The benchmark interest rate in Pakistan was last recorded at 11 percent. This dataset provides - Pakistan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending interest rate (%) in Pakistan was reported at 8.666 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Real interest rate (%) in Pakistan was reported at --1.4523 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Use of Financial Services, Mobile Banking: Value of Mobile Money Transactions (during the Reference Year) for Pakistan (PAKFCMTVXDC) from 2011 to 2023 about Pakistan, financial, services, banks, and depository institutions.

Key information about Pakistan Long Term Interest Rate

• Pakistan Long Term Interest Rate: Month End: Pakistan: Government Bond Yield: 10 Years was reported at 11.00 % pa in Jun 2023, compared with 11.00 % pa in the previous month.
• Pakistan Long Term Interest Rate data is updated monthly, available from Mar 2015 to Jun 2023.
• The data reached an all-time high of 11.00 % pa in Jun 2023 and a record low of 8.00 % pa in Oct 2022.
• Long Term Interest Rate is reported by reported by CEIC Data.

CEIC calculates monthly Long Term Interest Rate from daily 10 year Government Bond Yield based on the last business day of the month. The State Bank of Pakistan provides 10 year Government Bond Yield.


Related information about Pakistan Long Term Interest Rate

• In the latest reports, Pakistan Short Term Interest Rate: Month End: Pakistan: Interbank Rate: Karachi Average: 3 Months was reported at 22.91 % pa in Jun 2023.
• The cash rate (State Bank of Pakistan: Reverse Repo Rate) was set at 23.00 % pa in Jun 2023.
• Pakistan Exchange Rate against USD averaged 286.58 (USD/PKR) in Jun 2023.

Key information about Pakistan Short Term Interest Rate

• Pakistan Short Term Interest Rate: Month End: Pakistan: Interbank Rate: Karachi Average: 3 Months was reported at 22.91 % pa in Jun 2023, compared with 22.19 % pa in the previous month.
• Pakistan Short Term Interest Rate data is updated monthly, available from Nov 2004 to Jun 2023.
• The data reached an all-time high of 22.91 % pa in Jun 2023 and a record low of 5.24 % pa in Dec 2004.
• Short Term Interest Rate is reported by reported by CEIC Data.

CEIC calculates monthly Short Term Interest Rate from daily 3 months Interbank Rates. The State Bank of Pakistan provides 3 months Interbank Rates.


Related information about Pakistan Short Term Interest Rate

• In the latest reports, Pakistan Long Term Interest Rate: Month End: Pakistan: Government Bond Yield: 10 Years was reported at 11.00 % pa in Jun 2023.
• The cash rate (State Bank of Pakistan: Reverse Repo Rate) was set at 23.00 % pa in Jun 2023.
• Pakistan Exchange Rate against USD averaged 285.49 (USD/PKR) in May 2023.

Interest rate spread (lending rate minus deposit rate, %) in Pakistan was reported at 2.9144 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In 2018, the estimated average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year, a slight drop from 2017, but an ever sharper one compared to four years earlier. Over the next few years, forecasts estimate it to level off at around 6.5 percent.

Pakistan‘s more or less fragile economy

Pakistan is one of the most populous countries in the worldwith a large Muslim population and a rather low urbanization rate, which means that the majority of Pakistanis live in rural areas. However, the majority of the country's GDP is generated by the services sector, which also employs most of the workforce. As of now, Pakistan’s economic growth seems stable, but that wasn’t always the case.

Stable growth ahead?

Like many others, Pakistan’s economy suffered during the 2009 financial crisis, and while it has recovered today, inflation was still over 10 percent in 2012. GDP slumped during that time as well, but now, ten years later, it has almost tripled and seems to be on an upward trend. Although its GDP generation now mainly relies on services, Pakistan still exports agricultural goods like cotton. However, the country still struggles with an increasing trade deficit and thus rising national debt – two factors that could hinder economic growth in the future.

Key information about Pakistan Policy Rate

• Pakistan cash rate (State Bank of Pakistan: Reverse Repo Rate) was set at 13.00 % pa in Feb 2025, compared with 13.00 % pa in the previous Jan 2025.
• Pakistan Policy Rate averaged 12.00 % pa and is updated monthly, available from Feb 1992 to Feb 2025.
• The data reached an all-time high of 23.00 % pa in May 2024 and a record low of 6.25 % pa in Dec 2017.

