Pakistan Domestic Credit Growth

2009 - 2026 | Monthly | % | CEIC Data

Key information about Pakistan Domestic Credit Growth

  • Pakistan Domestic Credit increased 11.7 % YoY in Jan 2026, compared with an increase of 11.3 % YoY in the previous month
  • Pakistan Domestic Credit Growth YoY data is updated monthly
  • It averaged 16.2 %, available from Jun 2009 to Jan 2026
  • The data reached an all-time high of 27.6 % in Feb 2023 and a record low of 3.6 % in Aug 2025

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The State Bank of Pakistan provides Domestic Credit in local currency. Net Claims on General Government is used

View Pakistan's Domestic Credit Growth from Jun 2009 to Jan 2026 in the chart:

Pakistan Domestic Credit Growth

What was Pakistan's Domestic Credit Growth in Jan 2026?

Pakistan Domestic Credit increased 11.7 % YoY in Jan 2026, compared with an increase of 11.3 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
11.7 Jan 2026 11.3 Dec 2025 3.6 Aug 2025 27.6 Feb 2023 % monthly Jun 2009 - Jan 2026

Domestic Credit Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 8.1 Jan 2026 monthly Dec 2003 - Jan 2026
Algeria (%) 15.8 Dec 2025 monthly Dec 2002 - Dec 2025
Argentina (%) 59.0 Dec 2025 monthly Jan 1991 - Dec 2025
Armenia (%) 17.7 Dec 2025 monthly Dec 1994 - Dec 2025
Australia (%) 3.7 Dec 2025 monthly Dec 2002 - Dec 2025
Austria (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Azerbaijan (%) 5.4 Dec 2025 monthly Dec 2002 - Dec 2025
Bahrain (%) 10.3 Jan 2026 monthly Sep 1992 - Jan 2026
Bangladesh (%) 10.9 Dec 2025 monthly Jul 1988 - Dec 2025
Belarus (%) 10.6 Jan 2026 monthly Dec 2007 - Jan 2026
Belgium (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Bolivia (%) 10.5 Nov 2025 monthly Dec 2002 - Nov 2025
Bosnia and Herzegovina (%) 13.8 Jan 2026 monthly Aug 1998 - Jan 2026
Botswana (%) 9.6 Sep 2025 quarterly Dec 2005 - Sep 2025
Brazil (%) 10.9 Jan 2026 monthly Dec 2002 - Jan 2026
Brunei (%) 4.7 Dec 2024 monthly Jan 2000 - Dec 2024
Bulgaria (%) 12.8 Dec 2025 monthly Dec 1994 - Dec 2025
Cambodia (%) 5.6 Dec 2025 monthly Dec 1995 - Dec 2025
Canada (%) 4.6 Dec 2025 monthly Jan 1970 - Dec 2025
Chile (%) 4.6 Nov 2025 monthly Dec 1979 - Nov 2025
China (%) 7.9 Jan 2026 monthly Jun 2000 - Jan 2026
Colombia (%) 11.1 Nov 2025 monthly Dec 1992 - Nov 2025
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) 2.2 Dec 2025 monthly Nov 2006 - Dec 2025
Czech Republic (%) 8.0 Nov 2025 monthly Jan 2003 - Nov 2025
Denmark (%) -11.6 May 2025 monthly Dec 2002 - May 2025
Ecuador (%) 8.5 Jan 2026 monthly Jan 2007 - Jan 2026
Egypt (%) 21.7 Dec 2025 monthly Jan 1997 - Dec 2025
Estonia (%) -100.0 May 2025 monthly Jun 1993 - May 2025
European Union (%) 0.5 May 2025 monthly Sep 1998 - May 2025
Finland (%) -100.0 May 2025 monthly Jan 2000 - May 2025
France (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Georgia (%) 10.7 Jan 2026 monthly Oct 1996 - Jan 2026
Germany (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Ghana (%) -9.1 May 2025 monthly Jan 1968 - May 2025
Greece (%) -100.0 May 2025 monthly Jan 2002 - May 2025
Hong Kong SAR, China (%) 3.1 Oct 2025 monthly Dec 1991 - Oct 2025
Hungary (%) 8.3 Dec 2025 monthly Jan 1999 - Dec 2025
Iceland (%) 7.8 Feb 2025 monthly Sep 1994 - Feb 2025
