Military expenditure in Vietnam
Vietnam: Military expenditure was 126.62 trillion current LCU in 2018. ◆ Volatile
Military expenditure in Vietnam, 1987–2018
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Vietnam is 126.62 trillion current LCU, measured in 2018. That is the highest value across all 24 years on record.
That represents a change of up 11.5% on the previous year and up 263.3% over ten years.
Over the whole period, military expenditure in Vietnam peaked at 126.62 trillion current LCU in 2018 and was at its lowest, 103.00 billion current LCU, in 1987.
Vietnam ranks 4th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 980.67 billion current LCU | 103.00 billion current LCU | 2.05 trillion current LCU | 3 |
| 1990s | 3.85 trillion current LCU | 3.17 trillion current LCU | 4.73 trillion current LCU | 5 |
| 2000s | 24.13 trillion current LCU | 13.06 trillion current LCU | 40.98 trillion current LCU | 7 |
| 2010s | 88.00 trillion current LCU | 49.74 trillion current LCU | 126.62 trillion current LCU | 9 |
Countries ranked near Vietnam
More public sector data for Vietnam
- Arms imports 58.00 million SIPRI trend indicator values (2024)
- Military expenditure 1.8% (2018)
- Military expenditure 5.50 billion current USD (2018)
- Armed forces personnel, total 522,000 (2020)
- Armed forces personnel 0.9% (2020)
- Statistical performance indicators (SPI): Pillar 1 data use score 100 scale 0-100 (2024)
- Intentional homicides 1.54 per 100,000 people (2011)
- Statistical performance indicators (SPI): Pillar 3 data products score 80.3 scale 0-100 (2024)
- Proportion of seats held by women in national parliaments 31.4% (2025)
- Military expenditure 8.8% (2018)
Frequently asked questions
- What is military expenditure in Vietnam?
- Military expenditure in Vietnam was 126.62 trillion current LCU in 2018, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Vietnam?
- The highest recorded value was 126.62 trillion current LCU in 2018.
- What is the lowest military expenditure recorded in Vietnam?
- The lowest recorded value was 103.00 billion current LCU in 1987.
- How does Vietnam rank for military expenditure?
- Vietnam ranks 4th out of 167 countries with data for 2018.
- Is military expenditure rising or falling in Vietnam?
- Over the last ten years it is up 263.3%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)