Government Spending in Vietnam increased to 422452 VND Billion in 2020 from 390050.63 VND Billion in 2019. source: General Statistics Office of Vietnam

Government Spending in Vietnam averaged 120047.52 VND Billion from 1990 until 2020, reaching an all time high of 422452 VND Billion in 2020 and a record low of 3164 VND Billion in 1990. This page provides - Vietnam Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Government Spending - values, historical data and charts - was last updated on July of 2022.

Government Spending in Vietnam is expected to reach 452024.00 VND Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Government Spending is projected to trend around 474625.00 VND Billion in 2023 and 503577.00 VND Billion in 2024, according to our econometric models.

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Vietnam Government Spending



Related Last Previous Unit Reference
Government Spending 422452.00 390050.63 VND Billion Dec 2020

Vietnam Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
422452.00 390050.63 422452.00 3164.00 1990 - 2020 VND Billion Yearly
Constant Prices, NSA