Military spending, per unit of GDP in Vietnam

Vietnam: Military spending, per unit of GDP was 0.0195 constant 2022 US$ per US$ of GDP in 2020. ◆ Volatile

Latest (2020)
0.0195 constant 2022 US$ per US$ of GDP
Change on year
down 1.4%
World rank
68th
of 170 countries
All-time high
0.335 constant 2022 US$ per US$ of GDP
in 1989
All-time low
0.0187 constant 2022 US$ per US$ of GDP
in 2012
Years of data
36
1985–2020

Military spending, per unit of GDP in Vietnam, 1985–2020

00.10.20.31985200220201985: 0.289 constant 2022 US$ per US$ of GDP1986: 0.174 constant 2022 US$ per US$ of GDP1987: 0.068 constant 2022 US$ per US$ of GDP1988: 0.102 constant 2022 US$ per US$ of GDP1989: 0.335 constant 2022 US$ per US$ of GDP1990: 0.233 constant 2022 US$ per US$ of GDP1991: 0.151 constant 2022 US$ per US$ of GDP1992: 0.117 constant 2022 US$ per US$ of GDP1993: 0.072 constant 2022 US$ per US$ of GDP1994: 0.069 constant 2022 US$ per US$ of GDP1995: 0.063 constant 2022 US$ per US$ of GDP1996: 0.057 constant 2022 US$ per US$ of GDP1997: 0.057 constant 2022 US$ per US$ of GDP1998: 0.058 constant 2022 US$ per US$ of GDP1999: 0.062 constant 2022 US$ per US$ of GDP2000: 0.088 constant 2022 US$ per US$ of GDP2001: 0.1 constant 2022 US$ per US$ of GDP2002: 0.097 constant 2022 US$ per US$ of GDP2003: 0.08 constant 2022 US$ per US$ of GDP2004: 0.075 constant 2022 US$ per US$ of GDP2005: 0.057 constant 2022 US$ per US$ of GDP2006: 0.049 constant 2022 US$ per US$ of GDP2007: 0.044 constant 2022 US$ per US$ of GDP2008: 0.034 constant 2022 US$ per US$ of GDP2009: 0.028 constant 2022 US$ per US$ of GDP2010: 0.02 constant 2022 US$ per US$ of GDP2011: 0.02 constant 2022 US$ per US$ of GDP2012: 0.019 constant 2022 US$ per US$ of GDP2013: 0.02 constant 2022 US$ per US$ of GDP2014: 0.02 constant 2022 US$ per US$ of GDP2015: 0.022 constant 2022 US$ per US$ of GDP2016: 0.021 constant 2022 US$ per US$ of GDP2017: 0.021 constant 2022 US$ per US$ of GDP2018: 0.02 constant 2022 US$ per US$ of GDP2019: 0.02 constant 2022 US$ per US$ of GDP2020: 0.019 constant 2022 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

Vietnam recorded 0.0195 constant 2022 US$ per US$ of GDP for military spending, per unit of gdp in 2020.

Compared with earlier readings it is down 1.4% on the previous year and down 3.3% over ten years.

Over the whole period, military spending, per unit of gdp in Vietnam peaked at 0.335 constant 2022 US$ per US$ of GDP in 1989 and was at its lowest, 0.0187 constant 2022 US$ per US$ of GDP, in 2012.

That places Vietnam 68th out of 170 countries with data for 2020, putting it 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 unit of GDP in Vietnam, year by year

