Pakistan’s Debt-to-GDP Ratio Hits Lowest Level in Over Six Years

Pakistan’s Debt-to-GDP ratio has dropped to 65.7 percent as of September 2024, marking its lowest level since June 2018.  According to brokerage house Arif Habib Limited (AHL), the Domestic Debt-to-GDP ratio is at 43.1 percent, while the External Debt-to-GDP ratio stands at 22.7 percent.  According to the monthly data issued by the State Bank of Pakistan (SBP), the total public debt stock of the federal government stood at Rs. 69.570 trillion in September 2024, down 1.1 percent over the previous month.