Vietnam: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 4.6 percent as of July 2024, a decline compared to the previous value of 5 percent. Historically, the average for Vietnam from April 2017 to July 2024 is 6.01 percent. The minimum of 4.6 percent was recorded in July 2024, while the maximum of 7.95 percent was reached in April 2023.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: The State bank of Vietnam
Recent values | Vietnam: Bank deposit interest rate, percent |
---|---|
2024  Jul | 4.6 |
2024  Apr | 5 |
2024  Jan | 5.9 |
2023  Nov | 6.7 |
2023  Sep | 7.3 |
2023  May | 7.95 |
2023  Apr | 7.95 |
2023  Mar | 7.85 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 3.3 | 2023 | percent |
Exchange rate regimes | 6 | 2022 | index points |
USD exchange rate | 25,049.0172 | 10/2024 | Local Currency Units per USD |
Consumer Price Index (CPI) | 116.2655 | 9/2024 | index points |
Inflation, monthly | 0.29 | 9/2024 | percent |
Inflation, annual | 2.63 | 9/2024 | percent |
Deposit interest rate | 4.60 | 7/2024 | percent |