Interest rate spread in Pakistan
Pakistan: Interest rate spread 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 104th 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 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% |
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
- Net domestic credit (current LCU), per capita 219,254 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 137.38 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.73 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 72.88 million SDR (2025)
- Gold reserves at market value 6.64 billion SDR (2025)
- Reserves excluding gold, foreign exchange 12.50 billion SDR (2025)
- Reserves excluding gold 12.68 billion SDR (2025)
- Total reserves (gold at market value) 19.32 billion SDR (2025)
- Total reserves (gold at national valuation) 19.32 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 75.69 SDR per person (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 104th 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.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.