Gross fixed capital formation, Private sector, Current … Domestic in Vietnam
Vietnam: Gross fixed capital formation, Private sector, Current … Domestic was 1.20 million in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Vietnam, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Vietnam stood at 1.20 million. That is the highest value across all 50 years on record.
The figure is up 21.3% on the previous year and up 175.5% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Vietnam peaked at 1.20 million in 2019 and was at its lowest, 0.2811, in 1970.
Vietnam ranks 4th of 174 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current … Domestic in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.2811 | — |
| 1971 | 0.3064 | +9.0% |
| 1972 | 0.3279 | +7.0% |
| 1973 | 0.3394 | +3.5% |
| 1974 | 0.3652 | +7.6% |
| 1975 | 0.3948 | +8.1% |
| 1976 | 0.46 | +16.5% |
| 1977 | 0.5484 | +19.2% |
| 1978 | 0.6618 | +20.7% |
| 1979 | 0.7233 | +9.3% |
| 1980 | 0.8002 | +10.6% |
| 1981 | 1.12 | +40.5% |
| 1982 | 2.43 | +116.0% |
| 1983 | 3.89 | +60.2% |
| 1984 | 6.98 | +79.3% |
| 1985 | 14 | +100.7% |
| 1986 | 85.52 | +511.0% |
| 1987 | 369.84 | +332.5% |
| 1988 | 1,514 | +309.3% |
| 1989 | 2,907 | +92.1% |
| 1990 | 4,463 | +53.5% |
| 1991 | 8,526 | +91.1% |
| 1992 | 14,948 | +75.3% |
| 1993 | 24,879 | +66.4% |
| 1994 | 35,185 | +41.4% |
| 1995 | 47,255 | +34.3% |
| 1996 | 59,287 | +25.5% |
| 1997 | 68,390 | +15.4% |
| 1998 | 81,395 | +19.0% |
| 1999 | 79,410 | -2.4% |
| 2000 | 98,770 | +24.4% |
| 2001 | 108,612 | +10.0% |
| 2002 | 127,356 | +17.3% |
| 2003 | 149,191 | +17.1% |
| 2004 | 186,630 | +25.1% |
| 2005 | 220,383 | +18.1% |
| 2006 | 261,919 | +18.8% |
| 2007 | 346,860 | +32.4% |
| 2008 | 406,093 | +17.1% |
| 2009 | 435,537 | +7.3% |
| 2010 | 516,780 | +18.7% |
| 2011 | 554,822 | +7.4% |
| 2012 | 548,710 | -1.1% |
| 2013 | 586,546 | +6.9% |
| 2014 | 678,901 | +15.7% |
| 2015 | 734,825 | +8.2% |
| 2016 | 786,649 | +7.1% |
| 2017 | 878,176 | +11.6% |
| 2018 | 989,126 | +12.6% |
| 2019 | 1.20 million | +21.3% |
Vietnam compared with similar countries
- Vietnam's 1.20 million is above the median for upper middle income countries, which is 269.45, 4452.6× the median. (50 countries reporting)
- Vietnam's 1.20 million is above the median for East Asia & Pacific, which is 3,401, 352.7× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current … Domestic 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 |
|---|---|---|---|
| 1986 | +511.0% | 14 | 85.52 |
| 1987 | +332.5% | 85.52 | 369.84 |
| 1988 | +309.3% | 369.84 | 1,514 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4408 | 0.2811 | 0.7233 | 10 |
| 1980s | 490.58 | 0.8002 | 2,907 | 10 |
| 1990s | 42,374 | 4,463 | 81,395 | 10 |
| 2000s | 234,135 | 98,770 | 435,537 | 10 |
| 2010s | 747,428 | 516,780 | 1.20 million | 10 |
Countries ranked near Vietnam
- 1 Venezuela, República Bolivariana de 324.78 million compare
- 2 Indonesia 4.55 million compare
- 3 Iran, Islamic Republic of 4.25 million compare
- 5 Korea 478,488 compare
- 6 Colombia 191,240 compare
- 7 Uzbekistan, Republic of 148,040 compare
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, private sector, current prices in Vietnam?
- Gross fixed capital formation, private sector, current prices in Vietnam was 1.20 million in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Vietnam?
- The highest recorded value was 1.20 million in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Vietnam?
- The lowest recorded value was 0.2811 in 1970.
- How does Vietnam rank for gross fixed capital formation, private sector, current prices?
- Vietnam ranks 4th 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 175.5%. 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
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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.