Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Viet Nam
Viet Nam: Gross Fixed Capital Formation — Value US$, 2015 prices was 125,948 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Viet Nam, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Viet Nam stood at 125,948 million USD. That is the highest value across all 55 years on record.
The figure is up 4.2% on the previous year and up 91.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Viet Nam peaked at 125,948 million USD in 2024 and was at its lowest, 1,075 million USD, in 1970.
Viet Nam ranks 29th of 235 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Viet Nam, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,075 million USD | — |
| 1971 | 1,116 million USD | +3.8% |
| 1972 | 1,137 million USD | +2.0% |
| 1973 | 1,121 million USD | -1.4% |
| 1974 | 1,149 million USD | +2.5% |
| 1975 | 1,183 million USD | +3.0% |
| 1976 | 1,314 million USD | +11.0% |
| 1977 | 1,491 million USD | +13.5% |
| 1978 | 1,518 million USD | +1.8% |
| 1979 | 1,621 million USD | +6.8% |
| 1980 | 1,562 million USD | -3.7% |
| 1981 | 1,656 million USD | +6.0% |
| 1982 | 1,791 million USD | +8.2% |
| 1983 | 1,904 million USD | +6.3% |
| 1984 | 2,094 million USD | +10.0% |
| 1985 | 2,198 million USD | +4.9% |
| 1986 | 2,202 million USD | +0.2% |
| 1987 | 2,445 million USD | +11.0% |
| 1988 | 2,401 million USD | -1.8% |
| 1989 | 2,250 million USD | -6.3% |
| 1990 | 3,476 million USD | +54.5% |
| 1991 | 3,124 million USD | -10.1% |
| 1992 | 4,724 million USD | +51.2% |
| 1993 | 6,421 million USD | +35.9% |
| 1994 | 8,125 million USD | +26.5% |
| 1995 | 9,323 million USD | +14.7% |
| 1996 | 10,629 million USD | +14.0% |
| 1997 | 11,709 million USD | +10.2% |
| 1998 | 13,162 million USD | +12.4% |
| 1999 | 13,370 million USD | +1.6% |
| 2000 | 14,731 million USD | +10.2% |
| 2001 | 16,310 million USD | +10.7% |
| 2002 | 18,408 million USD | +12.9% |
| 2003 | 20,598 million USD | +11.9% |
| 2004 | 22,749 million USD | +10.4% |
| 2005 | 24,968 million USD | +9.8% |
| 2006 | 28,704 million USD | +15.0% |
| 2007 | 38,644 million USD | +34.6% |
| 2008 | 42,852 million USD | +10.9% |
| 2009 | 48,829 million USD | +13.9% |
| 2010 | 58,332 million USD | +19.5% |
| 2011 | 55,547 million USD | -4.8% |
| 2012 | 56,847 million USD | +2.3% |
| 2013 | 60,172 million USD | +5.8% |
| 2014 | 65,756 million USD | +9.3% |
| 2015 | 72,200 million USD | +9.8% |
| 2016 | 79,420 million USD | +10.0% |
| 2017 | 87,760 million USD | +10.5% |
| 2018 | 94,991 million USD | +8.2% |
| 2019 | 102,285 million USD | +7.7% |
| 2020 | 106,479 million USD | +4.1% |
| 2021 | 109,461 million USD | +2.8% |
| 2022 | 115,613 million USD | +5.6% |
| 2023 | 120,908 million USD | +4.6% |
| 2024 | 125,948 million USD | +4.2% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices in Viet Nam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +54.5% | 2,250 million USD | 3,476 million USD |
| 1992 | +51.2% | 3,124 million USD | 4,724 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,273 million USD | 1,075 million USD | 1,621 million USD | 10 |
| 1980s | 2,050 million USD | 1,562 million USD | 2,445 million USD | 10 |
| 1990s | 8,406 million USD | 3,124 million USD | 13,370 million USD | 10 |
| 2000s | 27,679 million USD | 14,731 million USD | 48,829 million USD | 10 |
| 2010s | 73,331 million USD | 55,547 million USD | 102,285 million USD | 10 |
| 2020s | 115,682 million USD | 106,479 million USD | 125,948 million USD | 5 |
Countries ranked near Viet Nam
More economy & growth data for Viet Nam
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.99 Percent per annum (2029)
- Gross Fixed Capital Formation — Value US$, annual growth rate 2.58 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 7.09 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.17 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 4.17 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 5.96 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -1.52 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 3.67 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -1.06 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Viet Nam?
- Gross fixed capital formation — value us$, 2015 prices in Viet Nam was 125,948 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Viet Nam?
- The highest recorded value was 125,948 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Viet Nam?
- The lowest recorded value was 1,075 million USD in 1970.
- How does Viet Nam rank for gross fixed capital formation — value us$, 2015 prices?
- Viet Nam ranks 29th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Viet Nam?
- Over the last ten years it is up 91.5%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).