Budget balance — all countries

Budget balance — Vietnam

Budget balance in Vietnam in 2031 — -1.3%. Ranked 59 in the world out of 188. Since 1998, the indicator has fallen by 1.2 pp.

2031 -1.3% +0 pp vs 2030
World rank 59of 188
Period maximum 0.7%2022
Period minimum -6%2013

Trend over time

1998–2031 · % of GDP

Budget balance — Vietnam, 1998–2031-6-4-2021998200220062010201420182022202620301998: -0.1%1999: -1.2%2000: -1.6%2001: -2.2%2002: -1.9%2003: -2.6%2004: -0.1%2005: -1%2006: 0.2%2007: -1.7%2008: -0.4%2009: -4.8%2010: -2.3%2011: -0.9%2012: -5.5%2013: -6%2014: -5%2015: -5%2016: -3.2%2017: -2%2018: -1%2019: -0.4%2020: -2.9%2021: -1.4%2022: 0.7%2023: -1.7%2024: -1.5%2025: -2.2%2026: -2%2027: -1.6%2028: -1.4%2029: -1.3%2030: -1.3%2031: -1.3%
Change over the period: −1.2 pp Annual average: -0.04 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Vietnam

Vietnam -1.3%
World computed -4.85%
East Asia & Pacific computed -5.66%
South-Eastern Asia computed -1.82%
Budget balance — Vietnam, by year Vietnam All countries CSV XLSX
Year % Change, pp
2031 -1.3 +0 pp
2030 -1.3 +0 pp
2029 -1.3 +0.1 pp
2028 -1.4 +0.2 pp
2027 -1.6 +0.4 pp
2026 -2 +0.2 pp
2025 -2.2 −0.7 pp
2024 -1.5 +0.2 pp
2023 -1.7 −2.4 pp
2022 0.7 +2.1 pp
2021 -1.4 +1.5 pp
2020 -2.9 −2.5 pp
2019 -0.4 +0.6 pp
2018 -1 +1 pp
2017 -2 +1.2 pp
2016 -3.2 +1.8 pp
2015 -5 +0 pp
2014 -5 +1 pp
2013 -6 −0.5 pp
2012 -5.5 −4.6 pp
2011 -0.9 +1.4 pp
2010 -2.3 +2.5 pp
2009 -4.8 −4.4 pp
2008 -0.4 +1.3 pp
2007 -1.7 −1.9 pp
2006 0.2 +1.2 pp
2005 -1 −0.9 pp
2004 -0.1 +2.5 pp
2003 -2.6 −0.7 pp
2002 -1.9 +0.3 pp
2001 -2.2 −0.6 pp
2000 -1.6 −0.4 pp
1999 -1.2 −1.1 pp
1998 -0.1

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.