Pakistan M2 Growth

1989 - 2026 | Monthly | % | CEIC Data

Key information about Pakistan M2 Growth

  • Pakistan Money Supply M2 increased 17.2 % YoY in Feb 2026, compared with a growth of 17.1 % in the previous month
  • Pakistan Money Supply M2 growth data is updated monthly, available from Jan 1989 to Feb 2026
  • The data reached an all-time high of 60.8 % in Sep 1994 and a record low of -16.8 % in Sep 1993

CEIC calculates M2 Growth Rate from monthly M2. The State Bank of Pakistan provides M2 in local currency

View Pakistan's M2 Growth from Jan 1989 to Feb 2026 in the chart:

Pakistan M2 Growth

What was Pakistan's M2 Growth in Feb 2026?

Pakistan Money Supply M2 increased 17.2 % YoY in Feb 2026, compared with a growth of 17.1 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
17.2 Feb 2026 17.1 Jan 2026 -16.8 Sep 1993 60.8 Sep 1994 % monthly Jan 1989 - Feb 2026

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 12.5 Mar 2026 monthly Dec 1994 - Mar 2026
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 29.1 Mar 2026 monthly Jan 1991 - Mar 2026
Armenia (%) 22.0 Dec 2025 monthly Jan 2003 - Dec 2025
Australia (%) 8.2 Mar 2026 monthly Mar 1966 - Mar 2026
Austria (%) 2.5 Mar 2026 monthly Sep 1998 - Mar 2026
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 4.0 Mar 2026 monthly Dec 1975 - Mar 2026
Bangladesh (%) 10.5 Feb 2026 monthly Jun 1987 - Feb 2026
Belarus (%) 27.8 Apr 2026 monthly Dec 1990 - Apr 2026
Belgium (%) 2.4 Mar 2026 monthly Dec 1997 - Mar 2026
Bolivia (%) 15.5 Jan 2026 monthly Dec 1988 - Jan 2026
Bosnia and Herzegovina (%) 10.6 Mar 2026 monthly Aug 1998 - Mar 2026
Botswana (%) 2.9 Dec 2025 monthly Jan 2002 - Dec 2025
Brazil (%) 9.9 Mar 2026 monthly Jan 1971 - Mar 2026
Bulgaria (%) 19.3 Mar 2026 monthly Dec 1996 - Mar 2026
Cambodia (%) 6.1 Mar 2026 monthly Jan 1996 - Mar 2026
Canada (%) 3.7 Feb 2026 monthly Jan 1969 - Feb 2026
Chile (%) 4.5 Apr 2026 monthly Jan 1987 - Apr 2026
China (%) 8.6 Apr 2026 monthly Mar 1997 - Apr 2026
Colombia (%) 11.0 Apr 2026 monthly Dec 1980 - Apr 2026
Croatia (%) 5.1 Mar 2026 monthly Jun 1995 - Mar 2026
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 4.5 Mar 2026 monthly Jan 2003 - Mar 2026
Denmark (%) 2.5 Mar 2026 monthly Jan 1992 - Mar 2026
Ecuador (%) 11.9 Mar 2026 monthly Dec 2007 - Mar 2026
Egypt (%) 20.0 Mar 2026 monthly Jan 1997 - Mar 2026
Estonia (%) 4.9 Mar 2026 monthly Jan 2012 - Mar 2026
European Union (%) 4.0 Mar 2026 monthly Jan 1981 - Mar 2026
Finland (%) 1.4 Mar 2026 monthly Jan 1981 - Mar 2026
France (%) 0.9 Mar 2026 monthly Dec 1978 - Mar 2026
Georgia (%) 26.4 Mar 2026 monthly Oct 1996 - Mar 2026
Germany (%) 3.7 Mar 2026 monthly Jan 1970 - Mar 2026
Ghana (%) 26.9 Dec 2025 quarterly Mar 1991 - Dec 2025
Greece (%) 5.4 Mar 2026 monthly Jan 2002 - Mar 2026
Hong Kong SAR, China (%) 9.3 Mar 2026 monthly Dec 1981 - Mar 2026
Hungary (%) 8.0 Mar 2026 monthly Jan 1999 - Mar 2026
Iceland (%) 6.0 Mar 2026 monthly Sep 1987 - Mar 2026
India (%) 17.6 Feb 2026 monthly Mar 1995 - Feb 2026
Indonesia (%) 9.7 Mar 2026 monthly Feb 1969 - Mar 2026
Iran (%) 36.8 Sep 2025 monthly Dec 2000 - Sep 2025
