Key information about Pakistan External Debt

• Pakistan External Debt reached 131.1 USD bn in Dec 2024, compared with 133.7 USD bn in the previous quarter.
• Pakistan External Debt: USD mn data is updated quarterly, available from Jun 2006 to Dec 2024.
• The data reached an all-time high of 133.7 USD bn in Sep 2024 and a record low of 37.2 USD bn in Jun 2006.

Related information about Pakistan External Debt

• In the latest reports of Pakistan, Current Account recorded a surplus of 1.5 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 169.8 USD mn in Dec 2024.
• Pakistan Direct Investment Abroad fell by 9.0 USD mn in Dec 2024.
• Its Foreign Portfolio Investment fell by 213.0 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

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.

External debt stocks, total (DOD, current US$) in Pakistan was reported at 130847370987 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - External debt stocks, total (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Pakistan External Debt: % of GDP

• Pakistan External Debt accounted for 35.1 % of the country's Nominal GDP in 2024, compared with the ratio of 37.3 % in the previous year.
• Pakistan External Debt: % of Nominal GDP data is updated yearly, available from Jun 2000 to Jun 2024.
• The data reached an all-time high of 37.6 % in Jun 2020 and a record low of 21.7 % in Jun 2015.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. The State Bank of Pakistan provides External Debt in USD. The Pakistan Bureau of Statistics provides Nominal GDP in local currency. The State Bank of Pakistan average market exchange rate is used for currency conversions. External Debt as % of Nominal GDP is in annual frequency, ending in June of each year.


Related information about Pakistan External Debt: % of GDP

• In the latest reports of Pakistan, Current Account recorded a deficit of 131.0 USD mn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 219.2 USD mn in Nov 2024.
• Pakistan Direct Investment Abroad expanded by 1.0 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 133.0 USD mn in Sep 2024.
• The country's External Debt reached 133,455.2 in Sep 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

External debt stocks (% of GNI) in Pakistan was reported at 39.39 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - External debt stocks (% of GNI) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Pakistan External Debt: Total External Debt per Capita data was reported at 0.001 USD mn in 2023. This records an increase from the previous number of 0.001 USD mn for 2022. Pakistan External Debt: Total External Debt per Capita data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.001 USD mn in 2021 and a record low of 0.000 USD mn in 1970. Pakistan External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

Key information about Pakistan External Debt: Short Term

• Pakistan External Debt: Short Term value stood at 3.7 USD bn in Dec 2024, compared with 3.5 USD bn in the previous quarter.
• Pakistan External Debt: Short Term data is updated quarterly, available from Jun 2006 to Dec 2024.
• The data reached an all-time high of 6.2 USD bn in Mar 2020 and a record low of 25.0 USD mn in Mar 2007.

CEIC calculates Short Term External Debt as the sum of quarterly Short Term External Debt breakdowns for Government Debt, Public Sector Enterprises Non Guaranteed Debt and Scheduled Banks Borrowing. The State Bank of Pakistan provides Short Term External Debt in USD.


Related information about Pakistan External Debt: Short Term

• In the latest reports of Pakistan, Current Account recorded a surplus of 1.5 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 169.8 USD mn in Dec 2024.
• Pakistan Direct Investment Abroad fell by 9.0 USD mn in Dec 2024.
• Its Foreign Portfolio Investment fell by 213.0 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

Total reserves (% of total external debt) in Pakistan was reported at 10.49 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Total reserves (% of total external debt) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Pakistan recorded a Government Debt to GDP of 80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Pakistan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The ratio of national debt to gross domestic product (GDP) of Pakistan amounted to approximately 70.07 percent in 2024. Between 1994 and 2024, the ratio rose by around 11.54 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by about 9.02 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Pakistan External Debt: Short Term: % of GDP

• Pakistan External Debt: Short Term accounted for 0.9 % of the country's Nominal GDP in 2024, compared with the ratio of 0.9 % in the previous year.
• Pakistan External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2006 to 2024.
• The data reached an all-time high of 1.6 % in 2020 and a record low of 0.0 % in 2007.

CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Short Term External Debt is calculated as the sum of the Short Term External Debt breakdowns for Government Debt, Public Sector Enterprises Non Guaranteed Debt and Scheduled Banks Borrowing. The State Bank of Pakistan provides Short Term External Debt in USD. The Pakistan Bureau of Statistics provides Nominal GDP in local currency. The State Bank of Pakistan average market exchange rate is used for currency conversions. Short Term External Debt as % of Nominal GDP is in annual frequency, ending in June of each year.


Related information about Pakistan External Debt: Short Term: % of GDP

• In the latest reports of Pakistan, Current Account recorded a deficit of 131.0 USD mn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 219.2 USD mn in Nov 2024.
• Pakistan Direct Investment Abroad expanded by 1.0 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 133.0 USD mn in Sep 2024.
• Pakistan External Debt: Short Term value stood at 3.5 USD bn in Jun 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

Debt service on external debt, total (TDS, current US$) in Pakistan was reported at 16008919940 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Debt service on external debt, total (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Pakistan PK: External Debt: NFL: GG: Official Creditors data was reported at 2.955 USD bn in 2023. This records an increase from the previous number of 2.207 USD bn for 2022. Pakistan PK: External Debt: NFL: GG: Official Creditors data is updated yearly, averaging 839.754 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 5.413 USD bn in 2019 and a record low of -574.055 USD mn in 2004. Pakistan PK: External Debt: NFL: GG: Official Creditors data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.IDS: External Debt: Net Flows and Net Transfers: Annual. General government debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.

Pakistan External Debt: INT: CB: Bilateral Concessional data was reported at 165.790 USD mn in 2023. This records a decrease from the previous number of 201.783 USD mn for 2022. Pakistan External Debt: INT: CB: Bilateral Concessional data is updated yearly, averaging 134.027 USD mn from Dec 2018 (Median) to 2023, with 6 observations. The data reached an all-time high of 201.783 USD mn in 2022 and a record low of 69.951 USD mn in 2018. Pakistan External Debt: INT: CB: Bilateral Concessional data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.IDS: External Debt: Disbursements and Interest Payment: Annual. Central bank bilateral debt includes Central bank debt with bilateral creditors. The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. The monetary authority, normally the agency that issues currency and holds the country’s international reserves. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Interest payments are actual amounts of interest paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars

External Debt: Public: Government: ML: Naya Pakistan Certificates data was reported at 1.055 USD bn in Dec 2024. This records an increase from the previous number of 888.798 USD mn for Sep 2024. External Debt: Public: Government: ML: Naya Pakistan Certificates data is updated quarterly, averaging 795.166 USD mn from Jun 2021 (Median) to Dec 2024, with 15 observations. The data reached an all-time high of 1.423 USD bn in Mar 2022 and a record low of 534.333 USD mn in Jun 2023. External Debt: Public: Government: ML: Naya Pakistan Certificates data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.JB014: External Debt.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) in Pakistan was reported at 92990124743 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

External debt stocks, short-term (DOD, current US$) in Pakistan was reported at 8878336000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - External debt stocks, short-term (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

External debt stocks, long-term (DOD, current US$) in Pakistan was reported at 110436967743 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - External debt stocks, long-term (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in Pakistan was reported at 11836233828 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in Pakistan was reported at 17446843000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - External debt stocks, private nonguaranteed (PNG) (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.