Domestic credit to private sector in Viet Nam
Viet Nam: Domestic credit to private sector was 125.0% in 2022. ◆ Volatile
Domestic credit to private sector in Viet Nam, 1992–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Viet Nam recorded 125.0% for domestic credit to private sector in 2022. That is the highest value across all 30 years on record.
That represents a change of up 0.5% on the previous year and up 65.4% over ten years.
Over the whole period, domestic credit to private sector in Viet Nam peaked at 125.0% in 2022 and was at its lowest, 13.7%, in 1992.
Viet Nam ranks 14th of 187 countries on this measure, 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 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 44.9%, 2.8× the median. (55 countries reporting)
- Viet Nam's 125.0% is above the median for East Asia & Pacific, which is 91.3%, 1.4× 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 in Viet Nam?
- Domestic credit to private sector 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 recorded in Viet Nam?
- The highest recorded value was 125.0% in 2022.
- What is the lowest domestic credit to private sector recorded in Viet Nam?
- The lowest recorded value was 13.7% in 1992.
- How does Viet Nam rank for domestic credit to private sector?
- Viet Nam ranks 14th out of 187 countries with data for 2022.
- Is domestic credit to private sector 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.