Pakistan external debt tracker
Debt
This debt is on our shoulders. We will carry it down by building productive capacity, exports, disciplined capital, and useful companies from home.
Primary target
USD 92B
Public external debt excluding foreign-exchange liabilities, as of March 31, 2026.
Progress
We start at zero.
Achieved
USD 0
0 of 162M Youth debt shares cleared
0%
Remaining
USD 92B
162M Youth debt shares still carried
100%
One Youth debt share is the current public external debt target divided by the under-30 population. This is a progress model, not a record of individual payments.
2040 target
On our shoulders. Gone by 2040.
This is our responsibility. We take the selected public external debt, put a 2040 deadline on it, and turn it into a daily number we can build against.
How many we are
162M
67% under 30 of a 241M population base.
Each of us
USD 567
Our share of the current public external debt target.
Each year
USD 38
The average pace through 2040.
Each day
USD 0.10
A daily standard for what we need to build.
For this first public version, "how many we are" means the under-30 share reported in the Pakistan Economic Survey 2024-25: 67% of Pakistan's 2023 census population.
Debt holders
Who we owe.
We use the Ministry of Finance Debt Bulletin 1HFY-2026 public external debt table for this holder mix.
As of December 2025
Multilateral
World Bank, Asian Development Bank, and other multilateral lenders.
USD 44B
47%
Bilateral / Paris Club
Country-to-country and Paris Club development financing.
USD 24B
26%
IMF
Programme-related IMF claims outstanding.
USD 10B
11%
Commercial Loans
Commercial bank loans and related external commercial financing.
USD 7B
7%
Euro / Sukuk Bonds
International bond and sukuk obligations.
USD 6B
7%
NPCs / Others
Naya Pakistan Certificates and other external public debt items.
USD 2B
2%
Within multilateral creditors, the Ministry of Finance identifies the World Bank and Asian Development Bank as the two largest creditors.
Read the note on what the burden meansContext
Increasing productivity is the only way out
We start at zero and use public debt data as a national balance sheet signal. The work is exportable services, disciplined companies, finance talent, and operating systems that make repayment realistic over time.
Build capacity with PK VenturesSources
Shows about USD 92B public external debt excluding foreign-exchange liabilities and about USD 138B total external debt and liabilities as of March 31, 2026.
Lists Pakistan external debt and liabilities outstanding as a quarterly dataset updated May 12, 2026.
Provides the December 2025 public external debt creditor breakdown used for the holder mix.
Reports the 2023 population at about 241M, with 67% of the population under 30 and 26% between 15 and 29.
Lists the 7th Population and Housing Census 2023 total population as about 241M.
Debt note
What the burden means
The number is only useful if it turns into work, discipline, and a standard we can build against.
Read the note on what the burden means