India (%) 12.8 Dec 2025 monthly Mar 2000 - Dec 2025
Indonesia (%) 11.2 Jan 2026 monthly Jan 2005 - Jan 2026
Iran (%) 26.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Israel (%) 12.1 Nov 2025 monthly Dec 2000 - Nov 2025
Italy (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Ivory Coast (%) 10.9 Nov 2025 monthly Jan 1965 - Nov 2025
Japan (%) -0.2 Dec 2025 monthly Apr 2004 - Dec 2025
Jordan (%) 3.0 Dec 2023 monthly Jan 2003 - Dec 2023
Kazakhstan (%) 14.7 Jan 2026 monthly Dec 2002 - Jan 2026
Kenya (%) 8.0 Jul 2025 monthly Dec 1996 - Jul 2025
South Korea (%) 4.9 Dec 2025 monthly Dec 2002 - Dec 2025
Kosovo (%) 15.6 Jan 2026 monthly Nov 2008 - Jan 2026
Kuwait (%) 17.5 Dec 2025 monthly Jan 1995 - Dec 2025
Kyrgyzstan (%) 67.4 Jan 2026 monthly Dec 2003 - Jan 2026
Laos (%) 12.2 Dec 2025 quarterly Dec 1992 - Dec 2025
Latvia (%) -100.0 May 2025 monthly Jul 2004 - May 2025
Lebanon (%) -32.7 Nov 2025 monthly Dec 1977 - Nov 2025
Lithuania (%) -100.0 May 2025 monthly Dec 1994 - May 2025
Luxembourg (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Macau SAR, China (%) -27.7 Nov 2025 monthly Jun 1985 - Nov 2025
North Macedonia (%) 12.8 Jan 2026 monthly Jan 2004 - Jan 2026
Malawi (%) 51.0 Nov 2025 monthly Jan 1976 - Nov 2025
Malaysia (%) 4.9 Jan 2026 monthly Jan 1988 - Jan 2026
Malta (%) 7.9 Jan 2026 monthly Jan 2009 - Jan 2026
Mauritius (%) 8.3 Dec 2025 monthly Jun 2006 - Dec 2025
Mexico (%) 8.2 Nov 2025 monthly Dec 2002 - Nov 2025
Moldova (%) 18.6 Nov 2025 monthly Jan 2001 - Nov 2025
Mongolia (%) 21.0 Jan 2026 monthly Dec 1992 - Jan 2026
Montenegro (%) 10.5 Jan 2026 monthly Jan 2006 - Jan 2026
Morocco (%) 7.2 Jan 2026 monthly Dec 2002 - Jan 2026
Mozambique (%) 12.6 Aug 2025 monthly Dec 2002 - Aug 2025
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 4.1 Jan 2026 monthly Jan 2002 - Jan 2026
Netherlands (%) -100.0 May 2025 monthly Dec 2002 - May 2025
New Zealand (%) 4.3 Jan 2026 monthly Mar 1989 - Jan 2026
Nigeria (%) 4.7 Dec 2025 monthly Apr 1991 - Dec 2025
Norway (%) 4.1 Jan 2026 monthly Dec 1986 - Jan 2026
Oman (%) 10.0 Nov 2025 monthly Dec 2000 - Nov 2025
Pakistan (%) 11.7 Jan 2026 monthly Jun 2009 - Jan 2026
Palestinian Territory (%) 6.8 Dec 2025 monthly Dec 1999 - Dec 2025
Panama (%) 1.0 Dec 2025 monthly Dec 2002 - Dec 2025
Paraguay (%) 9.7 Dec 2025 monthly Dec 2002 - Dec 2025
Peru (%) 13.0 Nov 2025 monthly Jan 1993 - Nov 2025
Philippines (%) 10.1 Dec 2025 monthly Dec 2002 - Dec 2025
Poland (%) 11.9 Jan 2026 monthly Dec 1997 - Jan 2026
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 6.5 Dec 2025 monthly Jan 2008 - Dec 2025
Romania (%) 8.3 Dec 2025 monthly Dec 2005 - Dec 2025
Russia (%) 14.1 May 2025 monthly Dec 2001 - May 2025
Saudi Arabia (%) 11.1 Dec 2025 quarterly Mar 1994 - Dec 2025
Serbia (%) 22.7 Jan 2026 monthly Dec 2004 - Jan 2026
Singapore (%) 4.7 Jan 2026 monthly Mar 2005 - Jan 2026
Slovakia (%) 2.2 May 2025 monthly Jan 2007 - May 2025
Slovenia (%) -86.1 May 2025 monthly Jan 2005 - May 2025
South Africa (%) 9.3 Jan 2026 monthly Mar 1966 - Jan 2026
Spain (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Sri Lanka (%) 11.3 Dec 2025 monthly Jan 1997 - Dec 2025
Sudan (%) 71.0 Sep 2025 quarterly Mar 2003 - Sep 2025
Sweden (%) -3.1 May 2025 monthly Dec 2002 - May 2025
Switzerland (%) 2.3 Jan 2026 monthly Dec 1988 - Jan 2026

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Pakistan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.6 2025 yearly 2000 - 2025
Consolidated Fiscal Balance (USD mn) -22,771.776 2024 yearly 1991 - 2024
Tax Revenue (USD mn) 23,956.926 Dec 2025 quarterly Sep 2000 - Dec 2025
Tax Revenue: % of GDP (%) 10.3 2024 yearly 2001 - 2024
Government Debt: % of GDP (%) 68.3 2025 yearly 2000 - 2025
Forecast: Government Expenditure (PKR bn) 36,607.668 2030 yearly 1993 - 2030
Forecast: Government Net Debt (PKR bn) 117,452.692 2030 yearly 1994 - 2030
Forecast: Government Revenue (PKR bn) 31,090.918 2030 yearly 1980 - 2030
CG Expenditure: ytd: Current (PKR mn) 9,591,103.000 Dec 2025 quarterly Sep 2000 - Dec 2025
Consolidated Govt (CG) Expenditure: ytd (PKR mn) 10,141,670.000 Dec 2025 quarterly Sep 2000 - Dec 2025
CG Revenue: ytd: Tax (PKR mn) 6,729,353.000 Dec 2025 quarterly Sep 2000 - Dec 2025
Consolidated Govt (CG) Revenue: ytd (PKR mn) 10,683,552.000 Dec 2025 quarterly Sep 2000 - Dec 2025
Consolidated Govt Revenue: Tax: Federal: Direct Tax (PKR mn) 3,264,705.000 2024 yearly 2016 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.881 2030 yearly 1980 - 2030
Trade Balance (USD mn) -2,757.1 Jan 2026 monthly Jan 1968 - Jan 2026
Total Exports (USD mn) 3,055.9 Jan 2026 monthly Jan 1996 - Jan 2026
Total Exports Growth (%) -21.4 Dec 2025 monthly Dec 1988 - Dec 2025
Aluminum: Exports (USD th) 58,779.396 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 416,145.994 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 6,363.995 2024 yearly 1995 - 2024
Total Imports (USD mn) 5,813.0 Jan 2026 monthly Jan 1996 - Jan 2026
Total Imports Growth (%) 15.1 Dec 2025 monthly Dec 1988 - Dec 2025
Imports: Medicament (USD th) 407,131.495 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 640,419.546 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 520.934 May 2024 monthly Jan 1969 - May 2024
Total Imports from USA (USD mn) 278.424 Nov 2025 monthly Jan 2006 - Nov 2025
Total Exports to China (USD mn) 251.048 Jan 2026 monthly Jan 2006 - Jan 2026
Total Imports from China (USD mn) 1,324.502 Nov 2025 monthly Jan 2006 - Nov 2025
Exports: Petroleum & Coal (PKR mn) 20,881.948 Jan 2026 monthly Sep 1999 - Jan 2026
Trade Balance: USD (USD mn) -3,192.00 Jul 2018 monthly Jan 1996 - Jul 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 36.0 Dec 2025 quarterly Sep 2002 - Dec 2025
Current Account Balance (USD mn) -458.0 Dec 2025 quarterly Mar 1976 - Dec 2025
Current Account Balance: % of GDP (%) 0.5 2025 yearly 1977 - 2025
Foreign Direct Investment (USD mn) 173.3 Jan 2026 monthly Jul 1997 - Jan 2026
Foreign Direct Investment: % of GDP (%) 0.6 2025 yearly 1977 - 2025
Foreign Portfolio Investment (USD mn) 32.000 Dec 2025 quarterly Sep 2002 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) -0.1 2024 yearly 2003 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -104.0 Dec 2025 quarterly Sep 2002 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 136.000 Dec 2025 quarterly Sep 2002 - Dec 2025
External Debt (USD mn) 138,011.5 Dec 2025 quarterly Jun 2006 - Dec 2025
External Debt: % of GDP (%) 33.4 2025 yearly 2000 - 2025
External Debt: Short Term (USD mn) 2,532.4 Dec 2025 quarterly Jun 2006 - Dec 2025
External Debt: Short Term: % of GDP (%) 0.8 2025 yearly 2006 - 2025
