Gross Fixed Capital Formation Deflator — Value Standard Local in Viet Nam

Viet Nam: Gross Fixed Capital Formation Deflator — Value Standard Local was 122.82 SLC in 2024. ◆ Volatile

Latest (2024)
122.82 SLC
Change on year
up 3.7%
World rank
8th
of 12 countries
All-time high
122.82 SLC
in 2024
All-time low
0.0015 SLC
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Viet Nam, 1970–2024

0255075100125197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

In 2024, gross fixed capital formation deflator — value standard local in Viet Nam stood at 122.82 SLC. That is the highest value across all 55 years on record.

The figure is up 3.7% on the previous year and up 25.0% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Viet Nam peaked at 122.82 SLC in 2024 and was at its lowest, 0.0015 SLC, in 1970.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation Deflator — Value Standard Local in Viet Nam, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in Viet Nam, 1970 to 2024.
Year SLC Change
1970 0.0015 SLC
1971 0.0016 SLC +5.0%
1972 0.0016 SLC +5.0%
1973 0.0017 SLC +5.0%
1974 0.0018 SLC +5.0%
1975 0.0019 SLC +5.0%
1976 0.002 SLC +5.0%
1977 0.0021 SLC +5.0%
1978 0.0025 SLC +18.5%
1979 0.0025 SLC +2.4%
1980 0.0029 SLC +14.8%
1981 0.0039 SLC +32.5%
1982 0.0077 SLC +99.7%
1983 0.0116 SLC +50.7%
1984 0.0189 SLC +63.1%
1985 0.0361 SLC +91.2%
1986 0.2204 SLC +509.7%
1987 0.8584 SLC +289.5%
1988 3.58 SLC +316.9%
1989 7.33 SLC +104.9%
1990 7.29 SLC -0.6%
1991 15.49 SLC +112.6%
1992 17.96 SLC +16.0%
1993 21.99 SLC +22.4%
1994 24.58 SLC +11.8%
1995 28.77 SLC +17.0%
1996 31.05 SLC +7.9%
1997 32.96 SLC +6.2%
1998 34.16 SLC +3.6%
1999 35.44 SLC +3.7%
2000 38.2 SLC +7.8%
2001 39.65 SLC +3.8%
2002 41.77 SLC +5.4%
2003 45.78 SLC +9.6%
2004 48.19 SLC +5.3%
2005 52.76 SLC +9.5%
2006 55.8 SLC +5.7%
2007 59.21 SLC +6.1%
2008 66.96 SLC +13.1%
2009 73.4 SLC +9.6%
2010 76.11 SLC +3.7%
2011 89.79 SLC +18.0%
2012 94.63 SLC +5.4%
2013 96.98 SLC +2.5%
2014 98.29 SLC +1.4%
2015 100 SLC +1.7%
2016 97.83 SLC -2.2%
2017 100.96 SLC +3.2%
2018 103.18 SLC +2.2%
2019 105.44 SLC +2.2%
2020 105.42 SLC -0.0%
2021 110.91 SLC +5.2%
2022 117.18 SLC +5.7%
2023 118.47 SLC +1.1%
2024 122.82 SLC +3.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0019 SLC 0.0015 SLC 0.0025 SLC 10
1980s 1.21 SLC 0.0029 SLC 7.33 SLC 10
1990s 24.97 SLC 7.29 SLC 35.44 SLC 10
2000s 52.17 SLC 38.2 SLC 73.4 SLC 10
2010s 96.32 SLC 76.11 SLC 105.44 SLC 10
2020s 114.96 SLC 105.42 SLC 122.82 SLC 5

Countries ranked near Viet Nam

  1. 5 Haiti 1,030 SLC compare
  2. 6 Suriname 755.86 SLC compare
  3. 7 Sierra Leone 677.23 SLC compare
  4. 8 Nigeria 596.86 SLC compare
  5. 9 Zimbabwe 482.5 SLC compare
  6. 10 Ethiopia 432.49 SLC compare
  7. 11 Libya 414.45 SLC compare
  8. 11 Timor-Leste 106.57 SLC compare

See the full ranking of 209 places →

More economy & growth data for Viet Nam

All data for Viet Nam →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Viet Nam?
Gross fixed capital formation deflator — value standard local in Viet Nam was 122.82 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation deflator — value standard local recorded in Viet Nam?
The highest recorded value was 122.82 SLC in 2024.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Viet Nam?
The lowest recorded value was 0.0015 SLC in 1970.
How does Viet Nam rank for gross fixed capital formation deflator — value standard local?
Viet Nam ranks 8th out of 12 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Viet Nam?
Over the last ten years it is up 25.0%. The long-run trend across the full record is volatile.
Where does this Viet Nam data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Viet Nam. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/viet-nam-2/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
209 places, 10,808 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).