Pakistan Government Debt: % of GDP

2000 - 2021 | Yearly | % | CEIC Data

Key information about Pakistan Government Debt: % of GDP

  • Pakistan Government debt accounted for 69.1 % of the country's Nominal GDP in Jun 2021, compared with the ratio of 73.5 % in the previous year.
  • Pakistan government debt to GDP ratio data is updated yearly, available from Jun 2000 to Jun 2021.
  • The data reached an all-time high of 73.5 % in Jun 2020 and a record low of 50.0 % in Jun 2007.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. The State Bank of Pakistan provides Government Debt in local currency. The Pakistan Bureau of Statistics provides Nominal GDP in local currency based on SNA 2008 with benchmark year 2015-2016. Government Debt covers Federal Government only. Nominal GDP prior to 2016 is based on SNA 2008 with benchmark year 2005-2006. Government Debt as % of Nominal GDP is in annual frequency, ending in June of each year.
  • The country's Nominal GDP reached 377.3 USD bn in Jun 2022.
  • View Pakistan's Government Debt: % of GDP from 2000 to 2021 in the chart:

    Pakistan Government Debt: % of GDP

    What was Pakistan's Government Debt: % of GDP in 2021?

    Pakistan Government debt accounted for 69.1 % of the country's Nominal GDP in Jun 2021, compared with the ratio of 73.5 % in the previous year. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    69.1 2021 73.5 2020 50.0 2007 73.5 2020 % yearly 2000 - 2021

