The State Bank of Pakistan raised its benchmark interest rate by 100 bps to 13.25 percent during its July meeting, amid increased inflationary pressures and elevated fiscal and current account deficits. Consumer price inflation is expected to rise in the near-term due to higher utility costs. Interest Rate in Pakistan averaged 11.17 percent from 1992 until 2019, reaching an all time high of 19.50 percent in October of 1996 and a record low of 5.75 percent in May of 2016.

Interest Rate in Pakistan is expected to be 13.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Pakistan to stand at 14.50 in 12 months time. In the long-term, the Pakistan Interest Rate is projected to trend around 10.00 percent in 2020, according to our econometric models.

Pakistan Interest Rate
Forecast Data Chart
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Pakistan Money Last Previous Highest Lowest Unit
Interest Rate 13.25 12.25 19.50 5.75 percent [+]
Interbank Rate 12.70 11.09 17.42 1.21 percent [+]
Money Supply M0 6285995.37 5828153.33 6285995.37 1413617.11 PKR Million [+]
Money Supply M1 13590635.00 13656456.00 13656456.00 3168848.00 PKR Million [+]
Money Supply M2 16482612.00 16523643.00 16523643.00 4431502.00 PKR Million [+]
Money Supply M3 20507123.00 20496377.52 20507123.00 5548454.00 PKR Million [+]
Deposit Interest Rate 7.93 7.88 9.15 1.57 percent [+]
Loans To Private Sector 5127862.00 5149353.00 5149353.00 1482289.00 PKR Million [+]
Foreign Exchange Reserves 17397.60 14950.10 24025.80 1973.60 USD Million [+]

Pakistan Interest Rate

In Pakistan, interest rates decisions are taken by the State Bank of Pakistan. On 23rd of May, 2015 the discount ceiling rate was replaced by a new official interest rate, the SBP Policy rate. This page provides - Pakistan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan Interest Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
13.25 12.25 19.50 5.75 1992 - 2019 percent Daily

Country Last Previous
Argentina 58.80 Jul/19
Turkey 24.00 Jun/19
Mexico 8.25 Jul/19
Russia 7.50 Jun/19
Brazil 6.50 Jun/19
South Africa 6.50 Jul/19
India 5.75 Jul/19
Indonesia 5.75 Jul/19
China 4.35 Jun/19
Saudi Arabia 3.00 Jun/19
United States 2.50 Jun/19
Canada 1.75 Jul/19
Singapore 1.67 Jun/19
South Korea 1.50 Jul/19
Australia 1.00 Jul/19
United Kingdom 0.75 Jun/19
Euro Area 0.00 Jun/19
France 0.00 Jun/19
Germany 0.00 Jun/19
Italy 0.00 Jun/19
Netherlands 0.00 Jun/19
Spain 0.00 Jun/19
Japan -0.10 Jun/19
Switzerland -0.75 Jun/19