Viet Nam Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Viet Nam's budget deficit was -3.26% in 2025, ranked 107th globally. This represents a 112.2% decrease from 2024. Data from IMF WEO, covering 1998–2025.
Overview
Viet Nam's budget deficit stood at -3.26% in 2025, a decline of +1.72% from 2024. The IMF projects -3.26% by 2025. Viet Nam ranked 107th globally.
Vietnam's budget deficit has fluctuated over the past 28 years, with a narrow range of -5.96 in 2013 to 0.67 in 2022, a 5.63 percentage point difference. The country's spending has outpaced its revenue, leading to a budget deficit of -3.26 in 2025, ranking 107 globally. Compared to peer countries, Vietnam's deficit is slightly higher than that of Guinea, which had a deficit of -3.20 in 2025. The all-time peak of 0.67 in 2022 marks a significant increase from the all-time trough of -5.96 in 2013. Vietnam's budget deficit has been a longstanding challenge, with the country's efforts to balance its finances hindered by its high debt-to-GDP ratio. To reverse this trend, the Vietnamese government would need to implement fiscal discipline and increase revenue through structural reforms, potentially by enhancing tax collection and promoting economic growth.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.03% | - | - |
| 2029* IMF | -2.04% | - | - |
| 2028* IMF | -2.06% | - | - |
| 2027* IMF | -2.15% | - | - |
| 2026* IMF | -2.34% | - | - |
| 2025* IMF | -3.26% | - | - |
| 2025 | -3.26% | −1.72% | #107 |
| 2024 | -1.54% | +0.18% | #122 |
| 2023 | -1.72% | −2.39% | #115 |
| 2022 | 0.67% | +2.10% | #158 |
| 2021 | -1.43% | +1.43% | #145 |
| 2020 | -2.86% | −2.46% | #153 |
| 2019 | -0.40% | +0.62% | #123 |
| 2018 | -1.02% | +0.94% | #113 |
| 2017 | -1.96% | +1.20% | #104 |
| 2016 | -3.16% | +1.82% | #76 |
| 2015 | -4.98% | +0.03% | #48 |
| 2014 | -5.02% | +0.95% | #40 |
| 2013 | -5.96% | −0.50% | #26 |
| 2012 | -5.46% | −4.56% | #36 |
| 2011 | -0.90% | +1.35% | #127 |
Detected Pattern
Analysis
Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's budget deficit was -3.26% in 2025. Ranked 107th globally. This represents a 112.2% decrease from the previous year.
Viet Nam's budget deficit peaked at 0.67% in 2022.
The lowest budget deficit in Viet Nam was -5.96% in 2013.
Viet Nam ranks 107th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Viet Nam's budget deficit is projected to reach -3.26% by 2025 based on IMF projection.
The budget deficit of Viet Nam in 2025 was -3.26%. This ranks 107th in the world.
Cite this page
@misc{historysaid_viet-nam_budget-deficit,
title = {Viet Nam Budget Deficit},
url = {https://historysaid.com/viet-nam/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}