Vietnam recorded a government budget deficit of 191500 VND Billion in 2018.

Government Budget Value in Vietnam averaged -41421.07 VND Billion from 1984 until 2018, reaching an all time high of 13000 VND Billion in 2006 and a record low of -191500 VND Billion in 2018. This page provides - Vietnam Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Government Budget Value - values, historical data and charts - was last updated on July of 2020. source: Asian Development Bank

Government Budget Value in Vietnam is expected to reach -120000.00 VND Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Government Budget Value is projected to trend around -120000.00 VND Billion in 2021, according to our econometric models.

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Vietnam Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-191500.00 -174300.00 13000.00 -191500.00 1984 - 2018 VND Billion Yearly
Current Prices, NSA

Vietnam Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.50 58.20 59.70 31.40 percent [+]
Government Budget -4.40 -3.50 1.20 -9.90 percent of GDP [+]
Government Budget Value -191500.00 -174300.00 13000.00 -191500.00 VND Billion [+]
Government Spending 358592.00 325803.97 358592.00 3164.00 VND Billion [+]
Government Revenues 1424914.00 1288665.00 1424914.00 19.00 VND Billion [+]
Fiscal Expenditure 1616414.00 1462965.00 1616414.00 35.00 VND Billion [+]
Credit Rating 43.00 [+]
Military Expenditure 5451.00 5074.00 5451.00 702.40 USD Million [+]

Vietnam Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.