Vietnam - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Vietnam was 4.10 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 24.16 in 2007 and a minimum value of -7.81 in 2011.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 14.75
1996 14.01
1997 10.16
1998 12.41
1999 1.58
2000 10.18
2001 10.72
2002 12.86
2003 11.90
2004 10.44
2005 9.75
2006 9.90
2007 24.16
2008 3.84
2009 8.73
2010 10.89
2011 -7.81
2012 1.87
2013 5.30
2014 9.26
2015 9.35
2016 9.92
2017 10.20
2018 8.65
2019 8.30
2020 4.10

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts