Pakistan Domestic Credit Growth

2009 - 2024 | Monthly | % | CEIC Data

Key information about Pakistan Domestic Credit Growth

  • Pakistan Domestic Credit increased 17.8 % YoY in Oct 2024, compared with an increase of 16.1 % YoY in the previous month
  • Pakistan Domestic Credit Growth YoY data is updated monthly
  • It averaged 14.4 %, available from Jun 2009 to Oct 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 Oct 2024 in the chart:

Pakistan Domestic Credit Growth

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

Pakistan Domestic Credit increased 17.8 % YoY in Oct 2024, compared with an increase of 16.1 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
17.8 Oct 2024 16.1 Sep 2024 6.6 May 2021 27.6 Feb 2023 % monthly Jun 2009 - Oct 2024

Domestic Credit Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 9.6 Oct 2024 monthly Dec 2003 - Oct 2024
Algeria (%) 12.6 Jul 2024 monthly Dec 2002 - Jul 2024
Argentina (%) 162.2 Aug 2024 monthly Jan 1991 - Aug 2024
Armenia (%) 21.8 Aug 2024 monthly Dec 1994 - Aug 2024
Australia (%) -1.1 Sep 2024 monthly Dec 2002 - Sep 2024
Austria (%) -1.7 Aug 2024 monthly Jan 2000 - Aug 2024
Azerbaijan (%) 0.4 Aug 2024 monthly Dec 2002 - Aug 2024
Bahrain (%) 6.8 Oct 2024 monthly Sep 1992 - Oct 2024
Bangladesh (%) 9.1 Sep 2024 monthly Jul 1988 - Sep 2024
Belarus (%) 15.4 Nov 2024 monthly Dec 2007 - Nov 2024
Belgium (%) 0.0 Aug 2024 monthly Jan 2000 - Aug 2024
Bolivia (%) 6.3 Oct 2023 monthly Dec 2002 - Oct 2023
Bosnia and Herzegovina (%) 10.6 Oct 2024 monthly Aug 1998 - Oct 2024
Botswana (%) 27.4 Sep 2024 quarterly Dec 2005 - Sep 2024
Brazil (%) 10.3 Oct 2024 monthly Dec 2002 - Oct 2024
Brunei (%) 20.6 Jul 2024 monthly Jan 2000 - Jul 2024
Bulgaria (%) 14.7 Oct 2024 monthly Dec 1994 - Oct 2024
Cambodia (%) 2.6 Sep 2024 monthly Dec 1995 - Sep 2024
Canada (%) 2.7 Sep 2024 monthly Jan 1970 - Sep 2024
Chile (%) 4.5 Oct 2024 monthly Dec 1979 - Oct 2024
China (%) 9.0 Oct 2024 monthly Jun 2000 - Oct 2024
Colombia (%) 6.3 Jul 2024 monthly Jan 1994 - Jul 2024
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) -2.2 Oct 2024 monthly Nov 2006 - Oct 2024
Czech Republic (%) 6.4 Oct 2024 monthly Jan 2003 - Oct 2024
Denmark (%) -4.9 Aug 2024 monthly Dec 2002 - Aug 2024
Ecuador (%) 4.6 Oct 2024 monthly Jan 2007 - Oct 2024
Egypt (%) 29.6 Oct 2024 monthly Jan 1997 - Oct 2024
Estonia (%) 3.6 Jul 2024 monthly Jun 1993 - Jul 2024
European Union (%) -1.4 Aug 2024 monthly Sep 1998 - Aug 2024
Finland (%) -4.8 Aug 2024 monthly Jan 2000 - Aug 2024
France (%) 1.7 Aug 2024 monthly Jan 2000 - Aug 2024
Georgia (%) 21.6 Oct 2024 monthly Oct 1996 - Oct 2024
Germany (%) -8.0 Aug 2024 monthly Jan 2000 - Aug 2024
Ghana (%) -3.5 Jul 2024 monthly Jan 1968 - Jul 2024
Greece (%) 3.5 Aug 2024 monthly Jan 2002 - Aug 2024
Hong Kong SAR, China (%) 3.0 Sep 2024 monthly Dec 1991 - Sep 2024
Hungary (%) 8.0 Oct 2024 monthly Jan 1999 - Oct 2024
Iceland (%) 9.4 Oct 2024 monthly Sep 1994 - Oct 2024
India (%) 11.0 Sep 2024 monthly Mar 2000 - Sep 2024
Indonesia (%) 8.5 Oct 2024 monthly Jan 2005 - Oct 2024
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -2.9 Aug 2024 monthly Jan 2000 - Aug 2024
Israel (%) 9.7 Aug 2024 monthly Dec 2000 - Aug 2024
Italy (%) 1.8 Aug 2024 monthly Jan 2000 - Aug 2024
Ivory Coast (%) 10.9 Aug 2024 monthly Jan 1965 - Aug 2024
Japan (%) 1.5 Sep 2024 monthly Apr 2004 - Sep 2024
Jordan (%) 3.0 Dec 2023 monthly Jan 2003 - Dec 2023
Kazakhstan (%) 20.6 Nov 2024 monthly Dec 2002 - Nov 2024
Kenya (%) 2.3 Sep 2024 monthly Dec 1996 - Sep 2024
