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Viet Nam Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

1.81% +0.00% (+0.1%)
Year 2018 Rank #101 Global Peak 7.91% (1990) Source World Bank

Viet Nam Military Spending (1987–2018)

Overview

Viet Nam's military spending stood at 1.81% in 2018, a rise of +0.00% from 2017. Viet Nam ranked 101st globally.

Data & projection

Year Military Spending YoY change Rank
2018 1.81% +0.00% #101
2017 1.80% −0.15% #100
2016 1.95% +0.04% #105
2015 1.91% +0.08% #105
2014 1.82% +0.08% #99
2013 1.74% +0.03% #98
2012 1.72% +0.16% #98
2011 1.56% −0.26% #87
2010 1.82% −0.45% #92
2009 2.27% +0.11% #104
2008 2.16% −0.15% #105
2007 2.30% +0.37% #103
2006 1.94% +0.16% #96
2005 1.78% −0.23% #92
2004 2.01% −0.11% #97
Show all years (1987-2018)

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 military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Viet Nam's military spending?

Viet Nam's military spending was 1.81% in 2018. Ranked 101st globally. This represents a 0.1% increase from the previous year.

What was the highest military spending in Viet Nam?

Viet Nam's military spending peaked at 7.91% in 1990.

What was the lowest military spending in Viet Nam?

The lowest military spending in Viet Nam was 1.56% in 2011.

How does Viet Nam rank in military spending?

Viet Nam ranks 101st globally in military spending as of 2018.

What is the World Bank indicator code for military spending?

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the military spending of Viet Nam in 2018?

The military spending of Viet Nam in 2018 was 1.81%. This ranks 101st in the world.

Cite this page

APA
Viet Nam Military Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/viet-nam/military-spending
BibTeX
@misc{historysaid_viet-nam_military-spending, title = {Viet Nam Military Spending}, url = {https://historysaid.com/viet-nam/military-spending}, publisher = {HistorySaid}, year = {2026} }