Pakistan Domestic Credit Growth

2009 - 2024 | Monthly | % | CEIC Data

Key information about Pakistan Domestic Credit Growth

  • Pakistan Domestic Credit increased 16.4 % YoY in Dec 2024, compared with an increase of 16.2 % YoY in the previous month
  • Pakistan Domestic Credit Growth YoY data is updated monthly
  • It averaged 14.4 %, available from Jun 2009 to Dec 2024
  • The data reached an all-time high of 27.6 % in Feb 2023 and a record low of 6.6 % in May 2021

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The State Bank of Pakistan provides Domestic Credit in local currency. Net Claims on General Government is used

View Pakistan's Domestic Credit Growth from Jun 2009 to Dec 2024 in the chart:

Pakistan Domestic Credit Growth

What was Pakistan's Domestic Credit Growth in Dec 2024?

Pakistan Domestic Credit increased 16.4 % YoY in Dec 2024, compared with an increase of 16.2 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
16.4 Dec 2024 16.2 Nov 2024 6.6 May 2021 27.6 Feb 2023 % monthly Jun 2009 - Dec 2024

Domestic Credit Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 8.5 Nov 2024 monthly Dec 2003 - Nov 2024
Algeria (%) 14.9 Nov 2024 monthly Dec 2002 - Nov 2024
Argentina (%) 115.0 Nov 2024 monthly Jan 1991 - Nov 2024
Armenia (%) 20.8 Nov 2024 monthly Dec 1994 - Nov 2024
Australia (%) -1.3 Nov 2024 monthly Dec 2002 - Nov 2024
Austria (%) 0.4 Nov 2024 monthly Jan 2000 - Nov 2024
Azerbaijan (%) -4.0 Nov 2024 monthly Dec 2002 - Nov 2024
Bahrain (%) 6.4 Nov 2024 monthly Sep 1992 - Nov 2024
Bangladesh (%) 9.1 Dec 2024 monthly Jul 1988 - Dec 2024
Belarus (%) 13.8 Dec 2024 monthly Dec 2007 - Dec 2024
Belgium (%) 0.7 Nov 2024 monthly Jan 2000 - Nov 2024
Bolivia (%) 6.3 Oct 2023 monthly Dec 2002 - Oct 2023
Bosnia and Herzegovina (%) 11.8 Dec 2024 monthly Aug 1998 - Dec 2024
Botswana (%) 27.4 Sep 2024 quarterly Dec 2005 - Sep 2024
Brazil (%) 6.8 Dec 2024 monthly Dec 2002 - Dec 2024
Brunei (%) 20.6 Jul 2024 monthly Jan 2000 - Jul 2024
Bulgaria (%) 18.5 Dec 2024 monthly Dec 1994 - Dec 2024
Cambodia (%) 2.2 Dec 2024 monthly Dec 1995 - Dec 2024
Canada (%) 3.6 Nov 2024 monthly Jan 1970 - Nov 2024
Chile (%) 5.5 Nov 2024 monthly Dec 1979 - Nov 2024
China (%) 8.4 Dec 2024 monthly Jun 2000 - Dec 2024
Colombia (%) 6.3 Jul 2024 monthly Jan 1994 - Jul 2024
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) -1.1 Dec 2024 monthly Nov 2006 - Dec 2024
Czech Republic (%) 9.7 Dec 2024 monthly Jan 2003 - Dec 2024
Denmark (%) -10.2 Nov 2024 monthly Dec 2002 - Nov 2024
Ecuador (%) 5.1 Dec 2024 monthly Jan 2007 - Dec 2024
Egypt (%) 34.4 Dec 2024 monthly Jan 1997 - Dec 2024
Estonia (%) 6.5 Nov 2024 monthly Jun 1993 - Nov 2024
European Union (%) 0.7 Nov 2024 monthly Sep 1998 - Nov 2024
Finland (%) -2.9 Nov 2024 monthly Jan 2000 - Nov 2024
France (%) 1.7 Nov 2024 monthly Jan 2000 - Nov 2024
Georgia (%) 20.8 Nov 2024 monthly Oct 1996 - Nov 2024
Germany (%) -2.2 Nov 2024 monthly Jan 2000 - Nov 2024
Ghana (%) 18.8 Nov 2024 monthly Jan 1968 - Nov 2024
Greece (%) 1.7 Nov 2024 monthly Jan 2002 - Nov 2024
Hong Kong SAR, China (%) -0.2 Oct 2024 monthly Dec 1991 - Oct 2024
Hungary (%) 10.3 Dec 2024 monthly Jan 1999 - Dec 2024
Iceland (%) 9.9 Dec 2024 monthly Sep 1994 - Dec 2024
India (%) 11.5 Nov 2024 monthly Mar 2000 - Nov 2024
