Vietnam - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Vietnam was 1,234,830,000,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 1,234,830,000,000,000 in 2020 and a minimum value of 134,174,000,000,000 in 1994.

Definition: 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. Data are in constant local currency.

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

Year Value
1994 134,174,000,000,000
1995 153,963,000,000,000
1996 175,527,000,000,000
1997 193,365,000,000,000
1998 217,364,000,000,000
1999 220,792,000,000,000
2000 243,269,000,000,000
2001 269,345,000,000,000
2002 303,994,000,000,000
2003 340,175,000,000,000
2004 375,694,000,000,000
2005 412,327,000,000,000
2006 453,157,000,000,000
2007 562,627,000,000,000
2008 584,225,000,000,000
2009 635,201,000,000,000
2010 704,401,000,000,000
2011 649,365,000,000,000
2012 661,526,000,000,000
2013 696,578,000,000,000
2014 761,052,000,000,000
2015 832,235,000,000,000
2016 914,777,000,000,000
2017 1,008,080,000,000,000
2018 1,095,280,000,000,000
2019 1,186,190,000,000,000
2020 1,234,830,000,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts