Vietnam: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series

Fiscal balance, percent of GDP

 Latest value -3.41
 Year 2021
 Measure percent
 Data availability 2000 - 2021
 Average -1.63
 Min - Max -5.67 - 1.96
 Source Asian Development Bank
For that indicator, we provide data for Vietnam from 2000 to 2021. The average value for Vietnam during that period was -1.63 percent with a minimum of -5.67 percent in 2013 and a maximum of 1.96 percent in 2006. The latest value from 2021 is -3.41 percent. For comparison, the world average in 2021 based on 172 countries is -4.00 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Vietnam - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Vietnam - Fiscal balance, percent of GDP - historical chart - 2000-2021

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 8.98 2022 percent
 Government spending, in dollars 36.66 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -3.41 2021 percent
 Government debt 37.40 2022 percent
 Commercial tax rate 37.60 2019 percent
 Tax preparation time 384 2019 hours
 Number of taxes 6 2019 taxes
 Foreign aid 516.07 2021 million U.S. dollars
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