Indonesia (%) 5.7 Dec 2024 monthly Jan 2005 - Dec 2024
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) 4.7 Nov 2024 monthly Jan 2000 - Nov 2024
Israel (%) 12.9 Nov 2024 monthly Dec 2000 - Nov 2024
Italy (%) 3.1 Nov 2024 monthly Jan 2000 - Nov 2024
Ivory Coast (%) 12.4 Dec 2024 monthly Jan 1965 - Dec 2024
Japan (%) 1.7 Nov 2024 monthly Apr 2004 - Nov 2024
Jordan (%) 3.0 Dec 2023 monthly Jan 2003 - Dec 2023
Kazakhstan (%) 17.3 Jan 2025 monthly Dec 2002 - Jan 2025
Kenya (%) 2.3 Sep 2024 monthly Dec 1996 - Sep 2024
South Korea (%) 5.7 Dec 2024 monthly Dec 2002 - Dec 2024
Kosovo (%) 18.0 Dec 2024 monthly Nov 2008 - Dec 2024
Kuwait (%) 4.7 Dec 2024 monthly Jan 1995 - Dec 2024
Kyrgyzstan (%) 47.2 Dec 2024 monthly Dec 2003 - Dec 2024
Laos (%) 21.3 Sep 2024 quarterly Dec 1992 - Sep 2024
Latvia (%) 1.4 Nov 2024 monthly Jul 2004 - Nov 2024
Lebanon (%) 2.2 Jan 2018 monthly Mar 1966 - Jan 2018
Lithuania (%) 10.0 Nov 2024 monthly Dec 1994 - Nov 2024
Luxembourg (%) 2.3 Nov 2024 monthly Jan 2000 - Nov 2024
Macau SAR, China (%) -11.1 Nov 2024 monthly Jun 1985 - Nov 2024
North Macedonia (%) 9.8 Jan 2025 monthly Jan 2004 - Jan 2025
Malawi (%) 50.5 Nov 2024 monthly Jan 1976 - Nov 2024
Malaysia (%) 4.5 Dec 2024 monthly Jan 1988 - Dec 2024
Malta (%) 7.7 Dec 2024 monthly Jan 2009 - Dec 2024
Mauritius (%) 13.7 Dec 2024 monthly Jun 2006 - Dec 2024
Mexico (%) 9.2 Nov 2024 monthly Dec 2002 - Nov 2024
Moldova (%) 18.5 Dec 2024 monthly Jan 2001 - Dec 2024
Mongolia (%) 21.4 Dec 2024 monthly Dec 1993 - Dec 2024
Montenegro (%) 2.4 Dec 2024 monthly Jan 2006 - Dec 2024
Morocco (%) 7.2 Dec 2024 monthly Dec 2002 - Dec 2024
Mozambique (%) 12.5 Nov 2024 monthly Dec 2002 - Nov 2024
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 4.8 Jan 2025 monthly Jan 2002 - Jan 2025
Netherlands (%) -3.4 Nov 2024 monthly Dec 2002 - Nov 2024
New Zealand (%) 2.2 Dec 2024 monthly Mar 1989 - Dec 2024
Nigeria (%) 35.4 Nov 2024 monthly Nov 1993 - Nov 2024
Norway (%) 3.2 Dec 2024 monthly Dec 1986 - Dec 2024
Oman (%) 3.7 Nov 2024 monthly Dec 2000 - Nov 2024
Pakistan (%) 16.4 Dec 2024 monthly Jun 2009 - Dec 2024
Palestinian Territory (%) -0.2 Dec 2024 monthly Dec 1999 - Dec 2024
Panama (%) 5.3 Nov 2024 monthly Dec 2002 - Nov 2024
Paraguay (%) 16.7 Oct 2024 monthly Dec 2002 - Oct 2024
Peru (%) 2.8 Dec 2024 monthly Jan 1993 - Dec 2024
Philippines (%) 10.4 Dec 2024 monthly Dec 2002 - Dec 2024
Poland (%) 5.3 Dec 2024 monthly Dec 1997 - Dec 2024
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 3.5 Dec 2024 monthly Jan 2008 - Dec 2024
Romania (%) 15.1 Dec 2024 monthly Dec 2005 - Dec 2024
Russia (%) 19.6 Dec 2024 monthly Dec 2001 - Dec 2024
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) 9.8 Dec 2024 monthly Dec 2004 - Dec 2024
Singapore (%) 6.3 Dec 2024 monthly Mar 2005 - Dec 2024
Slovakia (%) 1.4 Nov 2024 monthly Jan 2007 - Nov 2024
Slovenia (%) 4.8 Nov 2024 monthly Jan 2005 - Nov 2024
South Africa (%) 4.6 Dec 2024 monthly Mar 1966 - Dec 2024
Spain (%) -0.4 Nov 2024 monthly Jan 2000 - Nov 2024
Sri Lanka (%) 4.0 Dec 2024 monthly Jan 1997 - Dec 2024
Sudan (%) 82.5 Dec 2022 quarterly Mar 2003 - Dec 2022
Sweden (%) -3.5 Nov 2024 monthly Dec 2002 - Nov 2024
Switzerland (%) 2.4 Dec 2024 monthly Dec 1988 - Dec 2024

