Money market Rate, Percent per annum in Pakistan
Pakistan: Money market Rate, Percent per annum was 7.27 in 2021. ▲ Rising
Money market Rate, Percent per annum in Pakistan, 1964–2021
Source: International Monetary Fund.
Analysis
The most recent figure for money market rate, percent per annum in Pakistan is 7.27, measured in 2021.
The figure is down 15.2% on the previous year and down 41.7% over ten years.
Over the whole period, money market rate, percent per annum in Pakistan peaked at 12.47 in 2011 and was at its lowest, 2.14, in 2003.
Pakistan ranks 23rd of 94 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 58 years of available data.
Money market Rate, Percent per annum in Pakistan, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 3.58 | — |
| 1965 | 5.86 | +64.0% |
| 1966 | 4.7 | -19.7% |
| 1967 | 6.57 | +39.6% |
| 1968 | 6.24 | -5.0% |
| 1969 | 5.39 | -13.6% |
| 1970 | 5.5 | +2.0% |
| 1971 | 6.59 | +19.9% |
| 1972 | 5.34 | -19.1% |
| 1973 | 6.51 | +22.1% |
| 1974 | 10.33 | +58.6% |
| 1975 | 9.86 | -4.5% |
| 1976 | 9.37 | -5.1% |
| 1977 | 10.87 | +16.0% |
| 1978 | 10.41 | -4.2% |
| 1979 | 8.82 | -15.2% |
| 1980 | 8.63 | -2.2% |
| 1981 | 9.27 | +7.5% |
| 1982 | 9.51 | +2.6% |
| 1983 | 8.15 | -14.3% |
| 1984 | 8.97 | +10.1% |
| 1985 | 8.13 | -9.4% |
| 1986 | 6.59 | -18.9% |
| 1987 | 6.25 | -5.2% |
| 1988 | 6.32 | +1.0% |
| 1989 | 6.3 | -0.2% |
| 1990 | 7.29 | +15.7% |
| 1991 | 7.64 | +4.7% |
| 1992 | 7.51 | -1.7% |
| 1993 | 11 | +46.5% |
| 1994 | 8.36 | -24.0% |
| 1995 | 11.52 | +37.8% |
| 1996 | 11.4 | -1.1% |
| 1997 | 12.1 | +6.1% |
| 1998 | 10.76 | -11.0% |
| 1999 | 9.04 | -16.0% |
| 2000 | 8.57 | -5.2% |
| 2001 | 8.49 | -0.9% |
| 2002 | 5.53 | -34.9% |
| 2003 | 2.14 | -61.3% |
| 2004 | 2.7 | +26.4% |
| 2005 | 6.83 | +152.8% |
| 2006 | 8.89 | +30.1% |
| 2007 | 9.3 | +4.6% |
| 2008 | 12.33 | +32.6% |
| 2009 | 11.96 | -3.0% |
| 2010 | 11.69 | -2.2% |
| 2011 | 12.47 | +6.7% |
| 2012 | 10.45 | -16.2% |
| 2013 | 8.81 | -15.8% |
| 2014 | 9.24 | +5.0% |
| 2015 | 6.98 | -24.5% |
| 2016 | 5.85 | -16.2% |
| 2017 | 5.82 | -0.5% |
| 2018 | 7.17 | +23.2% |
| 2019 | 11.52 | +60.7% |
| 2020 | 8.58 | -25.5% |
| 2021 | 7.27 | -15.2% |
Pakistan compared with similar countries
- Pakistan's 7.27 is above the median for lower middle income countries, which is 5.09, 1.4× the median. (19 countries reporting)
- Pakistan's 7.27 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.81, 1.9× the median. (9 countries reporting)
Biggest year-on-year movements
Years where Money market Rate, Percent per annum 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 |
|---|---|---|---|
| 2005 | +152.8% | 2.7 | 6.83 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.39 | 3.58 | 6.57 | 6 |
| 1970s | 8.36 | 5.34 | 10.87 | 10 |
| 1980s | 7.81 | 6.25 | 9.51 | 10 |
| 1990s | 9.66 | 7.29 | 12.1 | 10 |
| 2000s | 7.68 | 2.14 | 12.33 | 10 |
| 2010s | 9 | 5.82 | 12.47 | 10 |
| 2020s | 7.92 | 7.27 | 8.58 | 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 money market rate, percent per annum in Pakistan?
- Money market rate, percent per annum in Pakistan was 7.27 in 2021, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Pakistan?
- The highest recorded value was 12.47 in 2011.
- What is the lowest money market rate, percent per annum recorded in Pakistan?
- The lowest recorded value was 2.14 in 2003.
- How does Pakistan rank for money market rate, percent per annum?
- Pakistan ranks 23rd out of 94 countries with data for 2021.
- Is money market rate, percent per annum rising or falling in Pakistan?
- Over the last ten years it is down 41.7%. The long-run trend across the full record is rising.
- Where does this Pakistan data come from?
- The figures come from International Monetary Fund, published as part of Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.