Gross fixed capital formation, Private sector, Constant prices in Viet Nam
Viet Nam: Gross fixed capital formation, Private sector, Constant prices was 16.45 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Viet Nam, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Viet Nam is 16.45, measured in 2019. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 9.2% on the previous year and up 15.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Viet Nam peaked at 16.45 in 2019 and was at its lowest, 3.78, in 1989.
Viet Nam ranks 70th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 4.3 | — |
| 1971 | 4.3 | -0.0% |
| 1972 | 4.3 | +0.0% |
| 1973 | 4.3 | +0.0% |
| 1974 | 4.3 | -0.0% |
| 1975 | 4.3 | +0.0% |
| 1976 | 4.3 | +0.0% |
| 1977 | 4.3 | -0.0% |
| 1978 | 4.3 | +0.0% |
| 1979 | 4.3 | +0.0% |
| 1980 | 4.29 | -0.2% |
| 1981 | 4.3 | +0.2% |
| 1982 | 4.3 | +0.0% |
| 1983 | 4.27 | -0.7% |
| 1984 | 4.33 | +1.5% |
| 1985 | 4.31 | -0.6% |
| 1986 | 4.17 | -3.0% |
| 1987 | 4.52 | +8.3% |
| 1988 | 4.22 | -6.6% |
| 1989 | 3.78 | -10.5% |
| 1990 | 5.56 | +47.0% |
| 1991 | 4.71 | -15.2% |
| 1992 | 6.56 | +39.2% |
| 1993 | 8.25 | +25.8% |
| 1994 | 9.59 | +16.3% |
| 1995 | 10.05 | +4.8% |
| 1996 | 10.68 | +6.3% |
| 1997 | 10.73 | +0.5% |
| 1998 | 11.65 | +8.6% |
| 1999 | 10.46 | -10.2% |
| 2000 | 11.3 | +8.0% |
| 2001 | 11.2 | -0.9% |
| 2002 | 11.64 | +3.9% |
| 2003 | 11.59 | -0.4% |
| 2004 | 12.81 | +10.5% |
| 2005 | 12.85 | +0.3% |
| 2006 | 13.5 | +5.1% |
| 2007 | 15.72 | +16.5% |
| 2008 | 15.41 | -2.0% |
| 2009 | 14.3 | -7.2% |
| 2010 | 15.38 | +7.5% |
| 2011 | 13.54 | -12.0% |
| 2012 | 12.3 | -9.1% |
| 2013 | 12.17 | -1.1% |
| 2014 | 13.11 | +7.8% |
| 2015 | 13.21 | +0.7% |
| 2016 | 14.19 | +7.4% |
| 2017 | 14.63 | +3.1% |
| 2018 | 15.06 | +2.9% |
| 2019 | 16.45 | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.3 | 4.3 | 4.3 | 10 |
| 1980s | 4.25 | 3.78 | 4.52 | 10 |
| 1990s | 8.83 | 4.71 | 11.65 | 10 |
| 2000s | 13.03 | 11.2 | 15.72 | 10 |
| 2010s | 14 | 12.17 | 16.45 | 10 |
Countries ranked near Viet Nam
- 67 Latvia 17.15 compare
- 68 Lao People's Democratic Republic 16.79 compare
- 69 Malaysia 16.67 compare
- 71 Algeria 16.34 compare
- 72 Tanzania, United Republic of 16.27 compare
- 73 Chinese Taipei 16.19 compare
More economy & growth data for Viet Nam
- Foreign direct investment, net outflows (BoP, current US$), gaps 600.00 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.94 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 20.17 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.03 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0423 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 199.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 3.01 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1663 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 842.34 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Viet Nam?
- Gross fixed capital formation, private sector, constant prices in Viet Nam was 16.45 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Viet Nam?
- The highest recorded value was 16.45 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Viet Nam?
- The lowest recorded value was 3.78 in 1989.
- How does Viet Nam rank for gross fixed capital formation, private sector, constant prices?
- Viet Nam ranks 70th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Viet Nam?
- Over the last ten years it is up 15.0%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.