Gross Fixed Capital Formation — Value Standard Local Currency, annual in Vietnam
Vietnam: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 7.99 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Vietnam, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Vietnam recorded 7.99 % change on previous year for gross fixed capital formation — value standard local currency, annual in 2024.
Compared with earlier readings it is up 39.4% on the previous year and down 25.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Vietnam peaked at 510.99 % change on previous year in 1986 and was at its lowest, 3.5 % change on previous year, in 1973.
That places Vietnam 73rd out of 230 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 | 23.05 % change on previous year | -32.8% |
| 1997 | 16.95 % change on previous year | -26.4% |
| 1998 | 16.5 % change on previous year | -2.7% |
| 1999 | 5.38 % change on previous year | -67.4% |
| 2000 | 18.78 % change on previous year | +249.0% |
| 2001 | 14.91 % change on previous year | -20.6% |
| 2002 | 18.91 % change on previous year | +26.8% |
| 2003 | 22.65 % change on previous year | +19.8% |
| 2004 | 16.26 % change on previous year | -28.2% |
| 2005 | 20.17 % change on previous year | +24.1% |
| 2006 | 21.58 % change on previous year | +7.0% |
| 2007 | 42.87 % change on previous year | +98.7% |
| 2008 | 25.4 % change on previous year | -40.8% |
| 2009 | 24.9 % change on previous year | -2.0% |
| 2010 | 23.88 % change on previous year | -4.1% |
| 2011 | 12.33 % change on previous year | -48.4% |
| 2012 | 7.87 % change on previous year | -36.2% |
| 2013 | 8.48 % change on previous year | +7.7% |
| 2014 | 10.76 % change on previous year | +26.9% |
| 2015 | 11.71 % change on previous year | +8.9% |
| 2016 | 7.61 % change on previous year | -35.0% |
| 2017 | 14.04 % change on previous year | +84.4% |
| 2018 | 10.62 % change on previous year | -24.3% |
| 2019 | 10.04 % change on previous year | -5.5% |
| 2020 | 4.08 % change on previous year | -59.3% |
| 2021 | 8.15 % change on previous year | +99.5% |
| 2022 | 11.6 % change on previous year | +42.4% |
| 2023 | 5.73 % change on previous year | -50.6% |
| 2024 | 7.99 % change on previous year | +39.4% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 | +407.6% | 100.67 % change on previous year | 510.99 % 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 | 42.39 % change on previous year | 5.38 % change on previous year | 91.06 % change on previous year | 10 |
| 2000s | 22.64 % change on previous year | 14.91 % change on previous year | 42.87 % change on previous year | 10 |
| 2010s | 11.73 % change on previous year | 7.61 % change on previous year | 23.88 % change on previous year | 10 |
| 2020s | 7.51 % change on previous year | 4.08 % change on previous year | 11.6 % change on previous year | 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, annual in Vietnam?
- Gross fixed capital formation — value standard local currency, annual in Vietnam was 7.99 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Vietnam?
- The highest recorded value was 510.99 % change on previous year in 1986.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Vietnam?
- The lowest recorded value was 3.5 % change on previous year in 1973.
- How does Vietnam rank for gross fixed capital formation — value standard local currency, annual?
- Vietnam ranks 73rd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Vietnam?
- Over the last ten years it is down 25.7%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.