Pakistan Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Pakistan's interest rate spread was 2.91% in 2021, ranked 19th globally. This represents a 11.2% decrease from 2020. Data from World Bank, covering 2004–2021.
Overview
Pakistan's interest rate spread stood at 2.91% in 2021, a decline of +0.37pp from 2020. Pakistan ranked 19th globally.
Pakistan's interest rate spread, as measured by the World Bank, has shown a declining trend over the past 18 years, from an all-time peak of 6.81% in 2006 to a trough of 2.91% in 2021. This significant reduction reflects Pakistan's efforts to stabilize its economy and attract foreign investment. Compared to its peer countries, Pakistan's interest rate spread is relatively high, with China boasting a lower spread of 2.85% in 2021. The decline in interest rate spread in Pakistan is a positive indicator of the country's economic growth prospects. However, the trajectory of this trend is sensitive to external factors, such as changes in global interest rates and economic policies. A further decline in interest rate spread in Pakistan would likely require sustained economic growth, a stable exchange rate, and continued efforts to reduce inflationary pressures.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2021 | 2.91% | −0.37pp | #19 |
| 2020 | 3.28% | +0.18pp | #25 |
| 2019 | 3.10% | −0.20pp | #26 |
| 2018 | 3.31% | −0.43pp | #29 |
| 2017 | 3.73% | −0.19pp | #39 |
| 2016 | 3.92% | −0.26pp | #41 |
| 2015 | 4.18% | −0.28pp | #47 |
| 2014 | 4.47% | −0.35pp | #46 |
| 2013 | 4.81% | −0.73pp | #49 |
| 2012 | 5.54% | −0.65pp | #59 |
| 2011 | 6.19% | +0.30pp | #66 |
| 2010 | 5.90% | +0.04pp | #60 |
| 2009 | 5.86% | −0.16pp | #59 |
| 2008 | 6.02% | −0.44pp | #61 |
| 2007 | 6.46% | −0.35pp | #66 |
Detected Pattern
Analysis
Pakistan matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Pakistan's interest rate spread was 2.91% in 2021. Ranked 19th globally. This represents a 11.2% decrease from the previous year.
Pakistan's interest rate spread peaked at 6.81% in 2006.
The lowest interest rate spread in Pakistan was 2.91% in 2021.
Pakistan ranks 19th globally in interest rate spread as of 2021.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Pakistan in 2021 was 2.91%. This ranks 19th in the world.
Cite this page
@misc{historysaid_pakistan_interest-rate-spread,
title = {Pakistan Interest Rate Spread},
url = {https://historysaid.com/pakistan/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}