Government Spending in Vietnam increased to 358592 VND Billion in 2018 from 325803.97 VND Billion in 2017.

Government Spending in Vietnam averaged 100309.34 VND Billion from 1990 until 2018, reaching an all time high of 358592 VND Billion in 2018 and a record low of 3164 VND Billion in 1990. This page provides - Vietnam Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: General Statistics Office of Vietnam

Government Spending in Vietnam is expected to be 371322.00 VND Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Government Spending is projected to trend around 424079.00 VND Billion in 2020, according to our econometric models.

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Vietnam Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
358592.00 325803.97 358592.00 3164.00 1990 - 2018 VND Billion Yearly
Constant Prices, NSA

Vietnam Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.