Viet Nam Lending Rate
Lending interest rate FR.INR.LEND
Viet Nam's lending rate was 9.54% in 2025, ranked 46th globally. This represents a 2.3% increase from 2024. Data from World Bank, covering 1993–2025.
Overview
Viet Nam's lending rate stood at 9.54% in 2025, a rise of +0.22pp from 2023. Based on recent trends, this figure is projected to reach 9.54% by 2025. Viet Nam ranked 46th globally.
Vietnam’s lending rate has fallen dramatically since the early 1990s, sliding from an all‑time peak of 32.18 % in 1993 to a historic low of 6.96 % in 2016, before modestly rising to 9.54 % in 2025, placing the country 46th globally. The 30‑year decline reflects successive monetary‑policy reforms, financial‑sector liberalisation and a gradual shift toward market‑oriented interest rates. The 2025 figure remains slightly above peers such as Peru (9.44 %) and Timor‑Leste (9.28 %) and marginally below Romania (10.07 %). While the recent uptick suggests a response to tighter global financing conditions, the long‑term trajectory points toward further convergence with regional averages, provided that inflation remains subdued and the banking sector continues to deepen. Should external shocks subside and domestic credit demand rise, Vietnam’s lending rate could stabilize at a lower level, reinforcing monetary stability and supporting growth.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 9.90% | - | - |
| 2025* trend | 9.54% | - | - |
| 2025 | 9.54% | +0.22pp | #46 |
| 2023 | 9.32% | +1.31pp | #45 |
| 2022 | 8.01% | +0.20pp | #44 |
| 2021 | 7.81% | +0.16pp | #57 |
| 2020 | 7.65% | −0.06pp | #45 |
| 2019 | 7.71% | +0.34pp | #39 |
| 2018 | 7.37% | +0.30pp | #40 |
| 2017 | 7.07% | +0.11pp | #47 |
| 2016 | 6.96% | −0.16pp | #44 |
| 2015 | 7.12% | −1.55pp | #45 |
| 2014 | 8.67% | −1.71pp | #58 |
| 2013 | 10.37% | −3.10pp | #77 |
| 2012 | 13.47% | −3.48pp | #95 |
| 2011 | 16.95% | +3.82pp | #112 |
| 2010 | 13.14% | +3.07pp | #88 |
Detected Pattern
Analysis
Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's lending rate was 9.54% in 2025. Ranked 46th globally. This represents a 2.3% increase from the previous year.
Viet Nam's lending rate peaked at 32.18% in 1993.
The lowest lending rate in Viet Nam was 6.96% in 2016.
Viet Nam ranks 46th globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Viet Nam's lending rate is projected to reach 9.54% by 2025 based on trend extrapolation.
The lending rate of Viet Nam in 2025 was 9.54%. This ranks 46th in the world.
Cite this page
@misc{historysaid_viet-nam_lending-rate,
title = {Viet Nam Lending Rate},
url = {https://historysaid.com/viet-nam/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}