Gross capital formation as a share of GDP reached 28.4 % in 2019 in Vietnam, according to the National Statistical Office. This is 3.24 % more than in the previous year.
Historically, gross capital formation as a share of GDP in Vietnam reached an all time high of 28.4 % in 2019 and an all time low of 0.126 % in 1990. When compared to Vietnam's main peers, gross capital formation as a share of GDP in Cambodia amounted to 22.0 %, 43.7 % in China and 24.1 % in Thailand in 2019.
Vietnam has been ranked 40th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 20 places behind the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.