Deposit interest rate — all countries

Deposit interest rate — Vietnam

Deposit interest rate in Vietnam in 2023 — 4.78%. Ranked 40 in the world out of 95. Since 1993, the indicator has fallen by 17.26 pp.

2023 4.78% +0.96 pp vs 2022
World rank 40of 95
Period maximum 22.04%1993
Period minimum 3.38%2021

Trend over time

1993–2023 · % per annum

Deposit interest rate — Vietnam, 1993–20230102030199319961999200220052008201120142017202020231993: 22.04%1997: 8.51%1998: 9.23%1999: 7.37%2000: 3.65%2001: 5.3%2002: 6.45%2003: 6.62%2004: 6.17%2005: 7.15%2006: 7.63%2007: 7.49%2008: 12.73%2009: 7.91%2010: 11.19%2011: 13.99%2012: 10.5%2013: 7.14%2014: 5.76%2015: 4.75%2016: 5.04%2017: 4.81%2018: 4.74%2019: 4.98%2020: 4.12%2021: 3.38%2022: 3.82%2023: 4.78%
Change over the period: −17.26 pp Annual average: -0.58 pp
Deposit interest rate — Vietnam, by year Vietnam All countries CSV XLSX
Year % Change, pp
2023 4.78 +0.96 pp
2022 3.82 +0.44 pp
2021 3.38 −0.75 pp
2020 4.12 −0.85 pp
2019 4.98 +0.24 pp
2018 4.74 −0.07 pp
2017 4.81 −0.23 pp
2016 5.04 +0.29 pp
2015 4.75 −1.01 pp
2014 5.76 −1.38 pp
2013 7.14 −3.36 pp
2012 10.5 −3.49 pp
2011 13.99 +2.8 pp
2010 11.19 +3.28 pp
2009 7.91 −4.82 pp
2008 12.73 +5.24 pp
2007 7.49 −0.14 pp
2006 7.63 +0.49 pp
2005 7.15 +0.97 pp
2004 6.17 −0.45 pp
2003 6.62 +0.17 pp
2002 6.45 +1.14 pp
2001 5.3 +1.65 pp
2000 3.65 −3.72 pp
1999 7.37 −1.86 pp
1998 9.23 +0.72 pp
1997 8.51
1993 22.04

South-Eastern Asia, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.