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Pakistan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.7 2024 yearly 2000 - 2024
Consolidated Fiscal Balance (USD mn) -13,794.405 2024 yearly 1991 - 2024
Tax Revenue (USD mn) 21,835.938 Dec 2024 quarterly Sep 2000 - Dec 2024
Tax Revenue: % of GDP (%) 5.7 2024 yearly 2000 - 2024
Government Debt: % of GDP (%) 65.2 2024 yearly 2000 - 2024
Forecast: Government Expenditure (PKR bn) 34,964.514 2029 yearly 1993 - 2029
Forecast: Government Net Debt (PKR bn) 114,236.604 2029 yearly 1994 - 2029
Forecast: Government Revenue (PKR bn) 29,651.120 2029 yearly 1980 - 2029
CG Revenue: ytd: Tax (PKR mn) 6,067,480.000 Dec 2024 quarterly Sep 2000 - Dec 2024
Consolidated Govt (CG) Revenue: ytd (PKR mn) 9,763,762.000 Dec 2024 quarterly Sep 2000 - Dec 2024
Consolidated Govt Revenue: Tax: Federal: Direct Tax (PKR mn) 3,264,705.000 2024 yearly 2016 - 2024
Consolidated Govt (CG) Expenditure: ytd (PKR mn) 11,301,653.000 Dec 2024 quarterly Sep 2000 - Dec 2024
CG Expenditure: ytd: Current (PKR mn) 10,118,257.000 Dec 2024 quarterly Sep 2000 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.318 2029 yearly 1980 - 2029
Trade Balance (USD mn) -2,475.2 Dec 2024 monthly Jan 1968 - Dec 2024
Total Exports (USD mn) 2,918.8 Dec 2024 monthly Jan 1996 - Dec 2024
Total Exports Growth (%) 1.5 Dec 2024 monthly Dec 1988 - Dec 2024
Aluminum: Exports (USD th) 73,647.830 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 229,266.745 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,879.761 2022 yearly 1995 - 2022
Total Imports (USD mn) 4,518.2 Nov 2024 monthly Jan 1996 - Nov 2024
Total Imports Growth (%) -3.1 Nov 2024 monthly Dec 1988 - Nov 2024
Imports: Medicament (USD th) 322,961.887 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,291,292.991 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 579.752 Jun 2022 monthly Jan 1969 - Jun 2022
Total Imports from USA (USD mn) 185.170 Dec 2024 monthly Jan 2006 - Dec 2024
Total Exports to China (USD mn) 233.276 Dec 2024 monthly Jan 2006 - Dec 2024
Total Imports from China (USD mn) 1,265.329 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Petroleum & Coal (PKR mn) 9,720.000 Dec 2024 monthly Sep 1999 - Dec 2024
Trade Balance: USD (USD mn) -3,192.00 Jul 2018 monthly Jan 1996 - Jul 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -9.0 Dec 2024 quarterly Sep 2002 - Dec 2024
Current Account Balance (USD mn) 1,504.0 Dec 2024 quarterly Mar 1976 - Dec 2024
Current Account Balance: % of GDP (%) -0.5 2024 yearly 1977 - 2024
Foreign Direct Investment (USD mn) 169.8 Dec 2024 monthly Jul 1997 - Dec 2024
Foreign Direct Investment: % of GDP (%) 0.6 2024 yearly 1977 - 2024
Foreign Portfolio Investment (USD mn) -213.000 Dec 2024 quarterly Sep 2002 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -0.1 2024 yearly 2003 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -198.0 Dec 2024 quarterly Sep 2002 - Dec 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -15.000 Dec 2024 quarterly Sep 2002 - Dec 2024
External Debt (USD mn) 133,455.2 Sep 2024 quarterly Jun 2006 - Sep 2024
External Debt: % of GDP (%) 35.1 2024 yearly 2000 - 2024
