Gross fixed capital formation, Private sector, Current prices in Vietnam
Vietnam: Gross fixed capital formation, Private sector, Current prices was 21.29 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Vietnam, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Vietnam stood at 21.29 % change on previous year.
That represents a change of up 68.5% on the previous year and up 193.7% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Vietnam peaked at 510.99 % change on previous year in 1986 and was at its lowest, -2.44 % change on previous year, in 1999.
Vietnam ranks 29th of 174 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, Current prices in Vietnam, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.97 % change on previous year | — |
| 1972 | 7.04 % change on previous year | -21.5% |
| 1973 | 3.5 % change on previous year | -50.3% |
| 1974 | 7.59 % change on previous year | +116.8% |
| 1975 | 8.1 % change on previous year | +6.6% |
| 1976 | 16.53 % change on previous year | +104.2% |
| 1977 | 19.21 % change on previous year | +16.2% |
| 1978 | 20.69 % change on previous year | +7.7% |
| 1979 | 9.29 % change on previous year | -55.1% |
| 1980 | 10.63 % change on previous year | +14.4% |
| 1981 | 40.5 % change on previous year | +281.1% |
| 1982 | 115.97 % change on previous year | +186.4% |
| 1983 | 60.19 % change on previous year | -48.1% |
| 1984 | 79.33 % change on previous year | +31.8% |
| 1985 | 100.67 % change on previous year | +26.9% |
| 1986 | 510.99 % change on previous year | +407.6% |
| 1987 | 332.45 % change on previous year | -34.9% |
| 1988 | 309.31 % change on previous year | -7.0% |
| 1989 | 92.06 % change on previous year | -70.2% |
| 1990 | 53.49 % change on previous year | -41.9% |
| 1991 | 91.06 % change on previous year | +70.2% |
| 1992 | 75.31 % change on previous year | -17.3% |
| 1993 | 66.44 % change on previous year | -11.8% |
| 1994 | 41.42 % change on previous year | -37.7% |
| 1995 | 34.3 % change on previous year | -17.2% |
| 1996 | 25.46 % change on previous year | -25.8% |
| 1997 | 15.35 % change on previous year | -39.7% |
| 1998 | 19.01 % change on previous year | +23.8% |
| 1999 | -2.44 % change on previous year | -112.8% |
| 2000 | 24.38 % change on previous year | -1100.0% |
| 2001 | 9.96 % change on previous year | -59.1% |
| 2002 | 17.26 % change on previous year | +73.2% |
| 2003 | 17.14 % change on previous year | -0.7% |
| 2004 | 25.09 % change on previous year | +46.4% |
| 2005 | 18.09 % change on previous year | -27.9% |
| 2006 | 18.85 % change on previous year | +4.2% |
| 2007 | 32.43 % change on previous year | +72.1% |
| 2008 | 17.08 % change on previous year | -47.3% |
| 2009 | 7.25 % change on previous year | -57.5% |
| 2010 | 18.65 % change on previous year | +157.3% |
| 2011 | 7.36 % change on previous year | -60.5% |
| 2012 | -1.1 % change on previous year | -115.0% |
| 2013 | 6.9 % change on previous year | -725.9% |
| 2014 | 15.75 % change on previous year | +128.3% |
| 2015 | 8.24 % change on previous year | -47.7% |
| 2016 | 7.05 % change on previous year | -14.4% |
| 2017 | 11.63 % change on previous year | +65.0% |
| 2018 | 12.63 % change on previous year | +8.6% |
| 2019 | 21.29 % change on previous year | +68.5% |
Vietnam compared with similar countries
- Vietnam's 21.29 % change on previous year is above the median for upper middle income countries, which is 5.31 % change on previous year, 4.0× the median. (50 countries reporting)
- Vietnam's 21.29 % change on previous year is above the median for East Asia & Pacific, which is 2.81 % change on previous year, 7.6× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current prices 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 | +1100.0% | -2.44 % change on previous year | 24.38 % change on previous year |
| 2013 | +725.9% | -1.1 % change on previous year | 6.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.21 % change on previous year | 3.5 % change on previous year | 20.69 % change on previous year | 9 |
| 1980s | 165.21 % change on previous year | 10.63 % change on previous year | 510.99 % change on previous year | 10 |
| 1990s | 41.94 % change on previous year | -2.44 % change on previous year | 91.06 % change on previous year | 10 |
| 2000s | 18.75 % change on previous year | 7.25 % change on previous year | 32.43 % change on previous year | 10 |
| 2010s | 10.84 % change on previous year | -1.1 % change on previous year | 21.29 % change on previous year | 10 |
Countries ranked near Vietnam
- 26 Romania 22.23 % change on previous year compare
- 27 Hungary 22.13 % change on previous year compare
- 28 Guinea-Bissau 22.12 % change on previous year compare
- 30 Gambia 20.96 % change on previous year compare
- 31 Burkina Faso 20.78 % change on previous year compare
- 32 Democratic Republic of Congo 19.94 % change on previous year compare
More economy & growth data for Vietnam
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0022 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 11.35 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 19.14 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
- SDR Allocation, SDR, per unit of GDP 0.0028 units per US$ of GDP (2025)
- SDR Allocation, SDR, per capita 13.98 units per person (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Vietnam?
- Gross fixed capital formation, private sector, current prices in Vietnam was 21.29 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Vietnam?
- The highest recorded value was 510.99 % change on previous year in 1986.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Vietnam?
- The lowest recorded value was -2.44 % change on previous year in 1999.
- How does Vietnam rank for gross fixed capital formation, private sector, current prices?
- Vietnam ranks 29th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Vietnam?
- Over the last ten years it is up 193.7%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.