Viet Nam's commercial banks and other lending (PPG + PNG) (NFL, current US$) was −US$7.24 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 217.52% from US$6.16 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$7.24 billion | 2024 |
| Five years earlier | US$4.1 billion | 2019 |
| Ten years earlier | US$6.16 billion | 2014 |
| Highest | US$6.16 billion | 2014 |
| Lowest | −US$7.24 billion | 2024 |
| Average since 2015 | US$3.35 billion | 2015–2024 |
| First recorded | −US$3.3 million |
What the numbers say
In 2024, Viet Nam's commercial banks and other lending (PPG + PNG) (NFL, current US$) fell US$7.37 billion on 2023 (from US$125.23 million to −US$7.24 billion).
Across the 29 yearly changes before that (1995 to 2023), the average change was +US$5.33 million and a typical year strayed about US$1.44 billion from that (the standard deviation). This year's change was 5.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$4.06 billion in 2014 and the biggest yearly fall was US$7.37 billion in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$914.21 million a year. A straight line explains 46% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Viet Nam had the 86th highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Viet Nam | −US$7.24 billion | 2024 |
| Upper middle income | −US$20.51 billion | 2024 |
Closest to Viet Nam in the 2024 ranking
- Papua New Guinea — 82nd of 87: −US$3.01 billion
- Türkiye — 83rd of 87: −US$3.65 billion
- Kazakhstan — 84th of 87: −US$5.63 billion
- Brazil — 86th of 87: −US$13.63 billion
- China — 87th of 87: −US$19.39 billion
What this measures
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).
Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.
Regional and income-group figures are computed by the World Bank as a sum.
All 32 values
| Year | Commercial banks and other lending (PPG + PNG) (NFL, current US$) |
|---|---|
| 2024 | -7,241,292,000 |
| 2023 | 125,232,000 |
| 2022 | 5,879,835,000 |
| 2021 | 5,288,454,000 |
| 2020 | 4,026,593,000 |
| 2019 | 4,101,000,000 |
| 2018 | 4,684,356,000 |
| 2017 | 5,385,229,000 |
| 2016 | 5,293,853,000 |
| 2015 | 5,967,019,000 |
Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies
- China — −US$19.39 billion (2024)
- Indonesia — US$3.82 billion (2024)
- Lao PDR — −US$784.74 million (2024)
- Mongolia — US$2.56 billion (2024)
- Myanmar — −US$157.16 million (2024)
- Papua New Guinea — −US$3.01 billion (2024)
- Philippines — US$985.28 million (2024)
- Thailand — −US$1.47 billion (2015)
More economic policy & debt data for Viet Nam
- Grants, excluding technical cooperation (BoP, current US$) — US$525.67 million (2023)
- Technical cooperation grants (BoP, current US$) — US$205.14 million (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$149.31 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$686.74 million (2023)
- Net official development assistance and official aid received (current US$) — US$831.19 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$831.19 million (2023)
- Net official development assistance received (current US$) — US$831.19 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Viet Nam's commercial banks and other lending (PPG + PNG) (NFL, current US$)?
- −US$7.24 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1989?
- It is down 219,466% from −US$3.3 million in 1989. The highest value was US$6.16 billion in 2014 and the lowest −US$7.24 billion in 2024.
- How does Viet Nam rank?
- 86th highest of 87 economies with data for 2024.
- Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Viet Nam?
- In 2024, Viet Nam's commercial banks and other lending (PPG + PNG) (NFL, current US$) fell US$7.37 billion on 2023 (from US$125.23 million to −US$7.24 billion). Across the 29 yearly changes before that (1995 to 2023), the average change was +US$5.33 million and a typical year strayed about US$1.44 billion from that (the standard deviation). This year's change was 5.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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