Pakistan's total outstanding external debt and liabilities against the level of foreign exchange reserves available to service it.
Pakistan's total outstanding external debt and liabilities against the level of foreign exchange reserves available to service it.
▸External Debt rose 9.2% over the selected period — from 127B USD to 139B USD.
▸Total SBP Reserves rose 24.6% over the selected period — from 17.39B USD to 21.66B USD.
▸Over this period, External Debt and Total SBP Reserves moved closely together, moving in the same direction (correlation coefficient: 0.73).
Sources:: SBP & SBP EasyData
A rising debt stock against flat or falling reserves signals growing repayment pressure relative to the buffer available to meet it — one of the most closely watched solvency signals for an emerging-market economy.
Where does the external debt figure come from?
SBP's published quarterly "External Debt and Liabilities — Outstanding" workbook, total of all public and private external debt and liabilities (categories A through E). This is the debt stock, not annual debt servicing payments.
Related Comparisons
Related Indicators