Viet Nam's adjusted savings, net national savings (current US$) was US$70.01 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 102.54% from US$34.57 billion in 2011 (7.31% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$70.01 billion | 2021 |
| Five years earlier | US$39.1 billion | 2016 |
| Ten years earlier | US$34.57 billion | 2011 |
| Highest | US$70.01 billion | 2021 |
| Lowest | US$4.42 billion | 1996 |
| Average since 2012 | US$49.59 billion | 2012–2021 |
| First recorded | US$4.42 billion |
What the numbers say
In 2021, Viet Nam's adjusted savings, net national savings (current US$) rose 3.4% on 2020 (from US$67.69 billion to US$70.01 billion).
Across the 24 yearly changes before that (1997 to 2020), the average change was +14.2% and a typical year strayed about 26.5% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 125.7% in 2010 and the biggest yearly fall was 21% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$3.75 billion a year. A straight line explains 80% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about US$76.61 billion for 2024. We show this only because the same method, fitted on earlier years, predicted 2019 to 2021 better than "no change" would have: its average miss was US$5.69 billion, against US$10.41 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2021, Viet Nam had the 22nd highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Viet Nam in the 2021 ranking
What this measures
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 26 values
| Year | Adjusted savings, net national savings (current US$) |
|---|---|
| 2021 | 70,008,294,091 |
| 2020 | 67,692,399,688 |
| 2019 | 59,882,864,675 |
| 2018 | 55,448,158,973 |
| 2017 | 45,029,585,443 |
| 2016 | 39,100,158,308 |
| 2015 | 35,397,882,260 |
| 2014 | 44,810,259,223 |
| 2013 | 39,902,203,294 |
| 2012 | 38,629,975,303 |
Adjusted savings, net national savings (current US$) in nearby economies
- Australia — US$134.41 billion (2021)
- Brunei Darussalam — US$5.41 billion (2021)
- Cambodia — US$4.97 billion (2021)
- China — US$3.3 trillion (2021)
- Fiji — US$169.06 million (2020)
- Hong Kong SAR, China — US$36.15 billion (2021)
- Indonesia — US$157.76 billion (2021)
- Japan — US$96.19 billion (2021)
- Kiribati — US$92.32 million (2020)
More economic policy & debt data for Viet Nam
- Grants, excluding technical cooperation (BoP, current US$) — US$525.67 million (2023)
- Technical cooperation grants (BoP, current US$) — US$205.14 million (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$149.31 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$686.74 million (2023)
- Net official development assistance and official aid received (current US$) — US$831.19 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$831.19 million (2023)
- Net official development assistance received (current US$) — US$831.19 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Viet Nam's adjusted savings, net national savings (current US$)?
- US$70.01 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is up 1,484% from US$4.42 billion in 1996 (11.68% a year on average, compounded). The highest value was US$70.01 billion in 2021 and the lowest US$4.42 billion in 1996.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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