Vietnam Government Revenues to GDP

General government revenue as a percentage of GDP.

Government Revenues to GDP in Vietnam increased to 17.58 percent of GDP in 2024 from 17.06 percent of GDP in 2023.

17.6%
▲ +0.5 pp2024 · previous 17.1%Annual · percent of GDP · Source: IMF — Public Finances in Modern History

Vietnam Government Revenues to GDP — History

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Vietnam Government Revenues to GDP — analysis in simple words

Latest reading

Government Revenues to GDP in Vietnam increased to 17.58 percent of GDP in 2024 from 17.06 percent of GDP in 2023.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2023) it was 17.1%, so the latest figure is 0.5 percentage points higher.

Over the past five years the average was 18.1%, with a range from 17.1% to 18.9%. The latest value is below that five-year average.

Historical context

This data series starts in 1998 and has 27 annual observations. The latest reading is higher than 19% of all of them.

The highest value on record is 21.5% (2010) and the lowest is 15.5% (1999). The long-run average is 18.8%.

Compared with other countries

Among 151 economies with recent data, Vietnam ranks 114th from the top. The median across all these economies is 27.2%, so Vietnam is below the typical country.

Within East Asia & Pacific (21 economies with data) it ranks 16th; the regional median is 25.6%.

Statistics

Latest
17.6%2024
Previous
17.1%
5-year average
18.1%
Long-run average
18.8%since 1998
All-time high
21.5%2010
All-time low
15.5%1999
Observations
27Annual

Recent Data

PeriodValueChange
202417.6%▲ +0.5 pp
202317.1%▼ −1.8 pp
202218.9%▲ +0.2 pp
202118.7%▲ +0.3 pp
202018.4%▼ −1.0 pp
201919.4%▼ −0.0 pp
201819.5%▼ −0.1 pp
201719.6%▲ +0.5 pp
201619.1%▼ −0.1 pp
201519.2%▲ +1.5 pp
201417.7%▼ −0.8 pp
201318.5%▲ +0.5 pp
201218.0%▼ −2.3 pp
201120.3%▼ −1.1 pp
201021.5%▲ +1.3 pp
200920.2%▼ −0.8 pp
200820.9%▲ +0.4 pp
200720.6%▼ −0.2 pp
200620.7%▲ +1.1 pp
200519.7%▲ +0.4 pp
200419.3%▼ −0.3 pp
200319.6%▲ +1.7 pp
200217.9%▲ +0.9 pp
200117.0%▲ +0.8 pp
200016.2%▲ +0.7 pp
199915.5%▼ −0.5 pp
199815.9%

Government Revenues to GDP — Vietnam vs Peers

Latest available reading for each economy (periods may differ). Vietnam highlighted.

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More Vietnam indicators

Understanding Government Revenues to GDP — a simple guide

What it measures

General government revenue as a percentage of GDP.

How it is calculated

Total government income (taxes, fees, other receipts) ÷ GDP × 100.

Simple example

20% means the government collects one-fifth of GDP.

▲ When it is high or rising

Higher revenue gives more room to spend without borrowing.

▼ When it is low or falling

Lower revenue limits spending capacity.

Why it matters for the economy and markets

Revenue capacity determines how much a state can spend without borrowing.

How to read it

Advanced economies typically collect a much larger share of GDP than emerging economies.

Data source

IMF — Public Finances in Modern History (series rev), annual data from 1998 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current government revenues to gdp of Vietnam?
Vietnam government revenues to gdp was 17.6% in 2024, compared with 17.1% in the previous period, according to IMF — Public Finances in Modern History.
What is the highest and lowest government revenues to gdp of Vietnam?
Since 1998, the highest reading was 21.5% (2010) and the lowest was 15.5% (1999).
What does government revenues to gdp measure?
General government revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.