Pakistan's deposit interest rate (%) was 5.75% in 2021, the latest year in the World Bank's World Development Indicators. That is down 2.47 percentage points from 8.23% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 5.75% | 2021 |
| Five years earlier | 4.83% | 2016 |
| Ten years earlier | 8.23% | 2011 |
| Highest | 9.13% | 2019 |
| Lowest | 1.63% | 2004 |
| Average since 2012 | 6.53% | 2012–2021 |
| First recorded | 1.63% | 2004 |
What the numbers say
In 2021, Pakistan's deposit interest rate (%) fell 1.72 percentage points on 2020 (from 7.47% to 5.75%).
Across the 16 yearly changes before that (2005 to 2020), the average change was +0.37 percentage points and a typical year strayed about 1.44 percentage points from that (the standard deviation). This year's change was 1.5 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 3.91 percentage points in 2019 and the biggest yearly fall was 1.72 percentage points in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Pakistan had the 2nd highest value of the 10 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Pakistan in the 2021 ranking
- Mongolia — 1st of 10: 6.6%
- Benin — 3rd of 10: 5.3%
- Burkina Faso — 4th of 10: 5.3%
- Oman — 5th of 10: 4.15%
What this measures
Deposit interest rate is the 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. This indicator is expressed as a percentage (a÷b)*100.
Limitations: Countries use a variety of reporting formats, sample designs, interest compounding formulas, averaging methods, and data presentations for indices and other data series on interest rates. The IMF's Monetary and Financial Statistics Manual does not provide guidelines beyond the general recommendation that such data should reflect market prices and effective (rather than nominal) interest rates and should be representative of the financial assets and markets to be covered. For more information, please see http://www.imf.org/external/pubs/ft/mfs/manual/index.htm.
All 18 values
| Year | Deposit interest rate (%) |
|---|---|
| 2021 | 5.75 |
| 2020 | 7.47 |
| 2019 | 9.13 |
| 2018 | 5.23 |
| 2017 | 4.48 |
| 2016 | 4.83 |
| 2015 | 5.97 |
| 2014 | 7.27 |
| 2013 | 7.17 |
| 2012 | 7.98 |
| 2011 |
Deposit interest rate (%) in nearby economies
More financial sector data for Pakistan
- Domestic credit to private sector by banks (% of GDP) — 10.68% (2025)
- Net domestic credit (current LCU) — 55.96 trillion (2025)
- Net foreign assets (current LCU) — -249.12 billion (2025)
- Monetary sector credit to private sector (% of GDP) — 10.73% (2025)
- Broad money (current LCU) — 46.53 trillion (2025)
- Broad money (% of GDP) — 40.88% (2025)
- Broad money to total reserves ratio — 6.29 (2025)
- Consumer price index (2010 = 100) — 400.52 (2025)
- Inflation, consumer prices (annual % growth) — 3.55% (2025)
- Claims on central government, etc. (% of GDP)
Reading data like this
Questions people ask
- What is Pakistan's deposit interest rate (%)?
- 5.75% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 2004?
- It is up 4.12 percentage points from 1.63% in 2004. The highest value was 9.13% in 2019 and the lowest 1.63% in 2004.
- How does Pakistan rank?
- 2nd highest of 10 economies with data for 2021.
- Is the latest change in deposit interest rate (%) unusual for Pakistan?
- In 2021, Pakistan's deposit interest rate (%) fell 1.72 percentage points on 2020 (from 7.47% to 5.75%). Across the 16 yearly changes before that (2005 to 2020), the average change was +0.37 percentage points and a typical year strayed about 1.44 percentage points from that (the standard deviation). This year's change was 1.5 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator FR.INR.DPST, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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