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.

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.

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.

The national debt of Pakistan stood at about ************** U.S. dollars in 2024. Between 1994 and 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

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.

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.

Pakistan External Debt: NFL: CB: Bilateral Concessional data was reported at 463.200 USD mn in 2021. This records a decrease from the previous number of 1.000 USD bn for 2020. Pakistan External Debt: NFL: CB: Bilateral Concessional data is updated yearly, averaging 292.373 USD mn from Dec 2018 (Median) to 2021, with 4 observations. The data reached an all-time high of 1.000 USD bn in 2020 and a record low of 108.797 USD mn in 2019. Pakistan External Debt: NFL: 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: Net Flows and Net Transfers: 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. 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: DIS: CB: Bilateral Concessional data was reported at 463.200 USD mn in 2021. This records a decrease from the previous number of 1.000 USD bn for 2020. Pakistan External Debt: DIS: CB: Bilateral Concessional data is updated yearly, averaging 292.373 USD mn from Dec 2018 (Median) to 2021, with 4 observations. The data reached an all-time high of 1.000 USD bn in 2020 and a record low of 108.797 USD mn in 2019. Pakistan External Debt: DIS: 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. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars.

Pakistan PK: External Debt: DIS: PS: Bonds data was reported at 1.000 USD bn in 2022. This records a decrease from the previous number of 4.000 USD bn for 2021. Pakistan PK: External Debt: DIS: PS: Bonds data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 4.000 USD bn in 2021 and a record low of 0.000 USD mn in 2020. Pakistan PK: External Debt: DIS: PS: Bonds 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. Public sector debt from bonds that are either publicly issued or privately placed. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars.

Foreign Exchange Reserves in Pakistan increased to 19607 USD Million in July from 19269.80 USD Million in June of 2025. This dataset provides the latest reported value for - Pakistan Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Pakistan External Debt: NTR: CB: Bilateral Concessional data was reported at -165.790 USD mn in 2023. This records an increase from the previous number of -201.783 USD mn for 2022. Pakistan External Debt: NTR: CB: Bilateral Concessional data is updated yearly, averaging 43.876 USD mn from Dec 2018 (Median) to 2023, with 6 observations. The data reached an all-time high of 897.736 USD mn in 2020 and a record low of -201.783 USD mn in 2022. Pakistan External Debt: NTR: 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: Net Flows and Net Transfers: 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. Net transfers on external debt are net flows minus interest payments during the year; negative transfers show net transfers made by the borrower to the creditor during the year. Data are in current U.S. dollars.

Pakistan PK: External Debt: NFL: Public and Publicly Guaranteed (PPG): Bilateral Concessional data was reported at -411.968 USD mn in 2023. This records a decrease from the previous number of -386.802 USD mn for 2022. Pakistan PK: External Debt: NFL: Public and Publicly Guaranteed (PPG): Bilateral Concessional data is updated yearly, averaging 59.025 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 986.895 USD mn in 2020 and a record low of -411.968 USD mn in 2023. Pakistan PK: External Debt: NFL: Public and Publicly Guaranteed (PPG): 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: Net Flows and Net Transfers: Annual. Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. 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. 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 PK: External Debt: DIS: PS: Multilateral data was reported at 4.073 USD bn in 2023. This records a decrease from the previous number of 4.523 USD bn for 2022. Pakistan PK: External Debt: DIS: PS: Multilateral data is updated yearly, averaging 1.183 USD bn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 4.884 USD bn in 2020 and a record low of 37.643 USD mn in 1972. Pakistan PK: External Debt: DIS: PS: Multilateral 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. Public sector multilateral loans 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. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars.

Pakistan PK: External Debt: NTR: PPG: Bilateral Concessional data was reported at -676.957 USD mn in 2023. This records an increase from the previous number of -700.725 USD mn for 2022. Pakistan PK: External Debt: NTR: PPG: Bilateral Concessional data is updated yearly, averaging 14.768 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 873.160 USD mn in 2020 and a record low of -700.725 USD mn in 2022. Pakistan PK: External Debt: NTR: PPG: 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: Net Flows and Net Transfers: Annual. Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. 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. Net transfers are net flows minus interest payments during the year; negative transfers show net transfers made by the borrower to the creditor during the year. Data are in current U.S. dollars.

Foreign Exchange Reserves in Bangladesh decreased to 29799.80 USD Million in July from 31772 USD Million in June of 2025. This dataset provides - Bangladesh Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Pakistan PK: External Debt: DOD: PPG: Bilateral Concessional data was reported at 9.809 USD bn in 2023. This records a decrease from the previous number of 10.550 USD bn for 2022. Pakistan PK: External Debt: DOD: PPG: Bilateral Concessional data is updated yearly, averaging 2.483 USD bn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 12.829 USD bn in 2020 and a record low of 1.146 USD bn in 1970. Pakistan PK: External Debt: DOD: PPG: 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: Debt Outstanding, Debt Ratio and Debt Service: Annual. Public and publicly guaranteed bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. 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. Data are in current U.S. dollars.

Pakistan External Debt: DIS: CB: Commerical Banks data was reported at 0.055 USD mn in 2022. This records a decrease from the previous number of 463.200 USD mn for 2021. Pakistan External Debt: DIS: CB: Commerical Banks data is updated yearly, averaging 121.547 USD mn from Dec 2018 (Median) to 2022, with 5 observations. The data reached an all-time high of 1.000 USD bn in 2020 and a record low of 0.055 USD mn in 2022. Pakistan External Debt: DIS: CB: Commerical Banks 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 commercial banks. 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. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars.

Lithuania LT: Foreign Direct Investment Financial Flows: Inward: USD: Total: Pakistan data was reported at 0.210 USD mn in 2022. This records an increase from the previous number of 0.046 USD mn for 2020. Lithuania LT: Foreign Direct Investment Financial Flows: Inward: USD: Total: Pakistan data is updated yearly, averaging 0.011 USD mn from Dec 2005 (Median) to 2022, with 13 observations. The data reached an all-time high of 0.210 USD mn in 2022 and a record low of 0.000 USD mn in 2010. Lithuania LT: Foreign Direct Investment Financial Flows: Inward: USD: Total: Pakistan data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Lithuania – Table LT.OECD.FDI: Foreign Direct Investment Financial Flows: USD: by Region and Country: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market and Nominal values. .; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Inward FDI positions according to the ultimate counterparty (the ultimate investing country) are also available and publishable. In the dataset 'FDI statistics by parner country and by industry - Summary', inward FDI positions are showed according to the UIC. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the non resident direct investment enterprise. Outward FDI positions are allocated according to the activity of the non resident direct investment enterprise. Statistical unit: Enterprise.

Denmark Foreign Direct Investment Income: Inward: USD: Total: Pakistan data was reported at 0.000 USD mn in 2023. This stayed constant from the previous number of 0.000 USD mn for 2022. Denmark Foreign Direct Investment Income: Inward: USD: Total: Pakistan data is updated yearly, averaging 0.000 USD mn from Dec 2020 (Median) to 2023, with 4 observations. The data reached an all-time high of 0.000 USD mn in 2023 and a record low of 0.000 USD mn in 2023. Denmark Foreign Direct Investment Income: Inward: USD: Total: Pakistan data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Denmark – Table DK.OECD.FDI: Foreign Direct Investment Income: USD: by Region and Country: OECD Member: Annual. Reverse investment:Reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) is treated as portfolio investment. Netting of reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series excluding resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value, Own funds at book value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value, Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Inward FDI positions according to the ultimate counterparty (the ultimate investing country) are also available and publishable. In the dataset 'FDI statistics by parner country and by industry - Summary', inward FDI positions are showed according to the immediate counterpart country. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Direct Influence/Indirect Control (DIIC) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. Non-profit institutions serving households are covered as direct investors. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the resident direct investment enterprise. Outward FDI positions are allocated according to the activity of the resident direct investment enterprise. Statistical unit:Enterprise and Local Enterprise Group combined. Respondents have the opportunity to choose between reporting for one enterprise only or reporting for several enterprises within the same group