Risk premium on lending in Pakistan

Pakistan: Risk premium on lending was 1.1% in 2021. ◆ Volatile

Latest (2021)
1.1%
Change on year
down 48.8%
World rank
77th
of 86 countries
All-time high
4.8%
in 2004
All-time low
-1.1%
in 2019
Years of data
17
2004–2021

Risk premium on lending in Pakistan, 2004–2021

-20242004201220212004: 4.8 lending rate minus treasury bill rate, %2005: 1.9 lending rate minus treasury bill rate, %2006: 2.4 lending rate minus treasury bill rate, %2007: 2.8 lending rate minus treasury bill rate, %2008: 1.6 lending rate minus treasury bill rate, %2009: 2 lending rate minus treasury bill rate, %2010: 1.5 lending rate minus treasury bill rate, %2011: 1.3 lending rate minus treasury bill rate, %2012: 2.5 lending rate minus treasury bill rate, %2013: 2.7 lending rate minus treasury bill rate, %2014: 1.8 lending rate minus treasury bill rate, %2015: 3 lending rate minus treasury bill rate, %2016: 2.8 lending rate minus treasury bill rate, %2017: 2.2 lending rate minus treasury bill rate, %2019: -1.1 lending rate minus treasury bill rate, %2020: 2.1 lending rate minus treasury bill rate, %2021: 1.1 lending rate minus treasury bill rate, %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.

Analysis

Pakistan recorded 1.1% for risk premium on lending in 2021.

That represents a change of down 48.8% on the previous year and down 17.2% over ten years.

Over the whole period, risk premium on lending in Pakistan peaked at 4.8% in 2004 and was at its lowest, -1.1%, in 2019.

Pakistan ranks 77th of 86 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Risk premium on lending in Pakistan, year by year

Annual values for Risk premium on lending (lending rate minus treasury bill rate, %) in Pakistan, 2004 to 2021.
Year lending rate minus treasury bill rate, % Change
2004 4.8%
2005 1.9% -60.4%
2006 2.4% +29.5%
2007 2.8% +13.6%
2008 1.6% -43.5%
2009 2.0% +28.6%
2010 1.5% -25.9%
2011 1.3% -12.8%
2012 2.5% +93.6%
2013 2.7% +5.5%
2014 1.8% -30.9%
2015 3.0% +65.1%
2016 2.8% -8.9%
2017 2.2% -20.1%
2019 -1.1% -147.9%
2020 2.1% -299.3%
2021 1.1% -48.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.6% 1.6% 4.8% 6
2010s 1.9% -1.1% 3.0% 9
2020s 1.6% 1.1% 2.1% 2

Countries ranked near Pakistan

  1. 74 Japan 1.2% compare
  2. 75 Bahamas 1.2% compare
  3. 76 Uruguay 1.1% compare
  4. 78 Mexico 0.7% compare
  5. 79 Libya 0.6%
  6. 80 United Kingdom of Great Britain and Northern Ireland 0.1% compare

See the full ranking of 86 places →

More financial sector data for Pakistan

All data for Pakistan →

Frequently asked questions

What is risk premium on lending in Pakistan?
Risk premium on lending in Pakistan was 1.1% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest risk premium on lending recorded in Pakistan?
The highest recorded value was 4.8% in 2004.
What is the lowest risk premium on lending recorded in Pakistan?
The lowest recorded value was -1.1% in 2019.
How does Pakistan rank for risk premium on lending?
Pakistan ranks 77th out of 86 countries with data for 2021.
Is risk premium on lending rising or falling in Pakistan?
Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
Where does this Pakistan data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.

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Risk premium on lending in Pakistan. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 07 September 2026, from https://financial-sector.statizoid.com/stat/risk-premium-on-lending-lending-rate-minus-treasury-bill-rate-percent/pakistan/

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About this data

Indicator
Risk premium on lending (lending rate minus treasury bill rate, %)
Unit
lending rate minus treasury bill rate, %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,478 data points, 1960–2025
Last refreshed

Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.