Data · Growth & economic structure
Average depreciation rate of the capital stock: Vietnam, 1970–2023
- Latest (2023)
- 5.22 % per year
- Source
- Groningen Growth and Development Centre
- Code
- delta
- Frequency
- Yearly
Definition
Average depreciation rate of the capital stock
What the series shows
The series runs from 1970 to 2023 (54 years of data). It moved from 4.02 to 5.22 % per year, a change of 29.8%. The highest value was 6.58 in 2010 and the lowest 3.54 in 1995. The comparison below sets Vietnam against 9 neighbouring economies on the latest available year.
Using it in a thesis
Indicators like this one are typical control or explanatory variables in macro and finance theses: merge the CSV with your other series on the year column, check for missing years before running a regression, and log-transform level variables that grow over time. If you use the series in a panel with other countries, take every country from the same source and vintage so the definitions match. Cite the original publisher, not this site, as shown below.
Values by year
| Year | Value (% per year) |
|---|---|
| 2023 | 5.22 |
| 2022 | 5.29 |
| 2021 | 5.38 |
| 2020 | 5.46 |
| 2019 | 5.52 |
| 2018 | 5.57 |
| 2017 | 5.63 |
| 2016 | 5.71 |
| 2015 | 5.80 |
| 2014 | 5.92 |
| 2013 | 6.08 |
| 2012 | 6.29 |
| 2011 | 6.51 |
| 2010 | 6.58 |
| 2009 | 6.47 |
| 2008 | 6.34 |
| 2007 | 6.12 |
| 2006 | 5.87 |
| 2005 | 5.69 |
| 2004 | 5.49 |
| 2003 | 5.24 |
| 2002 | 4.95 |
| 2001 | 4.65 |
| 2000 | 4.32 |
| 1999 | 4.05 |
| 1998 | 3.85 |
| 1997 | 3.66 |
| 1996 | 3.55 |
| 1995 | 3.54 |
| 1994 | 3.60 |
| 1993 | 3.69 |
| 1992 | 3.78 |
| 1991 | 3.84 |
| 1990 | 3.86 |
| 1989 | 3.89 |
| 1988 | 3.92 |
| 1987 | 3.91 |
| 1986 | 3.92 |
| 1985 | 3.94 |
| 1984 | 3.96 |
| 1983 | 3.99 |
| 1982 | 3.96 |
| 1981 | 3.90 |
| 1980 | 3.85 |
| 1979 | 3.83 |
| 1978 | 3.80 |
| 1977 | 3.77 |
| 1976 | 3.75 |
| 1975 | 3.74 |
| 1974 | 3.76 |
| 1973 | 3.81 |
| 1972 | 3.85 |
| 1971 | 3.91 |
| 1970 | 4.02 |
Comparison with other countries
| Country | Latest year | Value |
|---|---|---|
| Vietnam | 2023 | 5.22 |
| Thailand | 2023 | 6.96 |
| Indonesia | 2023 | 3.83 |
| Malaysia | 2023 | 5.62 |
| Philippines | 2023 | 4.64 |
| Singapore | 2023 | 5.87 |
| Cambodia | 2023 | 4.24 |
| Laos | 2023 | 4.75 |
| Myanmar | 2023 | 6.30 |
| China | 2023 | 4.93 |
How to cite (APA 7)
Feenstra, R. C., Inklaar, R., & Timmer, M. P.. (2025). Average depreciation rate of the capital stock, Vietnam [Data set]. Penn World Table version 11.0. https://www.rug.nl/ggdc/productivity/pwt/
Licence: Creative Commons Attribution 4.0 International (CC BY 4.0). Retrieved 2026-10-29. The CSV has one row per period
with the variable name pwt_delta, ready for Stata, R or SPSS.