q4, and in 2018 overall, while flourishing tourism was also a key driver of growth. Momentum in the industrial sector should spill over into Q1 as seen by companies’ upbeat business confidence. In other news, the government recently announced plans to revive a USD 58 billion high-speed rail line project from Hanoi to Ho Chi Minh City. The railway, if approved by the National Assembly, would boost infrastructure spending significantly and could support tourism and economic activity along the route once operational.

Vietnam - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)7.7  9.4  0.6  9.0  6.4  

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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 Met the why particular calculations.

Vietnam Facts

Bond Yield4.75-0.13 %Feb 14
Exchange Rate23,2020.01 %Feb 14
Stock Market9520.15 %Feb 14

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