South Korea (%) 5.3 Sep 2024 monthly Dec 2002 - Sep 2024
Kosovo (%) 17.0 Oct 2024 monthly Nov 2008 - Oct 2024
Kuwait (%) 2.2 Oct 2024 monthly Jan 1995 - Oct 2024
Kyrgyzstan (%) 35.1 Oct 2024 monthly Dec 2003 - Oct 2024
Laos (%) 21.3 Sep 2024 quarterly Dec 1992 - Sep 2024
Latvia (%) -1.6 Aug 2024 monthly Jul 2004 - Aug 2024
Lebanon (%) 2.2 Jan 2018 monthly Mar 1966 - Jan 2018
Lithuania (%) 4.2 Aug 2024 monthly Dec 1994 - Aug 2024
Luxembourg (%) 2.9 Aug 2024 monthly Jan 2000 - Aug 2024
Macau SAR, China (%) -3.1 Jul 2024 monthly Jun 1985 - Jul 2024
North Macedonia (%) 4.3 Oct 2024 monthly Jan 2004 - Oct 2024
Malawi (%) 53.0 Aug 2024 monthly Jan 1976 - Aug 2024
Malaysia (%) 5.3 Oct 2024 monthly Jan 1988 - Oct 2024
Malta (%) 7.1 Oct 2024 monthly Jan 2009 - Oct 2024
Mauritius (%) 11.3 Oct 2024 monthly Jun 2006 - Oct 2024
Mexico (%) 14.6 Sep 2024 monthly Dec 2002 - Sep 2024
Moldova (%) 20.0 Oct 2024 monthly Jan 2001 - Oct 2024
Mongolia (%) 28.2 Sep 2024 monthly Dec 1993 - Sep 2024
Montenegro (%) 1.3 Oct 2024 monthly Jan 2006 - Oct 2024
Morocco (%) 6.6 Oct 2024 monthly Dec 2002 - Oct 2024
Mozambique (%) 13.5 Sep 2024 monthly Dec 2002 - Sep 2024
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 5.3 Nov 2024 monthly Jan 2002 - Nov 2024
Netherlands (%) -4.7 Aug 2024 monthly Dec 2002 - Aug 2024
New Zealand (%) 0.7 Oct 2024 monthly Mar 1989 - Oct 2024
Nigeria (%) 33.3 Aug 2024 monthly Nov 1993 - Aug 2024
Norway (%) 3.5 Oct 2024 monthly Dec 1986 - Oct 2024
Oman (%) 4.7 Sep 2024 monthly Dec 2000 - Sep 2024
Pakistan (%) 17.8 Oct 2024 monthly Jun 2009 - Oct 2024
Palestinian Territory (%) 6.8 Oct 2024 monthly Dec 1999 - Oct 2024
Panama (%) 5.8 Oct 2024 monthly Dec 2002 - Oct 2024
Paraguay (%) 16.8 Sep 2024 monthly Dec 2002 - Sep 2024
Peru (%) 17.5 Jul 2024 monthly Jan 1993 - Jul 2024
Philippines (%) 9.8 Oct 2024 monthly Dec 2002 - Oct 2024
Poland (%) 4.5 Oct 2024 monthly Dec 1997 - Oct 2024
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 4.2 Oct 2024 monthly Jan 2008 - Oct 2024
Romania (%) 13.8 Oct 2024 monthly Dec 2005 - Oct 2024
Russia (%) 21.1 Oct 2024 monthly Dec 2001 - Oct 2024
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) 7.6 Oct 2024 monthly Dec 2004 - Oct 2024
Singapore (%) 4.5 Oct 2024 monthly Mar 2005 - Oct 2024
Slovakia (%) 2.4 Aug 2024 monthly Jan 2007 - Aug 2024
Slovenia (%) 3.5 Aug 2024 monthly Jan 2005 - Aug 2024
South Africa (%) 6.8 Oct 2024 monthly Mar 1966 - Oct 2024
Spain (%) -1.6 Aug 2024 monthly Jan 2000 - Aug 2024
Sri Lanka (%) 3.0 Oct 2024 monthly Jan 1997 - Oct 2024
Sudan (%) 82.5 Dec 2022 quarterly Mar 2003 - Dec 2022
Sweden (%) -6.8 Aug 2024 monthly Dec 2002 - Aug 2024
Switzerland (%) 2.3 Oct 2024 monthly Dec 1988 - Oct 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) 9,971.173 Sep 2024 quarterly Sep 2000 - Sep 2024
Tax Revenue: % of GDP (%) 5.8 2023 yearly 2000 - 2023
Government Debt: % of GDP (%) 72.4 2023 yearly 2000 - 2023
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) 2,775,892.000 Sep 2024 quarterly Sep 2000 - Sep 2024
Consolidated Govt (CG) Revenue: ytd (PKR mn) 5,827,251.000 Sep 2024 quarterly Sep 2000 - Sep 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) 4,131,242.000 Sep 2024 quarterly Sep 2000 - Sep 2024
CG Expenditure: ytd: Current (PKR mn) 3,537,280.000 Sep 2024 quarterly Sep 2000 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.318 2029 yearly 1980 - 2029
Trade Balance (USD mn) -1,589.0 Nov 2024 monthly Jan 1968 - Nov 2024
Total Exports (USD mn) 2,804.0 Nov 2024 monthly Jan 1996 - Nov 2024
