Deposit interest rate in Viet Nam
Viet Nam: Deposit interest rate was 4.8% in 2023. β Volatile
Deposit interest rate in Viet Nam, 1993β2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2023, deposit interest rate in Viet Nam stood at 4.8%.
The figure is up 25.2% on the previous year and down 33.0% over ten years.
Over the whole period, deposit interest rate in Viet Nam peaked at 22.0% in 1993 and was at its lowest, 3.4%, in 2021.
That places Viet Nam 65th out of 152 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 | 11.8% | 7.4% | 22.0% | 4 |
| 2000s | 7.1% | 3.7% | 12.7% | 10 |
| 2010s | 7.3% | 4.7% | 14.0% | 10 |
| 2020s | 4.0% | 3.4% | 4.8% | 4 |
Countries ranked near Viet Nam
More financial sector data for Viet Nam
- Domestic credit to private sector by banks 125.0% (2022)
- Total reserves in months of imports 2.37 (2024)
- Net domestic credit 12,108.30 trillion current LCU (2022)
- Net foreign assets -534.88 billion current LCU (2023)
- Monetary Sector credit to private sector 125.0% (2022)
- Broad money 136.3% (2022)
- Claims on central government, etc. 0.9% (2022)
- Domestic credit to private sector 125.0% (2022)
- Official exchange rate 24,165 LCU per US$, period average (2024)
- Net migration -48,171 (2025)
Frequently asked questions
- What is deposit interest rate in Viet Nam?
- Deposit interest rate in Viet Nam was 4.8% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Viet Nam?
- The highest recorded value was 22.0% in 1993.
- What is the lowest deposit interest rate recorded in Viet Nam?
- The lowest recorded value was 3.4% in 2021.
- How does Viet Nam rank for deposit interest rate?
- Viet Nam ranks 65th out of 152 countries with data for 2023.
- Is deposit interest rate rising or falling in Viet Nam?
- Over the last ten years it is down 33.0%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (aΓ·b)*100.