HistoryData

Education Spending: Vietnam

Vietnam's education spending is currently 2.887 % of GDP as of 2022. # Vietnam Education Spending Vietnam allocated 2.

Current (2022)
2.887 % of GDP
-2.0% y/y
Peak (2008)
4.887 % of GDP
Low (2022)
2.887 % of GDP
Source
World Bank World Development Indicators
20082022 · 15 pts

Education SpendingVietnam

20082022

Education Spending — Vietnam
2.887% of GDP3.387% of GDP3.887% of GDP4.387% of GDP4.887% of GDP2008201020202022PeakLow
Analysis# Vietnam Education Spending Vietnam allocated 2.887% of its GDP to education in 2022, marking a substantial decline from its peak of 4.887% in 2008. This represents a 40.9% decrease over the 14-year period and coincides with the metric reaching its all-time low. The downward trajectory has been consistent, with spending declining nearly every year since 2013, when it stood at 4.528% of GDP. The most significant drop occurred between 2013 and 2015, falling from 4.528% to 3.417%. After stabilizing briefly around 3.2–3.5% from 2015 to 2019, spending resumed its decline and has fallen below 3% as of 2021. The current level of 2.887% suggests Vietnam's education investment continues shrinking relative to economic output, signaling a potential shift in budget priorities away from the education sector.

Historical Data

15 Rows
YearValueChange %
20222.887 % of GDP-1.97%
20212.945 % of GDP-8.46%
20203.217 % of GDP+4.28%
20193.085 % of GDP-6.37%
20183.295 % of GDP-3.63%
20173.419 % of GDP-1.44%
20163.469 % of GDP+1.52%
20153.417 % of GDP-3.47%
20143.54 % of GDP-21.82%
20134.528 % of GDP+2.72%
20124.408 % of GDP+16.61%
20113.78 % of GDP-6.57%
20104.046 % of GDP-16.01%
20094.817 % of GDP-1.43%
20084.887 % of GDP

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