Gross Fixed Capital Formation — Annual growth US$ (Gross Annual) in Vietnam
Vietnam: Gross Fixed Capital Formation — Annual growth US$ was 2.58 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth US$ in Vietnam, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Vietnam recorded 2.58 % for gross fixed capital formation — annual growth us$ in 2024.
That represents a change of down 24.8% on the previous year and down 73.2% over ten years.
Over the whole period, gross fixed capital formation — annual growth us$ in Vietnam peaked at 75.22 % in 1993 and was at its lowest, -66.45 %, in 1980.
That places Vietnam 154th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Annual growth US$ in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 8.97 % | — |
| 1972 | 7.04 % | -21.5% |
| 1973 | 3.5 % | -50.3% |
| 1974 | 7.59 % | +116.8% |
| 1975 | 8.1 % | +6.6% |
| 1976 | 16.53 % | +104.2% |
| 1977 | 19.21 % | +16.2% |
| 1978 | 20.69 % | +7.7% |
| 1979 | 9.29 % | -55.1% |
| 1980 | -66.45 % | -815.5% |
| 1981 | -21.26 % | -68.0% |
| 1982 | 16.04 % | -175.5% |
| 1983 | 50.23 % | +213.1% |
| 1984 | 54.65 % | +8.8% |
| 1985 | -6.93 % | -112.7% |
| 1986 | 6.15 % | -188.8% |
| 1987 | 6.36 % | +3.4% |
| 1988 | 4.03 % | -36.6% |
| 1989 | 14.69 % | +264.2% |
| 1990 | 5.69 % | -61.3% |
| 1991 | 23.41 % | +311.2% |
| 1992 | 58.41 % | +149.5% |
| 1993 | 75.22 % | +28.8% |
| 1994 | 37.24 % | -50.5% |
| 1995 | 33.42 % | -10.2% |
| 1996 | 23.11 % | -30.9% |
| 1997 | 10.44 % | -54.8% |
| 1998 | 2.59 % | -75.2% |
| 1999 | 0.277 % | -89.3% |
| 2000 | 16.89 % | +5999.4% |
| 2001 | 10.56 % | -37.5% |
| 2002 | 14.59 % | +38.2% |
| 2003 | 20.83 % | +42.7% |
| 2004 | 14.51 % | -30.3% |
| 2005 | 19.31 % | +33.1% |
| 2006 | 20.55 % | +6.4% |
| 2007 | 41.89 % | +103.9% |
| 2008 | 23.88 % | -43.0% |
| 2009 | 19.32 % | -19.1% |
| 2010 | 13.58 % | -29.7% |
| 2011 | 1.94 % | -85.7% |
| 2012 | 6.22 % | +220.0% |
| 2013 | 7.93 % | +27.5% |
| 2014 | 9.63 % | +21.5% |
| 2015 | 8.88 % | -7.8% |
| 2016 | 6.45 % | -27.4% |
| 2017 | 11.82 % | +83.3% |
| 2018 | 9.49 % | -19.7% |
| 2019 | 7.9 % | -16.7% |
| 2020 | 3.37 % | -57.3% |
| 2021 | 8.37 % | +148.1% |
| 2022 | 11.06 % | +32.1% |
| 2023 | 3.44 % | -68.9% |
| 2024 | 2.58 % | -24.8% |
Vietnam compared with similar countries
- Vietnam's 2.58 % is below the median for upper middle income countries, which is 6.05 %, 43% of the median. (54 countries reporting)
- Vietnam's 2.58 % is below the median for East Asia & Pacific, which is 4.31 %, 60% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Annual growth US$ in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +5999.4% | 0.277 % | 16.89 % |
| 1980 | -815.5% | 9.29 % | -66.45 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.21 % | 3.5 % | 20.69 % | 9 |
| 1980s | 5.75 % | -66.45 % | 54.65 % | 10 |
| 1990s | 26.98 % | 0.277 % | 75.22 % | 10 |
| 2000s | 20.23 % | 10.56 % | 41.89 % | 10 |
| 2010s | 8.38 % | 1.94 % | 13.58 % | 10 |
| 2020s | 5.77 % | 2.58 % | 11.06 % | 5 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.31 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0251 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0028 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 15.54 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth us$ in Vietnam?
- Gross fixed capital formation — annual growth us$ in Vietnam was 2.58 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth us$ recorded in Vietnam?
- The highest recorded value was 75.22 % in 1993.
- What is the lowest gross fixed capital formation — annual growth us$ recorded in Vietnam?
- The lowest recorded value was -66.45 % in 1980.
- How does Vietnam rank for gross fixed capital formation — annual growth us$?
- Vietnam ranks 154th out of 235 countries with data for 2024.
- Is gross fixed capital formation — annual growth us$ rising or falling in Vietnam?
- Over the last ten years it is down 73.2%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).