    Government Debt: % of GDP by Country Comparison

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    country/region Last Frequency Range
    Albania (%) 62.8 Sep 2022 quarterly Sep 2010 - Sep 2022
    Algeria (%) 62.1 2021 yearly 1997 - 2021
    Argentina (%) 75.0 Sep 2022 quarterly Dec 2004 - Sep 2022
    Armenia (%) 50.5 Sep 2022 quarterly Dec 2013 - Sep 2022
    Australia (%) 47.7 2021 yearly 1999 - 2021
    Austria (%) 81.3 Sep 2022 quarterly Mar 2000 - Sep 2022
    Azerbaijan (%) 6.4 2010 yearly 2008 - 2010
    Bahrain (%) 84.3 Sep 2022 quarterly Dec 2007 - Sep 2022
    Bangladesh (%) 20.6 2022 yearly 2010 - 2022
    Belarus (%) 36.7 Mar 2022 quarterly Dec 2003 - Mar 2022
    Belgium (%) 106.3 Sep 2022 quarterly Dec 1980 - Sep 2022
    Bolivia (%) 27.2 2014 yearly 1998 - 2014
    Bosnia and Herzegovina (%) 24.4 2021 yearly 2007 - 2021
    Botswana (%) 17.9 Dec 2021 quarterly Jun 2014 - Dec 2021
    Brazil (%) 73.4 Dec 2022 quarterly Dec 2006 - Dec 2022
    Bulgaria (%) 23.1 Sep 2022 quarterly Mar 2007 - Sep 2022
    Cambodia (%) 35.2 2021 yearly 2013 - 2021
    Canada (%) 71.3 2022 yearly 1962 - 2022
    Chile (%) 37.7 Sep 2022 quarterly Mar 2002 - Sep 2022
    China (%) 20.8 Sep 2022 quarterly Mar 2014 - Sep 2022
    Colombia (%) 61.9 Sep 2022 quarterly Dec 2005 - Sep 2022
    Croatia (%) 9.3 Sep 2022 quarterly Dec 1995 - Sep 2022
    Cyprus (%) 86.5 Dec 2022 quarterly Dec 2010 - Dec 2022
    Czech Republic (%) 45.1 Sep 2022 quarterly Mar 2000 - Sep 2022
    Denmark (%) 30.6 Sep 2022 quarterly Mar 2000 - Sep 2022
    Ecuador (%) 63.5 Sep 2022 quarterly Dec 2005 - Sep 2022
    Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Estonia (%) 15.9 Sep 2022 quarterly Mar 2000 - Sep 2022
    European Union (%) 85.0 Sep 2022 quarterly Mar 2000 - Sep 2022
    Finland (%) 71.9 Sep 2022 quarterly Mar 2000 - Sep 2022
    France (%) 113.7 Sep 2022 quarterly Dec 1995 - Sep 2022
    Georgia (%) 39.5 Sep 2022 quarterly Mar 2006 - Sep 2022
    Germany (%) 66.4 Sep 2022 quarterly Mar 2000 - Sep 2022
    Ghana (%) 80.1 2021 yearly 2006 - 2021
    Greece (%) 175.7 Sep 2022 quarterly Dec 1999 - Sep 2022
    Hong Kong SAR, China (%) 47.6 2022 yearly 2003 - 2022
    Hungary (%) 70.6 Dec 2022 quarterly Dec 1990 - Dec 2022
    Iceland (%) 74.7 2021 yearly 1998 - 2021
    India (%) 55.1 Sep 2022 quarterly Mar 2012 - Sep 2022
    Indonesia (%) 39.5 Dec 2022 quarterly Jun 2015 - Dec 2022
    Iran (%) 8.8 Mar 2022 quarterly Mar 1998 - Mar 2022
    Ireland (%) 49.0 Sep 2022 quarterly Mar 2000 - Sep 2022
    Israel (%) 67.1 2021 yearly 1995 - 2021
    Italy (%) 144.7 Dec 2022 quarterly Dec 1995 - Dec 2022
    Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
    Japan (%) 225.9 Dec 2022 quarterly Dec 1994 - Dec 2022
    Jordan (%) 88.4 Sep 2022 quarterly Mar 2002 - Sep 2022
    Kazakhstan (%) 21.8 Dec 2022 quarterly Mar 2005 - Dec 2022
    Kenya (%) 66.9 Sep 2022 quarterly Dec 2009 - Sep 2022
