Private credit by deposit money banks to GDP in Viet Nam

Viet Nam: Private credit by deposit money banks to GDP was 125.0% in 2021. ◆ Volatile

Latest (2021)
125.0%
Change on year
down 15.4%
World rank
16th
of 187 countries
All-time high
147.7%
in 2020
All-time low
13.7%
in 1992
Years of data
29
1992–2021

Private credit by deposit money banks to GDP in Viet Nam, 1992–2021

0501001501992200620211992: 13.7 %1993: 16.5 %1995: 18.5 %1996: 18.7 %1997: 19.8 %1998: 20.1 %1999: 28.2 %2000: 35.3 %2001: 39.3 %2002: 43.1 %2003: 48.4 %2004: 58.7 %2005: 60.5 %2006: 65.5 %2007: 85.6 %2008: 82.7 %2009: 103.3 %2010: 114.8 %2011: 101.8 %2012: 94.8 %2013: 96.9 %2014: 100.3 %2015: 111.9 %2016: 124 %2017: 130.5 %2018: 133.2 %2019: 137.9 %2020: 147.7 %2021: 125 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, private credit by deposit money banks to gdp in Viet Nam stood at 125.0%.

That represents a change of down 15.4% on the previous year and up 22.8% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Viet Nam peaked at 147.7% in 2020 and was at its lowest, 13.7%, in 1992.

That places Viet Nam 16th out of 187 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Private credit by deposit money banks to GDP in Viet Nam, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Viet Nam, 1992 to 2021.
Year % 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 65.5% +8.3%
2007 85.6% +30.8%
2008 82.7% -3.4%
2009 103.3% +24.9%
2010 114.8% +11.1%
2011 101.8% -11.3%
2012 94.8% -6.9%
2013 96.9% +2.3%
2014 100.3% +3.4%
2015 111.9% +11.6%
2016 124.0% +10.8%
2017 130.5% +5.3%
2018 133.2% +2.0%
2019 137.9% +3.5%
2020 147.7% +7.1%
2021 125.0% -15.4%

Viet Nam compared with similar countries

  • Viet Nam's 125.0% is above the median for upper middle income countries, which is 49.7%, 2.5× the median. (55 countries reporting)
  • Viet Nam's 125.0% is above the median for East Asia & Pacific, which is 71.8%, 1.7× the median. (26 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 19.4% 13.7% 28.2% 7
2000s 62.2% 35.3% 103.3% 10
2010s 114.6% 94.8% 137.9% 10
2020s 136.4% 125.0% 147.7% 2

Countries ranked near Viet Nam

  1. 13 Singapore 132.7% compare
  2. 14 Malaysia 127.6% compare
  3. 15 Thailand 126.8% compare
  4. 17 Canada 124.1% compare
  5. 18 Qatar 123.0% compare
  6. 19 Norway 121.3% compare

See the full ranking of 187 places →

More financial sector data for Viet Nam

All data for Viet Nam →

Frequently asked questions

What is private credit by deposit money banks to gdp in Viet Nam?
Private credit by deposit money banks to gdp in Viet Nam was 125.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks to gdp recorded in Viet Nam?
The highest recorded value was 147.7% in 2020.
What is the lowest private credit by deposit money banks to gdp recorded in Viet Nam?
The lowest recorded value was 13.7% in 1992.
How does Viet Nam rank for private credit by deposit money banks to gdp?
Viet Nam ranks 16th out of 187 countries with data for 2021.
Is private credit by deposit money banks to gdp rising or falling in Viet Nam?
Over the last ten years it is up 22.8%. 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 (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks to GDP in Viet Nam. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/viet-nam/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).