Total debt service in Pakistan
Pakistan: Total debt service was 4.5% in 2024. ▼ Falling
Total debt service in Pakistan, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Pakistan stood at 4.5%.
That represents a change of down 7.5% on the previous year and up 148.2% over ten years.
Over the whole period, total debt service in Pakistan peaked at 6.8% in 1997 and was at its lowest, 1.3%, in 2011.
Pakistan ranks 58th of 122 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Total debt service in Pakistan, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.6% | — |
| 1971 | 1.7% | -35.7% |
| 1972 | 2.2% | +31.3% |
| 1973 | 3.8% | +76.8% |
| 1974 | 2.7% | -30.2% |
| 1975 | 2.8% | +4.1% |
| 1976 | 3.0% | +6.2% |
| 1977 | 3.0% | +0.6% |
| 1978 | 3.0% | -0.2% |
| 1979 | 3.4% | +13.0% |
| 1980 | 3.7% | +10.4% |
| 1981 | 3.3% | -11.0% |
| 1982 | 2.9% | -12.0% |
| 1983 | 4.8% | +63.5% |
| 1984 | 4.1% | -14.2% |
| 1985 | 4.7% | +14.3% |
| 1986 | 5.1% | +9.7% |
| 1987 | 5.5% | +8.3% |
| 1988 | 4.9% | -11.0% |
| 1989 | 4.7% | -4.3% |
| 1990 | 4.8% | +2.3% |
| 1991 | 4.4% | -8.6% |
| 1992 | 4.8% | +9.7% |
| 1993 | 4.7% | -2.2% |
| 1994 | 6.8% | +42.9% |
| 1995 | 5.4% | -19.5% |
| 1996 | 5.4% | -1.3% |
| 1997 | 6.8% | +26.6% |
| 1998 | 3.8% | -43.5% |
| 1999 | 4.8% | +25.1% |
| 2000 | 2.9% | -38.8% |
| 2001 | 3.2% | +7.3% |
| 2002 | 3.0% | -4.5% |
| 2003 | 2.8% | -7.4% |
| 2004 | 3.3% | +18.3% |
| 2005 | 1.7% | -47.5% |
| 2006 | 1.5% | -15.4% |
| 2007 | 1.5% | +1.3% |
| 2008 | 1.5% | +3.8% |
| 2009 | 1.9% | +24.2% |
| 2010 | 2.2% | +17.5% |
| 2011 | 1.3% | -41.0% |
| 2012 | 2.0% | +51.1% |
| 2013 | 2.7% | +36.0% |
| 2014 | 1.8% | -33.6% |
| 2015 | 1.4% | -20.9% |
| 2016 | 1.4% | -1.5% |
| 2017 | 2.0% | +44.4% |
| 2018 | 1.7% | -14.4% |
| 2019 | 3.5% | +101.7% |
| 2020 | 3.7% | +5.6% |
| 2021 | 3.6% | -3.9% |
| 2022 | 4.5% | +26.2% |
| 2023 | 4.9% | +7.8% |
| 2024 | 4.5% | -7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.8% | 1.7% | 3.8% | 10 |
| 1980s | 4.4% | 2.9% | 5.5% | 10 |
| 1990s | 5.2% | 3.8% | 6.8% | 10 |
| 2000s | 2.3% | 1.5% | 3.3% | 10 |
| 2010s | 2.0% | 1.3% | 3.5% | 10 |
| 2020s | 4.2% | 3.6% | 4.9% | 5 |
Countries ranked near Pakistan
More economy & growth data for Pakistan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.11 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 11.76 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1318 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 210.32 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.75 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.1721 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 274.63 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 8.32 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 48.08 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Pakistan?
- Total debt service in Pakistan was 4.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Pakistan?
- The highest recorded value was 6.8% in 1997.
- What is the lowest total debt service recorded in Pakistan?
- The lowest recorded value was 1.3% in 2011.
- How does Pakistan rank for total debt service?
- Pakistan ranks 58th out of 122 countries with data for 2024.
- Is total debt service rising or falling in Pakistan?
- Over the last ten years it is up 148.2%. The long-run trend across the full record is falling.
- Where does this Pakistan data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.