Nepal Government Debt: % of GDP

1990 - 2021 | Yearly | % | CEIC Data

Key information about Nepal Government Debt: % of GDP

  • Nepal Government debt accounted for 39.9 % of the country's Nominal GDP in Jul 2021, compared with the ratio of 36.8 % in the previous year.
  • Nepal government debt to GDP ratio data is updated yearly, available from Jul 1990 to Jul 2021.
  • The data reached an all-time high of 66.5 % in Jul 1994 and a record low of 12.8 % in Jul 2018.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. Government Debt is calculated as the sum of Domestic and External Government Debt. Nepal Rastra Bank provides Government Debt in local currency. The Central Bureau of Statistics provides Nominal GDP in local currency, at producer prices, based on SNA 2008. Government Debt covers Central Government only. Government Debt as % of Nominal GDP is in annual frequency, generally ending on July 15th of each year. Government Debt as % of Nominal GDP prior to 2011 is calculated from Nominal GDP, based on SNA 1993. Government Debt as % of Nominal GDP prior to 2001 is sourced from the World Bank.


Related information about Nepal Government Debt: % of GDP

  • In the latest reports, Nepal National Government Debt reached 14.5 USD bn in Jul 2021.
  • The country's Nominal GDP reached 40.8 USD bn in Jul 2022.

View Nepal's Government Debt: % of GDP from 1990 to 2021 in the chart:

Nepal Government Debt: % of GDP

What was Nepal's Government Debt: % of GDP in 2021?

Nepal Government debt accounted for 39.9 % of the country's Nominal GDP in Jul 2021, compared with the ratio of 36.8 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
39.9 2021 36.8 2020 12.8 2018 66.5 1994 % yearly 1990 - 2021

