Viet Nam Real Interest Rate
Real interest rate FR.INR.RINR
Viet Nam's real interest rate was 5.78% in 2025, ranked 31st globally. This represents a 18.4% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Viet Nam's real interest rate stood at 5.78% in 2025, a decline of +1.30pp from 2023. Based on recent trends, this figure is projected to reach 5.78% by 2025. Viet Nam ranked 31st globally.
Viet Nam's real interest rate has experienced significant fluctuations over the past three decades, with the highest recorded rate of 12.58% in 1993 and the lowest at -20.50% in 2010. The country's real interest rate has generally trended downwards since its peak in the early 1990s, with a slight increase in recent years. As of 2025, Viet Nam's real interest rate stands at 5.78%, ranking 31st globally, closely comparable to Jordan's 5.82% and Guatemala's 5.70%. The downward trajectory is largely attributed to the country's transitioning economy and the impact of monetary policies. If Viet Nam continues to liberalize its economy and integrate with global markets, it may experience a further decline in real interest rates, potentially increasing borrowing costs and influencing investment decisions. A significant shift in monetary policy or an unexpected change in the global economic environment could alter this trajectory.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 5.89% | - | - |
| 2025* trend | 5.78% | - | - |
| 2025 | 5.78% | −1.30pp | #31 |
| 2023 | 7.08% | +3.66pp | #64 |
| 2022 | 3.42% | −1.37pp | #71 |
| 2021 | 4.79% | −1.30pp | #73 |
| 2020 | 6.09% | +0.93pp | #56 |
| 2019 | 5.16% | +1.55pp | #41 |
| 2018 | 3.61% | +1.02pp | #48 |
| 2017 | 2.59% | −2.46pp | #48 |
| 2016 | 5.05% | −3.94pp | #57 |
| 2015 | 8.99% | +4.20pp | #89 |
| 2014 | 4.79% | −1.30pp | #46 |
| 2013 | 6.09% | +2.06pp | #69 |
| 2012 | 4.03% | +7.70pp | #56 |
| 2011 | -3.67% | +16.82pp | #16 |
| 2010 | -20.50% | −24.12pp | #1 |
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 real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's real interest rate was 5.78% in 2025. Ranked 31st globally. This represents a 18.4% decrease from the previous year.
Viet Nam's real interest rate peaked at 12.58% in 1993.
The lowest real interest rate in Viet Nam was -20.50% in 2010.
Viet Nam ranks 31st globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Viet Nam's real interest rate is projected to reach 5.78% by 2025 based on trend extrapolation.
The real interest rate of Viet Nam in 2025 was 5.78%. This ranks 31st in the world.
Cite this page
@misc{historysaid_viet-nam_real-interest-rate,
title = {Viet Nam Real Interest Rate},
url = {https://historysaid.com/viet-nam/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}