Military expenditure (current USD), gaps filled in Vietnam

Vietnam: Military expenditure (current USD), gaps filled was 5.50 billion current USD in 2018. ◆ Volatile

Latest (2018)
5.50 billion current USD
Change on year
up 8.4%
World rank
45th
of 167 countries
All-time high
5.50 billion current USD
in 2018
All-time low
297.72 million current USD
in 1993
Years of data
24
1987–2018

Military expenditure (current USD), gaps filled in Vietnam, 1987–2018

02.0B4.0B6.0B1987200220181987: 1.3B current USD1988: 1.3B current USD1989: 458.6M current USD1990: 512.0M current USD1991: 427.6M current USD1992: 333.0M current USD1993: 297.7M current USD1994: 431.3M current USD2003: 841.9M current USD2004: 915.1M current USD2005: 1.0B current USD2006: 1.3B current USD2007: 1.8B current USD2008: 2.1B current USD2009: 2.4B current USD2010: 2.7B current USD2011: 2.7B current USD2012: 3.4B current USD2013: 3.7B current USD2014: 4.3B current USD2015: 4.6B current USD2016: 5.0B current USD2017: 5.1B current USD2018: 5.5B current USD

Source: Statizoid (derived). Measured in current USD.

Analysis

The most recent figure for military expenditure (current usd), gaps filled in Vietnam is 5.50 billion current USD, measured in 2018. That is the highest value across all 24 years on record.

The figure is up 8.4% on the previous year and up 157.3% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Vietnam peaked at 5.50 billion current USD in 2018 and was at its lowest, 297.72 million current USD, in 1993.

Vietnam ranks 45th of 167 countries on this measure, 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), gaps filled in Vietnam, year by year

Annual values for Military expenditure (current USD), gaps filled in Vietnam, 1987 to 2018.
Year current USD Change
1987 1.32 billion current USD —
1988 1.31 billion current USD -0.7%
1989 458.56 million current USD -64.9%
1990 511.97 million current USD +11.6%
1991 427.62 million current USD -16.5%
1992 332.97 million current USD -22.1%
1993 297.72 million current USD -10.6%
1994 431.35 million current USD +44.9%
2003 841.93 million current USD +95.2%
2004 915.09 million current USD +8.7%
2005 1.03 billion current USD +12.2%
2006 1.29 billion current USD +25.3%
2007 1.78 billion current USD +38.7%
2008 2.14 billion current USD +19.8%
2009 2.40 billion current USD +12.3%
2010 2.67 billion current USD +11.3%
2011 2.69 billion current USD +0.5%
2012 3.36 billion current USD +25.1%
2013 3.73 billion current USD +10.9%
2014 4.26 billion current USD +14.2%
2015 4.56 billion current USD +7.2%
2016 5.02 billion current USD +10.0%
2017 5.07 billion current USD +1.1%
2018 5.50 billion current USD +8.4%

Vietnam compared with similar countries

  • Vietnam's 5.50 billion current USD is above the median for upper middle income countries, which is 1.38 billion current USD, 4.0× the median. (48 countries reporting)
  • Vietnam's 5.50 billion current USD is above the median for East Asia & Pacific, which is 4.66 billion current USD, 1.2× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.03 billion current USD 458.56 million current USD 1.32 billion current USD 3
1990s 400.32 million current USD 297.72 million current USD 511.97 million current USD 5
2000s 1.48 billion current USD 841.93 million current USD 2.40 billion current USD 7
2010s 4.10 billion current USD 2.67 billion current USD 5.50 billion current USD 9

Countries ranked near Vietnam

  1. 42 Oman 5.99 billion current USD compare
  2. 43 Thailand 5.52 billion current USD compare
  3. 44 Morocco 5.52 billion current USD compare
  4. 46 Austria 5.26 billion current USD compare
  5. 47 Chile 5.11 billion current USD compare
  6. 48 Myanmar 5.01 billion current USD compare

See the full ranking of 211 places →

More public sector data for Vietnam

All data for Vietnam →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Vietnam?
Military expenditure (current usd), gaps filled in Vietnam was 5.50 billion current USD in 2018, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Vietnam?
The highest recorded value was 5.50 billion current USD in 2018.
What is the lowest military expenditure (current usd), gaps filled recorded in Vietnam?
The lowest recorded value was 297.72 million current USD in 1993.
How does Vietnam rank for military expenditure (current usd), gaps filled?
Vietnam ranks 45th out of 167 countries with data for 2018.
Is military expenditure (current usd), gaps filled rising or falling in Vietnam?
Over the last ten years it is up 157.3%. 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), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Vietnam. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/viet-nam/

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How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.