Latin America & Caribbean (excluding high income) vs Vietnam: Military expenditure

Latin America & Caribbean (excluding high income)
3.1%
in 2024
Vietnam
8.8%
in 2018
Latin America & Caribbean (excluding high income) rank
43rd
Vietnam rank
42nd

Military expenditure over time

  • Latin America & Caribbean (excluding high income)
  • Vietnam
2468200120122024

How they compare

Vietnam currently reports 8.8% against 3.1% in Latin America & Caribbean (excluding high income), a difference of 5.7%.

That makes Vietnam's figure about 2.8 times Latin America & Caribbean (excluding high income)'s.

Across all 16 years both countries report, Vietnam has been ahead every year.

Latin America & Caribbean (excluding high income) ranks 43rd and Vietnam ranks 42nd of 43 groups.

Vietnam has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Vietnam Difference Ahead
2000s 3.8% 7.5% 3.7% Vietnam
2010s 3.5% 7.9% 4.4% Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Latin America & Caribbean (excluding high income) or Vietnam?
Vietnam, at 8.8% against 3.1% in Latin America & Caribbean (excluding high income) as of 2018.
What is the difference in military expenditure between Latin America & Caribbean (excluding high income) and Vietnam?
5.7%, with Vietnam ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Vietnam?
16 years are reported by both, from 2003 to 2018.
How do Latin America & Caribbean (excluding high income) and Vietnam rank globally for military expenditure?
Latin America & Caribbean (excluding high income) ranks 43rd and Vietnam ranks 42nd of 43 groups.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (% of general government expenditure). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean (excluding high income) vs Vietnam: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 18 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-percent-of-general-government-expenditure/latin-america-and-caribbean-excluding-high-income/viet-nam/

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About this data

Indicator
Military expenditure (% of general government expenditure)
Unit
% of general government expenditure
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 5,828 data points, 1988–2024
Last refreshed

Military expenditure expressed as a percentage of general government expenditure