Vietnam Government Debt to GDP — 2026 Data & Trend
Vietnam's government debt was 30.48% in December 2025, down from 31.17% the previous year. A year earlier it stood at 31.17%.
Vietnam's government debt stands at 30.48% as of December 2025. Over the latest readings, the government debt has moved within a band of 24.75% to 47.88%. The most recent figure of 30.48% is down from 31.17% a year earlier, and is 0.68% lower than a year ago.
The trend
Among the 192 economies tracked on this platform, Vietnam ranks #155 on government debt by latest value. It fell from 31.17% in the previous year, and compares with a year-earlier 31.17%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 30.48% |
| Dec 2024 | 31.17% |
| Dec 2023 | 34.28% |
| Dec 2022 | 34.92% |
| Dec 2021 | 39.24% |
| Dec 2020 | 41.32% |
| Dec 2019 | 40.99% |
| Dec 2018 | 43.80% |
Data: Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Vietnam Have in 2026?
Vietnam's government debt was 30.48% in December 2025, down from 31.17% the previous year. A year earlier it stood at 31.17%.
Is the government debt rising or falling in Vietnam?
It fell in the latest reading — 30.48% in December 2025 versus 31.17% a year earlier. Year on year it is lower.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).