India vs Vietnam: Military spending, annual growth rate

India
2.41 % change on previous year
in 2023
Vietnam
2.23 % change on previous year
in 2020
India rank
130th
Vietnam rank
132nd

Military spending, annual growth rate over time

  • India
  • Vietnam
-50050100194819852023

How they compare

India currently reports 2.41 % change on previous year against 2.23 % change on previous year in Vietnam, a difference of 0.18 % change on previous year.

That makes India's figure about 1.1 times Vietnam's.

The two have swapped places 21 times across 66 shared years of data; in 1955 it was Vietnam ahead.

India ranks 130th and Vietnam ranks 132nd of 172 countries.

Across the 8 decades both report, India averaged higher in 6 and Vietnam in 2.

Head to head by decade

Decade India Vietnam Difference Ahead
1950s 3.78 % change on previous year 23.97 % change on previous year 20.19 % change on previous year Vietnam
1960s 9.22 % change on previous year 8.43 % change on previous year 0.7911 % change on previous year India
1970s 3.03 % change on previous year -0.5433 % change on previous year 3.57 % change on previous year India
1980s 2.69 % change on previous year 2.59 % change on previous year 0.1051 % change on previous year India
1990s 4.39 % change on previous year -0.3314 % change on previous year 4.73 % change on previous year India
2000s 6.65 % change on previous year 6.63 % change on previous year 0.0244 % change on previous year India
2010s 7.06 % change on previous year 8.3 % change on previous year 1.24 % change on previous year Vietnam
2020s 4.65 % change on previous year 2.23 % change on previous year 2.42 % change on previous year India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, annual growth rate, India or Vietnam?
India, at 2.41 % change on previous year against 2.23 % change on previous year in Vietnam as of 2023.
What is the difference in military spending, annual growth rate between India and Vietnam?
0.18 % change on previous year, with India ahead.
How many years of comparable data are there for India and Vietnam?
66 years are reported by both, from 1955 to 2020.
How do India and Vietnam rank globally for military spending, annual growth rate?
India ranks 130th and Vietnam ranks 132nd of 172 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Vietnam: Military spending, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-annual-growth-rate-2/india/viet-nam/

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About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.