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Viet Nam Government Revenue

General government revenue as % of GDP  GGR_NGDP

Viet Nam's government revenue was 18.44% in 2025, ranked 144th globally. This represents a 4.9% increase from 2024. Data from IMF WEO, covering 1998–2025.

18.44% +0.86% (+4.9%)
Year 2025 Rank #144 Global Peak 21.47% (2010) Source IMF WEO

Viet Nam Government Revenue (1998–2025)

Overview

Viet Nam's government revenue stood at 18.44% in 2025, a rise of +0.86% from 2024. The IMF projects 18.44% by 2025. Viet Nam ranked 144th globally.

Vietnam’s government revenue has risen steadily over the 28‑year series, climbing from a low of 15.46 % of GDP in 1999 to an all‑time peak of 21.47 % in 2010 before easing to 18.44 % in 2025, placing the economy 144th globally. The post‑2000 expansion reflects the country’s fiscal consolidation and broadening tax base, while the modest retreat from the 2010 high coincides with the slowdown in export‑driven growth and increased social spending. Compared with peers, Vietnam’s 2025 revenue share is marginally below Hong Kong SAR and China’s 18.47 % and Paraguay’s 18.64 %, yet above Bahrain’s 17.98 % and Papua New Guinea’s 17.93 %, underscoring a competitive but not leading fiscal position in the region. The upward trajectory since the trough suggests resilience, but sustaining higher revenue ratios will likely depend on deepening tax reforms, improving collection efficiency, and maintaining robust economic growth.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 17.98% - -
2029* IMF 17.99% - -
2028* IMF 17.98% - -
2027* IMF 17.77% - -
2026* IMF 17.75% - -
2025* IMF 18.44% - -
2025 18.44% +0.86% #144
2024 17.58% +0.52% #150
2023 17.06% −1.81% #153
2022 18.87% +0.17% #146
2021 18.69% +0.30% #142
2020 18.39% −1.03% #140
2019 19.42% −0.04% #147
2018 19.46% −0.11% #142
2017 19.57% +0.50% #140
2016 19.07% −0.12% #137
2015 19.19% +1.45% #142
2014 17.74% −0.75% #156
2013 18.49% +0.49% #150
2012 18.00% −2.32% #150
2011 20.32% −1.15% #141
Show all years (1998-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.1% GDP growth 2.9% C/A balance 4.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Viet Nam's government revenue?▾

Viet Nam's government revenue was 18.44% in 2025. Ranked 144th globally. This represents a 4.9% increase from the previous year.

What was the highest government revenue in Viet Nam?▾

Viet Nam's government revenue peaked at 21.47% in 2010.

What was the lowest government revenue in Viet Nam?▾

The lowest government revenue in Viet Nam was 15.46% in 1999.

How does Viet Nam rank in government revenue?▾

Viet Nam ranks 144th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Viet Nam in 2025?▾

Viet Nam's government revenue is projected to reach 18.44% by 2025 based on IMF projection.

What is the government revenue of Viet Nam in 2025?▾

The government revenue of Viet Nam in 2025 was 18.44%. This ranks 144th in the world.

Cite this page

APA
Viet Nam Government Revenue. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/viet-nam/government-revenue/
BibTeX
@misc{historysaid_viet-nam_government-revenue, title = {Viet Nam Government Revenue}, url = {https://historysaid.com/viet-nam/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
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