Gross Fixed Capital Formation — Value Standard Local Currency, per in Vietnam
Vietnam: Gross Fixed Capital Formation — Value Standard Local Currency, per was 9,916 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Vietnam, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Vietnam recorded 9,916 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.
The figure is up 5.7% on the previous year and up 145.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Vietnam peaked at 9,916 million SLC per square kilometre in 2023 and was at its lowest, 0.0011 million SLC per square kilometre, in 1970.
That places Vietnam 2nd out of 194 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Vietnam, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0011 million SLC per square kilometre | — |
| 1971 | 0.0012 million SLC per square kilometre | +9.0% |
| 1972 | 0.0012 million SLC per square kilometre | +7.0% |
| 1973 | 0.0013 million SLC per square kilometre | +3.5% |
| 1974 | 0.0014 million SLC per square kilometre | +7.6% |
| 1975 | 0.0015 million SLC per square kilometre | +8.1% |
| 1976 | 0.0017 million SLC per square kilometre | +16.5% |
| 1977 | 0.0021 million SLC per square kilometre | +19.2% |
| 1978 | 0.0025 million SLC per square kilometre | +20.7% |
| 1979 | 0.0027 million SLC per square kilometre | +9.3% |
| 1980 | 0.003 million SLC per square kilometre | +10.6% |
| 1981 | 0.0043 million SLC per square kilometre | +40.5% |
| 1982 | 0.0092 million SLC per square kilometre | +116.0% |
| 1983 | 0.0147 million SLC per square kilometre | +60.2% |
| 1984 | 0.0264 million SLC per square kilometre | +79.3% |
| 1985 | 0.053 million SLC per square kilometre | +100.7% |
| 1986 | 0.3235 million SLC per square kilometre | +511.0% |
| 1987 | 1.4 million SLC per square kilometre | +332.5% |
| 1988 | 5.73 million SLC per square kilometre | +309.3% |
| 1989 | 11 million SLC per square kilometre | +92.1% |
| 1990 | 16.88 million SLC per square kilometre | +53.5% |
| 1991 | 32.26 million SLC per square kilometre | +91.1% |
| 1992 | 56.55 million SLC per square kilometre | +75.3% |
| 1993 | 94.12 million SLC per square kilometre | +66.4% |
| 1994 | 133.11 million SLC per square kilometre | +41.4% |
| 1995 | 178.77 million SLC per square kilometre | +34.3% |
| 1996 | 219.97 million SLC per square kilometre | +23.0% |
| 1997 | 257.25 million SLC per square kilometre | +17.0% |
| 1998 | 299.7 million SLC per square kilometre | +16.5% |
| 1999 | 315.83 million SLC per square kilometre | +5.4% |
| 2000 | 392.53 million SLC per square kilometre | +24.3% |
| 2001 | 451 million SLC per square kilometre | +14.9% |
| 2002 | 537.2 million SLC per square kilometre | +19.1% |
| 2003 | 659.88 million SLC per square kilometre | +22.8% |
| 2004 | 767.14 million SLC per square kilometre | +16.3% |
| 2005 | 913.71 million SLC per square kilometre | +19.1% |
| 2006 | 1,111 million SLC per square kilometre | +21.6% |
| 2007 | 1,588 million SLC per square kilometre | +43.0% |
| 2008 | 1,990 million SLC per square kilometre | +25.3% |
| 2009 | 2,486 million SLC per square kilometre | +24.9% |
| 2010 | 3,075 million SLC per square kilometre | +23.7% |
| 2011 | 3,454 million SLC per square kilometre | +12.3% |
| 2012 | 3,724 million SLC per square kilometre | +7.8% |
| 2013 | 4,045 million SLC per square kilometre | +8.6% |
| 2014 | 4,475 million SLC per square kilometre | +10.6% |
| 2015 | 4,999 million SLC per square kilometre | +11.7% |
| 2016 | 5,379 million SLC per square kilometre | +7.6% |
| 2017 | 6,134 million SLC per square kilometre | +14.0% |
| 2018 | 6,785 million SLC per square kilometre | +10.6% |
| 2019 | 7,466 million SLC per square kilometre | +10.0% |
| 2020 | 7,771 million SLC per square kilometre | +4.1% |
| 2021 | 8,404 million SLC per square kilometre | +8.1% |
| 2022 | 9,379 million SLC per square kilometre | +11.6% |
| 2023 | 9,916 million SLC per square kilometre | +5.7% |
Vietnam compared with similar countries
- Vietnam's 9,916 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 4734.8× the median. (54 countries reporting)
- Vietnam's 9,916 million SLC per square kilometre is above the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 4411.1× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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% | 0.053 million SLC per square kilometre | 0.3235 million SLC per square kilometre |
| 1987 | +332.5% | 0.3235 million SLC per square kilometre | 1.4 million SLC per square kilometre |
| 1988 | +309.3% | 1.4 million SLC per square kilometre | 5.73 million SLC per square kilometre |
| 1982 | +116.0% | 0.0043 million SLC per square kilometre | 0.0092 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0017 million SLC per square kilometre | 0.0011 million SLC per square kilometre | 0.0027 million SLC per square kilometre | 10 |
| 1980s | 1.86 million SLC per square kilometre | 0.003 million SLC per square kilometre | 11 million SLC per square kilometre | 10 |
| 1990s | 160.44 million SLC per square kilometre | 16.88 million SLC per square kilometre | 315.83 million SLC per square kilometre | 10 |
| 2000s | 1,090 million SLC per square kilometre | 392.53 million SLC per square kilometre | 2,486 million SLC per square kilometre | 10 |
| 2010s | 4,954 million SLC per square kilometre | 3,075 million SLC per square kilometre | 7,466 million SLC per square kilometre | 10 |
| 2020s | 8,868 million SLC per square kilometre | 7,771 million SLC per square kilometre | 9,916 million SLC per square kilometre | 4 |
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, per in Vietnam?
- Gross fixed capital formation — value standard local currency, per in Vietnam was 9,916 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Vietnam?
- The highest recorded value was 9,916 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Vietnam?
- The lowest recorded value was 0.0011 million SLC per square kilometre in 1970.
- How does Vietnam rank for gross fixed capital formation — value standard local currency, per?
- Vietnam ranks 2nd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Vietnam?
- Over the last ten years it is up 145.1%. 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, per square kilometre. 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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.