Vietnam Government Budget

Vietnam recorded a Government Budget deficit equal to 6.90 percent of the countrys Gross Domestic Product in 2012. Government Budget in Vietnam is reported by the Asian Development Bank. From 1988 until 2012, Vietnam Government Budget averaged -3.6 Percent of GDP reaching an all time high of 1.3 Percent of GDP in December of 2006 and a record low of -9.9 Percent of GDP in December of 1988. 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. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-6.90 -5.00 1.30 -9.90 -5.57 | 2014/06 1988 - 2012 Percent of GDP Yearly

TO

Vietnam Government Budget
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 25.23 [+]
Government Budget -6.90 2012-12-31 -5.00 1.30 -9.90 -5.57 2014-06-30 Percent of GDP [+]
Government Budget Value -129537.00 2012-06-29 -83874.80 13000.00 -129537.00 -112264.93 2014-06-30 VND Billion [+]
Government Spending 192362.03 2012-06-29 164322.94 192362.03 3164.00 250827.62 2014-06-30 VND Billion [+]
Government Debt To GDP 37.30 2012-12-31 37.90 38.40 31.90 36.35 2014-06-30 Percent [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Vietnam Retail Sales YoY at 10.10 Percent  
Retail Sales in Vietnam increased 10.10 percent in March of 2014 over the same month in the previous year. Retail Sales Yoy in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Car Sales at 9295.00 Cars  
Car Registrations in Vietnam increased to 9295 Cars in November of 2013 from 8720 Cars in October of 2013. Car Registrations in Vietnam is reported by the Vietnam Automobile Manufacturers Association.
Vietnam Changes in Inventories at 98822.63 VND Billion  
Changes in Inventories in Vietnam increased to 98822.63 VND Billion in 2012 from 81538.12 VND Billion in 2011. Changes in Inventories in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Consumer Price Index (CPI) at 156.95 Index Points  
Consumer Price Index (CPI) in Vietnam decreased to 156.95 Index Points in March of 2014 from 157.64 Index Points in February of 2014. Consumer Price Index (CPI) in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Consumer Spending at 2093260.97 VND Billion  
Consumer Spending in Vietnam increased to 2093260.97 VND Billion in 2012 from 1844377 VND Billion in 2011. Consumer Spending in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Current Account at 9061.00 USD Million  
Vietnam recorded a Current Account surplus of 9061 USD Million in 2012. Current Account in Vietnam is reported by the Asian Development Bank.
Vietnam Export Prices at 99.50 Index Points  
Export Prices in Vietnam decreased to 99.50 Index Points in 2012 from 119.60 Index Points in 2011. Export Prices in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Foreign Direct Investment at 2515.00 USD Million  
Foreign Direct Investment in Vietnam increased to 2515 USD Million in the second quarter of 2013 from 1931 USD Million in the first quarter of 2013. Foreign Direct Investment in Vietnam is reported by the The State Bank of Vietnam.
Vietnam GDP Deflator at 134.51 Index Points  
GDP Deflator in Vietnam increased to 134.51 Index Points in 2012 from 121.26 Index Points in 2011. GDP Deflator in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Government Budget Value at -129537.00 VND Billion  
Vietnam recorded a government budget deficit of 129537 VND Billion in the second quarter of 2012. Government Budget Value in Vietnam is reported by the Asian Development Bank.
MORE RELATED NEWS

LATEST NEWS

Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News