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

Latest (2018)
8.4 % change on previous year
Change on year
up 646.5%
World rank
83rd
of 164 countries
All-time high
44.88 % change on previous year
in 1994
All-time low
-64.88 % change on previous year
in 1989
Years of data
22
1988–2018

Military expenditure (current USD), annual growth rate in Vietnam, 1988–2018

-75-50-25025501988200320181988: -0.744 % change on previous year1989: -64.9 % change on previous year1990: 11.6 % change on previous year1991: -16.5 % change on previous year1992: -22.1 % change on previous year1993: -10.6 % change on previous year1994: 44.9 % change on previous year2004: 8.7 % change on previous year2005: 12.2 % change on previous year2006: 25.3 % change on previous year2007: 38.7 % change on previous year2008: 19.8 % change on previous year2009: 12.3 % change on previous year2010: 11.3 % change on previous year2011: 0.533 % change on previous year2012: 25.1 % change on previous year2013: 10.9 % change on previous year2014: 14.2 % change on previous year2015: 7.2 % change on previous year2016: 10 % change on previous year2017: 1.1 % change on previous year2018: 8.4 % change on previous year

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

Annual values for Military expenditure (current USD), annual growth rate in Vietnam, 1988 to 2018.
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.

YearChange FromTo
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

DecadeAverage LowestHighest 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

  1. 80 France 8.71 % change on previous year compare
  2. 81 Hungary 8.71 % change on previous year compare
  3. 82 United Kingdom 8.58 % change on previous year compare
  4. 84 Cambodia 7.87 % change on previous year compare
  5. 85 Canada 7.78 % change on previous year compare
  6. 86 Cyprus 7.03 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Vietnam

All data for Vietnam →

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.

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Military expenditure (current USD), annual growth rate in Vietnam. Statizoid, drawing on Statizoid (derived). Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/viet-nam/

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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

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

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

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.