Real interest rate in Vietnam
Vietnam: Real interest rate was 7.0% in 2023. ◆ Volatile
Real interest rate in Vietnam, 1993–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2023, real interest rate in Vietnam stood at 7.0%.
That represents a change of up 104.9% on the previous year and up 15.1% over ten years.
Over the whole period, real interest rate in Vietnam peaked at 12.6% in 1993 and was at its lowest, -20.5%, in 2010.
That places Vietnam 50th out of 148 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.4% | 5.1% | 12.6% | 5 |
| 2000s | 1.6% | -6.6% | 6.9% | 10 |
| 2010s | 1.6% | -20.5% | 9.0% | 10 |
| 2020s | 5.3% | 3.4% | 7.0% | 4 |
Countries ranked near Vietnam
More financial sector data for Vietnam
- Domestic credit to private sector 125.0% (2022)
- Net domestic credit 12,108.30 trillion current LCU (2022)
- Total reserves in months of imports 2.37 (2024)
- Net foreign assets -534.88 billion current LCU (2023)
- Domestic credit to private sector by banks 125.0% (2022)
- Claims on central government, etc. 0.9% (2022)
- Monetary Sector credit to private sector 125.0% (2022)
- Broad money 136.3% (2022)
- Official exchange rate 24,165 LCU per US$, period average (2024)
- Net migration -48,171 (2025)
Frequently asked questions
- What is real interest rate in Vietnam?
- Real interest rate in Vietnam was 7.0% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Vietnam?
- The highest recorded value was 12.6% in 1993.
- What is the lowest real interest rate recorded in Vietnam?
- The lowest recorded value was -20.5% in 2010.
- How does Vietnam rank for real interest rate?
- Vietnam ranks 50th out of 148 countries with data for 2023.
- Is real interest rate rising or falling in Vietnam?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.