Vietnam Government Budget

Vietnam recorded a Government Budget deficit equal to 4.40 percent of the country’s Gross Domestic Product in 2014. Government Budget in Vietnam averaged -3.65 percent of GDP from 1988 until 2014, reaching an all time high of 1.30 percent of GDP in 2006 and a record low of -9.90 percent of GDP in 1988. Government Budget in Vietnam is reported by the Asian Development Bank. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides – Vietnam Government Budget – actual values, historical data, forecast, chart, statistics, economic calendar and news.