Total Exports Growth (%) 6.1 Nov 2024 monthly Dec 1988 - Nov 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) 4,393.0 Nov 2024 monthly Jan 1996 - Nov 2024
Total Imports Growth (%) -5.7 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) 614.644 Mar 2022 monthly Jan 1969 - Mar 2022
Total Imports from USA (USD mn) 180.407 Oct 2024 monthly Jan 2006 - Oct 2024
Total Exports to China (USD mn) 254.389 Oct 2024 monthly Jan 2006 - Oct 2024
Total Imports from China (USD mn) 1,205.229 Oct 2024 monthly Jan 2006 - Oct 2024
Exports: Petroleum & Coal (PKR mn) 8,547.000 Oct 2024 monthly Sep 1999 - Oct 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) 1.0 Sep 2024 quarterly Sep 2002 - Sep 2024
Current Account Balance (USD mn) -98.0 Sep 2024 quarterly Mar 1976 - Sep 2024
Current Account Balance: % of GDP (%) -0.5 2024 yearly 1977 - 2024
Foreign Direct Investment (USD mn) 133.2 Oct 2024 monthly Jul 1997 - Oct 2024
Foreign Direct Investment: % of GDP (%) 0.6 2024 yearly 1977 - 2024
Foreign Portfolio Investment (USD mn) 133.000 Sep 2024 quarterly Sep 2002 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.1 2024 yearly 2003 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -22.0 Sep 2024 quarterly Sep 2002 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 155.000 Sep 2024 quarterly Sep 2002 - Sep 2024
External Debt (USD mn) 133,455.2 Sep 2024 quarterly Jun 2006 - Sep 2024
External Debt: % of GDP (%) 35.0 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) -130,571.311 Jun 2024 quarterly Mar 2009 - Jun 2024
BoP: Credit: Current Account (CA) (USD mn) 19,201.000 Sep 2024 quarterly Sep 2002 - Sep 2024
BoP: Cr: CA: GS: Goods (USD mn) 8,070.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Debit: Current Account (CA) (USD mn) 19,299.000 Sep 2024 quarterly Sep 2002 - Sep 2024
BoP: CA: Primary Income (PI) (USD mn) -3,126.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Errors and Omissions (USD mn) -221.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Dr: CA: GS: Goods (USD mn) 14,116.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: FA: Portfolio Investment: Assets (USD mn) -4.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) -549.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Capital Account (CP) (USD mn) 44.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: CA: Secondary Income (USD mn) 9,869.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Cr: Capital Account (CP) (USD mn) 47.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: FA: Other Investment (OI): Liabilities (USD mn) -4.000 Sep 2024 quarterly Sep 2002 - Sep 2024
BoP: FA: Other Investment (OI) (USD mn) -668.000 Sep 2024 quarterly Sep 2002 - Sep 2024
BoP: CA: GS: Goods (USD mn) -6,046.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Financial Account (FA) (USD mn) -347.000 Sep 2024 quarterly Sep 2002 - Sep 2024
BoP: CA: GS: Services (USD mn) -759.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: FA: Direct Investment: Assets (USD mn) 92.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Cr: CA: GS: Services (USD mn) 1,979.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: FA: Reserve Assets (RA) (USD mn) 1,389.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: FA: Financial Derivatives & Employee Stock Options (USD mn) 0.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Cr: CA: Primary Income (PI) (USD mn) 308.000 Sep 2024 quarterly Sep 2002 - Sep 2024
BoP: FA: Other Investment (OI): Assets (USD mn) -317.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Financial Account (FA): Liabilities (USD mn) 900.000 Sep 2024 quarterly Sep 2002 - Sep 2024
