External Debt in Pakistan

Pakistan External Debt | Economic News & Forecasts

Pakistan - External Debt

The economy remains on feeble footing. The rupee fell to record lows after the announcement of the IMF’s bailout package in May, which was accompanied by a push from the Fund for the Central Bank to adopt a more market-determined exchange rate. Moreover, merchandise exports contracted in March and April, while the latest data suggests the agricultural and industrial sectors continue to struggle. However, more positively, the current account deficit markedly improved in July 2018–April 2019. On the fiscal front, the government unveiled its FY 2020 budget on 11 June, which presented an ambitious revenue target, in an effort to shore up fiscal stability, while featuring other IMF-friendly policy adjustments, including the withdrawal of tax incentives for export sectors. The government also slashed its growth estimate for FY 2020 to the slowest rate since the global financial crisis.

Pakistan - External Debt Data

2013  2014  2015  2016  2017  
External Debt (% of GDP)26.3  26.7  24.1  26.5  27.4  

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Pakistan External Debt Chart


Pakistan External Debt
Note: External debt in USD bn.
Source: State Bank of Pakistan

Pakistan Facts

ValueChangeDate
Bond Yield14.090.0 %Jul 11
Exchange Rate158.8-0.05 %Jul 11

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