Military spending, annual growth rate in Vietnam

Vietnam: Military spending, annual growth rate was 2.23 % change on previous year in 2020. ◆ Volatile

Latest (2020)
2.23 % change on previous year
Change on year
down 63.9%
World rank
132nd
of 172 countries
All-time high
54.57 % change on previous year
in 2000
All-time low
-45.36 % change on previous year
in 1987
Years of data
66
1955–2020

Military spending, annual growth rate in Vietnam, 1955–2020

-40-200204060195519872020

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in Vietnam is 2.23 % change on previous year, measured in 2020.

Compared with earlier readings it is down 63.9% on the previous year and up 259.1% over ten years.

Over the whole period, military spending, annual growth rate in Vietnam peaked at 54.57 % change on previous year in 2000 and was at its lowest, -45.36 % change on previous year, in 1987.

That places Vietnam 132nd out of 172 countries with data for 2020, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Vietnam, year by year

Annual values for Military spending, annual growth rate in Vietnam, 1955 to 2020.
Year % change on previous year Change
1955 26.48 % change on previous year
1956 33.65 % change on previous year +27.1%
1957 29.49 % change on previous year -12.4%
1958 17.59 % change on previous year -40.4%
1959 12.63 % change on previous year -28.2%
1960 16.48 % change on previous year +30.5%
1961 9.11 % change on previous year -44.7%
1962 13.74 % change on previous year +50.8%
1963 4.8 % change on previous year -65.1%
1964 9.17 % change on previous year +91.2%
1965 41.41 % change on previous year +351.7%
1966 -17.22 % change on previous year -141.6%
1967 3.83 % change on previous year -122.2%
1968 5.56 % change on previous year +45.3%
1969 -2.55 % change on previous year -145.9%
1970 -9.1 % change on previous year +256.4%
1971 -25.04 % change on previous year +175.2%
1972 5.59 % change on previous year -122.3%
1973 -17.1 % change on previous year -405.9%
1974 -8.93 % change on previous year -47.8%
1975 7.34 % change on previous year -182.2%
1976 17.13 % change on previous year +133.3%
1977 11.97 % change on previous year -30.1%
1978 4.09 % change on previous year -65.8%
1979 8.63 % change on previous year +110.9%
1980 5.18 % change on previous year -39.9%
1981 5.64 % change on previous year +8.9%
1982 13.07 % change on previous year +131.6%
1983 8.05 % change on previous year -38.4%
1984 23.16 % change on previous year +187.6%
1985 18.95 % change on previous year -18.1%
1986 12.33 % change on previous year -34.9%
1987 -45.36 % change on previous year -467.8%
1988 3.5 % change on previous year -107.7%
1989 -18.64 % change on previous year -632.6%
1990 -28.34 % change on previous year +52.0%
1991 -4.22 % change on previous year -85.1%
1992 -20.17 % change on previous year +378.3%
1993 -18.35 % change on previous year -9.0%
1994 18.65 % change on previous year -201.6%
1995 16.29 % change on previous year -12.7%
1996 8.56 % change on previous year -47.5%
1997 7.72 % change on previous year -9.8%
1998 3.03 % change on previous year -60.7%
1999 13.52 % change on previous year +346.3%
2000 54.57 % change on previous year +303.5%
2001 18.32 % change on previous year -66.4%
2002 4.47 % change on previous year -75.6%
2003 -7.36 % change on previous year -264.4%
2004 8.68 % change on previous year -218.0%
2005 -3.6 % change on previous year -141.5%
2006 -0.7206 % change on previous year -80.0%
2007 3.89 % change on previous year -640.3%
2008 -2.09 % change on previous year -153.7%
2009 -9.91 % change on previous year +374.4%
2010 -1.4 % change on previous year -85.9%
2011 14.12 % change on previous year -1108.9%
2012 8.17 % change on previous year -42.1%
2013 15.37 % change on previous year +88.1%
2014 10.91 % change on previous year -29.0%
2015 10.53 % change on previous year -3.5%
2016 2.04 % change on previous year -80.6%
2017 11.35 % change on previous year +457.1%
2018 5.76 % change on previous year -49.3%
2019 6.17 % change on previous year +7.1%
2020 2.23 % change on previous year -63.9%

Vietnam compared with similar countries

  • Vietnam's 2.23 % change on previous year is below the median for upper middle income countries, which is 5.16 % change on previous year, 43% of the median. (49 countries reporting)
  • Vietnam's 2.23 % change on previous year is below the median for East Asia & Pacific, which is 3.33 % change on previous year, 67% of the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending, 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
2011 +1108.9% -1.4 % change on previous year 14.12 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1950s 23.97 % change on previous year 12.63 % change on previous year 33.65 % change on previous year 5
1960s 8.43 % change on previous year -17.22 % change on previous year 41.41 % change on previous year 10
1970s -0.5433 % change on previous year -25.04 % change on previous year 17.13 % change on previous year 10
1980s 2.59 % change on previous year -45.36 % change on previous year 23.16 % change on previous year 10
1990s -0.3314 % change on previous year -28.34 % change on previous year 18.65 % change on previous year 10
2000s 6.63 % change on previous year -9.91 % change on previous year 54.57 % change on previous year 10
2010s 8.3 % change on previous year -1.4 % change on previous year 15.37 % change on previous year 10
2020s 2.23 % change on previous year 2.23 % change on previous year 2.23 % change on previous year 1

Countries ranked near Vietnam

  1. 129 Ireland 2.44 % change on previous year compare
  2. 130 India 2.41 % change on previous year compare
  3. 131 Malaysia 2.3 % change on previous year compare
  4. 133 Mauritania 2.18 % change on previous year compare
  5. 134 Sierra Leone 2.02 % change on previous year compare
  6. 135 Namibia 2.01 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Vietnam

All data for Vietnam →

Frequently asked questions

What is military spending, annual growth rate in Vietnam?
Military spending, annual growth rate in Vietnam was 2.23 % change on previous year in 2020, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Vietnam?
The highest recorded value was 54.57 % change on previous year in 2000.
What is the lowest military spending, annual growth rate recorded in Vietnam?
The lowest recorded value was -45.36 % change on previous year in 1987.
How does Vietnam rank for military spending, annual growth rate?
Vietnam ranks 132nd out of 172 countries with data for 2020.
Is military spending, annual growth rate rising or falling in Vietnam?
Over the last ten years it is up 259.1%. 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 spending, annual growth rate. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

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.

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 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.