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. Vietnam Government Spending - values, historical data and charts - was last updated on July of 2020. source: General Statistics Office of Vietnam

Government Spending in Vietnam is expected to reach 369110.00 VND Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Government Spending is projected to trend around 393102.00 VND Billion in 2021 and 418653.00 VND Billion in 2022, 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 Last Previous Highest Lowest Unit
Government Debt to GDP 57.50 58.20 59.70 31.40 percent [+]
Government Budget -4.40 -3.50 1.20 -9.90 percent of GDP [+]
Government Budget Value -191500.00 -174300.00 13000.00 -191500.00 VND Billion [+]
Government Spending 358592.00 325803.97 358592.00 3164.00 VND Billion [+]
Government Revenues 1424914.00 1288665.00 1424914.00 19.00 VND Billion [+]
Fiscal Expenditure 1616414.00 1462965.00 1616414.00 35.00 VND Billion [+]
Credit Rating 43.00 [+]
Military Expenditure 5451.00 5074.00 5451.00 702.40 USD Million [+]

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.