Ireland (%) 5.5 Mar 2026 monthly Jan 2000 - Mar 2026
Israel (%) 7.5 Jan 2026 monthly Apr 1982 - Jan 2026
Italy (%) 2.6 Mar 2026 monthly Dec 1975 - Mar 2026
Ivory Coast (%) 25.7 Feb 2026 monthly Jan 2005 - Feb 2026
Japan (%) 2.4 Apr 2026 monthly Jan 1968 - Apr 2026
Jordan (%) 6.2 Mar 2026 monthly Jan 1991 - Mar 2026
Kazakhstan (%) 16.6 Mar 2026 monthly Dec 1994 - Mar 2026
Kenya (%) 13.2 Feb 2026 monthly Dec 1996 - Feb 2026
South Korea (%) 5.3 Mar 2026 monthly Jan 1971 - Mar 2026
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 1.9 Mar 2026 monthly Jan 1995 - Mar 2026
Kyrgyzstan (%) 50.1 Jan 2026 monthly Jan 1995 - Jan 2026
Laos (%) 19.6 Mar 2026 quarterly Dec 2000 - Mar 2026
Latvia (%) 9.6 Mar 2026 monthly Jan 2015 - Mar 2026
Lebanon (%) -6.5 Feb 2026 monthly Dec 1980 - Feb 2026
Lithuania (%) 11.4 Mar 2026 monthly Dec 1994 - Mar 2026
Luxembourg (%) 4.7 Mar 2026 monthly Jan 2000 - Mar 2026
Macau SAR, China (%) 6.0 Mar 2026 monthly Jun 1985 - Mar 2026
North Macedonia (%) 11.9 Mar 2026 monthly Jan 2004 - Mar 2026
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 5.6 Mar 2026 monthly Dec 1970 - Mar 2026
Malta (%) 6.2 Mar 2026 monthly Jan 2009 - Mar 2026
Mauritius (%) 8.6 Mar 2026 monthly Jul 1977 - Mar 2026
Mexico (%) 6.4 Mar 2026 monthly Dec 1986 - Mar 2026
Moldova (%) 14.2 Mar 2026 monthly Jan 2001 - Mar 2026
Mongolia (%) 21.3 Mar 2026 monthly Dec 1997 - Mar 2026
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 11.0 Mar 2026 monthly Jan 1986 - Mar 2026
Mozambique (%) 7.5 Feb 2026 monthly Dec 2002 - Feb 2026
Myanmar (%) 32.1 Sep 2025 quarterly Dec 2002 - Sep 2025
Nepal (%) 14.5 Apr 2026 monthly Jan 2002 - Apr 2026
Netherlands (%) 6.8 Mar 2026 monthly Dec 1957 - Mar 2026
New Zealand (%) 5.6 Mar 2026 monthly Mar 1989 - Mar 2026
Nigeria (%) 11.2 Feb 2026 monthly Apr 1991 - Feb 2026
Norway (%) 7.4 Mar 2026 monthly Dec 1993 - Mar 2026
Oman (%) 6.1 Dec 2025 monthly Jan 2000 - Dec 2025
Pakistan (%) 17.2 Feb 2026 monthly Jan 1989 - Feb 2026
Palestinian Territory (%) 14.1 Mar 2026 monthly Jul 2003 - Mar 2026
Panama (%) 6.7 Feb 2026 monthly Dec 2003 - Feb 2026
Paraguay (%) 14.2 Mar 2026 monthly Dec 1989 - Mar 2026
Peru (%) 14.1 Mar 2026 monthly Jan 1993 - Mar 2026
Philippines (%) 11.2 Mar 2026 monthly Dec 1989 - Mar 2026
Poland (%) 11.3 Mar 2026 monthly Dec 1997 - Mar 2026
Portugal (%) 6.5 Mar 2026 monthly Dec 1980 - Mar 2026
Qatar (%) 5.5 Mar 2026 monthly Jan 1983 - Mar 2026
Romania (%) 7.3 Mar 2026 monthly Dec 2002 - Mar 2026
Russia (%) 11.8 Mar 2026 monthly Dec 1992 - Mar 2026
Saudi Arabia (%) 7.7 Mar 2026 monthly Jan 1994 - Mar 2026
Serbia (%) 9.3 Mar 2026 monthly Aug 2002 - Mar 2026
Singapore (%) 6.8 Mar 2026 monthly Mar 2005 - Mar 2026
Slovakia (%) 6.4 Mar 2026 monthly Dec 2001 - Mar 2026
Slovenia (%) 7.1 Mar 2026 monthly Jan 2008 - Mar 2026
South Africa (%) 8.8 Mar 2026 monthly Mar 1966 - Mar 2026
Spain (%) 5.6 Mar 2026 monthly Jan 1963 - Mar 2026
Sri Lanka (%) 12.3 Mar 2026 monthly Jan 1995 - Mar 2026
Sudan (%) 96.5 Feb 2026 monthly Dec 2004 - Feb 2026
Sweden (%) 3.9 Mar 2026 monthly Jan 1999 - Mar 2026
Switzerland (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025

