Private credit by deposit money banks to GDP in Pakistan

Pakistan: Private credit by deposit money banks to GDP was 15.4% in 2021. ▼ Falling

Latest (2021)
15.4%
Change on year
down 9.5%
World rank
155th
of 187 countries
All-time high
29.8%
in 1986
All-time low
11.0%
in 1960
Years of data
62
1960–2021

Private credit by deposit money banks to GDP in Pakistan, 1960–2021

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Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for private credit by deposit money banks to gdp in Pakistan is 15.4%, measured in 2021.

The figure is down 9.5% on the previous year and down 14.7% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Pakistan peaked at 29.8% in 1986 and was at its lowest, 11.0%, in 1960.

Pakistan ranks 155th of 187 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 62 years of available data.

Private credit by deposit money banks to GDP in Pakistan, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Pakistan, 1960 to 2021.
Year % Change
1960 11.0%
1961 11.4% +3.8%
1962 14.8% +29.7%
1963 17.3% +16.3%
1964 21.3% +23.4%
1965 22.0% +3.4%
1966 25.6% +16.1%
1967 25.3% -1.0%
1968 25.2% -0.4%
1969 25.1% -0.7%
1970 25.0% -0.1%
1971 24.7% -1.4%
1972 28.0% +13.7%
1973 25.9% -7.6%
1974 20.0% -22.8%
1975 18.8% -5.9%
1976 21.2% +12.8%
1977 22.1% +4.1%
1978 20.9% -5.5%
1979 23.2% +11.0%
1980 21.6% -6.8%
1981 21.7% +0.3%
1982 22.1% +2.2%
1983 23.9% +8.0%
1984 24.2% +1.3%
1985 27.8% +14.7%
1986 29.8% +7.2%
1987 27.6% -7.2%
1988 26.4% -4.6%
1989 24.9% -5.5%
1990 24.2% -3.0%
1991 22.2% -7.9%
1992 23.5% +5.7%
1993 24.4% +3.8%
1994 23.8% -2.3%
1995 24.2% +1.6%
1996 24.7% +2.0%
1997 24.6% -0.2%
1998 25.1% +1.9%
1999 25.5% +1.4%
2000 20.1% -20.9%
2001 19.8% -1.6%
2002 19.6% -1.0%
2003 22.3% +13.8%
2004 26.1% +17.1%
2005 26.1% +0.0%
2006 26.8% +2.4%
2007 27.7% +3.6%
2008 28.6% +3.1%
2009 22.6% -20.9%
2010 21.3% -5.9%
2011 18.0% -15.3%
2012 16.8% -6.6%
2013 16.0% -4.9%
2014 15.5% -3.3%
2015 15.3% -1.2%
2016 16.4% +7.2%
2017 17.0% +3.6%
2018 18.8% +10.4%
2019 18.0% -4.3%
2020 17.0% -5.3%
2021 15.4% -9.5%

Pakistan compared with similar countries

  • Pakistan's 15.4% is below the median for lower middle income countries, which is 22.2%, 69% of the median. (46 countries reporting)
  • Pakistan's 15.4% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.4%, 24% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 19.9% 11.0% 25.6% 10
1970s 23.0% 18.8% 28.0% 10
1980s 25.0% 21.6% 29.8% 10
1990s 24.2% 22.2% 25.5% 10
2000s 24.0% 19.6% 28.6% 10
2010s 17.3% 15.3% 21.3% 10
2020s 16.2% 15.4% 17.0% 2

Countries ranked near Pakistan

  1. 152 Madagascar 17.4% compare
  2. 153 Papua New Guinea 15.6% compare
  3. 154 Benin 15.5% compare
  4. 156 Argentina 15.4% compare
  5. 157 Comoros 15.4% compare
  6. 158 Guinea-Bissau 15.4% compare

See the full ranking of 187 places →

More financial sector data for Pakistan

All data for Pakistan →

Frequently asked questions

What is private credit by deposit money banks to gdp in Pakistan?
Private credit by deposit money banks to gdp in Pakistan was 15.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks to gdp recorded in Pakistan?
The highest recorded value was 29.8% in 1986.
What is the lowest private credit by deposit money banks to gdp recorded in Pakistan?
The lowest recorded value was 11.0% in 1960.
How does Pakistan rank for private credit by deposit money banks to gdp?
Pakistan ranks 155th out of 187 countries with data for 2021.
Is private credit by deposit money banks to gdp rising or falling in Pakistan?
Over the last ten years it is down 14.7%. The long-run trend across the full record is falling.
Where does this Pakistan data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks to GDP in Pakistan. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/pakistan/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).