Military spending, annual growth rate in Vietnam

Vietnam: Military spending, annual growth rate was 27.05 % change on previous year in 2025. ◆ Volatile

Latest (2025)
27.05 % change on previous year
Change on year
up 362.9%
World rank
14th
of 159 countries
All-time high
62.05 % change on previous year
in 1988
All-time low
-36.89 % change on previous year
in 1992
Years of data
29
1988–2025

Military spending, annual growth rate in Vietnam, 1988–2025

-40-2002040601988200620251988: 62.1 % change on previous year1989: 32 % change on previous year1990: 19.2 % change on previous year1991: -28.9 % change on previous year1992: -36.9 % change on previous year1993: -21.6 % change on previous year1994: 36.4 % change on previous year2004: 2.4 % change on previous year2005: 4.3 % change on previous year2006: 17.7 % change on previous year2007: 28.8 % change on previous year2008: -5.4 % change on previous year2009: 38.3 % change on previous year2010: -6.5 % change on previous year2011: 3.9 % change on previous year2012: 45.6 % change on previous year2013: 9.9 % change on previous year2014: -1 % change on previous year2015: 10.7 % change on previous year2016: 1.9 % change on previous year2017: -0.275 % change on previous year2018: 5 % change on previous year2019: 4.4 % change on previous year2020: -3.7 % change on previous year2021: 3 % change on previous year2022: -8.2 % change on previous year2023: 11.1 % change on previous year2024: 5.8 % change on previous year2025: 27.1 % change on previous year

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

Analysis

The most recent figure for military spending, annual growth rate in Vietnam is 27.05 % change on previous year, measured in 2025.

The figure is up 362.9% on the previous year and up 153.1% over ten years.

Over the whole period, military spending, annual growth rate in Vietnam peaked at 62.05 % change on previous year in 1988 and was at its lowest, -36.89 % change on previous year, in 1992.

That places Vietnam 14th out of 159 countries with data for 2025, putting it in the top 10%.

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, 1988 to 2025.
Year % change on previous year Change
1988 62.05 % change on previous year
1989 32.02 % change on previous year -48.4%
1990 19.19 % change on previous year -40.1%
1991 -28.88 % change on previous year -250.5%
1992 -36.89 % change on previous year +27.7%
1993 -21.63 % change on previous year -41.4%
1994 36.37 % change on previous year -268.1%
2004 2.4 % change on previous year -93.4%
2005 4.33 % change on previous year +80.4%
2006 17.72 % change on previous year +309.1%
2007 28.84 % change on previous year +62.8%
2008 -5.43 % change on previous year -118.8%
2009 38.26 % change on previous year -804.2%
2010 -6.52 % change on previous year -117.0%
2011 3.89 % change on previous year -159.7%
2012 45.61 % change on previous year +1072.1%
2013 9.87 % change on previous year -78.4%
2014 -1.05 % change on previous year -110.6%
2015 10.69 % change on previous year -1121.0%
2016 1.93 % change on previous year -81.9%
2017 -0.2753 % change on previous year -114.3%
2018 5.04 % change on previous year -1930.3%
2019 4.42 % change on previous year -12.3%
2020 -3.75 % change on previous year -184.8%
2021 3.01 % change on previous year -180.2%
2022 -8.2 % change on previous year -372.7%
2023 11.05 % change on previous year -234.8%
2024 5.84 % change on previous year -47.1%
2025 27.05 % change on previous year +362.9%

Vietnam compared with similar countries

  • Vietnam's 27.05 % change on previous year is above the median for upper middle income countries, which is 6.73 % change on previous year, 4.0× the median. (46 countries reporting)
  • Vietnam's 27.05 % change on previous year is above the median for East Asia & Pacific, which is 9.38 % change on previous year, 2.9× the median. (19 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
2018 +1930.3% -0.2753 % change on previous year 5.04 % change on previous year
2015 +1121.0% -1.05 % change on previous year 10.69 % change on previous year
2012 +1072.1% 3.89 % change on previous year 45.61 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 47.04 % change on previous year 32.02 % change on previous year 62.05 % change on previous year 2
1990s -6.37 % change on previous year -36.89 % change on previous year 36.37 % change on previous year 5
2000s 14.35 % change on previous year -5.43 % change on previous year 38.26 % change on previous year 6
2010s 7.36 % change on previous year -6.52 % change on previous year 45.61 % change on previous year 10
2020s 5.83 % change on previous year -8.2 % change on previous year 27.05 % change on previous year 6

Countries ranked near Vietnam

  1. 11 Zimbabwe 35.67 % change on previous year compare
  2. 12 Luxembourg 29.71 % change on previous year compare
  3. 13 Indonesia 27.61 % change on previous year compare
  4. 15 Libya 26.71 % change on previous year compare
  5. 16 Qatar 26.61 % change on previous year compare
  6. 17 Malta 24.76 % change on previous year compare

See the full ranking of 159 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 27.05 % change on previous year in 2025, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Vietnam?
The highest recorded value was 62.05 % change on previous year in 1988.
What is the lowest military spending, annual growth rate recorded in Vietnam?
The lowest recorded value was -36.89 % change on previous year in 1992.
How does Vietnam rank for military spending, annual growth rate?
Vietnam ranks 14th out of 159 countries with data for 2025.
Is military spending, annual growth rate rising or falling in Vietnam?
Over the last ten years it is up 153.1%. 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/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
159 places, 7,905 data points, 1950–2025
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.