Interest rate spread (lending rate minus deposit rate, %) in Pakistan
Pakistan: Interest rate spread (lending rate minus deposit rate, %) was 2.9% in 2021. ▼ Falling
Interest rate spread in Pakistan, 2004–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2021, interest rate spread in Pakistan stood at 2.9%. That is the lowest value across all 18 years on record.
That represents a change of down 11.2% on the previous year and down 52.9% over ten years.
Over the whole period, interest rate spread in Pakistan peaked at 6.8% in 2006 and was at its lowest, 2.9%, in 2021.
Pakistan ranks 105th of 141 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Interest rate spread (lending rate minus deposit rate, %) in Pakistan, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2004 | 5.6% | — |
| 2005 | 6.5% | +15.2% |
| 2006 | 6.8% | +5.2% |
| 2007 | 6.5% | -5.2% |
| 2008 | 6.0% | -6.8% |
| 2009 | 5.9% | -2.7% |
| 2010 | 5.9% | +0.7% |
| 2011 | 6.2% | +5.0% |
| 2012 | 5.5% | -10.5% |
| 2013 | 4.8% | -13.1% |
| 2014 | 4.5% | -7.3% |
| 2015 | 4.2% | -6.3% |
| 2016 | 3.9% | -6.3% |
| 2017 | 3.7% | -4.8% |
| 2018 | 3.3% | -11.4% |
| 2019 | 3.1% | -6.2% |
| 2020 | 3.3% | +5.9% |
| 2021 | 2.9% | -11.2% |
Pakistan compared with similar countries
- Pakistan's 2.9% is below the median for lower middle income countries, which is 6.3%, 46% of the median. (37 countries reporting)
- Pakistan's 2.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.3%, 88% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.2% | 5.6% | 6.8% | 6 |
| 2010s | 4.5% | 3.1% | 6.2% | 10 |
| 2020s | 3.1% | 2.9% | 3.3% | 2 |
Countries ranked near Pakistan
More financial sector data for Pakistan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0006 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0005 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0006 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Pakistan?
- Interest rate spread in Pakistan was 2.9% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Pakistan?
- The highest recorded value was 6.8% in 2006.
- What is the lowest interest rate spread recorded in Pakistan?
- The lowest recorded value was 2.9% in 2021.
- How does Pakistan rank for interest rate spread?
- Pakistan ranks 105th out of 141 countries with data for 2021.
- Is interest rate spread rising or falling in Pakistan?
- Over the last ten years it is down 52.9%. The long-run trend across the full record is falling.
- Where does this Pakistan data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.