Bank deposits to GDP (%) in Vietnam
Vietnam: Bank deposits to GDP (%) was 23.3% in 2021. ▲ Rising
Bank deposits to GDP in Vietnam, 1992–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Vietnam recorded 23.3% for bank deposits to gdp in 2021.
The figure is down 5.9% on the previous year and up 105.9% over ten years.
Over the whole period, bank deposits to gdp in Vietnam peaked at 24.8% in 2020 and was at its lowest, 3.0%, in 1995.
That places Vietnam 158th out of 185 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Bank deposits to GDP (%) in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 3.6% | — |
| 1993 | 3.4% | -4.8% |
| 1995 | 3.0% | -12.2% |
| 1996 | 3.8% | +25.1% |
| 1997 | 4.7% | +24.7% |
| 1998 | 5.1% | +7.9% |
| 1999 | 6.8% | +34.1% |
| 2000 | 8.8% | +29.6% |
| 2001 | 9.6% | +9.1% |
| 2002 | 9.5% | -0.5% |
| 2003 | 10.8% | +13.6% |
| 2004 | 12.4% | +14.7% |
| 2005 | 12.1% | -2.4% |
| 2006 | 12.6% | +3.8% |
| 2007 | 17.2% | +36.4% |
| 2008 | 12.1% | -29.4% |
| 2009 | 15.0% | +23.9% |
| 2010 | 13.3% | -11.4% |
| 2011 | 11.3% | -14.8% |
| 2012 | 11.8% | +4.4% |
| 2013 | 13.5% | +13.9% |
| 2014 | 14.6% | +8.2% |
| 2015 | 16.4% | +12.6% |
| 2016 | 18.2% | +10.9% |
| 2017 | 19.4% | +6.6% |
| 2018 | 19.1% | -1.4% |
| 2019 | 20.4% | +6.4% |
| 2020 | 24.8% | +21.8% |
| 2021 | 23.3% | -5.9% |
Vietnam compared with similar countries
- Vietnam's 23.3% is below the median for upper middle income countries, which is 56.7%, 41% of the median. (55 countries reporting)
- Vietnam's 23.3% is below the median for East Asia & Pacific, which is 81.6%, 29% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.3% | 3.0% | 6.8% | 7 |
| 2000s | 12.0% | 8.8% | 17.2% | 10 |
| 2010s | 15.8% | 11.3% | 20.4% | 10 |
| 2020s | 24.1% | 23.3% | 24.8% | 2 |
Countries ranked near Vietnam
More financial sector data for Vietnam
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0001 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0001 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank deposits to gdp in Vietnam?
- Bank deposits to gdp in Vietnam was 23.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Vietnam?
- The highest recorded value was 24.8% in 2020.
- What is the lowest bank deposits to gdp recorded in Vietnam?
- The lowest recorded value was 3.0% in 1995.
- How does Vietnam rank for bank deposits to gdp?
- Vietnam ranks 158th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Vietnam?
- Over the last ten years it is up 105.9%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).