Domestic credit to private sector (% of GDP) (World Development) in Vietnam
Vietnam: Domestic credit to private sector (% of GDP) (World Development) was 116.7% in 2020. ◆ Volatile
Domestic credit to private sector in Vietnam, 1992–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Vietnam is 116.7%, measured in 2020. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 29.1% over ten years.
Over the whole period, domestic credit to private sector in Vietnam peaked at 116.7% in 2020 and was at its lowest, 13.7%, in 1992.
Vietnam ranks 23rd of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector (% of GDP) (World Development) in Vietnam, 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% | +3.2% |
| 2015 | 90.4% | +13.0% |
| 2016 | 98.9% | +9.4% |
| 2017 | 104.0% | +5.2% |
| 2018 | 105.8% | +1.7% |
| 2019 | 109.3% | +3.4% |
| 2020 | 116.7% | +6.7% |
Vietnam compared with similar countries
- Vietnam's 116.7% is above the median for upper middle income countries, which is 52.0%, 2.2× the median. (55 countries reporting)
- Vietnam's 116.7% is above the median for East Asia & Pacific, which is 105.2%, 1.1× 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 | 91.2% | 75.5% | 109.3% | 10 |
| 2020s | 116.7% | 116.7% | 116.7% | 1 |
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 domestic credit to private sector in Vietnam?
- Domestic credit to private sector in Vietnam was 116.7% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Vietnam?
- The highest recorded value was 116.7% in 2020.
- What is the lowest domestic credit to private sector recorded in Vietnam?
- The lowest recorded value was 13.7% in 1992.
- How does Vietnam rank for domestic credit to private sector?
- Vietnam ranks 23rd out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Vietnam?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.