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Government Finance of Vietnam

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

9.0% 20.8% 29.9% 40.0%
  • Personal income taxes: 9.0%
  • Corporate income taxes: 20.8%
  • Social security contributions: 29.9%
  • Property taxes: 0.2%
  • Goods and services taxes: 40.0%
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Personal income taxes
9.0%
Corporate income taxes
20.8%
Social security contributions
29.9%
Property taxes
0.2%
Goods and services taxes
40.0%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 29.8% #152 / 184 2026
Government Gross Debt (Local currency - VND) 4.2Q - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - VND) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -2% #63 / 189 2026
Fiscal Balance (Local currency - VND) -278.96T - 2026
Primary Fiscal Balance (% of GDP) -1.1% #93 / 182 2026
Primary Fiscal Balance (Local currency - VND) -158.34T - 2026

Revenue and Spending

Government Revenue (% of GDP) 19.8% #136 / 189 2026
Government Revenue (Local currency - VND) 2.79Q - 2026
Government Spending (% of GDP) 21.8% #145 / 189 2026
Government Spending (Local currency - VND) 3.07Q - 2026

International Reserves

Total Reserves (USD) 83.1B #30 / 163 2024

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