    South Korea (%) 48.1 Sep 2022 quarterly Sep 2002 - Sep 2022
    Kosovo (%) 20.7 2022 yearly 2009 - 2022
    Kuwait (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
    Kyrgyzstan (%) 50.8 Dec 2022 quarterly Mar 2011 - Dec 2022
    Latvia (%) 40.1 Sep 2022 quarterly Mar 2000 - Sep 2022
    Lebanon (%) 150.6 2020 yearly 1998 - 2020
    Lithuania (%) 37.3 Sep 2022 quarterly Mar 2000 - Sep 2022
    Luxembourg (%) 24.6 Sep 2022 quarterly Dec 1997 - Sep 2022
    North Macedonia (%) 51.0 Dec 2022 quarterly Dec 2009 - Dec 2022
    Malawi (%) 66.0 2014 yearly 2010 - 2014
    Malaysia (%) 60.4 Dec 2022 quarterly Dec 2010 - Dec 2022
    Malta (%) 53.1 Sep 2022 quarterly Dec 2000 - Sep 2022
    Mauritius (%) 73.4 Dec 2022 quarterly Jun 2003 - Dec 2022
    Mexico (%) 51.7 Dec 2022 quarterly Dec 2005 - Dec 2022
    Moldova (%) 32.3 Sep 2022 quarterly Mar 2007 - Sep 2022
    Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Montenegro (%) 71.5 Sep 2022 quarterly Dec 2010 - Sep 2022
    Morocco (%) 68.9 2021 yearly 1994 - 2021
    Nepal (%) 27.2 2019 yearly 1990 - 2019
    Netherlands (%) 49.0 Sep 2022 quarterly Dec 1999 - Sep 2022
    New Zealand (%) 34.9 Sep 2022 quarterly Dec 2006 - Sep 2022
    Nigeria (%) 20.2 Sep 2022 quarterly Dec 2010 - Sep 2022
    Norway (%) 42.5 2021 yearly 1995 - 2021
    Oman (%) 61.3 2021 yearly 1990 - 2021
    Pakistan (%) 69.1 2021 yearly 2000 - 2021
    Palestinian Territory (%) 75.0 Sep 2022 quarterly Dec 2010 - Sep 2022
    Panama (%) 62.3 Sep 2022 quarterly Dec 2007 - Sep 2022
    Paraguay (%) 31.5 Sep 2022 quarterly Dec 2014 - Sep 2022
    Peru (%) 34.0 Dec 2022 quarterly Mar 1999 - Dec 2022
    Philippines (%) 60.9 Dec 2022 quarterly Mar 1993 - Dec 2022
    Poland (%) 50.3 Sep 2022 quarterly Dec 2002 - Sep 2022
    Portugal (%) 113.8 Dec 2022 quarterly Dec 1995 - Dec 2022
    Qatar (%) 15.0 2012 yearly 2006 - 2012
    Romania (%) 47.2 Dec 2022 quarterly Dec 2011 - Dec 2022
    Russia (%) 13.4 Sep 2022 quarterly Dec 2011 - Sep 2022
    Saudi Arabia (%) 23.8 Dec 2022 quarterly Dec 2016 - Dec 2022
    Serbia (%) 55.2 Dec 2022 quarterly Sep 2004 - Dec 2022
    Singapore (%) 167.8 Dec 2022 quarterly Mar 1990 - Dec 2022
    Slovakia (%) 58.6 Sep 2022 quarterly Mar 2000 - Sep 2022
    Slovenia (%) 72.4 Sep 2022 quarterly Dec 1999 - Sep 2022
    South Africa (%) 71.0 Dec 2022 quarterly Dec 1960 - Dec 2022
    Spain (%) 115.6 Sep 2022 quarterly Mar 1995 - Sep 2022
    Sri Lanka (%) 111.9 Sep 2022 quarterly Mar 2014 - Sep 2022
    Sweden (%) 32.7 Sep 2022 quarterly Mar 1996 - Sep 2022
    Switzerland (%) 25.1 2026 yearly 1990 - 2026
    Taiwan (%) 30.1 2021 yearly 1996 - 2021
    Tajikistan (%) 39.2 2020 yearly 1999 - 2020
    Thailand (%) 53.6 Dec 2022 quarterly Dec 1997 - Dec 2022
    Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
    Turkey (%) 34.8 Sep 2022 quarterly Dec 2001 - Sep 2022
    Ukraine (%) 43.3 Dec 2021 quarterly Dec 2010 - Dec 2021

