Statistical indicators of the State Budget of Vietnam

Statistical indicators of the State Budget of Vietnam

- The financial sector statistical indicator system is a set of statistical indicators reflecting the situation and main operational results of the financial sector. It also depicts the basic characteristics of the objects managed by the financial sector, serving the management and operational directives of the financial sector and other state agencies. The work includes evaluation, situation forecasting, strategy planning, and policy development in management fields of the financial sector. It aims to meet the requirements for the exchange and sharing of financial statistical information according to the provisions of the Statistics Law and the guiding documents of the Statistics Law.

- The financial sector statistical indicator system includes:

+ The list of financial sector statistical indicators specified in Appendix I;

+ The content of financial sector statistical indicators specified in Appendix II.

(Compared to the current regulations in Circular 65/2018/TT-BTC, Circular 03/2024/TT-BTC introduces several new points.)

For example, for the "State Budget" indicator group, Appendix I of Circular 03/2024/TT-BTC stipulates 16 codes, while Circular 65/2018/TT-BTC specified only 12 codes.

The 16 codes in the "State Budget" indicator group include:

+ State budget revenue and revenue structure

+ State budget expenditure and expenditure structure

+ State budget deficit

+ Principal repayment

+ Total state budget borrowing

+ Central budget expenditure

+ State budget revenue at the provincial and central-affiliated city level and revenue structure

+ Provincial, central-affiliated city budget expenditure and expenditure structure

+ Provincial budget deficit/surplus

+ Provincial budget principal repayment

+ Total provincial budget borrowing

+ National target program expenditure

+ State budget revenue as a percentage of GDP

+ State budget expenditure as a percentage of GDP

+ State budget deficit as a percentage of GDP

+ Tax and fee revenue as a percentage of GDP

More details can be found in Circular 03/2024/TT-BTC, effective from April 1, 2024.

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