Total Expenditure (general government) — Value Standard Local Currency in Viet Nam
Viet Nam: Total Expenditure (general government) — Value Standard Local Currency was 1.94 billion million SLC in 2023. ▲ Rising
Total Expenditure (general government) — Value Standard Local Currency in Viet Nam, 2006–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, total expenditure (general government) — value standard local currency in Viet Nam stood at 1.94 billion million SLC. That is the highest value across all 18 years on record.
That represents a change of up 11.0% on the previous year and up 65.3% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in Viet Nam peaked at 1.94 billion million SLC in 2023 and was at its lowest, 345.53 million million SLC, in 2006.
The long-run direction has been consistently rising across the 18 years of available data.
Total Expenditure (general government) — Value Standard Local Currency in Viet Nam, year by year
| Year | million SLC | Change |
|---|---|---|
| 2006 | 345.53 million million SLC | — |
| 2007 | 423.06 million million SLC | +22.4% |
| 2008 | 470.13 million million SLC | +11.1% |
| 2009 | 577.59 million million SLC | +22.9% |
| 2010 | 688.39 million million SLC | +19.2% |
| 2011 | 851.81 million million SLC | +23.7% |
| 2012 | 1.05 billion million SLC | +23.8% |
| 2013 | 1.17 billion million SLC | +11.1% |
| 2014 | 1.10 billion million SLC | -5.8% |
| 2015 | 1.28 billion million SLC | +15.6% |
| 2016 | 1.30 billion million SLC | +1.7% |
| 2017 | 1.36 billion million SLC | +4.4% |
| 2018 | 1.44 billion million SLC | +5.9% |
| 2019 | 1.53 billion million SLC | +6.4% |
| 2020 | 1.71 billion million SLC | +12.0% |
| 2021 | 1.71 billion million SLC | +0.3% |
| 2022 | 1.75 billion million SLC | +1.9% |
| 2023 | 1.94 billion million SLC | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 454.08 million million SLC | 345.53 million million SLC | 577.59 million million SLC | 4 |
| 2010s | 1.18 billion million SLC | 688.39 million million SLC | 1.53 billion million SLC | 10 |
| 2020s | 1.78 billion million SLC | 1.71 billion million SLC | 1.94 billion million SLC | 4 |
Countries ranked near Viet Nam
- 1 Indonesia 3.68 billion million SLC compare
- 2 Cabo Verde 59,130 million SLC compare
- 2 Colombia 609.12 million million SLC compare
- 3 Republic of Korea 515.05 million million SLC compare
- 4 Türkiye 11.44 million million SLC compare
- 4 Uzbekistan 405.41 million million SLC compare
More economy & growth data for Viet Nam
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.99 Percent per annum (2029)
- Gross Domestic Product — Value US$, 2015 prices 404,124 million USD (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices 130.03 SLC (2024)
- GDP Deflator — Value US$, 2015 prices 112.67 USD (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 122.82 SLC (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 106.42 USD (2024)
- Gross Domestic Product — Value US$ 455,329 million USD (2024)
- Gross Domestic Product — Value US$ per capita 4,509 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 4,002 USD (2024)
Frequently asked questions
- What is total expenditure (general government) — value standard local currency in Viet Nam?
- Total expenditure (general government) — value standard local currency in Viet Nam was 1.94 billion million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in Viet Nam?
- The highest recorded value was 1.94 billion million SLC in 2023.
- What is the lowest total expenditure (general government) — value standard local currency recorded in Viet Nam?
- The lowest recorded value was 345.53 million million SLC in 2006.
- How does Viet Nam rank for total expenditure (general government) — value standard local currency?
- Viet Nam ranks 1st out of 7 countries with data for 2023.
- Is total expenditure (general government) — value standard local currency rising or falling in Viet Nam?
- Over the last ten years it is up 65.3%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.