External Debt: Short Term (USD mn) 3,477.5 Sep 2024 quarterly Jun 2006 - Sep 2024
External Debt: Short Term: % of GDP (%) 0.9 2024 yearly 2006 - 2024
Forecast: Current Account Balance (USD bn) -0.665 2024 yearly 1980 - 2024
Net International Investment Position (USD mn) -130,551.194 Sep 2024 quarterly Mar 2009 - Sep 2024
BoP: Cr: CA: GS: Goods (USD mn) 8,827.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Credit: Current Account (CA) (USD mn) 20,774.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Errors and Omissions (USD mn) 13.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Capital Account (CP) (USD mn) 24.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Debit: Current Account (CA) (USD mn) 19,466.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) -213.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: CA: Primary Income (PI) (USD mn) -2,480.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Cr: Capital Account (CP) (USD mn) 32.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Dr: CA: GS: Goods (USD mn) 13,607.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: CA: Secondary Income (USD mn) 9,472.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Portfolio Investment: Assets (USD mn) 0.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Other Investment (OI): Liabilities (USD mn) -67.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Other Investment (OI) (USD mn) 529.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Financial Account (FA) (USD mn) 213.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: CA: GS: Goods (USD mn) -4,780.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Direct Investment: Assets (USD mn) -25.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: CA: GS: Services (USD mn) -708.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Cr: CA: GS: Services (USD mn) 2,146.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Cr: CA: Primary Income (PI) (USD mn) 232.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Financial Derivatives & Employee Stock Options (USD mn) 1.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Dr: CA: Primary Income (PI) (USD mn) 2,751.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Financial Account (FA): Liabilities (USD mn) 11.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Dr: Capital Account (CP) (USD mn) 8.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Direct Investment (USD mn) -583.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Reserve Assets (RA) (USD mn) 1,131.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Other Investment (OI): Assets (USD mn) 462.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Dr: CA: GS: Services (USD mn) 2,854.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Financial Account (FA): Assets (USD mn) 1,525.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: FA: Portfolio Investment (USD mn) 213.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Dr: CA: Secondary Income (USD mn) 161.000 Dec 2024 quarterly Sep 2002 - Dec 2024
BoP: Cr: CA: Secondary Income (USD mn) 9,672.000 Dec 2024 quarterly Sep 2002 - Dec 2024
IIP: Assets (USD mn) 24,765.385 2023 yearly 2014 - 2023
