Vietnam: Military spending

* indicates monthly or quarterly data series
 Vietnam

Military spending, in billion U.S. dollars

 Latest value 5.50
 Year 2018
 Measure billion U.S. dollars
 Data availability 1987 - 2018
 Average 2.18
 Min - Max 0.30 - 5.50
 Source Stockholm International Peace Research Institute
For that indicator, we provide data for Vietnam from 1987 to 2018. The average value for Vietnam during that period was 2.18 billion U.S. dollars with a minimum of 0.3 billion U.S. dollars in 1993 and a maximum of 5.5 billion U.S. dollars in 2018. The latest value from 2018 is 5.5 billion U.S. dollars. For comparison, the world average in 2018 based on 154 countries is 11.65 billion U.S. dollars. 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 - Military spending - Recent values chart

Historical chart
Vietnam - Military spending - historical chart - 1987-2018




Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.


 Related indicators Latest value Reference Measure
 Military spending 5.50 2018 billion U.S. dollars
 Military spending, percent of GDP 2.28 2018 percent
 Military spending, percent of government spending 8.82 2018 percent
 Armed forces 522,000 2020 people
 Armed forces, percent of labor force 0.95 2020 percent
 Arms exports 10.00 2018 million U.S. dollars
 Arms imports 95.00 2022 dollars
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