Vietnam current account

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Vietnam current account: 6375 (-11.73%)
Last Update: December 31, 2023

Vietnam current account closed down 6375 as of December 31, 2023 from 7222 from the previous month and 1698 from last year.


Vietnam current account Analytics & Data




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Vietnam current account

DateValues
2023-12-31 6375
2023-09-30 7222
2023-06-30 7860
2023-03-31 4270
2022-12-31 3905
2022-09-30 1661
2022-06-30 -4897
2022-03-31 -1541
2021-12-31 3998
2021-09-30 -3823
2021-06-30 -4571
2021-03-31 350
2020-12-31 1698
2020-09-30 8276
2020-06-30 -323
2020-03-31 4153
2019-12-31 5219
2019-09-30 5919
2019-06-30 -107
2019-03-31 1976
2018-12-31 -616
2018-09-30 1244
2018-06-30 4300
2018-03-31 3934

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Vietnam current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accountvn.currentaccount6375.07222-12275UPUP822023-12-31

Vietnam current account Factors

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Vietnam current account Historical Data

The MacroVar database offers free access to historical data for the Vietnam current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Vietnam current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Vietnam current account

Vietnam's current account is a key economic indicator that reflects the country's overall trade balance with the rest of the world. A positive current account balance indicates that Vietnam is exporting more goods and services than it is importing, leading to a surplus in foreign exchange reserves. This surplus can be used to invest in infrastructure, repay foreign debt, or build up reserves for future economic stability. On the other hand, a negative current account balance means that Vietnam is importing more than it is exporting, which can put pressure on the country's currency and lead to a depletion of foreign exchange reserves. Monitoring and managing the current account balance is important for Vietnam's economic growth and stability in the global market.

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