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$, in 1993.
Vietnam ranks 109th of 160 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1,512 constant 2024 US$ | 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
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- Summer temperature anomalies 0.9259 °C (2026)
- Temperature anomalies by month -0.1303 °C (2026)
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- Autumn temperature anomalies 0.512 °C (2025)
- Winter temperature anomalies 1.13 °C (2025)
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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.
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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.