Military spending gmsd in Vietnam
Vietnam: Military spending gmsd was 6.74 billion in 2020. ◆ Volatile
Latest (2020)
6.74 billion
Change on year
up 2.2%
World rank
40th
of 172 countries
All-time high
6.74 billion
in 2020
All-time low
395.85 million
in 1954
Years of data
67
1954–2020
Military spending gmsd in Vietnam, 1954–2020
Source: Our World in Data.
Analysis
In 2020, military spending gmsd in Vietnam stood at 6.74 billion. That is the highest value across all 67 years on record.
The figure is up 2.2% on the previous year and up 127.7% over ten years.
Over the whole period, military spending gmsd in Vietnam peaked at 6.74 billion in 2020 and was at its lowest, 395.85 million, in 1954.
Vietnam ranks 40th of 172 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending gmsd in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 395.85 million | — |
| 1955 | 500.68 million | +26.5% |
| 1956 | 669.16 million | +33.7% |
| 1957 | 866.52 million | +29.5% |
| 1958 | 1.02 billion | +17.6% |
| 1959 | 1.15 billion | +12.6% |
| 1960 | 1.34 billion | +16.5% |
| 1961 | 1.46 billion | +9.1% |
| 1962 | 1.66 billion | +13.7% |
| 1963 | 1.74 billion | +4.8% |
| 1964 | 1.90 billion | +9.2% |
| 1965 | 2.68 billion | +41.4% |
| 1966 | 2.22 billion | -17.2% |
| 1967 | 2.31 billion | +3.8% |
| 1968 | 2.43 billion | +5.6% |
| 1969 | 2.37 billion | -2.6% |
| 1970 | 2.16 billion | -9.1% |
| 1971 | 1.62 billion | -25.0% |
| 1972 | 1.71 billion | +5.6% |
| 1973 | 1.42 billion | -17.1% |
| 1974 | 1.29 billion | -8.9% |
| 1975 | 1.38 billion | +7.3% |
| 1976 | 1.62 billion | +17.1% |
| 1977 | 1.81 billion | +12.0% |
| 1978 | 1.89 billion | +4.1% |
| 1979 | 2.05 billion | +8.6% |
| 1980 | 2.16 billion | +5.2% |
| 1981 | 2.28 billion | +5.6% |
| 1982 | 2.58 billion | +13.1% |
| 1983 | 2.78 billion | +8.1% |
| 1984 | 3.43 billion | +23.2% |
| 1985 | 4.08 billion | +19.0% |
| 1986 | 4.58 billion | +12.3% |
| 1987 | 2.50 billion | -45.4% |
| 1988 | 2.59 billion | +3.5% |
| 1989 | 2.11 billion | -18.6% |
| 1990 | 1.51 billion | -28.3% |
| 1991 | 1.45 billion | -4.2% |
| 1992 | 1.16 billion | -20.2% |
| 1993 | 943.35 million | -18.3% |
| 1994 | 1.12 billion | +18.6% |
| 1995 | 1.30 billion | +16.3% |
| 1996 | 1.41 billion | +8.6% |
| 1997 | 1.52 billion | +7.7% |
| 1998 | 1.57 billion | +3.0% |
| 1999 | 1.78 billion | +13.5% |
| 2000 | 2.75 billion | +54.6% |
| 2001 | 3.26 billion | +18.3% |
| 2002 | 3.40 billion | +4.5% |
| 2003 | 3.15 billion | -7.4% |
| 2004 | 3.42 billion | +8.7% |
| 2005 | 3.30 billion | -3.6% |
| 2006 | 3.28 billion | -0.7% |
| 2007 | 3.41 billion | +3.9% |
| 2008 | 3.33 billion | -2.1% |
| 2009 | 3.00 billion | -9.9% |
| 2010 | 2.96 billion | -1.4% |
| 2011 | 3.38 billion | +14.1% |
| 2012 | 3.66 billion | +8.2% |
| 2013 | 4.22 billion | +15.4% |
| 2014 | 4.68 billion | +10.9% |
| 2015 | 5.17 billion | +10.5% |
| 2016 | 5.28 billion | +2.0% |
| 2017 | 5.87 billion | +11.3% |
| 2018 | 6.21 billion | +5.8% |
| 2019 | 6.60 billion | +6.2% |
| 2020 | 6.74 billion | +2.2% |
Vietnam compared with similar countries
- Vietnam's 6.74 billion is above the median for upper middle income countries, which is 1.25 billion, 5.4× the median. (49 countries reporting)
- Vietnam's 6.74 billion is above the median for East Asia & Pacific, which is 4.15 billion, 1.6× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 766.45 million | 395.85 million | 1.15 billion | 6 |
| 1960s | 2.01 billion | 1.34 billion | 2.68 billion | 10 |
| 1970s | 1.69 billion | 1.29 billion | 2.16 billion | 10 |
| 1980s | 2.91 billion | 2.11 billion | 4.58 billion | 10 |
| 1990s | 1.38 billion | 943.35 million | 1.78 billion | 10 |
| 2000s | 3.23 billion | 2.75 billion | 3.42 billion | 10 |
| 2010s | 4.80 billion | 2.96 billion | 6.60 billion | 10 |
| 2020s | 6.74 billion | 6.74 billion | 6.74 billion | 1 |
Countries ranked near Vietnam
More reference data data for Vietnam
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.68 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.24 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 16.73 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 16.73 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 12.35 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 18.98 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 23.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 93.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 10.27 (2050)
Frequently asked questions
- What is military spending gmsd in Vietnam?
- Military spending gmsd in Vietnam was 6.74 billion in 2020, according to Our World in Data.
- What is the highest military spending gmsd recorded in Vietnam?
- The highest recorded value was 6.74 billion in 2020.
- What is the lowest military spending gmsd recorded in Vietnam?
- The lowest recorded value was 395.85 million in 1954.
- How does Vietnam rank for military spending gmsd?
- Vietnam ranks 40th out of 172 countries with data for 2020.
- Is military spending gmsd rising or falling in Vietnam?
- Over the last ten years it is up 127.7%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.
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