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    Pakistan Key Series

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    Includes 210 key indicators for Pakistan, curated by CEIC analysts. Instant access to full history data in excel.
    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -6.1 2021 yearly 2000 - 2021
    Consolidated Fiscal Balance (USD mn) -21,267.845 2021 yearly 1991 - 2021
    Tax Revenue (USD mn) 16,768.728 Dec 2022 quarterly Sep 2000 - Dec 2022
    Tax Revenue: % of GDP (%) 5.6 2022 yearly 2000 - 2022
    Government Debt: % of GDP (%) 69.1 2021 yearly 2000 - 2021
    Forecast: Government Expenditure (PKR bn) 21,951.370 2027 yearly 1993 - 2027
    Forecast: Government Net Debt (PKR bn) 79,640.070 2027 yearly 1994 - 2027
    Forecast: Government Revenue (PKR bn) 17,429.160 2027 yearly 1980 - 2027
    Consolidated Govt Revenue: Tax: Federal: Direct Tax (PKR mn) 1,731,860.000 2021 yearly 2016 - 2021
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 5.621 2027 yearly 1980 - 2027
    Trade Balance (USD mn) -1,704.0 Feb 2023 monthly Jan 1968 - Feb 2023
    Total Exports (USD mn) 2,305.0 Feb 2023 monthly Jan 1996 - Feb 2023
    Total Exports Growth (%) 23.9 Feb 2023 monthly Dec 1988 - Feb 2023
    Aluminum: Exports (USD th) 78,013.857 2021 yearly 1995 - 2021
    Exports: Medicament (USD th) 265,164.686 2021 yearly 1995 - 2021
    Exports: Medicinal and Pharmaceutical Product (USD th) 4,234.351 2021 yearly 1995 - 2021
    Total Imports (USD mn) 4,009.0 Feb 2023 monthly Jan 1996 - Feb 2023
    Total Imports Growth (%) 4.3 Feb 2023 monthly Dec 1988 - Feb 2023
    Imports: Medicament (USD th) 521,573.363 2021 yearly 1995 - 2021
    Imports: Medicinal and Pharmaceutical Product (USD th) 3,542,497.018 2021 yearly 1995 - 2021
    Total Exports to USA (USD mn) 632.982 Nov 2021 monthly Jan 1969 - Nov 2021
    Total Imports from USA (USD mn) 175.216 Jan 2023 monthly Jan 2006 - Jan 2023
    Total Exports to China (USD mn) 136.551 Jan 2023 monthly Jan 2006 - Jan 2023
    Total Imports from China (USD mn) 614.744 Jan 2023 monthly Jan 2006 - Jan 2023
    Exports: Petroleum & Coal (PKR mn) 344.000 Jan 2023 monthly Sep 1999 - Jan 2023
    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) 1,033.0 Dec 2022 quarterly Sep 2002 - Dec 2022
    Current Account Balance (USD mn) -1,221.0 Dec 2022 quarterly Mar 1976 - Dec 2022
    Current Account Balance: % of GDP (%) -4.6 2022 yearly 1977 - 2022
    Foreign Direct Investment (USD mn) 222.6 Jan 2023 monthly Jul 1997 - Jan 2023
    Foreign Direct Investment: % of GDP (%) 0.5 2022 yearly 1977 - 2022
    Foreign Portfolio Investment (USD mn) -1,001.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    Foreign Portfolio Investment: % of GDP (%) -0.0 2022 yearly 2003 - 2022
    Foreign Portfolio Investment: Equity Securities (USD mn) 1.0 Dec 2022 quarterly Sep 2002 - Dec 2022
    Foreign Portfolio Investment: Debt Securities (USD mn) -1,002.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    External Debt (USD mn) 126,345.1 Dec 2022 quarterly Jun 2006 - Dec 2022
    External Debt: % of GDP (%) 34.5 2022 yearly 2000 - 2022
    External Debt: Short Term (USD mn) 3,540.0 Dec 2022 quarterly Jun 2006 - Dec 2022
    External Debt: Short Term: % of GDP (%) 1.2 2022 yearly 2006 - 2022
    Forecast: Current Account Balance (USD bn) -17.318 2022 yearly 1980 - 2022
    Net International Investment Position (USD mn) -131,296.067 Sep 2022 quarterly Mar 2009 - Sep 2022
    BoP: Credit: Current Account (CA) (USD mn) 15,692.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Cr: CA: GS: Goods (USD mn) 6,831.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Debit: Current Account (CA) (USD mn) 16,913.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Errors and Omissions (USD mn) 125.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: CA: Primary Income (PI) (USD mn) -1,597.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Capital Account (CP) (USD mn) 251.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Dr: CA: GS: Goods (USD mn) 13,130.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Portfolio Investment: Liabilities (USD mn) -1,001.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Portfolio Investment: Assets (USD mn) 0.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: CA: Secondary Income (USD mn) 6,762.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Cr: Capital Account (CP) (USD mn) 251.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Other Investment (OI): Liabilities (USD mn) -1,426.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: CA: GS: Goods (USD mn) -6,310.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Other Investment (OI) (USD mn) 30.