Pakistan’s Public Debt Rises 12.7% YoY, Reaches Rs. 73.69 Trillion in March 2025
The federal government’s total public debt rose by 12.7 percent year-on-year (YoY) in March 2025, reaching Rs. 73.69 trillion, up from Rs. 65.38 trillion in March 2024, according to the latest data released by the State Bank of Pakistan (SBP).
On a month-on-month basis, the debt increased by 0.9 percent from Rs. 73.036 trillion in February 2025.
Domestic debt saw a significant surge, rising 18.6 percent from Rs. 43.437 trillion in March 2024 to Rs. 51.518 trillion in March 2025. Compared to the previous month, domestic debt also rose by 1 percent.
READ MORE: US-China Reach Landmark Tariff Cut Deal, Easing Global Trade Tensions
Within the domestic segment, long-term public debt increased sharply by 25.1 percent, from Rs. 34.851 trillion to Rs. 43.595 trillion. In contrast, short-term debt declined by 7.4 percent year-on-year, falling from Rs. 8.492 trillion to Rs. 7.860 trillion.