BoP: Dr: CA: Primary Income (PI) (USD mn) 3,405.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Financial Account (FA): Assets (USD mn) 553.000 Sep 2024 quarterly Sep 2002 - Sep 2024
BoP: Dr: Capital Account (CP) (USD mn) 3.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Dr: CA: Secondary Income (USD mn) 141.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: FA: Portfolio Investment (USD mn) 545.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: FA: Direct Investment (USD mn) -707.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Dr: CA: GS: Services (USD mn) 2,738.000 Jun 2024 quarterly Sep 2002 - Jun 2024
BoP: Cr: CA: Secondary Income (USD mn) 10,010.000 Jun 2024 quarterly Sep 2002 - Jun 2024
International Investment Position (IIP): Net (USD mn) -130,651.519 2023 yearly 2014 - 2023
IIP: Assets (USD mn) 26,759.106 2023 yearly 2014 - 2023
IIP: Liabilities (USD mn) 157,410.625 2023 yearly 2014 - 2023
External Debt: Public (USD mn) 100,619.377 Sep 2024 quarterly Jun 2006 - Sep 2024
External Debt: Private Sector (USD mn) 12,373.735 Sep 2024 quarterly Jun 2006 - Sep 2024
Workers' Remittances (USD mn) 3,051.974 Oct 2024 monthly Jul 1972 - Oct 2024
Foreign Investment: Direct Investment: Hong Kong (USD mn) 0.937 Oct 2024 monthly Jul 2001 - Oct 2024
Foreign Investment: Direct Investment: Outflow: United States (USD mn) 1.566 Oct 2024 monthly Jul 2012 - Oct 2024
Foreign Investment: Direct Investment: Switzerland (USD mn) 16.802 Oct 2024 monthly Jul 2001 - Oct 2024
Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn) 0.367 Oct 2024 monthly Jul 2012 - Oct 2024
Foreign Investment: Direct Investment: Italy (USD mn) -0.157 Oct 2024 monthly Jul 2011 - Oct 2024
Foreign Investment: Direct Investment: Outflow: China (USD mn) 56.709 Oct 2024 monthly Jul 2012 - Oct 2024
Foreign Investment: Direct Investment: United Kingdom (USD mn) 21.845 Oct 2024 monthly Jul 2001 - Oct 2024
Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn) 2.861 Oct 2024 monthly Jul 2012 - Oct 2024
Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn) 0.411 Oct 2024 monthly Jul 2012 - Oct 2024
Foreign Investment: Direct Investment: United States (USD mn) 7.349 Oct 2024 monthly Jul 2001 - Oct 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) 41,331.502 Oct 2024 monthly Jul 1991 - Oct 2024
Money Supply M2 (USD mn) 130,643.296 Sep 2024 monthly Jan 1988 - Sep 2024
M2 Growth (%) 15.2 Oct 2024 monthly Jan 1989 - Oct 2024
Reserve Requirement Ratio (%) 5.0 Nov 2024 monthly Jul 2006 - Nov 2024
Foreign Exchange Reserves (USD mn) 15,467.7 Oct 2024 monthly Jan 1959 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 5.000 Nov 2024 monthly Jul 2006 - Nov 2024
Foreign Exchange Reserves: Months of Import (NA) 3.4 Oct 2024 monthly Jan 1996 - Oct 2024
Gold Reserves (USD mn) 5,690.437 Oct 2024 monthly Dec 1956 - Oct 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) 167,283.2 Oct 2024 monthly Jun 2008 - Oct 2024
Domestic Credit Growth (%) 17.8 Oct 2024 monthly Jun 2009 - Oct 2024
Total Loans (USD mn) 47,940.524 Oct 2024 monthly Sep 2007 - Oct 2024
Total Loans Growth (%) 15.45 Oct 2024 monthly Sep 2008 - Oct 2024
Private Debt: % of Nominal GDP (%) 7.98 2024 yearly 2005 - 2024
Money Supply M0: Reserve Money (PKR mn) 11,479,183.984 Oct 2024 monthly Jan 2005 - Oct 2024
ORA: Gold Including Gold Deposits and Gold Swapped (USD mn) 2,711.52 May 2018 monthly Oct 2003 - May 2018

More Indicators for Pakistan

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