Pakistan's total debt service (% of exports of goods, services and primary income) was 39.54% in 2024, the latest year in the World Bank's World Development Indicators. That is up 23.96 percentage points from 15.58% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 39.54% | 2024 |
| Five years earlier | 35.63% | 2019 |
| Ten years earlier | 15.58% | 2014 |
| Highest | 43.6% | 2023 |
| Lowest | 9.36% | 2011 |
| Average since 2015 | 30.66% | 2015–2024 |
| First recorded | 26.08% | 1976 |
What the numbers say
In 2024, Pakistan's total debt service (% of exports of goods, services and primary income) fell 4.06 percentage points on 2023 (from 43.6% to 39.54%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.51 percentage points and a typical year strayed about 7.05 percentage points from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 16.18 percentage points in 2019 and the biggest yearly fall was 15.62 percentage points in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 3.42 percentage points a year. A straight line explains 83% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Pakistan had the 10th highest value of the 109 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.
| Value | Year | |
|---|---|---|
| Pakistan | 39.54% | 2024 |
| Lower middle income | 14.54% | 2024 |
Closest to Pakistan in the 2024 ranking
- Papua New Guinea — 6th of 109: 43.34%
- Colombia — 7th of 109: 43%
- Senegal — 8th of 109: 41.81%
- Argentina — 10th of 109: 38.25%
- Uzbekistan — 11th of 109: 36.04%
- Mongolia — 12th of 109: 32.04%
What this measures
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 49 values
| Year | Total debt service (% of exports of goods, services and primary income) |
|---|---|
| 2024 | 39.54 |
| 2023 | 43.6 |
| 2022 | 42.05 |
| 2021 | 33.93 |
| 2020 | 39.52 |
| 2019 | 35.63 |
| 2018 | 19.46 |
| 2017 | 22.56 |
| 2016 | 15.8 |
| 2015 | 14.48 |
| 2014 |
Total debt service (% of exports of goods, services and primary income) in nearby economies
- Afghanistan — 2.67% (2020)
- Algeria — 0.8% (2024)
- Djibouti — 2.53% (2024)
- Egypt, Arab Rep. — 49.23% (2024)
- Iran, Islamic Rep. — 0.28% (2024)
- Iraq — 2.96% (2024)
- Jordan — 18.15% (2024)
- Lebanon — 21.05% (2024)
- Morocco
More economic policy & debt data for Pakistan
- Total reserves, including gold (current US$) — US$26.46 billion (2025)
- Total reserves, excluding gold (current US$) — US$17.36 billion (2025)
- General government final consumption expenditure (current US$) — US$37.97 billion (2025)
- General government final consumption expenditure (current LCU) — 10.61 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$38.17 billion (2025)
- General government final consumption expenditure (constant LCU) — 3.96 trillion (2025)
- General government final consumption expenditure (% of GDP) — 9.32% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$340.59 billion (2025)
Reading data like this
Questions people ask
- What is Pakistan's total debt service (% of exports of goods, services and primary income)?
- 39.54% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1976?
- It is up 13.47 percentage points from 26.08% in 1976. The highest value was 43.6% in 2023 and the lowest 9.36% in 2011.
- How does Pakistan rank?
- 10th highest of 109 economies with data for 2024.
- Is the latest change in total debt service (% of exports of goods, services and primary income) unusual for Pakistan?
- In 2024, Pakistan's total debt service (% of exports of goods, services and primary income) fell 4.06 percentage points on 2023 (from 43.6% to 39.54%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.51 percentage points and a typical year strayed about 7.05 percentage points from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.TDS.DECT.EX.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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.
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