Viet Nam's public private partnerships investment in energy (current US$) was US$1.64 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 8.38% from US$1.79 billion in 2014 (0.87% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.64 billion | 2024 |
| Five years earlier | US$3.18 billion | 2019 |
| Ten years earlier | US$1.79 billion | 2014 |
| Highest | US$3.91 billion | 2021 |
| Lowest | US$11.6 million | 2005 |
| Average since 2016 | US$2.21 billion | 2016–2024 |
| First recorded | US$205 million |
What the numbers say
In 2024, Viet Nam's public private partnerships investment in energy (current US$) rose 1,635.4% on 2023 (from US$94.5 million to US$1.64 billion).
Across the 15 yearly changes before that (1997 to 2023), the average change was +220.8% and a typical year strayed about 559.6% from that (the standard deviation). This year's change was 2.5 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 1,946% in 2002 and the biggest yearly fall was 96.2% in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2024 there is no clear straight-line trend: a straight line explains 1% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Viet Nam had the 8th highest value of the 26 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Viet Nam | US$1.64 billion | 2024 |
| East Asia & Pacific | US$44.55 billion | 2024 |
| Upper middle income | US$58.19 billion | 2024 |
Closest to Viet Nam in the 2024 ranking
- Thailand — 5th of 26: US$1.86 billion
- South Africa — 6th of 26: US$1.79 billion
- Türkiye — 7th of 26: US$1.7 billion
- Peru — 9th of 26: US$1.24 billion
- Mozambique — 10th of 26: US$720 million
- Senegal — 11th of 26: US$585.7 million
What this measures
The Private Participation In Infrastructure (PPI) Database records contractual arrangements for public infrastructure projects in low- and middle-income countries (as classified by the World Bank) that have reached financial closure, in which private parties assume operating risk. Public private partnerships in energy refers to commitments to infrastructure projects in energy (electricity and natural gas: generation, transmission, and distribution) that have reached financial closure and directly or indirectly serve the public. The types of projects included are management and lease contracts, brownfield projects, and greenfield projects (in which a private entity or a public-private joint venture builds and operates a new facility). Divestitures and merchant projects are excluded. Investments are classified as one of two types: (1) Investments in physical assets: resources the project company commits to invest in expanding and modernizing facilities and (2) Payments to the government: to acquire state-owned enterprises or rights to provide services in a specific area or to use radio spectrum. Data is presented based on investment year. Data are in current U.S. dollars.
Limitations: The data on investment in infrastructure projects with private participation refer to all investment commitments (public and private) in projects in which a private company assumes operating risk during the operating period or development and operating risk during the contract period. Investment refers to commitments not disbursements. Foreign state-owned companies are considered private entities for the purposes of this measure. Movable assets and small projects are excluded.
Regional and income-group figures are computed by the World Bank as a sum.
All 23 values
| Year | Public private partnerships investment in energy (current US$) |
|---|---|
| 2024 | 1,640,000,000 |
| 2023 | 94,500,000 |
| 2022 | 2,487,160,000 |
| 2021 | 3,913,000,000 |
| 2020 | 2,302,310,000 |
| 2019 | 3,180,480,000 |
| 2018 | 3,645,700,000 |
| 2017 | 2,400,000,000 |
| 2016 | 200,000,000 |
| 2015 | no data |
Public private partnerships investment in energy (current US$) in nearby economies
More private sector & trade data for Viet Nam
- Merchandise imports (current US$) — US$453.78 billion (2025)
- Merchandise exports (current US$) — US$472.93 billion (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 48.05% (2023)
- Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0% (2023)
- Merchandise imports by the reporting economy (current US$) — US$318.47 billion (2023)
- Merchandise exports to high-income economies (% of total merchandise exports) — 66.93% (2023)
- Merchandise exports by the reporting economy, residual (% of total merchandise exports) — 0% (2023)
- Merchandise exports by the reporting economy (current US$)
Reading data like this
Questions people ask
- What is Viet Nam's public private partnerships investment in energy (current US$)?
- US$1.64 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is up 700% from US$205 million in 1996 (7.71% a year on average, compounded). The highest value was US$3.91 billion in 2021 and the lowest US$11.6 million in 2005.
- How does Viet Nam rank?
- 8th highest of 26 economies with data for 2024.
- Is the latest change in public private partnerships investment in energy (current US$) unusual for Viet Nam?
- In 2024, Viet Nam's public private partnerships investment in energy (current US$) rose 1,635.4% on 2023 (from US$94.5 million to US$1.64 billion). Across the 15 yearly changes before that (1997 to 2023), the average change was +220.8% and a typical year strayed about 559.6% from that (the standard deviation). This year's change was 2.5 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator IE.PPN.ENGY.CD, licensed CC BY 4.0. Original source: Private Participation in Infrastructure Project Database, World Bank (WB), uri: https://ppi.worldbank.org/en/ppidata Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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