Gross fixed capital formation, General government … General Percent in Vietnam
Vietnam: Gross fixed capital formation, General government … General Percent was 5.77 in 2019. ◆ Volatile
Gross fixed capital formation, General government, Constant prices in Vietnam, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, general government, constant prices in Vietnam stood at 5.77.
Compared with earlier readings it is up 13.9% on the previous year and down 0.7% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Vietnam peaked at 5.81 in 2009 and was at its lowest, 0.8747, in 1989.
Vietnam ranks 44th of 173 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, General government … General Percent in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.9943 | — |
| 1971 | 0.9943 | -0.0% |
| 1972 | 0.9943 | +0.0% |
| 1973 | 0.9944 | +0.0% |
| 1974 | 0.9943 | -0.0% |
| 1975 | 0.9943 | +0.0% |
| 1976 | 0.9944 | +0.0% |
| 1977 | 0.9941 | -0.0% |
| 1978 | 0.9945 | +0.0% |
| 1979 | 0.9948 | +0.0% |
| 1980 | 0.9931 | -0.2% |
| 1981 | 0.9955 | +0.2% |
| 1982 | 0.9957 | +0.0% |
| 1983 | 0.9882 | -0.7% |
| 1984 | 1 | +1.5% |
| 1985 | 0.9962 | -0.6% |
| 1986 | 0.9658 | -3.0% |
| 1987 | 1.05 | +8.3% |
| 1988 | 0.977 | -6.6% |
| 1989 | 0.8747 | -10.5% |
| 1990 | 1.29 | +47.0% |
| 1991 | 1.09 | -15.2% |
| 1992 | 1.52 | +39.2% |
| 1993 | 1.91 | +25.8% |
| 1994 | 2.22 | +16.3% |
| 1995 | 2.32 | +4.8% |
| 1996 | 2.22 | -4.6% |
| 1997 | 2.41 | +8.6% |
| 1998 | 2.31 | -3.9% |
| 1999 | 3.08 | +33.2% |
| 2000 | 2.67 | -13.3% |
| 2001 | 3.27 | +22.4% |
| 2002 | 3.61 | +10.4% |
| 2003 | 4.31 | +19.3% |
| 2004 | 3.52 | -18.3% |
| 2005 | 3.82 | +8.5% |
| 2006 | 3.62 | -5.1% |
| 2007 | 4.12 | +13.7% |
| 2008 | 4.09 | -0.6% |
| 2009 | 5.81 | +42.0% |
| 2010 | 5.58 | -3.9% |
| 2011 | 4.65 | -16.7% |
| 2012 | 5.3 | +14.0% |
| 2013 | 5.41 | +2.1% |
| 2014 | 5.01 | -7.4% |
| 2015 | 5.37 | +7.2% |
| 2016 | 5.04 | -6.2% |
| 2017 | 5.2 | +3.2% |
| 2018 | 5.07 | -2.6% |
| 2019 | 5.77 | +13.9% |
Vietnam compared with similar countries
- Vietnam's 5.77 is above the median for upper middle income countries, which is 3.85, 1.5× the median. (50 countries reporting)
- Vietnam's 5.77 is above the median for East Asia & Pacific, which is 4.89, 1.2× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, General government … General Percent 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 |
|---|---|---|---|
| 1990 | +47.0% | 0.8747 | 1.29 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9944 | 0.9941 | 0.9948 | 10 |
| 1980s | 0.9835 | 0.8747 | 1.05 | 10 |
| 1990s | 2.04 | 1.09 | 3.08 | 10 |
| 2000s | 3.88 | 2.67 | 5.81 | 10 |
| 2010s | 5.24 | 4.65 | 5.77 | 10 |
Countries ranked near Vietnam
More public sector data for Vietnam
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 177.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.5743 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 5.45 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Vietnam?
- Gross fixed capital formation, general government, constant prices in Vietnam was 5.77 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Vietnam?
- The highest recorded value was 5.81 in 2009.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Vietnam?
- The lowest recorded value was 0.8747 in 1989.
- How does Vietnam rank for gross fixed capital formation, general government, constant prices?
- Vietnam ranks 44th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Vietnam?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.