Vietnam Military Spending/Defense Budget 1987-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Vietnam military spending/defense budget for 2018 was $5.50B, a 8.4% increase from 2017.
  • Vietnam military spending/defense budget for 2017 was $5.07B, a 1.13% increase from 2016.
  • Vietnam military spending/defense budget for 2016 was $5.02B, a 9.97% increase from 2015.
  • Vietnam military spending/defense budget for 2015 was $4.56B, a 7.21% increase from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $66.26B
Pakistan $11.75B
Indonesia $7.49B
Vietnam $5.50B
Ukraine $4.17B
Philippines $4.11B
Morocco $3.70B
Bangladesh $3.65B
Egypt $3.12B
Nigeria $2.04B
Angola $1.98B
Sri Lanka $1.64B
Myanmar $1.53B
Uzbekistan $1.44B
Kenya $1.11B
Sudan $1.05B
Tunisia $0.84B
Bolivia $0.60B
Cambodia $0.54B
Cameroon $0.43B
Honduras $0.39B
Zambia $0.38B
Georgia $0.33B
El Salvador $0.29B
Republic of Congo $0.29B
Ghana $0.22B
Mauritania $0.16B
Kyrgyz Republic $0.13B
Mongolia $0.10B
Eswatini $0.10B
Nicaragua $0.08B
Papua New Guinea $0.08B
Kosovo $0.06B
Lesotho $0.05B
Moldova $0.04B
Timor-Leste $0.02B
Cabo Verde $0.01B
Vietnam Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2018 $5.50B 2.28%
2017 $5.07B 2.27%
2016 $5.02B 2.44%
2015 $4.56B 2.36%
2014 $4.26B 2.29%
2013 $3.73B 2.18%
2012 $3.36B 2.16%
2011 $2.69B 1.98%
2010 $2.67B 2.31%
2009 $2.40B 2.27%
2008 $2.14B 2.16%
2007 $1.78B 2.30%
2006 $1.29B 1.94%
2005 $1.03B 1.78%
2004 $0.92B 2.01%
2003 $0.84B 2.13%
1994 $0.43B 2.65%
1993 $0.30B 2.26%
1992 $0.33B 3.37%
1991 $0.43B 5.60%
1990 $0.51B 7.91%
1989 $0.46B 7.29%
1988 $1.31B 7.10%
1987 $1.32B 3.95%