Gross fixed capital formation, Private sector, Constant prices in Vietnam
Vietnam: Gross fixed capital formation, Private sector, Constant prices was 122.03 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Vietnam, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Vietnam stood at 122.03. That is the highest value across all 60 years on record.
That represents a change of up 16.9% on the previous year and up 112.1% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Vietnam peaked at 122.03 in 2019 and was at its lowest, 1.24, in 1960.
Vietnam ranks 31st of 173 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.24 | — |
| 1961 | 1.29 | +4.0% |
| 1962 | 1.34 | +4.0% |
| 1963 | 1.4 | +4.0% |
| 1964 | 1.45 | +4.0% |
| 1965 | 1.51 | +4.0% |
| 1966 | 1.57 | +4.0% |
| 1967 | 1.63 | +4.0% |
| 1968 | 1.7 | +4.0% |
| 1969 | 1.77 | +4.0% |
| 1970 | 1.84 | +4.0% |
| 1971 | 1.91 | +3.8% |
| 1972 | 1.94 | +2.0% |
| 1973 | 1.92 | -1.4% |
| 1974 | 1.96 | +2.5% |
| 1975 | 2.02 | +3.0% |
| 1976 | 2.24 | +11.0% |
| 1977 | 2.55 | +13.5% |
| 1978 | 2.59 | +1.8% |
| 1979 | 2.77 | +6.7% |
| 1980 | 2.67 | -3.7% |
| 1981 | 2.83 | +6.0% |
| 1982 | 3.06 | +8.2% |
| 1983 | 3.25 | +6.3% |
| 1984 | 3.58 | +10.0% |
| 1985 | 3.75 | +4.9% |
| 1986 | 3.76 | +0.2% |
| 1987 | 4.18 | +11.0% |
| 1988 | 4.1 | -1.8% |
| 1989 | 3.84 | -6.3% |
| 1990 | 5.94 | +54.5% |
| 1991 | 5.34 | -10.1% |
| 1992 | 8.07 | +51.2% |
| 1993 | 10.97 | +35.9% |
| 1994 | 13.88 | +26.5% |
| 1995 | 15.93 | +14.7% |
| 1996 | 18.52 | +16.2% |
| 1997 | 20.12 | +8.7% |
| 1998 | 23.11 | +14.8% |
| 1999 | 21.73 | -6.0% |
| 2000 | 25.07 | +15.4% |
| 2001 | 26.56 | +6.0% |
| 2002 | 29.57 | +11.3% |
| 2003 | 31.6 | +6.9% |
| 2004 | 37.55 | +18.8% |
| 2005 | 40.5 | +7.8% |
| 2006 | 45.52 | +12.4% |
| 2007 | 56.8 | +24.8% |
| 2008 | 58.81 | +3.5% |
| 2009 | 57.54 | -2.2% |
| 2010 | 65.84 | +14.4% |
| 2011 | 61.57 | -6.5% |
| 2012 | 58.88 | -4.4% |
| 2013 | 61.42 | +4.3% |
| 2014 | 70.14 | +14.2% |
| 2015 | 75.36 | +7.4% |
| 2016 | 85.99 | +14.1% |
| 2017 | 94.74 | +10.2% |
| 2018 | 104.41 | +10.2% |
| 2019 | 122.03 | +16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.49 | 1.24 | 1.77 | 10 |
| 1970s | 2.17 | 1.84 | 2.77 | 10 |
| 1980s | 3.5 | 2.67 | 4.18 | 10 |
| 1990s | 14.36 | 5.34 | 23.11 | 10 |
| 2000s | 40.95 | 25.07 | 58.81 | 10 |
| 2010s | 80.04 | 58.88 | 122.03 | 10 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- Industry (including construction), value added (constant 2015 US$) 8.95 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3117 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,579 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 8.95 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 4,826 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 24.45 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 9.05 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4274 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,165 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 12.64 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Vietnam?
- Gross fixed capital formation, private sector, constant prices in Vietnam was 122.03 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Vietnam?
- The highest recorded value was 122.03 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Vietnam?
- The lowest recorded value was 1.24 in 1960.
- How does Vietnam rank for gross fixed capital formation, private sector, constant prices?
- Vietnam ranks 31st out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Vietnam?
- Over the last ten years it is up 112.1%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.