Military Expenditure in Vietnam increased to 5603 USD Million in 2018 from 5202 USD Million in 2017. source: SIPRI

Military Expenditure in Vietnam averaged 2763.78 USD Million from 1987 until 2018, reaching an all time high of 5603 USD Million in 2018 and a record low of 710.80 USD Million in 1993. Vietnam Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in Vietnam is expected to reach 5500.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Military Expenditure is projected to trend around 5600.00 USD Million in 2022, according to our econometric models.

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Vietnam Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
5603.00 5202.00 5603.00 710.80 1987 - 2018 USD Million Yearly
Constant 2019 prices

Vietnam Government Last Previous Highest Lowest Unit
Government Debt to GDP 46.70 43.50 47.60 24.80 percent of GDP [+]
Government Budget -5.80 -4.40 1.20 -9.90 percent of GDP [+]
Government Budget Value -203441.00 -191500.00 13000.00 -203441.00 VND Billion [+]
Government Spending 390050.63 358591.47 390050.63 3164.00 VND Billion [+]
Government Revenues 1551074.00 1424914.00 1551074.00 19.00 VND Billion [+]
Fiscal Expenditure 1754515.00 1616414.00 1754515.00 35.00 VND Billion [+]
Credit Rating 43.00 [+]
Military Expenditure 5603.00 5202.00 5603.00 710.80 USD Million [+]