Vietnam VN: Military Expenditure as % of General Government Expenditure

2003 - 2017 | Yearly | % | World Bank

Vietnam VN: Military Expenditure as % of General Government Expenditure data was reported at 7.884 % in 2017. This records a decrease from the previous number of 8.196 % for 2016. Vietnam VN: Military Expenditure as % of General Government Expenditure data is updated yearly, averaging 7.553 % from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 8.199 % in 2007 and a record low of 6.801 % in 2005. Vietnam VN: Military Expenditure as % of General Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Vietnam's Vietnam VN: Military Expenditure as % of General Government Expenditure from 2003 to 2017 in the chart:

Vietnam Vietnam VN: Military Expenditure as % of General Government Expenditure

What was Vietnam's Vietnam VN: Military Expenditure as % of General Government Expenditure in 2017?

Last Previous Min Max Unit Frequency Range
7.884 2017 8.196 2016 6.801 2005 8.199 2007 % yearly 2003 - 2017

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 21,211.084 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 6,961.651 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 6.657 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 3.9 Sep 2022 quarterly Mar 2022 - Sep 2022
GDP per Capita (USD) 3,716.800 2021 yearly 2010 - 2021
Gross Fixed Capital Formation (USD mn) 130,624.647 2023 yearly 2010 - 2023
Gross National Product (GNP) (USD mn) 347,388.211 2021 yearly 2010 - 2021
Gross Savings Rate (%) 36.7 2023 yearly 2010 - 2023
Investment: % of GDP (%) 32.0 2023 yearly 2010 - 2023
Nominal GDP (USD mn) 362,637.3 2021 yearly 2010 - 2021
Nominal GDP Growth (%) 7.049 2023 yearly 2011 - 2023
Private Consumption Expenditure (USD mn) 233,870.234 2023 yearly 2010 - 2023
Private Consumption: % of GDP (%) 54.4 2023 yearly 2010 - 2023
Public Consumption Expenditure (USD mn) 38,028.991 2023 yearly 2010 - 2023
Public Consumption: % of GDP (%) 9.0 2022 yearly 2010 - 2022
Real GDP Growth (%) -15.0 Mar 2024 quarterly Jun 2010 - Mar 2024
Total Trade of Goods & Services: % of Nominal GDP (%) 186.965 2021 yearly 2010 - 2021
Production Last Frequency Range
Gold Production (kg) 600.000 2022 yearly 1993 - 2022
Industrial Production Index Growth (%) 6.3 Apr 2024 monthly Jan 2013 - Apr 2024
Minerals Production (Metric Ton) 72,940,833.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 177,435.000 2023 yearly 2000 - 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.4 2021 yearly 2010 - 2021
Forecast: Government Expenditure (VND bn) 3,847,663.157 2029 yearly 1998 - 2029
Forecast: Government Net Debt (VND bn) 4,962,723.370 2028 yearly 2000 - 2028
Forecast: Government Revenue (VND bn) 3,244,030.930 2028 yearly 1998 - 2028
Government Debt: % of GDP (%) 34.2 2022 yearly 2010 - 2022
Tax Revenue (USD mn) 17,229.271 Mar 2024 quarterly Mar 2005 - Mar 2024
National Government Debt (USD mn) 137,176.1 2022 yearly 2010 - 2022
Tax Revenue: % of GDP (%) 11.6 2023 yearly 2010 - 2023
Consolidated Fiscal Balance (%) -5.372 2021 yearly 2010 - 2021
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 51,322,977.516 Mar 2024 quarterly Mar 2011 - Mar 2024
Forecast: Population (Person mn) 104.218 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 1.933 2029 yearly 1990 - 2029
Labour Force Participation Rate (%) 68.1 Mar 2022 quarterly Mar 2020 - Mar 2022
Labour Productivity Growth (%) 15.12 2021 yearly 2019 - 2021
Monthly Earnings (USD) 331 Jun 2023 quarterly Mar 2011 - Jun 2023
Population (Person mn) 100.3 2023 yearly 1955 - 2023
Unemployment Rate (%) 2.24 Mar 2024 quarterly Mar 2011 - Mar 2024
Domestic Trade and Household Survey Last Frequency Range
Household Expenditure per Capita (USD) 1,441.275 2022 yearly 1999 - 2022
Motor Vehicle Sales: Commercial Cars (Unit) 48,783.000 Dec 2023 semiannually Dec 2005 - Dec 2023
Motor Vehicle Sales: Passenger Cars (Unit) 290,071.000 Dec 2023 semiannually Dec 2005 - Dec 2023
Motor Vehicles Sales (Unit) 21,039 Apr 2024 monthly Jul 2006 - Apr 2024
Motor Vehicles Sales Growth (%) 1.8 Apr 2024 monthly Jul 2007 - Apr 2024
Retail Sales Growth (%) 7.1 Apr 2024 monthly Sep 2004 - Apr 2024
Household Income per Capita (USD) 2,409.689 2022 yearly 1994 - 2022

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