Vietnam recorded a Government Budget deficit equal to 3.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Vietnam averaged -2.69 percent of GDP from 1988 until 2018, reaching an all time high of 1.20 percent of GDP in 2006 and a record low of -9.90 percent of GDP in 1988.
Government Budget in Vietnam is expected to be -4.30 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Government Budget is projected to trend around -3.50 percent of GDP in 2020, according to our econometric models.