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[SUMMARY] Vietnam Budget 2024
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The Vietnam National Budget; Fiscal Year 2024
| GDP | 464,505,198,458K |
|---|---|
| GDP Growth Rate | 0% |
| GDP Per Capita | $4,594 |
| Population | 101,113,576 |
Economic Growth
| Base Bonus | Shock Bonus | All Other Bonuses | Trade Bloc Bonus | Long Term Shock Bonus | Total Bonus |
|---|---|---|---|---|---|
| 6.50% | 0.00% | 1.26% | 7.76% |
Annual Statements
| Effective Taxation Rate | 23.4% |
|---|---|
| Revenue | 108,694,216,439K |
| Expenditures | 122,490,020,833K |
| Surplus/Deficit | -13,795,804,394K |
| Soverign Debt | Interest | Debt Servicing | Deficiet | Change | New Sovereign Debt |
|---|---|---|---|---|---|
| 110,015,224,878 K | 3,300,456,746 K | 2,601,229,111 K | -13795804394.21 K | 14495032029.20 K | 124,510,256,907 K |
Budgetary Breakdown
| Sector | Expenditure | % of Budget | New GDP% | Prev. GDP% | GDP Δ% | Previous Expenditure | Δ Expenditure |
|---|---|---|---|---|---|---|---|
| General Government | $ 10,683,619,564.54 K | 8.72% | 2.30% | 2.30% | 0.00% | $ 9,914,272,053.21 K | $ 769,347,511.33 K |
| Defence | $ 7,896,588,373.79 K | 6.45% | 1.70% | 1.70% | 0.00% | $ 7,327,940,213.24 K | $ 568,648,160.55 K |
| Foriegn Aid | $ - K | 0.00% | 0.00% | 0.00% | 0.00% | $ - K | $ - K |
| Science & Technology | $ 7,896,588,373.79 K | 6.45% | 1.70% | 1.70% | 0.00% | $ 7,327,940,213.24 K | $ 568,648,160.55 K |
| Energy | $ 2,415,427,031.98 K | 1.97% | 0.52% | 0.52% | 0.00% | $ 2,241,487,594.64 K | $ 173,939,437.34 K |
| Resources & Environment | $ 836,109,357.23 K | 0.68% | 0.18% | 0.18% | 0.00% | $ 775,899,551.99 K | $ 60,209,805.23 K |
| Agriculture | $ 232,252,599.23 K | 0.19% | 0.05% | 0.05% | 0.00% | $ 215,527,653.33 K | $ 16,724,945.90 K |
| Infrastructure & Transportation | $ 11,148,124,763.00 K | 9.10% | 2.40% | 2.40% | 0.00% | $ 10,345,327,359.87 K | $ 802,797,403.13 K |
| Education & Training | $ 16,025,429,346.81 K | 13.08% | 3.45% | 3.45% | 0.00% | $ 14,871,408,079.82 K | $ 1,154,021,266.99 K |
| Labour & Social Services | $ 12,588,090,878.22 K | 10.28% | 2.71% | 2.71% | 0.00% | $ 11,681,598,810.53 K | $ 906,492,067.70 K |
| Health | $ 19,973,723,533.71 K | 16.31% | 4.30% | 4.30% | 0.00% | $ 18,535,378,186.44 K | $ 1,438,345,347.27 K |
| Social Security | $ 30,192,837,899.79 K | 24.65% | 6.50% | 6.50% | 0.00% | $ 28,018,594,932.99 K | $ 2,174,242,966.80 K |
| Debt Servicing | $ 2,601,229,111.37 K | 2.12% | 0.56% | 0.56% | 0.00% | $ 2,413,909,717.30 K | $ 187,319,394.06 K |
| Total Spending | $ 122,490,020,833.47 K | 100.00% | 26.37% | 26.37% | 0.00% | $ 113,669,284,366.62 K | $ 8,820,736,466.85 K |
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