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Financial Account (FA) (USD mn) 1,418.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Direct Investment: Assets (USD mn) 1,033.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: CA: GS: Services (USD mn) -38.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Cr: CA: Primary Income (PI) (USD mn) 183.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Cr: CA: GS: Services (USD mn) 1,940.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Reserve Assets (RA) (USD mn) -2,546.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Financial Account (FA): Liabilities (USD mn) -2,149.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Financial Derivatives & Employee Stock Options (USD mn) -2.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Dr: CA: Primary Income (PI) (USD mn) 1,780.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Other Investment (OI): Assets (USD mn) -1,396.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Dr: Capital Account (CP) (USD mn) 0.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Financial Account (FA): Assets (USD mn) -2,848.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Direct Investment (USD mn) 873.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Dr: CA: Secondary Income (USD mn) 55.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: FA: Portfolio Investment (USD mn) 1,001.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Dr: CA: GS: Services (USD mn) 1,948.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    BoP: Cr: CA: Secondary Income (USD mn) 6,893.000 Dec 2022 quarterly Sep 2002 - Dec 2022
    IIP: Assets (USD mn) 33,535.736 2021 yearly 2014 - 2021
    International Investment Position (IIP): Net (USD mn) -127,385.833 2021 yearly 2014 - 2021
    IIP: Liabilities (USD mn) 160,921.569 2021 yearly 2014 - 2021
    Workers' Remittances (USD mn) 1,987.728 Feb 2023 monthly Jul 1972 - Feb 2023
    Foreign Investment: Direct Investment: Hong Kong (USD mn) 3.993 Jan 2023 monthly Jul 2001 - Jan 2023
    Foreign Investment: Direct Investment: Outflow: United States (USD mn) 4.231 Jan 2023 monthly Jul 2012 - Jan 2023
    Foreign Investment: Direct Investment: Switzerland (USD mn) 16.679 Jan 2023 monthly Jul 2001 - Jan 2023
    Foreign Investment: Direct Investment: Italy (USD mn) 0.010 Jan 2023 monthly Jul 2011 - Jan 2023
    Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn) 2.384 Jan 2023 monthly Jul 2012 - Jan 2023
    Foreign Investment: Direct Investment: Outflow: China (USD mn) 0.431 Jan 2023 monthly Jul 2012 - Jan 2023
    Foreign Investment: Direct Investment: United Kingdom (USD mn) 3.994 Jan 2023 monthly Jul 2001 - Jan 2023
    Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn) 0.000 Jan 2023 monthly Jul 2012 - Jan 2023
    Foreign Investment: Direct Investment: United States (USD mn) 0.414 Jan 2023 monthly Jul 2001 - Jan 2023
    Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn) 0.988 Jan 2023 monthly Jul 2012 - Jan 2023
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 7.6 Sep 2022 quarterly Mar 2006 - Sep 2022
    Non-Performing Loans (USD mn) 3,977.667 Sep 2022 quarterly Sep 2003 - Sep 2022
    Money Supply M1 (USD mn) 41,105.918 Dec 2022 monthly Jul 1991 - Dec 2022
    Money Supply M2 (USD mn) 102,839.548 Jan 2023 monthly Jan 1988 - Jan 2023
    M2 Growth (%) 13.1 Jan 2023 monthly Jan 1989 - Jan 2023
    Reserve Requirement Ratio (%) 5.0 Feb 2023 monthly Jul 2006 - Feb 2023
    Foreign Exchange Reserves (USD mn) 8,393.7 Jan 2023 monthly Jan 1959 - Jan 2023
    Foreign Exchange Reserves: % of GDP (%) 5.000 Jan 2023 monthly Jul 2006 - Jan 2023
    Foreign Exchange Reserves: Months of Import (NA) 1.7 Jan 2023 monthly Jan 1996 - Jan 2023
    Gold Reserves (USD mn) 3,999.167 Jan 2023 monthly Dec 1956 - Jan 2023
    Total Deposits (USD mn) 114,202.716 2021 yearly 1997 - 2021
    Total Deposits Growth (%) 16.9 2021 yearly 1998 - 2021
    Domestic Credit (USD mn) 128,906.2 Jan 2023 monthly Jun 2008 - Jan 2023
    Domestic Credit Growth (%) 26.0 Jan 2023 monthly Jun 2009 - Jan 2023
    Total Loans (USD mn) 51,322.267 Dec 2022 monthly Sep 2007 - Dec 2022
    Total Loans Growth (%) 17.83 Jan 2023 monthly Sep 2008 - Jan 2023
    Private Debt: % of Nominal GDP (%) 11.87 2022 yearly 2005 - 2022
    Money Supply M0: Reserve Money (PKR mn) 9,611,673.000 Jan 2023 monthly Jan 2005 - Jan 2023
    ORA: Gold Including Gold Deposits and Gold Swapped (USD mn) 2,711.52 May 2018 monthly Oct 2003 - May 2018
    ORA: Foreign Currency Reserves (FCR) (USD mn) 2,999.364 Jan 2023 monthly Oct 2003 - Jan 2023

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