Refinancing Rate in Vietnam
The Refinancing Rate ended 2022 at 6.00%, higher than the 4.00% end-2021 value and lower than the value of 7.00% a decade earlier. In comparison, the average refinancing rate in the Asia-Pacific region was 3.70% at the end of 2022. For more interest rate information, visit our dedicated page.
Vietnam Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Vietnam from 2014 to 2023.
Source: Macrobond.
Vietnam Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Refinancing Rate (%, eop) | 6.00 | 4.00 | 4.00 | 6.00 | 4.50 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Vietnamese interest rate projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Vietnamese interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Vietnamese interest rate projections.
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