Military expenditure (current USD), annual growth rate in Viet Nam
Viet Nam: 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 Viet Nam, 1988–2018
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Viet Nam 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 Viet Nam 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 Viet Nam 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 Viet Nam, 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% |
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 Viet Nam
- 80 France 8.71 % change on previous year compare
- 81 Hungary 8.71 % change on previous year compare
- 82 United Kingdom of Great Britain and Northern Ireland 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 Viet Nam
- Arms imports 58.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 58.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 57.15 current USD per person (2018)
- Military expenditure (current USD), per unit of GDP 0.0177 current USD per US$ of GDP (2018)
- Military expenditure (current USD), gaps filled 5.50 billion current USD (2018)
- Arms imports (SIPRI trend indicator values), per square kilometre 175.48 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 17,548 current USD per square kilometre (2018)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Viet Nam?
- Military expenditure (current usd), annual growth rate in Viet Nam 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 Viet Nam?
- 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 Viet Nam?
- The lowest recorded value was -64.88 % change on previous year in 1989.
- How does Viet Nam rank for military expenditure (current usd), annual growth rate?
- Viet Nam ranks 83rd out of 164 countries with data for 2018.
- Is military expenditure (current usd), annual growth rate rising or falling in Viet Nam?
- Over the last ten years it is down 57.6%. The long-run trend across the full record is volatile.
- Where does this Viet Nam 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.