Financial Development Index in Vietnam
Vietnam: Financial Development Index was 0.3887 in 2020. β Volatile
Financial Development Index in Vietnam, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Vietnam stood at 0.3887.
The figure is up 8.2% on the previous year and down 14.5% over ten years.
Over the whole period, financial development index in Vietnam peaked at 0.4545 in 2010 and was at its lowest, 0, in 1980.
Vietnam ranks 56th of 183 countries on this measure, 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 |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.2273 | 0 | 0.3132 | 10 |
| 2000s | 0.3558 | 0.2883 | 0.4464 | 10 |
| 2010s | 0.3769 | 0.3233 | 0.4545 | 10 |
| 2020s | 0.3887 | 0.3887 | 0.3887 | 1 |
Countries ranked near Vietnam
More financial sector data for Vietnam
- Net domestic credit (current LCU), per capita 121.47 million current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 29,286 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 11.41 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 0 SDR (2019)
- Gold reserves at market value 0 SDR (2019)
- Reserves excluding gold, foreign exchange 61.06 billion SDR (2025)
- Reserves excluding gold 62.49 billion SDR (2025)
- Total reserves (gold at market value) 62.49 billion SDR (2025)
- Total reserves (gold at national valuation) 63.49 billion SDR (2025)
- Domestic credit to private sector by banks 125.0% (2022)
Frequently asked questions
- What is financial development index in Vietnam?
- Financial development index in Vietnam was 0.3887 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Vietnam?
- The highest recorded value was 0.4545 in 2010.
- What is the lowest financial development index recorded in Vietnam?
- The lowest recorded value was 0 in 1980.
- How does Vietnam rank for financial development index?
- Vietnam ranks 56th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Vietnam?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.