Vietnam recorded a Government Budget deficit equal to 3.50 percent of the country's Gross Domestic Product in 2017. Government Budget in Vietnam averaged -2.74 percent of GDP from 1988 until 2017, reaching an all time high of 1.20 percent of GDP in 2006 and a record low of -9.90 percent of GDP in 1988.

Government Budget in Vietnam is expected to be -3.40 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Government Budget is projected to trend around -3.50 percent of GDP in 2020, according to our econometric models.

Vietnam Government Budget
Forecast Data Chart
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Vietnam Government Last Previous Highest Lowest Unit
Government Debt to GDP 61.50 60.70 61.50 31.40 percent [+]
Government Budget -3.50 -4.20 1.20 -9.90 percent of GDP [+]
Government Budget Value -174300.00 -186932.00 13000.00 -190940.00 VND Billion [+]
Government Spending 325803.97 293105.82 325803.97 3164.00 VND Billion [+]
Government Revenues 1288665.00 1101377.00 1288665.00 19.00 VND Billion [+]
Fiscal Expenditure 1462965.00 1288309.00 1462965.00 35.00 VND Billion [+]
Credit Rating 29.31 [+]
Military Expenditure 4961.80 5017.40 5017.40 688.50 USD Million [+]

Vietnam Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Vietnam Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.50 -4.20 1.20 -9.90 1988 - 2017 percent of GDP Yearly

Country Last Previous
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17