Data · Finance & banking
Lending interest rate (%): Vietnam, 1993–2023
- Latest (2023)
- 9.32 %
- Source
- World Bank
- Code
- FR.INR.LEND
- Frequency
- Yearly
Definition
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.
What the series shows
The series runs from 1993 to 2023 (29 years of data). It moved from 32.18 to 9.32 %, a change of -71.0%. The highest value was 32.18 in 1993 and the lowest 6.96 in 2016. The comparison below sets Vietnam against 8 neighbouring economies on the latest available year.
Using it in a thesis
Indicators like this one are typical control or explanatory variables in macro and finance theses: merge the CSV with your other series on the year column, check for missing years before running a regression, and log-transform level variables that grow over time. If you use the series in a panel with other countries, take every country from the same source and vintage so the definitions match. Cite the original publisher, not this site, as shown below.
Values by year
| Year | Value (%) |
|---|---|
| 2023 | 9.32 |
| 2022 | 8.01 |
| 2021 | 7.81 |
| 2020 | 7.65 |
| 2019 | 7.71 |
| 2018 | 7.37 |
| 2017 | 7.07 |
| 2016 | 6.96 |
| 2015 | 7.12 |
| 2014 | 8.67 |
| 2013 | 10.37 |
| 2012 | 13.47 |
| 2011 | 16.95 |
| 2010 | 13.14 |
| 2009 | 10.07 |
| 2008 | 15.78 |
| 2007 | 11.18 |
| 2006 | 11.18 |
| 2005 | 11.03 |
| 2004 | 9.72 |
| 2003 | 9.48 |
| 2002 | 9.06 |
| 2001 | 9.42 |
| 2000 | 10.55 |
| 1999 | 12.70 |
| 1998 | 14.40 |
| 1997 | 14.42 |
| 1996 | 20.10 |
| 1993 | 32.18 |
Comparison with other countries
| Country | Latest year | Value |
|---|---|---|
| Vietnam | 2023 | 9.32 |
| Thailand | 2025 | 4.99 |
| Indonesia | 2025 | 8.50 |
| Malaysia | 2025 | 4.82 |
| Philippines | 2019 | 7.10 |
| Singapore | 2021 | 5.25 |
| Laos | 2010 | 22.61 |
| Myanmar | 2020 | 14.83 |
| China | 2024 | 4.35 |
How to cite (APA 7)
World Bank. (2026). Lending interest rate (%), Vietnam [Data set]. World Development Indicators. https://data.worldbank.org/indicator/FR.INR.LEND?locations=VN
Licence: Creative Commons Attribution 4.0 International (CC BY 4.0). Retrieved 2026-11-02. The CSV has one row per period
with the variable name fr_inr_lend, ready for Stata, R or SPSS.