Related information about Pakistan Policy Rate

• In the latest reports, Pakistan Short Term Interest Rate: Month End: Pakistan: Interbank Rate: Karachi Average: 3 Months was reported at 22.91 % pa in Jun 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: Pakistan: Government Bond Yield: 10 Years) was reported at 11.00 % pa in Jun 2023.
• Pakistan Exchange Rate against USD averaged 286.58 (USD/PKR) in Jun 2023.
• Its Real Effective Exchange Rate was 103.70 in Dec 2024.

Key information about Pakistan Total Loans

• Pakistan Total Loans was reported at 51.850 USD bn in Jan 2025
• This records a decrease from the previous number of 56.027 USD bn for Dec 2024
• Pakistan Total Loans data is updated monthly, averaging 42.223 USD bn from Sep 2007 to Jan 2025, with 209 observations
• The data reached an all-time high of 60.190 USD bn in May 2018 and a record low of 34.697 USD bn in Aug 2013
• Pakistan Total Loans data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: USD: Monthly

CEIC converts monthly Total Loans into USD. The State Bank of Pakistan provides Total Loans in local currency. The State Bank of Pakistan period end market exchange rate is used for currency conversions. Total Loans cover lenders as Scheduled Banks. Total Loans cover debtors as Resident only.

Graph and download economic data for Use of Financial Services, Mobile Banking: Value of Outstanding Balances in Active Mobile Money Accounts for Pakistan (PAKFCMAABXDC) from 2011 to 2023 about Pakistan, balance, financial, services, banks, and depository institutions.

Key information about Pakistan Exchange Rate against USD

• Pakistan Exchange Rate against USD averaged 286.584 (USD/PKR) in Jun 2023, compared with 285.486 USD/PKR in the previous month.
• Pakistan Exchange Rate against USD data is updated monthly, available from Jan 1957 to Jun 2023.
• The data reached an all-time high of 286.584 in Jun 2023 and a record low of 4.770 in Apr 1972.

State Bank of Pakistan provides monthly average Exchange Rate against USD.


Key information about Pakistan Exchange Rate against USD

• In the latest reports, Pakistan Short Term Interest Rate: Month End: Pakistan: Interbank Rate: Karachi Average: 3 Months was reported at 22.910 % pa in Jun 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: Pakistan: Government Bond Yield: 10 Years) was reported at 11.000 % pa in Jun 2023.
• The cash rate (State Bank of Pakistan: Reverse Repo Rate) was set at 23.000 % pa in Jun 2023.

Key information about Pakistan Non Performing Loans Ratio

• Pakistan Non Performing Loans Ratio stood at 8.4 % in Sep 2024, compared with the ratio of 7.6 % in the previous quarter
• Pakistan Non Performing Loans Ratio data is updated quarterly, available from Mar 2006 to Sep 2024
• The data reached an all-time high of 16.7 % in Sep 2011 and a record low of 6.9 % in Dec 2006

The State Bank of Pakistan provides quarterly Non Performing Loans Ratio. Non Performing Loans are defined as loans and advances whose mark-up/interest or principal is overdue by 90 days or more from the due date

As of December 30, 2024, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ***** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United States had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

Key information about Pakistan Real Effective Exchange Rate

• Pakistan Real Effective Exchange Rate (REER: 2010=100: Month Avg: Pakistan) was 104.0 in Jan 2025, compared with the number of 103.7 in the previous month.
• Pakistan Real Effective Exchange Rate data is updated monthly and averaged 123.7 from Jan 2013 to Jan 2025.
• The data reached an all-time high of 123.7 in Apr 2017 and a record low of 85.6 in Apr 2023.

The State Bank of Pakistan provides Real Effective Exchange Rate Index with base 2010=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy. Weights are calculated by the IMF on the basis of 2016-18 trade patterns in the global economy. Due to lack of historical data, the indicator cannot be recalculated with base 2005=100.


Related information about Pakistan Real Effective Exchange Rate

• In the latest reports, Pakistan Short Term Interest Rate: Month End: Pakistan: Interbank Rate: Karachi Average: 3 Months was reported at 22.9 % pa in Jun 2023.
• The cash rate (State Bank of Pakistan: Reverse Repo Rate) was set at 13.0 % pa in Feb 2025.
• Pakistan Exchange Rate against USD averaged 286.6 (USD/PKR) in Jun 2023.

Deposit interest rate (%) in Pakistan was reported at 5.7515 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Risk premium on lending (lending rate minus treasury bill rate, %) in Pakistan was reported at 1.0799 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Risk premium on lending (prime rate minus treasury bill rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

External Debt in Pakistan decreased to 130310 USD Million in the first quarter of 2025 from 130921 USD Million in the fourth quarter of 2024. This dataset provides - Pakistan External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.