Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Vietnam
Vietnam: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0057 million SLC per US$ of GDP in 2024. ▼ Falling
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Vietnam, 1985–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Vietnam recorded 0.0057 million SLC per US$ of GDP for gross fixed capital formation — value standard local currency, 2015 in 2024.
The figure is down 5.1% on the previous year and down 6.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Vietnam peaked at 0.0117 million SLC per US$ of GDP in 1990 and was at its lowest, 0.0014 million SLC per US$ of GDP, in 1987.
That places Vietnam 1st out of 193 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 40 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Vietnam, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1985 | 0.0034 million SLC per US$ of GDP | — |
| 1986 | 0.0018 million SLC per US$ of GDP | -46.4% |
| 1987 | 0.0014 million SLC per US$ of GDP | -20.2% |
| 1988 | 0.002 million SLC per US$ of GDP | +41.6% |
| 1989 | 0.0078 million SLC per US$ of GDP | +278.6% |
| 1990 | 0.0117 million SLC per US$ of GDP | +50.2% |
| 1991 | 0.0071 million SLC per US$ of GDP | -39.5% |
| 1992 | 0.0104 million SLC per US$ of GDP | +47.3% |
| 1993 | 0.0106 million SLC per US$ of GDP | +1.8% |
| 1994 | 0.0108 million SLC per US$ of GDP | +2.4% |
| 1995 | 0.0098 million SLC per US$ of GDP | -9.9% |
| 1996 | 0.0094 million SLC per US$ of GDP | -4.1% |
| 1997 | 0.0095 million SLC per US$ of GDP | +1.2% |
| 1998 | 0.0105 million SLC per US$ of GDP | +10.9% |
| 1999 | 0.0101 million SLC per US$ of GDP | -3.6% |
| 2000 | 0.0103 million SLC per US$ of GDP | +1.4% |
| 2001 | 0.0108 million SLC per US$ of GDP | +5.6% |
| 2002 | 0.0114 million SLC per US$ of GDP | +5.2% |
| 2003 | 0.0113 million SLC per US$ of GDP | -0.8% |
| 2004 | 0.0109 million SLC per US$ of GDP | -3.8% |
| 2005 | 0.0094 million SLC per US$ of GDP | -13.5% |
| 2006 | 0.0094 million SLC per US$ of GDP | -0.2% |
| 2007 | 0.0108 million SLC per US$ of GDP | +15.4% |
| 2008 | 0.0094 million SLC per US$ of GDP | -13.4% |
| 2009 | 0.01 million SLC per US$ of GDP | +6.5% |
| 2010 | 0.0086 million SLC per US$ of GDP | -14.0% |
| 2011 | 0.007 million SLC per US$ of GDP | -18.8% |
| 2012 | 0.0063 million SLC per US$ of GDP | -9.7% |
| 2013 | 0.0061 million SLC per US$ of GDP | -3.1% |
| 2014 | 0.0061 million SLC per US$ of GDP | +0.0% |
| 2015 | 0.0065 million SLC per US$ of GDP | +7.1% |
| 2016 | 0.0067 million SLC per US$ of GDP | +2.4% |
| 2017 | 0.0068 million SLC per US$ of GDP | +1.0% |
| 2018 | 0.0066 million SLC per US$ of GDP | -1.8% |
| 2019 | 0.0066 million SLC per US$ of GDP | -0.1% |
| 2020 | 0.0067 million SLC per US$ of GDP | +0.4% |
| 2021 | 0.0065 million SLC per US$ of GDP | -2.8% |
| 2022 | 0.0061 million SLC per US$ of GDP | -6.4% |
| 2023 | 0.006 million SLC per US$ of GDP | -0.3% |
| 2024 | 0.0057 million SLC per US$ of GDP | -5.1% |
Vietnam compared with similar countries
- Vietnam's 0.0057 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 3874.6× the median. (54 countries reporting)
- Vietnam's 0.0057 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 8389.7× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 |
|---|---|---|---|
| 1989 | +278.6% | 0.002 million SLC per US$ of GDP | 0.0078 million SLC per US$ of GDP |
| 1990 | +50.2% | 0.0078 million SLC per US$ of GDP | 0.0117 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0033 million SLC per US$ of GDP | 0.0014 million SLC per US$ of GDP | 0.0078 million SLC per US$ of GDP | 5 |
| 1990s | 0.01 million SLC per US$ of GDP | 0.0071 million SLC per US$ of GDP | 0.0117 million SLC per US$ of GDP | 10 |
| 2000s | 0.0104 million SLC per US$ of GDP | 0.0094 million SLC per US$ of GDP | 0.0114 million SLC per US$ of GDP | 10 |
| 2010s | 0.0067 million SLC per US$ of GDP | 0.0061 million SLC per US$ of GDP | 0.0086 million SLC per US$ of GDP | 10 |
| 2020s | 0.0062 million SLC per US$ of GDP | 0.0057 million SLC per US$ of GDP | 0.0067 million SLC per US$ of GDP | 5 |
Countries ranked near Vietnam
More economy & growth data for Vietnam
- 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 — value standard local currency, 2015 in Vietnam?
- Gross fixed capital formation — value standard local currency, 2015 in Vietnam was 0.0057 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Vietnam?
- The highest recorded value was 0.0117 million SLC per US$ of GDP in 1990.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Vietnam?
- The lowest recorded value was 0.0014 million SLC per US$ of GDP in 1987.
- How does Vietnam rank for gross fixed capital formation — value standard local currency, 2015?
- Vietnam ranks 1st out of 193 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Vietnam?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.