Lending interest rate in Pakistan

Pakistan: Lending interest rate was 8.7% in 2021. ▼ Falling

Latest (2021)
8.7%
Change on year
down 19.4%
World rank
70th
of 148 countries
All-time high
14.5%
in 2009
All-time low
7.3%
in 2004
Years of data
18
2004–2021

Lending interest rate in Pakistan, 2004–2021

0510152004201220212004: 7.3 %2005: 9.1 %2006: 11 %2007: 11.8 %2008: 12.9 %2009: 14.5 %2010: 14 %2011: 14.4 %2012: 13.5 %2013: 12 %2014: 11.7 %2015: 10.2 %2016: 8.8 %2017: 8.2 %2018: 8.5 %2019: 12.2 %2020: 10.8 %2021: 8.7 %

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

Analysis

Pakistan recorded 8.7% for lending interest rate in 2021.

The figure is down 19.4% on the previous year and down 39.9% over ten years.

Over the whole period, lending interest rate in Pakistan peaked at 14.5% in 2009 and was at its lowest, 7.3%, in 2004.

Pakistan ranks 70th of 148 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.1% 7.3% 14.5% 6
2010s 11.4% 8.2% 14.4% 10
2020s 9.7% 8.7% 10.8% 2

Countries ranked near Pakistan

  1. 67 Mauritius 9.0% compare
  2. 68 Moldova 9.0% compare
  3. 69 Mexico 8.8% compare
  4. 71 Bangladesh 8.6% compare
  5. 72 Croatia 8.6% compare
  6. 73 India 8.6% compare

See the full ranking of 148 places →

More financial sector data for Pakistan

All data for Pakistan →

Frequently asked questions

What is lending interest rate in Pakistan?
Lending interest rate in Pakistan was 8.7% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Pakistan?
The highest recorded value was 14.5% in 2009.
What is the lowest lending interest rate recorded in Pakistan?
The lowest recorded value was 7.3% in 2004.
How does Pakistan rank for lending interest rate?
Pakistan ranks 70th out of 148 countries with data for 2021.
Is lending interest rate rising or falling in Pakistan?
Over the last ten years it is down 39.9%. The long-run trend across the full record is falling.
Where does this Pakistan data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.