Viet Nam—Military Expenditure (USD)
Latest Value
$5.50B
2018
YoY Change
+8.4%
2017 → 2018
Maximum
$5.50B
2018
Minimum
$841.9M
2003
CAGR
+13.3%
16 years
Last
$5.50B
Previous
$5.07B
Highest
$5.50B
Lowest
$841.9M
Unit
current US dollars
Source
World Bank World Development Indicators
Viet Nam's military expenditure (USD) was $5.50B in 2018. This represents a +8.4% change from 2017. Over the past 16 years, the highest recorded value was $5.50B (2018) and the lowest was $841.9M (2003). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2018 | $5.50B | +8.4% |
| 2017 | $5.07B | +1.1% |
| 2016 | $5.02B | +10.0% |
| 2015 | $4.56B | +7.2% |
| 2014 | $4.26B | +14.2% |
| 2013 | $3.73B | +10.9% |
| 2012 | $3.36B | +25.1% |
| 2011 | $2.69B | +0.5% |
| 2010 | $2.67B | +11.3% |
| 2009 | $2.40B | +12.3% |
| 2008 | $2.14B | +19.8% |
| 2007 | $1.78B | +38.7% |
| 2006 | $1.29B | +25.3% |
| 2005 | $1.03B | +12.2% |
| 2004 | $915.1M | +8.7% |
| 2003 | $841.9M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |
About This Indicator
Definition
Military spending USD, in current prices (converted at the exchange rate for the given year)
Methodology
Original contributors: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases
Unit
current US dollars
Source: World Bank (World Development Indicators)View original source →