Military expenditure (current USD), annual growth rate in Vietnam
Vietnam: Military expenditure (current USD), annual growth rate was 8.4 % change on previous year in 2018. ◆ Volatile
Military expenditure (current USD), annual growth rate in Vietnam, 1988–2018
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Vietnam recorded 8.4 % change on previous year for military expenditure (current usd), annual growth rate in 2018.
The figure is up 646.5% on the previous year and down 57.6% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Vietnam peaked at 44.88 % change on previous year in 1994 and was at its lowest, -64.88 % change on previous year, in 1989.
That places Vietnam 83rd out of 164 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Vietnam, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1988 | -0.7441 % change on previous year | — |
| 1989 | -64.88 % change on previous year | +8619.1% |
| 1990 | 11.65 % change on previous year | -118.0% |
| 1991 | -16.48 % change on previous year | -241.5% |
| 1992 | -22.13 % change on previous year | +34.3% |
| 1993 | -10.59 % change on previous year | -52.2% |
| 1994 | 44.88 % change on previous year | -523.9% |
| 2004 | 8.69 % change on previous year | -80.6% |
| 2005 | 12.17 % change on previous year | +40.0% |
| 2006 | 25.34 % change on previous year | +108.3% |
| 2007 | 38.68 % change on previous year | +52.7% |
| 2008 | 19.81 % change on previous year | -48.8% |
| 2009 | 12.34 % change on previous year | -37.7% |
| 2010 | 11.28 % change on previous year | -8.6% |
| 2011 | 0.5325 % change on previous year | -95.3% |
| 2012 | 25.1 % change on previous year | +4613.8% |
| 2013 | 10.9 % change on previous year | -56.6% |
| 2014 | 14.18 % change on previous year | +30.1% |
| 2015 | 7.21 % change on previous year | -49.1% |
| 2016 | 9.97 % change on previous year | +38.2% |
| 2017 | 1.13 % change on previous year | -88.7% |
| 2018 | 8.4 % change on previous year | +646.5% |
Vietnam compared with similar countries
- Vietnam's 8.4 % change on previous year is below the median for upper middle income countries, which is 8.92 % change on previous year, 94% of the median. (48 countries reporting)
- Vietnam's 8.4 % change on previous year is above the median for East Asia & Pacific, which is 6.2 % change on previous year, 1.4× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), annual growth rate in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | -8619.1% | -0.7441 % change on previous year | -64.88 % change on previous year |
| 2012 | +4613.8% | 0.5325 % change on previous year | 25.1 % change on previous year |
| 2018 | +646.5% | 1.13 % change on previous year | 8.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -32.81 % change on previous year | -64.88 % change on previous year | -0.7441 % change on previous year | 2 |
| 1990s | 1.47 % change on previous year | -22.13 % change on previous year | 44.88 % change on previous year | 5 |
| 2000s | 19.51 % change on previous year | 8.69 % change on previous year | 38.68 % change on previous year | 6 |
| 2010s | 9.85 % change on previous year | 0.5325 % change on previous year | 25.1 % change on previous year | 9 |
Countries ranked near Vietnam
- 80 France 8.71 % change on previous year compare
- 81 Hungary 8.71 % change on previous year compare
- 82 United Kingdom 8.58 % change on previous year compare
- 84 Cambodia 7.87 % change on previous year compare
- 85 Canada 7.78 % change on previous year compare
- 86 Cyprus 7.03 % change on previous year compare
More public sector data for Vietnam
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 177.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.5743 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 5.45 % change on previous year (2024)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Vietnam?
- Military expenditure (current usd), annual growth rate in Vietnam was 8.4 % change on previous year in 2018, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Vietnam?
- The highest recorded value was 44.88 % change on previous year in 1994.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Vietnam?
- The lowest recorded value was -64.88 % change on previous year in 1989.
- How does Vietnam rank for military expenditure (current usd), annual growth rate?
- Vietnam ranks 83rd out of 164 countries with data for 2018.
- Is military expenditure (current usd), annual growth rate rising or falling in Vietnam?
- Over the last ten years it is down 57.6%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.