Gross Fixed Capital Formation — Value Standard Local Currency, per in Vietnam
Vietnam: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.007 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Vietnam, 1985–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Vietnam is 0.007 million SLC per US$ of GDP, measured in 2024.
That represents a change of down 1.6% on the previous year and up 17.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Vietnam peaked at 0.0073 million SLC per US$ of GDP in 2009 and was at its lowest, 0 million SLC per US$ of GDP, in 1985.
That places Vietnam 2nd out of 193 countries with data for 2024, 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 US$ of GDP | Change |
|---|---|---|
| 1985 | 0 million SLC per US$ of GDP | — |
| 1986 | 0 million SLC per US$ of GDP | +227.0% |
| 1987 | 0 million SLC per US$ of GDP | +210.7% |
| 1988 | 0.0001 million SLC per US$ of GDP | +490.2% |
| 1989 | 0.0006 million SLC per US$ of GDP | +675.9% |
| 1990 | 0.0008 million SLC per US$ of GDP | +49.3% |
| 1991 | 0.0011 million SLC per US$ of GDP | +28.6% |
| 1992 | 0.0019 million SLC per US$ of GDP | +70.8% |
| 1993 | 0.0023 million SLC per US$ of GDP | +24.6% |
| 1994 | 0.0027 million SLC per US$ of GDP | +14.5% |
| 1995 | 0.0028 million SLC per US$ of GDP | +5.5% |
| 1996 | 0.0029 million SLC per US$ of GDP | +3.5% |
| 1997 | 0.0031 million SLC per US$ of GDP | +7.4% |
| 1998 | 0.0036 million SLC per US$ of GDP | +14.9% |
| 1999 | 0.0036 million SLC per US$ of GDP | -0.0% |
| 2000 | 0.0039 million SLC per US$ of GDP | +9.3% |
| 2001 | 0.0043 million SLC per US$ of GDP | +9.6% |
| 2002 | 0.0048 million SLC per US$ of GDP | +10.8% |
| 2003 | 0.0052 million SLC per US$ of GDP | +8.7% |
| 2004 | 0.0052 million SLC per US$ of GDP | +1.2% |
| 2005 | 0.005 million SLC per US$ of GDP | -5.3% |
| 2006 | 0.0052 million SLC per US$ of GDP | +5.6% |
| 2007 | 0.0064 million SLC per US$ of GDP | +22.5% |
| 2008 | 0.0063 million SLC per US$ of GDP | -2.1% |
| 2009 | 0.0073 million SLC per US$ of GDP | +16.8% |
| 2010 | 0.0065 million SLC per US$ of GDP | -10.8% |
| 2011 | 0.0063 million SLC per US$ of GDP | -4.2% |
| 2012 | 0.006 million SLC per US$ of GDP | -4.8% |
| 2013 | 0.0059 million SLC per US$ of GDP | -0.7% |
| 2014 | 0.006 million SLC per US$ of GDP | +1.4% |
| 2015 | 0.0065 million SLC per US$ of GDP | +9.0% |
| 2016 | 0.0066 million SLC per US$ of GDP | +0.1% |
| 2017 | 0.0068 million SLC per US$ of GDP | +4.2% |
| 2018 | 0.0069 million SLC per US$ of GDP | +0.4% |
| 2019 | 0.007 million SLC per US$ of GDP | +2.1% |
| 2020 | 0.007 million SLC per US$ of GDP | +0.4% |
| 2021 | 0.0072 million SLC per US$ of GDP | +2.3% |
| 2022 | 0.0071 million SLC per US$ of GDP | -1.1% |
| 2023 | 0.0072 million SLC per US$ of GDP | +0.8% |
| 2024 | 0.007 million SLC per US$ of GDP | -1.6% |
Vietnam compared with similar countries
- Vietnam's 0.007 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 1838.9× the median. (54 countries reporting)
- Vietnam's 0.007 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 8228.8× 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 |
|---|---|---|---|
| 1989 | +675.9% | 0.0001 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP |
| 1988 | +490.2% | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP |
| 1986 | +227.0% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1987 | +210.7% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1992 | +70.8% | 0.0011 million SLC per US$ of GDP | 0.0019 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0001 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 5 |
| 1990s | 0.0025 million SLC per US$ of GDP | 0.0008 million SLC per US$ of GDP | 0.0036 million SLC per US$ of GDP | 10 |
| 2000s | 0.0054 million SLC per US$ of GDP | 0.0039 million SLC per US$ of GDP | 0.0073 million SLC per US$ of GDP | 10 |
| 2010s | 0.0065 million SLC per US$ of GDP | 0.0059 million SLC per US$ of GDP | 0.007 million SLC per US$ of GDP | 10 |
| 2020s | 0.0071 million SLC per US$ of GDP | 0.007 million SLC per US$ of GDP | 0.0072 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, per in Vietnam?
- Gross fixed capital formation — value standard local currency, per in Vietnam was 0.007 million SLC per US$ of GDP in 2024, 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 0.0073 million SLC per US$ of GDP in 2009.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Vietnam?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1985.
- How does Vietnam rank for gross fixed capital formation — value standard local currency, per?
- Vietnam ranks 2nd out of 193 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Vietnam?
- Over the last ten years it is up 17.3%. 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 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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.