Debt service (PPG and IMF only, % of exports of goods, services and) in Pakistan
Pakistan: Debt service (PPG and IMF only, % of exports of goods, services and) was 32.8% in 2024. ▼ Falling
Debt service (PPG and IMF only, % of exports of goods, services and) in Pakistan, 1976–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
In 2024, debt service (ppg and imf only, % of exports of goods, services and) in Pakistan stood at 32.8%.
The figure is down 12.2% on the previous year and up 125.3% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Pakistan peaked at 37.8% in 2022 and was at its lowest, 8.0%, in 2011.
Pakistan ranks 3rd of 118 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 49 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Pakistan, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 25.7% | — |
| 1977 | 29.9% | +16.3% |
| 1978 | 28.1% | -6.0% |
| 1979 | 25.5% | -9.1% |
| 1980 | 22.8% | -10.5% |
| 1981 | 21.8% | -4.6% |
| 1982 | 23.3% | +7.1% |
| 1983 | 32.5% | +39.5% |
| 1984 | 32.5% | -0.2% |
| 1985 | 36.0% | +10.9% |
| 1986 | 35.2% | -2.2% |
| 1987 | 32.0% | -9.3% |
| 1988 | 29.9% | -6.3% |
| 1989 | 25.3% | -15.4% |
| 1990 | 22.7% | -10.3% |
| 1991 | 20.5% | -9.8% |
| 1992 | 22.8% | +11.3% |
| 1993 | 24.5% | +7.6% |
| 1994 | 32.9% | +34.1% |
| 1995 | 24.4% | -25.9% |
| 1996 | 24.8% | +1.8% |
| 1997 | 32.9% | +32.6% |
| 1998 | 18.9% | -42.6% |
| 1999 | 22.0% | +16.4% |
| 2000 | 21.1% | -4.2% |
| 2001 | 21.4% | +1.4% |
| 2002 | 19.7% | -7.6% |
| 2003 | 17.2% | -12.8% |
| 2004 | 22.9% | +33.3% |
| 2005 | 10.2% | -55.5% |
| 2006 | 9.2% | -10.3% |
| 2007 | 9.2% | +0.9% |
| 2008 | 9.0% | -2.2% |
| 2009 | 12.1% | +33.9% |
| 2010 | 11.7% | -3.7% |
| 2011 | 8.0% | -31.1% |
| 2012 | 14.2% | +77.0% |
| 2013 | 20.5% | +44.3% |
| 2014 | 14.6% | -29.0% |
| 2015 | 12.8% | -12.3% |
| 2016 | 13.9% | +8.5% |
| 2017 | 20.1% | +44.8% |
| 2018 | 16.1% | -19.6% |
| 2019 | 31.4% | +94.7% |
| 2020 | 33.9% | +7.9% |
| 2021 | 30.1% | -11.0% |
| 2022 | 37.8% | +25.5% |
| 2023 | 37.3% | -1.3% |
| 2024 | 32.8% | -12.2% |
Pakistan compared with similar countries
- Pakistan's 32.8% is above the median for lower middle income countries, which is 8.4%, 3.9× the median. (43 countries reporting)
- Pakistan's 32.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 10.0%, 3.3× the median. (11 countries reporting)
Biggest year-on-year movements
Years where Debt service (PPG and IMF only, % of exports of goods, services and) in Pakistan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +94.7% | 16.1% | 31.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.3% | 25.5% | 29.9% | 4 |
| 1980s | 29.1% | 21.8% | 36.0% | 10 |
| 1990s | 24.6% | 18.9% | 32.9% | 10 |
| 2000s | 15.2% | 9.0% | 22.9% | 10 |
| 2010s | 16.3% | 8.0% | 31.4% | 10 |
| 2020s | 34.4% | 30.1% | 37.8% | 5 |
Countries ranked near Pakistan
More external debt data for Pakistan
- IFC, private nonguaranteed -68.88 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.2741 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0002 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -56.68 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.1% (2024)
- Net financial flows, IDA 537.03 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 2.14 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0014 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 172.53 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 27.2% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Pakistan?
- Debt service (ppg and imf only, % of exports of goods, services and) in Pakistan was 32.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Pakistan?
- The highest recorded value was 37.8% in 2022.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Pakistan?
- The lowest recorded value was 8.0% in 2011.
- How does Pakistan rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Pakistan ranks 3rd out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Pakistan?
- Over the last ten years it is up 125.3%. 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 Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.