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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) -14,594.600 2025 yearly 1991 - 2025
Tax Revenue (USD mn) 23,956.926 Dec 2025 quarterly Sep 2000 - Dec 2025
Tax Revenue: % of GDP (%) 11.3 2025 yearly 2001 - 2025
Government Debt: % of GDP (%) 68.3 2025 yearly 2000 - 2025
Forecast: Government Expenditure (PKR bn) 44,111.437 2031 yearly 1993 - 2031
Forecast: Government Net Debt (PKR bn) 127,856.351 2031 yearly 1994 - 2031
Forecast: Government Revenue (PKR bn) 34,021.752 2031 yearly 1980 - 2031
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: Overall Budget Balance: ytd (PKR mn) 541,882.000 Dec 2025 quarterly Sep 2020 - 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 (%) 7.571 2031 yearly 1980 - 2031
Trade Balance (USD mn) -2,838.1 Mar 2026 monthly Jan 1968 - Mar 2026
Total Exports (USD mn) 2,275.4 Mar 2026 monthly Jan 1996 - Mar 2026
Total Exports Growth (%) -14.2 Mar 2026 monthly Dec 1988 - Mar 2026
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) 5,113.5 Mar 2026 monthly Jan 1996 - Mar 2026
Total Imports Growth (%) 5.8 Mar 2026 monthly Dec 1988 - Mar 2026
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) 303.960 Feb 2026 monthly Jan 2006 - Feb 2026
Total Exports to China (USD mn) 225.562 Feb 2026 monthly Jan 2006 - Feb 2026
Total Imports from China (USD mn) 1,408.594 Feb 2026 monthly Jan 2006 - Feb 2026
Exports: Petroleum & Coal (PKR mn) 6,919.467 Mar 2026 monthly Sep 1999 - Mar 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) 125.0 Mar 2026 quarterly Sep 2002 - Mar 2026
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) 167.6 Mar 2026 monthly Jul 1997 - Mar 2026
Foreign Direct Investment: % of GDP (%) 0.6 2025 yearly 1977 - 2025
Foreign Portfolio Investment (USD mn) -343.000 Mar 2026 quarterly Sep 2002 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) -0.3 2025 yearly 2003 - 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -324.0 Mar 2026 quarterly Sep 2002 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) -19.000 Mar 2026 quarterly Sep 2002 - Mar 2026
External Debt (USD mn) 137,557.8 Mar 2026 quarterly Jun 2006 - Mar 2026
External Debt: % of GDP (%) 33.4 2025 yearly 2000 - 2025
External Debt: Short Term (USD mn) 15,423.2 Mar 2026 quarterly Jun 2006 - Mar 2026
External Debt: Short Term: % of GDP (%) 0.8 2025 yearly 2006 - 2025
Forecast: Current Account Balance (USD bn) 1.932 2025 yearly 1980 - 2025
Net International Investment Position (USD mn) -133,778.735 Dec 2025 quarterly Mar 2009 - Dec 2025
BoP: Errors and Omissions (USD mn) 339.000 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: Debit: Current Account (CA) (USD mn) 21,942.000 Dec 2025 quarterly Sep 2002 - Dec 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: FA: Portfolio Investment: Liabilities (USD mn) 32.000 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: Assets (USD mn) -6.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: CA: Secondary Income (USD mn) 10,901.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Capital Account (CP) (USD mn) 38.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Cr: Capital Account (CP) (USD mn) 38.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Other Investment (OI): Liabilities (USD mn) 944.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Financial Account (FA) (USD mn) -919.000 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: Cr: CA: GS: Services (USD mn) 2,563.000 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: CA: GS: Goods (USD mn) -8,169.000 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: 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: FA: Other Investment (OI): Assets (USD mn) 252.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Other Investment (OI) (USD mn) -692.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Financial Derivatives & Employee Stock Options (USD mn) -1.000 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: Dr: CA: Secondary Income (USD mn) 119.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Direct Investment (USD mn) -188.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Cr: CA: Secondary Income (USD mn) 11,020.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Portfolio Investment (USD mn) -38.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: FA: Direct Investment: Assets (USD mn) 36.000 Dec 2025 quarterly Sep 2002 - Dec 2025
