Pakistan Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Pakistan's government debt to gdp was 71.55% in 2025, ranked 49th globally. This represents a 1.7% increase from 2024. Data from IMF WEO, covering 1994–2025.
Overview
Pakistan's government debt to gdp stood at 71.55% in 2025, a rise of +1.17% from 2024. The IMF projects 71.55% by 2025. Pakistan ranked 49th globally.
Pakistan's government debt to GDP ratio has experienced a significant fluctuation over the past three decades. The ratio peaked at 80.81 in 2020, following a sharp increase in public expenditures amidst the COVID-19 pandemic. Conversely, the all-time low of 44.21 was reached in 2007, a year marked by relative economic stability following a period of significant economic reforms. As of 2025, the ratio stands at 71.55, a slightly improved position compared to its global ranking of 49. While Pakistan's debt to GDP ratio remains higher than that of its peer countries, such as Rwanda with a ratio of 73.20, it has improved since its peak. The recent decline suggests a moderation in fiscal policy and improved economic performance. However, if Pakistan's economic growth remains sluggish, the debt-to-GDP ratio may continue to pose concerns for the country's fiscal sustainability.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 60.23% | - | - |
| 2029* IMF | 63.09% | - | - |
| 2028* IMF | 66.21% | - | - |
| 2027* IMF | 69.20% | - | - |
| 2026* IMF | 71.27% | - | - |
| 2025* IMF | 71.55% | - | - |
| 2025 | 71.55% | +1.17% | #49 |
| 2024 | 70.39% | −8.12% | #135 |
| 2023 | 78.51% | +1.19% | #144 |
| 2022 | 77.32% | +2.57% | #140 |
| 2021 | 74.75% | −6.06% | #131 |
| 2020 | 80.81% | +2.09% | #140 |
| 2019 | 78.71% | +12.39% | #152 |
| 2018 | 66.32% | +4.18% | #137 |
| 2017 | 62.14% | +0.08% | #133 |
| 2016 | 62.07% | +3.00% | #132 |
| 2015 | 59.06% | +0.28% | #131 |
| 2014 | 58.78% | −0.45% | #134 |
| 2013 | 59.23% | +0.87% | #140 |
| 2012 | 58.36% | +2.21% | #142 |
| 2011 | 56.15% | −0.56% | #141 |
Detected Pattern
Analysis
Pakistan matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Pakistan's government debt to gdp was 71.55% in 2025. Ranked 49th globally. This represents a 1.7% increase from the previous year.
Pakistan's government debt to gdp peaked at 80.81% in 2020.
The lowest government debt to gdp in Pakistan was 44.21% in 2007.
Pakistan ranks 49th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Pakistan's government debt to gdp is projected to reach 71.55% by 2025 based on IMF projection.
The government debt to gdp of Pakistan in 2025 was 71.55%. This ranks 49th in the world.
Cite this page
@misc{historysaid_pakistan_government-debt-to-gdp,
title = {Pakistan Government Debt to GDP},
url = {https://historysaid.com/pakistan/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}