Lending interest rate in Vietnam
Vietnam: Lending interest rate was 9.3% in 2023. ▼ Falling
Lending interest rate in Vietnam, 1993–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Vietnam is 9.3%, measured in 2023.
That represents a change of up 16.3% on the previous year and down 10.1% over ten years.
Over the whole period, lending interest rate in Vietnam peaked at 32.2% in 1993 and was at its lowest, 7.0%, in 2016.
That places Vietnam 65th out of 148 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.8% | 12.7% | 32.2% | 5 |
| 2000s | 10.7% | 9.1% | 15.8% | 10 |
| 2010s | 9.9% | 7.0% | 17.0% | 10 |
| 2020s | 8.2% | 7.6% | 9.3% | 4 |
Countries ranked near Vietnam
More financial sector data for Vietnam
- Net migration -48,171 (2025)
- Total reserves in months of imports 2.37 (2024)
- Net domestic credit 12,108.30 trillion current LCU (2022)
- Domestic credit to private sector by banks 125.0% (2022)
- Net foreign assets -534.88 billion current LCU (2023)
- Claims on central government, etc. 0.9% (2022)
- Monetary Sector credit to private sector 125.0% (2022)
- Domestic credit to private sector 125.0% (2022)
- Broad money 136.3% (2022)
- Official exchange rate 24,165 LCU per US$, period average (2024)
Frequently asked questions
- What is lending interest rate in Vietnam?
- Lending interest rate in Vietnam was 9.3% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Vietnam?
- The highest recorded value was 32.2% in 1993.
- What is the lowest lending interest rate recorded in Vietnam?
- The lowest recorded value was 7.0% in 2016.
- How does Vietnam rank for lending interest rate?
- Vietnam ranks 65th out of 148 countries with data for 2023.
- Is lending interest rate rising or falling in Vietnam?
- Over the last ten years it is down 10.1%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.