Vietnam Military Spending

Defense budget and military expenditure data (1987–2026)

Key Facts (2026 estimate)

Military Expenditure

$6.1 billion

Percent of GDP

2.4%

Ranked #52 of 157 countries by % of GDP

Historical Peak Spending

$6.1 billion

Reached in 2018

Vietnam Defense Budget Summary

In 2026, Vietnam is estimated to have spent $6.1 billion on military and defense, representing 2.4% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures.

The highest percentage of GDP allocated to defense spending was 7.9% in 1990. The historical average military budget is 2.9% of GDP.

Data source: SIPRI Military Expenditure Database. Values are in constant 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2023 prices)

Historical Data

YearPercent of GDPUSD (millions)
2026(estimate)2.40%
2025(estimate)2.30%
20181.81%$6,124M
20171.80%$5,686M
20161.95%$5,703M
20151.91%$5,269M
20141.82%$4,821M
20131.74%$4,350M
20121.72%$4,160M
20111.56%$3,572M
20101.82%$3,827M
20092.27%$3,443M
20082.16%$3,125M
20072.30%$3,172M
20061.94%$2,462M
20051.78%$2,092M
20042.01%$2,005M
20032.13%$1,958M
19942.65%$1,059M
19932.26%$777M
Showing most recent 20 years of 26 total years of data.