Military Expenditure in Vietnam increased to 5451 USD Million in 2018 from 5074 USD Million in 2017. source: SIPRI
Military Expenditure in Vietnam averaged 2720.18 USD Million from 1987 until 2018, reaching an all time high of 5451 USD Million in 2018 and a record low of 702.40 USD Million in 1993. Vietnam Military Expenditure - values, historical data and charts - was last updated on November of 2020.
Military Expenditure in Vietnam is expected to reach 5000.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Military Expenditure is projected to trend around 5500.00 USD Million in 2021 and 5600.00 USD Million in 2022, according to our econometric models.