BoP: Dr: CA: GS: Services (USD mn) 3,370.000 Dec 2025 quarterly Sep 2002 - Dec 2025
IIP: Assets (USD mn) 37,543.208 2025 yearly 2014 - 2025
International Investment Position (IIP): Net (USD mn) -133,778.735 2025 yearly 2014 - 2025
IIP: Liabilities (USD mn) 171,321.944 2025 yearly 2014 - 2025
External Debt: Public (USD mn) 104,265.832 Mar 2026 quarterly Jun 2006 - Mar 2026
External Debt: Private Sector (USD mn) 11,570.770 Mar 2026 quarterly Jun 2006 - Mar 2026
Workers' Remittances (USD mn) 3,538.771 Apr 2026 monthly Jul 1972 - Apr 2026
FDI: Food (USD mn) -2.317 Mar 2026 monthly Jul 2001 - Mar 2026
FDI: Financial Business (USD mn) 65.440 Mar 2026 monthly Jul 2001 - Mar 2026
FDI: Oil & Gas Exploration (USD mn) 5.962 Mar 2026 monthly Jul 2001 - Mar 2026
FDI: Chemicals (USD mn) 0.726 Mar 2026 monthly Jul 2001 - Mar 2026
FDI: Tobacco & Cigarettes (USD mn) 0.376 Mar 2026 monthly Jul 2001 - Mar 2026
Foreign Investment: Direct Investment: Hong Kong (USD mn) 34.694 Mar 2026 monthly Jul 2001 - Mar 2026
Foreign Investment: Direct Investment: Outflow: United States (USD mn) 5.971 Mar 2026 monthly Jul 2012 - Mar 2026
Foreign Investment: Direct Investment: Switzerland (USD mn) 11.841 Mar 2026 monthly Jul 2001 - Mar 2026
Foreign Investment: Direct Investment: Outflow: China (USD mn) 47.187 Mar 2026 monthly Jul 2012 - Mar 2026
Foreign Investment: Direct Investment: United Kingdom (USD mn) 13.364 Mar 2026 monthly Jul 2001 - Mar 2026
Foreign Investment: Direct Investment: United States (USD mn) 3.336 Mar 2026 monthly Jul 2001 - Mar 2026
Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn) 18.989 Mar 2026 monthly Jul 2012 - Mar 2026
Foreign Investment: Direct Investment: Italy (USD mn) 0.381 Mar 2026 monthly Jul 2011 - Mar 2026
Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn) 4.037 Mar 2026 monthly Jul 2012 - Mar 2026
Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn) 0.789 Mar 2026 monthly Jul 2012 - Mar 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) 52,355.774 Mar 2026 monthly Jan 1988 - Mar 2026
Money Supply M2 (USD mn) 149,927.090 Feb 2026 monthly Jan 1988 - Feb 2026
M2 Growth (%) 17.2 Feb 2026 monthly Jan 1989 - Feb 2026
Reserve Requirement Ratio (%) 5.0 Mar 2026 monthly Jul 2006 - Mar 2026
Foreign Exchange Reserves (USD mn) 21,331.9 Mar 2026 monthly Jan 1959 - Mar 2026
Foreign Exchange Reserves: % of GDP (%) 5.000 Mar 2026 monthly Jul 2006 - Mar 2026
Foreign Exchange Reserves: Months of Import (NA) 4.2 Mar 2026 monthly Jan 1996 - Mar 2026
Gold Reserves (USD mn) 9,601.453 Mar 2026 monthly Dec 1956 - Mar 2026
Total Deposits (USD mn) 111,576.396 2024 yearly 1997 - 2024
Total Deposits Growth (%) 13.8 2024 yearly 1998 - 2024
Domestic Credit (USD mn) 190,461.6 Mar 2026 monthly Jun 2008 - Mar 2026
Domestic Credit Growth (%) 8.9 Mar 2026 monthly Jun 2009 - Mar 2026
Total Loans (USD mn) 51,397.004 Mar 2026 monthly Sep 2007 - Mar 2026
Total Loans Growth (%) 8.11 Mar 2026 monthly Sep 2008 - Mar 2026
Private Debt: % of Nominal GDP (%) 8.89 2025 yearly 2005 - 2025
Domestic Claims (PKR mn) 53,162,229.038 Mar 2026 monthly Jun 2008 - Mar 2026
Money Supply M0: Reserve Money (PKR mn) 14,613,706.049 Mar 2026 monthly Jan 1988 - Mar 2026
ORA: Foreign Currency Reserves (FCR) (USD mn) 13,257.164 Mar 2026 monthly Oct 2003 - Mar 2026
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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