Annual growth of the gross capital formation in Viet Nam
Viet Nam: Annual growth of the gross capital formation was 7.2% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Viet Nam, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Viet Nam stood at 7.2%.
Compared with earlier readings it is up 75.6% on the previous year and down 20.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Viet Nam peaked at 26.8% in 2007 and was at its lowest, -4.3%, in 2011.
Viet Nam ranks 51st of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Viet Nam, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 10.1% | — |
| 2001 | 10.8% | +6.5% |
| 2002 | 12.7% | +18.2% |
| 2003 | 11.9% | -6.8% |
| 2004 | 10.5% | -11.1% |
| 2005 | 11.2% | +5.8% |
| 2006 | 11.8% | +6.1% |
| 2007 | 26.8% | +126.5% |
| 2008 | 6.3% | -76.6% |
| 2009 | 4.3% | -31.4% |
| 2010 | 10.4% | +141.5% |
| 2011 | -4.3% | -141.6% |
| 2012 | 2.6% | -161.0% |
| 2013 | 5.9% | +123.9% |
| 2014 | 9.1% | +53.5% |
| 2015 | 9.6% | +6.2% |
| 2016 | 9.9% | +2.4% |
| 2017 | 10.2% | +3.9% |
| 2018 | 8.0% | -21.8% |
| 2019 | 7.5% | -6.6% |
| 2020 | 4.1% | -45.1% |
| 2021 | 3.3% | -20.2% |
| 2022 | 5.7% | +72.3% |
| 2023 | 4.1% | -27.4% |
| 2024 | 7.2% | +75.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.6% | 4.3% | 26.8% | 10 |
| 2010s | 6.9% | -4.3% | 10.4% | 10 |
| 2020s | 4.9% | 3.3% | 7.2% | 5 |
Countries ranked near Viet Nam
More economy & growth data for Viet Nam
- Exports of goods and services (current LCU), annual growth rate 21.62 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 24,523 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 124.23 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 16.27 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.8548 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 4,330 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 8.66 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2921 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 1,480 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 7,290 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Viet Nam?
- Annual growth of the gross capital formation in Viet Nam was 7.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Viet Nam?
- The highest recorded value was 26.8% in 2007.
- What is the lowest annual growth of the gross capital formation recorded in Viet Nam?
- The lowest recorded value was -4.3% in 2011.
- How does Viet Nam rank for annual growth of the gross capital formation?
- Viet Nam ranks 51st out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Viet Nam?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual growth of the gross capital formation (%).