Domestic credit to private sector by banks in Viet Nam
Viet Nam: Domestic credit to private sector by banks was 125.0% in 2022. ◆ Volatile
Domestic credit to private sector by banks in Viet Nam, 1992–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Viet Nam is 125.0%, measured in 2022. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 0.5% on the previous year and up 65.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Viet Nam peaked at 125.0% in 2022 and was at its lowest, 13.7%, in 1992.
That places Viet Nam 11th out of 187 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Viet Nam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 13.7% | — |
| 1993 | 16.5% | +21.0% |
| 1995 | 18.5% | +11.8% |
| 1996 | 18.7% | +1.0% |
| 1997 | 19.8% | +6.3% |
| 1998 | 20.1% | +1.4% |
| 1999 | 28.2% | +40.1% |
| 2000 | 35.3% | +25.1% |
| 2001 | 39.3% | +11.4% |
| 2002 | 43.1% | +9.8% |
| 2003 | 48.4% | +12.2% |
| 2004 | 58.7% | +21.4% |
| 2005 | 60.5% | +3.0% |
| 2006 | 65.4% | +8.1% |
| 2007 | 85.6% | +31.0% |
| 2008 | 82.9% | -3.2% |
| 2009 | 103.3% | +24.7% |
| 2010 | 90.4% | -12.6% |
| 2011 | 79.9% | -11.5% |
| 2012 | 75.5% | -5.5% |
| 2013 | 77.6% | +2.7% |
| 2014 | 80.0% | +3.1% |
| 2015 | 90.4% | +13.0% |
| 2016 | 98.9% | +9.4% |
| 2017 | 104.0% | +5.2% |
| 2018 | 105.3% | +1.3% |
| 2019 | 108.0% | +2.6% |
| 2020 | 115.5% | +6.9% |
| 2021 | 124.3% | +7.6% |
| 2022 | 125.0% | +0.5% |
Viet Nam compared with similar countries
- Viet Nam's 125.0% is above the median for upper middle income countries, which is 39.8%, 3.1× the median. (55 countries reporting)
- Viet Nam's 125.0% is above the median for East Asia & Pacific, which is 65.2%, 1.9× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.4% | 13.7% | 28.2% | 7 |
| 2000s | 62.2% | 35.3% | 103.3% | 10 |
| 2010s | 91.0% | 75.5% | 108.0% | 10 |
| 2020s | 121.6% | 115.5% | 125.0% | 3 |
Countries ranked near Viet Nam
More financial sector data for Viet Nam
- 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 domestic credit to private sector by banks in Viet Nam?
- Domestic credit to private sector by banks in Viet Nam was 125.0% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Viet Nam?
- The highest recorded value was 125.0% in 2022.
- What is the lowest domestic credit to private sector by banks recorded in Viet Nam?
- The lowest recorded value was 13.7% in 1992.
- How does Viet Nam rank for domestic credit to private sector by banks?
- Viet Nam ranks 11th out of 187 countries with data for 2022.
- Is domestic credit to private sector by banks rising or falling in Viet Nam?
- Over the last ten years it is up 65.4%. 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 Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.