Latin America & the Caribbean (IDA & IBRD countries) vs Vietnam: Military expenditure
Latin America & the Caribbean (IDA & IBRD countries)
3.3%
in 2024
Vietnam
8.8%
in 2018
Latin America & the Caribbean (IDA & IBRD countries) rank
41st
Vietnam rank
42nd
Military expenditure over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Vietnam
How they compare
Vietnam currently reports 8.8% against 3.3% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 5.5%.
That makes Vietnam's figure about 2.7 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 16 years both countries report, Vietnam has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 41st 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 & the Caribbean (IDA & IBRD countries) | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.1% | 7.5% | 3.4% | Vietnam |
| 2010s | 3.7% | 7.9% | 4.2% | Vietnam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Latin America & the Caribbean (IDA & IBRD countries) or Vietnam?
- Vietnam, at 8.8% against 3.3% in Latin America & the Caribbean (IDA & IBRD countries) as of 2018.
- What is the difference in military expenditure between Latin America & the Caribbean (IDA & IBRD countries) and Vietnam?
- 5.5%, with Vietnam ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Vietnam?
- 16 years are reported by both, from 2003 to 2018.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Vietnam rank globally for military expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 41st 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.
Individual pages
About this data
Military expenditure expressed as a percentage of general government expenditure