Pakistan Government Debt To GDP

Pakistan recorded a Government Debt to GDP of 70.80 percent of the country's Gross Domestic Product in 2012/13 fiscal year. Government Debt To GDP in Pakistan is reported by the Central Bank of Pakistan. Government Debt To GDP in Pakistan averaged 71.14 Percent from 1994 until 2013, reaching an all time high of 87.90 Percent in 2001 and a record low of 54.90 Percent in 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Pakistan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
70.80 72.40 87.90 54.90 71.91 | 2014/12 1994 - 2013 Percent Yearly

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Pakistan Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Budget -8.00 2013-12-31 -6.40 8.80 -8.00 -8.11 2014-12-31 Percent of GDP [+]
Government Debt To GDP 70.80 2013-12-31 72.40 87.90 54.90 71.91 2014-12-31 Percent [+]
Government Budget Value -1833864.00 2013-06-30 -1369705.00 20.00 -1833864.00 -2054266.17 2013-12-31 PKR Million [+]
Government Spending 2475567.00 2013-06-30 2102526.00 2475567.00 33522.00 2524287.43 2013-12-31 PKR Million [+]
Credit Rating 10.84 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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Pakistan annual inflation rate increased to 8.5 percent in March of 2014, from 6.6 a year earlier and 7.9 percent recorded in February of 2014, as food, housing, water, electricity and gas prices edged up.
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In its March 15th, 2014 meeting, Pakistan's Central Bank left the discount rate unchanged at 10 percent. Although consumer prices slowed for the third straight month in February and foreign exchange reserves increased noticeably, the economy still faces many challenges and a pro-active policy effort is required to continue to maintain the momentum.
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Pakistan annual inflation rate accelerated to 7.93 percent in February of 2014, compared to 7.91 percent in the previous month.
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In January of 2014, Pakistan inflation rate slowed for the second straight month to 7.9 percent after reaching a two-digit rate in November of 2013.
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In December of 2013, Pakistan trade deficit decreased 30.73 over a month earlier to PKR 137.56 billion. Compared with the same month last year, the trade deficit narrowed 16.9 percent mainly due to a drop in imports and a surge in rice sales.
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In its January, 2014 meeting, the State Bank of Pakistan decided to leave the policy rate unchanged at 10 percent, as the Board considers inflation expectations are lower than previously anticipated.
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In December of 2013, Pakistan’s inflation rate slowed to an annual 9.2 percent, compared to 10.9 percent in the previous month, due to a slowdown in food prices. A year earlier, the inflation was recorded at 7.9 percent.
Pakistan Trade Deficit Increases in November  
In November of 2013, Pakistan trade deficit rose to PKR 198.6 billion, from PKR 150.5 billion in October and PKR 164.3 billion a year earlier, as purchases of petroleum and medical products boosted imports.
Pakistan Inflation Rate Hits Double-Digit in November  
In November of 2013, Pakistan annual inflation rate rose sharply to 10.9 percent, from 9.08 percent in September, boosted by higher food prices.
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