International Investment Position (IIP): Net (USD mn) -129,937.808 2023 yearly 2014 - 2023
IIP: Liabilities (USD mn) 154,703.192 2023 yearly 2014 - 2023
External Debt: Private Sector (USD mn) 12,373.735 Sep 2024 quarterly Jun 2006 - Sep 2024
External Debt: Public (USD mn) 100,619.377 Sep 2024 quarterly Jun 2006 - Sep 2024
Workers' Remittances (USD mn) 3,002.372 Jan 2025 monthly Jul 1972 - Jan 2025
Foreign Investment: Direct Investment: Hong Kong (USD mn) 30.902 Dec 2024 monthly Jul 2001 - Dec 2024
Foreign Investment: Direct Investment: Outflow: United States (USD mn) 1.455 Dec 2024 monthly Jul 2012 - Dec 2024
Foreign Investment: Direct Investment: Switzerland (USD mn) 16.799 Dec 2024 monthly Jul 2001 - Dec 2024
Foreign Investment: Direct Investment: Italy (USD mn) -0.161 Dec 2024 monthly Jul 2011 - Dec 2024
Foreign Investment: Direct Investment: Outflow: China (USD mn) 3.885 Dec 2024 monthly Jul 2012 - Dec 2024
Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn) 2.101 Dec 2024 monthly Jul 2012 - Dec 2024
Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn) 0.367 Dec 2024 monthly Jul 2012 - Dec 2024
Foreign Investment: Direct Investment: United Kingdom (USD mn) 20.146 Dec 2024 monthly Jul 2001 - Dec 2024
Foreign Investment: Direct Investment: United States (USD mn) 7.890 Dec 2024 monthly Jul 2001 - Dec 2024
Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn) 0.411 Dec 2024 monthly Jul 2012 - Dec 2024
FDI: Chemicals (USD mn) 0.905 Nov 2024 monthly Jul 2001 - Nov 2024
FDI: Tobacco & Cigarettes (USD mn) 7.021 Nov 2024 monthly Jul 2001 - Nov 2024
FDI: Food (USD mn) 3.669 Nov 2024 monthly Jul 2001 - Nov 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 8.4 Sep 2024 quarterly Mar 2006 - Sep 2024
Non-Performing Loans (USD mn) 3,664.970 Jun 2024 quarterly Sep 2003 - Jun 2024
Money Supply M1 (USD mn) 41,590.500 Dec 2024 monthly Jul 1991 - Dec 2024
Money Supply M2 (USD mn) 127,808.974 Dec 2024 monthly Jan 1988 - Dec 2024
M2 Growth (%) 8.0 Dec 2024 monthly Jan 1989 - Dec 2024
Reserve Requirement Ratio (%) 5.0 Jan 2025 monthly Jul 2006 - Jan 2025
Foreign Exchange Reserves (USD mn) 15,927.4 Dec 2024 monthly Jan 1959 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 5.000 Jan 2025 monthly Jul 2006 - Jan 2025
Foreign Exchange Reserves: Months of Import (NA) 3.0 Dec 2024 monthly Jan 1996 - Dec 2024
Gold Reserves (USD mn) 5,434.238 Dec 2024 monthly Dec 1956 - Dec 2024
Total Deposits (USD mn) 96,876.180 2023 yearly 1997 - 2023
Total Deposits Growth (%) 23.8 2023 yearly 1998 - 2023
Domestic Credit (USD mn) 168,684.1 Dec 2024 monthly Jun 2008 - Dec 2024
Domestic Credit Growth (%) 16.4 Dec 2024 monthly Jun 2009 - Dec 2024
Total Loans (USD mn) 56,026.600 Dec 2024 monthly Sep 2007 - Dec 2024
Total Loans Growth (%) 29.82 Dec 2024 monthly Sep 2008 - Dec 2024
Private Debt: % of Nominal GDP (%) 8.02 2024 yearly 2005 - 2024
Money Supply M0: Reserve Money (PKR mn) 11,578,978.151 Dec 2024 monthly Jan 2005 - Dec 2024
ORA: Gold Including Gold Deposits and Gold Swapped (USD mn) 2,711.52 May 2018 monthly Oct 2003 - May 2018
ORA: Foreign Currency Reserves (FCR) (USD mn) 7,745.734 Dec 2024 monthly Oct 2003 - Dec 2024

More Indicators for Pakistan

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