Annual values for Military spending, per unit of GDP in Vietnam, 1985 to 2020.
Year constant 2022 US$ per US$ of GDP Change
1985 0.2894 constant 2022 US$ per US$ of GDP
1986 0.174 constant 2022 US$ per US$ of GDP -39.9%
1987 0.0683 constant 2022 US$ per US$ of GDP -60.7%
1988 0.1019 constant 2022 US$ per US$ of GDP +49.2%
1989 0.335 constant 2022 US$ per US$ of GDP +228.7%
1990 0.2335 constant 2022 US$ per US$ of GDP -30.3%
1991 0.1505 constant 2022 US$ per US$ of GDP -35.5%
1992 0.1171 constant 2022 US$ per US$ of GDP -22.2%
1993 0.0716 constant 2022 US$ per US$ of GDP -38.9%
1994 0.0687 constant 2022 US$ per US$ of GDP -4.0%
1995 0.0628 constant 2022 US$ per US$ of GDP -8.7%
1996 0.0573 constant 2022 US$ per US$ of GDP -8.7%
1997 0.0567 constant 2022 US$ per US$ of GDP -1.1%
1998 0.0576 constant 2022 US$ per US$ of GDP +1.6%
1999 0.0621 constant 2022 US$ per US$ of GDP +7.7%
2000 0.0883 constant 2022 US$ per US$ of GDP +42.2%
2001 0.0996 constant 2022 US$ per US$ of GDP +12.8%
2002 0.097 constant 2022 US$ per US$ of GDP -2.6%
2003 0.0797 constant 2022 US$ per US$ of GDP -17.9%
2004 0.0754 constant 2022 US$ per US$ of GDP -5.4%
2005 0.0573 constant 2022 US$ per US$ of GDP -24.0%
2006 0.0494 constant 2022 US$ per US$ of GDP -13.8%
2007 0.044 constant 2022 US$ per US$ of GDP -10.9%
2008 0.0336 constant 2022 US$ per US$ of GDP -23.5%
2009 0.0283 constant 2022 US$ per US$ of GDP -15.8%
2010 0.0201 constant 2022 US$ per US$ of GDP -29.0%
2011 0.0196 constant 2022 US$ per US$ of GDP -2.7%
2012 0.0187 constant 2022 US$ per US$ of GDP -4.5%
2013 0.0197 constant 2022 US$ per US$ of GDP +5.6%
2014 0.02 constant 2022 US$ per US$ of GDP +1.5%
2015 0.0216 constant 2022 US$ per US$ of GDP +7.8%
2016 0.0205 constant 2022 US$ per US$ of GDP -5.0%
2017 0.0209 constant 2022 US$ per US$ of GDP +1.7%
2018 0.02 constant 2022 US$ per US$ of GDP -4.0%
2019 0.0197 constant 2022 US$ per US$ of GDP -1.5%
2020 0.0195 constant 2022 US$ per US$ of GDP -1.4%

Vietnam compared with similar countries

  • Vietnam's 0.0195 constant 2022 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 1.3× the median. (49 countries reporting)
  • Vietnam's 0.0195 constant 2022 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.016 constant 2022 US$ per US$ of GDP, 1.2× the median. (19 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP 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
1989 +228.7% 0.1019 constant 2022 US$ per US$ of GDP 0.335 constant 2022 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.1937 constant 2022 US$ per US$ of GDP 0.0683 constant 2022 US$ per US$ of GDP 0.335 constant 2022 US$ per US$ of GDP 5
1990s 0.0938 constant 2022 US$ per US$ of GDP 0.0567 constant 2022 US$ per US$ of GDP 0.2335 constant 2022 US$ per US$ of GDP 10
2000s 0.0653 constant 2022 US$ per US$ of GDP 0.0283 constant 2022 US$ per US$ of GDP 0.0996 constant 2022 US$ per US$ of GDP 10
2010s 0.0201 constant 2022 US$ per US$ of GDP 0.0187 constant 2022 US$ per US$ of GDP 0.0216 constant 2022 US$ per US$ of GDP 10
2020s 0.0195 constant 2022 US$ per US$ of GDP 0.0195 constant 2022 US$ per US$ of GDP 0.0195 constant 2022 US$ per US$ of GDP 1

Countries ranked near Vietnam

  1. 65 Eswatini 0.0198 constant 2022 US$ per US$ of GDP compare
  2. 66 Denmark 0.0198 constant 2022 US$ per US$ of GDP compare
  3. 67 Bulgaria 0.0195 constant 2022 US$ per US$ of GDP compare
  4. 69 Hungary 0.0193 constant 2022 US$ per US$ of GDP compare
  5. 70 China 0.0191 constant 2022 US$ per US$ of GDP compare
  6. 71 Cyprus 0.0189 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Vietnam

All data for Vietnam →

Frequently asked questions

What is military spending, per unit of gdp in Vietnam?
Military spending, per unit of gdp in Vietnam was 0.0195 constant 2022 US$ per US$ of GDP in 2020, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Vietnam?
The highest recorded value was 0.335 constant 2022 US$ per US$ of GDP in 1989.
What is the lowest military spending, per unit of gdp recorded in Vietnam?
The lowest recorded value was 0.0187 constant 2022 US$ per US$ of GDP in 2012.
How does Vietnam rank for military spending, per unit of gdp?
Vietnam ranks 68th out of 170 countries with data for 2020.
Is military spending, per unit of gdp rising or falling in Vietnam?
Over the last ten years it is down 3.3%. 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, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Vietnam. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/viet-nam/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.