Military Expenditure in Vietnam increased to 5603 USD Million in 2018 from 5202 USD Million in 2017. source: SIPRI
Military Expenditure in Vietnam averaged 2763.78 USD Million from 1987 until 2018, reaching an all time high of 5603 USD Million in 2018 and a record low of 710.80 USD Million in 1993. Vietnam Military Expenditure - values, historical data and charts - was last updated on July of 2022.
Military Expenditure in Vietnam is expected to reach 5500.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Military Expenditure is projected to trend around 5600.00 USD Million in 2022, according to our econometric models.