Share of Gross Capital Formation at Current Purchasing Power Parities for Viet Nam
CSHICPVNA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
-24.29%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Gross Capital Formation at Current Purchasing Power Parities for Viet Nam' measures the portion of Vietnam's total economic output devoted to long-term investment in physical assets. This metric is crucial for economists and policymakers to assess the country's growth potential and economic development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents the share of Vietnam's gross domestic product (GDP) that is allocated to the accumulation of capital, such as buildings, machinery, and infrastructure. It provides insight into the economy's productive capacity and its ability to expand in the future.
Methodology
The data is calculated by the World Bank using national accounts statistics and purchasing power parity (PPP) conversion factors.
Historical Context
This metric is widely used by international organizations, economists, and investors to evaluate Vietnam's economic policies and investment climate.
Key Facts
- Vietnam's share of gross capital formation averaged 24.6% from 2010 to 2021.
- Investment in physical assets is crucial for long-term economic growth.
- Vietnam has increased its investment share in recent decades to support industrialization.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Vietnam's gross domestic product (GDP) that is allocated to the accumulation of capital, such as buildings, machinery, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Vietnam's productive capacity and its ability to expand in the future, making it crucial for economists and policymakers assessing the country's growth potential and economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This metric is widely used by international organizations, economists, and investors to evaluate Vietnam's economic policies and investment climate.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with potential delays in availability depending on the reporting timeline.
Related Trends
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Guinea
CSHRCPGNA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Pakistan
CSHGCPPKA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Luxembourg
CSHXCPLUA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Malaysia
CSHXCPMYA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Latvia
CSHCCPLVA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Egypt
CSHMCPEGA156NRUG
Citation
U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Viet Nam (CSHICPVNA156NRUG), retrieved from FRED.