Forecast: Current Account Balance (USD bn) 2.113 2025 yearly 1980 - 2025
Net International Investment Position (USD mn) -132,930.763 Sep 2025 quarterly Mar 2009 - Sep 2025
BoP: Credit: Current Account (CA) (USD mn) 21,505.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: CA: Primary Income (PI) (USD mn) -2,383.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Capital Account (CP) (USD mn) 38.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Errors and Omissions (USD mn) 339.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Debit: Current Account (CA) (USD mn) 21,942.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Dr: CA: GS: Goods (USD mn) 15,836.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Portfolio Investment: Liabilities (USD mn) 32.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Portfolio Investment: Assets (USD mn) -6.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Other Investment (OI): Liabilities (USD mn) 944.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Cr: Capital Account (CP) (USD mn) 38.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: CA: Secondary Income (USD mn) 10,901.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Other Investment (OI) (USD mn) -692.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Cr: CA: GS: Goods (USD mn) 7,667.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Direct Investment: Assets (USD mn) 36.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Cr: CA: GS: Services (USD mn) 2,563.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Financial Account (FA) (USD mn) -919.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: CA: GS: Services (USD mn) -807.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Cr: CA: Primary Income (PI) (USD mn) 274.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Financial Account (FA): Liabilities (USD mn) 2,053.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Financial Derivatives & Employee Stock Options (USD mn) -1.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Other Investment (OI): Assets (USD mn) 252.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Dr: CA: Secondary Income (USD mn) 119.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Dr: CA: Primary Income (PI) (USD mn) 2,657.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Dr: Capital Account (CP) (USD mn) 0.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: CA: GS: Goods (USD mn) -8,169.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Direct Investment (USD mn) -188.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Financial Account (FA): Assets (USD mn) 2,093.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Dr: CA: GS: Services (USD mn) 3,370.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Portfolio Investment (USD mn) -38.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Reserve Assets (RA) (USD mn) 1,797.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Cr: CA: Secondary Income (USD mn) 11,020.000 Dec 2025 quarterly Sep 2002 - Dec 2025
Workers' Remittances (USD mn) 3,464.527 Jan 2026 monthly Jul 1972 - Jan 2026
IIP: Assets (USD mn) 24,765.385 2023 yearly 2014 - 2023
International Investment Position (IIP): Net (USD mn) -129,937.808 2023 yearly 2014 - 2023
