The Corruption Perceptions Index by Transparency International has placed Pakistan at 135 out of 180 countries for 2024, as reported by the Pakistan media. This marks a decline in Pakistan’s ranking compared to its position in 2015, where it stood at 117 out of 168 countries, indicating a worsening trend over the past decade.
Moreover, Pakistan’s Human Development Index (HDI) rating, which assesses education, health, and per capita income, is notably low. Among South Asian countries, Pakistan ranks the lowest at 168, placing it in the 87th percentile with a classification of low human development. Particularly concerning is Pakistan’s poor ranking in education, reflecting a broader issue in the country’s development indicators.
In terms of credit rating, Pakistan’s assessment by S&P and Moody’s reveals a B- and Caa rating, respectively. The overall score, TE, for Pakistan is 21 out of 100, positioning it at 131 out of 155 countries. This places Pakistan in the 84th percentile, indicating a relatively low credit rating that needs improvement.
The article also highlights the hope for a better credit rating in the future, especially with the successful continuation of the IMF Programme and enhancements in foreign exchange reserves anticipated in 2026.
