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Military Expenditure (Local Currency) in Vietnam

Source: World Bank
Last Updated: July 1, 2023

Military expenditure in local currency reached VND 126,618 bil in 2018 in Vietnam, according to the SIPRI Military Expenditure Database. This is 11.5% more than in the previous year.

Historically, military expenditure in local currency in Vietnam reached an all time high of VND 126,618 bil in 2018 and an all time low of VND 103 bil in 1987.

Vietnam has been ranked 3rd within the group of 155 countries we follow in terms of military expenditure in local currency.

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