IIP: Liabilities (USD mn) 154,703.192 2023 yearly 2014 - 2023
External Debt: Private Sector (USD mn) 12,183.048 Dec 2024 quarterly Jun 2006 - Dec 2024
External Debt: Public (USD mn) 98,330.884 Dec 2024 quarterly Jun 2006 - Dec 2024
FDI: Food (USD mn) 2.783 Jan 2026 monthly Jul 2001 - Jan 2026
FDI: Oil & Gas Exploration (USD mn) -3.748 Jan 2026 monthly Jul 2001 - Jan 2026
FDI: Financial Business (USD mn) 60.538 Jan 2026 monthly Jul 2001 - Jan 2026
FDI: Chemicals (USD mn) 0.726 Jan 2026 monthly Jul 2001 - Jan 2026
FDI: Tobacco & Cigarettes (USD mn) 0.376 Jan 2026 monthly Jul 2001 - Jan 2026
Foreign Investment: Direct Investment: Hong Kong (USD mn) 24.663 Jan 2026 monthly Jul 2001 - Jan 2026
Foreign Investment: Direct Investment: Outflow: United States (USD mn) 5.971 Jan 2026 monthly Jul 2012 - Jan 2026
Foreign Investment: Direct Investment: Italy (USD mn) -0.023 Jan 2026 monthly Jul 2011 - Jan 2026
Foreign Investment: Direct Investment: Outflow: China (USD mn) 26.178 Jan 2026 monthly Jul 2012 - Jan 2026
Foreign Investment: Direct Investment: Switzerland (USD mn) 17.462 Jan 2026 monthly Jul 2001 - Jan 2026
Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn) 0.789 Jan 2026 monthly Jul 2012 - Jan 2026
Foreign Investment: Direct Investment: United States (USD mn) 1.197 Jan 2026 monthly Jul 2001 - Jan 2026
Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn) 4.919 Jan 2026 monthly Jul 2012 - Jan 2026
Foreign Investment: Direct Investment: United Kingdom (USD mn) 8.830 Jan 2026 monthly Jul 2001 - Jan 2026
Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn) 19.989 Jan 2026 monthly Jul 2012 - Jan 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 Dec 2025 quarterly Mar 2006 - Dec 2025
Non-Performing Loans (USD mn) 3,499.384 Dec 2025 quarterly Sep 2003 - Dec 2025
Money Supply M1 (USD mn) 48,010.597 Dec 2025 monthly Jan 1988 - Dec 2025
Money Supply M2 (USD mn) 144,623.592 Nov 2025 monthly Jan 1988 - Nov 2025
M2 Growth (%) 14.4 Nov 2025 monthly Jan 1989 - Nov 2025
Reserve Requirement Ratio (%) 5.0 Dec 2025 monthly Jul 2006 - Dec 2025
Foreign Exchange Reserves (USD mn) 20,971.7 Jan 2026 monthly Jan 1959 - Jan 2026
Foreign Exchange Reserves: % of GDP (%) 5.000 Feb 2026 monthly Jul 2006 - Feb 2026
Foreign Exchange Reserves: Months of Import (NA) 3.6 Jan 2026 monthly Jan 1996 - Jan 2026
Gold Reserves (USD mn) 9,095.365 Dec 2025 monthly Dec 1956 - Dec 2025
Total Deposits (USD mn) 111,576.396 2024 yearly 1997 - 2024
Total Deposits Growth (%) 13.8 2024 yearly 1998 - 2024
Domestic Credit (USD mn) 187,823.6 Jan 2026 monthly Jun 2008 - Jan 2026
Domestic Credit Growth (%) 11.7 Jan 2026 monthly Jun 2009 - Jan 2026
Total Loans (USD mn) 50,268.147 Jan 2026 monthly Sep 2007 - Jan 2026
Total Loans Growth (%) -2.92 Jan 2026 monthly Sep 2008 - Jan 2026
Private Debt: % of Nominal GDP (%) 9.55 2024 yearly 2005 - 2024
Domestic Claims (PKR mn) 52,544,376.815 Jan 2026 monthly Jun 2008 - Jan 2026
Money Supply M0: Reserve Money (PKR mn) 13,447,912.233 Dec 2025 monthly Jan 1988 - Dec 2025
ORA: Foreign Currency Reserves (FCR) (USD mn) 14,539.769 Dec 2025 monthly Oct 2003 - Dec 2025
ORA: Gold Including Gold Deposits and Gold Swapped (USD mn) 2,711.52 May 2018 monthly Oct 2003 - May 2018

More Indicators for Pakistan

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