Military spending per armed forces personnel in Vietnam
Vietnam: Military spending per armed forces personnel was 14,806 constant 2024 US$ in 2020. ◆ Volatile
Military spending per armed forces personnel in Vietnam, 1989–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
The most recent figure for military spending per armed forces personnel in Vietnam is 14,806 constant 2024 US$, measured in 2020.
That represents a change of down 3.7% on the previous year and up 95.4% over ten years.
Over the whole period, military spending per armed forces personnel in Vietnam peaked at 15,383 constant 2024 US$ in 2019 and was at its lowest, 924.91 constant 2024 US$, in 1993.
Vietnam ranks 109th of 160 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending per armed forces personnel in Vietnam, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1989 | 1,512 constant 2024 US$ | — |
| 1990 | 2,146 constant 2024 US$ | +41.9% |
| 1991 | 1,541 constant 2024 US$ | -28.2% |
| 1992 | 1,180 constant 2024 US$ | -23.4% |
| 1993 | 924.91 constant 2024 US$ | -21.6% |
| 1994 | 1,544 constant 2024 US$ | +67.0% |
| 2003 | 3,812 constant 2024 US$ | +146.9% |
| 2005 | 4,311 constant 2024 US$ | +13.1% |
| 2006 | 5,075 constant 2024 US$ | +17.7% |
| 2007 | 6,539 constant 2024 US$ | +28.8% |
| 2008 | 6,183 constant 2024 US$ | -5.4% |
| 2009 | 8,549 constant 2024 US$ | +38.3% |
| 2010 | 7,579 constant 2024 US$ | -11.4% |
| 2011 | 7,874 constant 2024 US$ | +3.9% |
| 2012 | 11,465 constant 2024 US$ | +45.6% |
| 2013 | 12,597 constant 2024 US$ | +9.9% |
| 2014 | 12,465 constant 2024 US$ | -1.0% |
| 2015 | 13,797 constant 2024 US$ | +10.7% |
| 2016 | 14,064 constant 2024 US$ | +1.9% |
| 2017 | 14,025 constant 2024 US$ | -0.3% |
| 2018 | 14,732 constant 2024 US$ | +5.0% |
| 2019 | 15,383 constant 2024 US$ | +4.4% |
| 2020 | 14,806 constant 2024 US$ | -3.7% |
Vietnam compared with similar countries
- Vietnam's 14,806 constant 2024 US$ is below the median for upper middle income countries, which is 19,504 constant 2024 US$, 76% of the median. (46 countries reporting)
- Vietnam's 14,806 constant 2024 US$ is below the median for East Asia & Pacific, which is 23,831 constant 2024 US$, 62% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Military spending per armed forces personnel in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +146.9% | 1,544 constant 2024 US$ | 3,812 constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1,512 constant 2024 US$ | 1,512 constant 2024 US$ | 1,512 constant 2024 US$ | 1 |
| 1990s | 1,467 constant 2024 US$ | 924.91 constant 2024 US$ | 2,146 constant 2024 US$ | 5 |
| 2000s | 5,745 constant 2024 US$ | 3,812 constant 2024 US$ | 8,549 constant 2024 US$ | 6 |
| 2010s | 12,398 constant 2024 US$ | 7,579 constant 2024 US$ | 15,383 constant 2024 US$ | 10 |
| 2020s | 14,806 constant 2024 US$ | 14,806 constant 2024 US$ | 14,806 constant 2024 US$ | 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 per armed forces personnel in Vietnam?
- Military spending per armed forces personnel in Vietnam was 14,806 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Vietnam?
- The highest recorded value was 15,383 constant 2024 US$ in 2019.
- What is the lowest military spending per armed forces personnel recorded in Vietnam?
- The lowest recorded value was 924.91 constant 2024 US$ in 1993.
- How does Vietnam rank for military spending per armed forces personnel?
- Vietnam ranks 109th out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Vietnam?
- Over the last ten years it is up 95.4%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
Download this data
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About this data
Total military expenditure divided by armed forces personnel. This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.