Gross fixed capital formation, Private sector, Current prices in Viet Nam
Viet Nam: Gross fixed capital formation, Private sector, Current prices was 1.20 million in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Viet Nam, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Viet Nam 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 Viet Nam peaked at 1.20 million in 2019 and was at its lowest, 0.2811, in 1970.
Viet Nam 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 prices in Viet Nam, 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% |
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 Viet Nam
- 1 Venezuela, Bolivarian Republic of 324.78 million compare
- 2 Indonesia 4.55 million compare
- 3 Iran, Islamic Republic of 4.25 million compare
- 5 Republic of Korea 478,488 compare
- 6 Colombia 191,240 compare
- 7 Uzbekistan 148,040 compare
More economy & growth data for Viet Nam
- Manufacturing, value added (current US$), per unit of GDP 0.2453 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 1,243 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 6,123 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 31.02 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.2232 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,131 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 15.99 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 8.44 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3765 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,907 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Viet Nam?
- Gross fixed capital formation, private sector, current prices in Viet Nam 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 Viet Nam?
- The highest recorded value was 1.20 million in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Viet Nam?
- The lowest recorded value was 0.2811 in 1970.
- How does Viet Nam rank for gross fixed capital formation, private sector, current prices?
- Viet Nam ranks 4th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Viet Nam?
- Over the last ten years it is up 175.5%. The long-run trend across the full record is volatile.
- 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.