Government Debt: % of GDP by Country Comparison

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Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 61.2 Jun 2023 quarterly Sep 2010 - Jun 2023
Algeria (%) 47.6 2022 yearly 1997 - 2022
Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Armenia (%) 50.4 Dec 2023 quarterly Dec 2013 - Dec 2023
Australia (%) 38.1 2023 yearly 1999 - 2023
Austria (%) 77.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 93.6 Dec 2023 quarterly Dec 2007 - Dec 2023
Bangladesh (%) 23.6 2023 yearly 2010 - 2023
Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 105.2 Dec 2023 quarterly Dec 1980 - Dec 2023
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 20.7 2022 yearly 2007 - 2022
Botswana (%) 17.2 Jun 2023 quarterly Jun 2014 - Jun 2023
Brazil (%) 75.7 Mar 2024 quarterly Dec 2006 - Mar 2024
Bulgaria (%) 23.1 Dec 2023 quarterly Mar 2007 - Dec 2023
Cambodia (%) 33.7 2022 yearly 2013 - 2022
Canada (%) 67.8 2023 yearly 1962 - 2023
Chile (%) 39.9 Dec 2023 quarterly Mar 2002 - Dec 2023
China (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
Colombia (%) 59.0 Sep 2023 quarterly Dec 2005 - Sep 2023
Croatia (%) 67.8 Dec 2022 quarterly Dec 1995 - Dec 2022
Cyprus (%) 77.3 Dec 2023 quarterly Dec 2010 - Dec 2023
Czech Republic (%) 44.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Denmark (%) 29.3 Dec 2023 quarterly Mar 2000 - Dec 2023
Ecuador (%) 67.0 Dec 2023 quarterly Dec 2005 - Dec 2023
Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (%) 19.6 Dec 2023 quarterly Mar 2000 - Dec 2023
European Union (%) 81.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Finland (%) 75.8 Dec 2023 quarterly Mar 2000 - Dec 2023
France (%) 1.1 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (%) 39.1 Dec 2023 quarterly Mar 2006 - Dec 2023
Germany (%) 63.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Ghana (%) 70.7 2022 yearly 2006 - 2022
Greece (%) 161.9 Dec 2023 quarterly Dec 1999 - Dec 2023
Hong Kong SAR, China (%) 50.1 2023 yearly 2003 - 2023
Hungary (%) 69.5 Dec 2023 quarterly Dec 1990 - Dec 2023
Iceland (%) 64.8 2023 yearly 1998 - 2023
India (%) 59.0 Dec 2023 quarterly Mar 2012 - Dec 2023
Indonesia (%) 39.1 Mar 2024 quarterly Jun 2015 - Mar 2024
Iran (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
Ireland (%) 43.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Israel (%) 60.3 2023 yearly 1995 - 2023
Italy (%) 137.3 Dec 2023 quarterly Dec 1995 - Dec 2023
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 217.3 Dec 2023 quarterly Dec 1994 - Dec 2023
Jordan (%) 89.5 Dec 2023 quarterly Mar 2002 - Dec 2023
Kazakhstan (%) 21.5 Dec 2023 quarterly Mar 2005 - Dec 2023
Kenya (%) 68.3 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) 48.9 Dec 2023 quarterly Sep 2002 - Dec 2023
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 0.4 Sep 2023 quarterly Dec 2010 - Sep 2023
Kyrgyzstan (%) 45.6 Dec 2023 quarterly Mar 2011 - Dec 2023
Latvia (%) 43.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Lebanon (%) 150.6 2020 yearly 1998 - 2020
Lithuania (%) 38.3 Dec 2023 quarterly Mar 2000 - Dec 2023
Luxembourg (%) 25.7 Dec 2023 quarterly Dec 1997 - Dec 2023
North Macedonia (%) 53.1 Dec 2023 quarterly Dec 2009 - Dec 2023
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 64.3 Dec 2023 quarterly Dec 2010 - Dec 2023
Malta (%) 50.4 Dec 2023 quarterly Dec 2000 - Dec 2023
Mauritius (%) 69.3 Dec 2023 quarterly Jun 2003 - Dec 2023
Mexico (%) 49.7 Dec 2023 quarterly Dec 2005 - Dec 2023
Moldova (%) 34.9 Dec 2023 quarterly Mar 2007 - Dec 2023
Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Montenegro (%) 59.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Morocco (%) 71.6 2022 yearly 1994 - 2022
Nepal (%) 39.9 2021 yearly 1990 - 2021
Netherlands (%) 46.5 Dec 2023 quarterly Dec 1999 - Dec 2023
New Zealand (%) 38.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Nigeria (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Norway (%) 44.3 2023 yearly 1995 - 2023
Oman (%) 41.2 2022 yearly 1990 - 2022
Pakistan (%) 71.6 2022 yearly 2000 - 2022
Palestinian Territory (%) 115.0 Dec 2023 quarterly Dec 2010 - Dec 2023
Panama (%) 56.4 Dec 2023 quarterly Dec 2007 - Dec 2023
Paraguay (%) 34.8 Dec 2023 quarterly Dec 2014 - Dec 2023
Peru (%) 32.9 Dec 2023 quarterly Mar 1999 - Dec 2023
Philippines (%) 60.2 Mar 2024 quarterly Mar 1993 - Mar 2024
Poland (%) 49.6 Dec 2023 quarterly Dec 2002 - Dec 2023
Portugal (%) 99.1 Dec 2023 quarterly Dec 1995 - Dec 2023
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 48.8 Dec 2023 quarterly Dec 2011 - Dec 2023
Russia (%) 14.9 Dec 2023 quarterly Dec 2011 - Dec 2023
Saudi Arabia (%) 26.2 Dec 2023 quarterly Dec 2016 - Dec 2023
Serbia (%) 52.0 Dec 2023 quarterly Sep 2004 - Dec 2023
Singapore (%) 170.8 Dec 2023 quarterly Mar 1990 - Dec 2023
Slovakia (%) 56.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Slovenia (%) 69.2 Dec 2023 quarterly Dec 1999 - Dec 2023
South Africa (%) 73.9 Dec 2023 quarterly Dec 1960 - Dec 2023
Spain (%) 107.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Sri Lanka (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Sweden (%) 32.3 Dec 2023 quarterly Mar 1996 - Dec 2023
Switzerland (%) 25.3 2027 yearly 1990 - 2027
Taiwan (%) 29.7 2022 yearly 1996 - 2022
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 54.3 Dec 2023 quarterly Dec 1997 - Dec 2023
Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
Turkey (%) 29.5 Dec 2023 quarterly Dec 2001 - Dec 2023
Ukraine (%) 79.4 Dec 2023 quarterly Dec 2010 - Dec 2023

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Nepal Key Series

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Includes 174 key indicators for Nepal, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -10.0 2018 yearly 2012 - 2018
Consolidated Fiscal Balance (USD mn) -633.856 Mar 2024 quarterly Mar 2017 - Mar 2024
Tax Revenue (USD mn) 1,888.894 Jun 2018 quarterly Sep 1997 - Jun 2018
Tax Revenue: % of GDP (%) 19.1 2018 yearly 2001 - 2018
National Government Debt (USD mn) 14,538.4 2021 yearly 1990 - 2021
Government Debt: % of GDP (%) 39.9 2021 yearly 1990 - 2021
Forecast: Government Expenditure (NPR bn) 2,379.830 2028 yearly 2000 - 2028
Forecast: Government Net Debt (NPR bn) 4,376.278 2029 yearly 2000 - 2029
Forecast: Government Revenue (NPR bn) 2,287.426 2029 yearly 2000 - 2029
Government Debt: Total (NPR mn) 1,735,015.267 2021 yearly 1999 - 2021
Government Debt: External (NPR mn) 934,695.200 2021 yearly 1999 - 2021
Government Domestic Debt: Annual: Bonds & Treasury Bills (NPR mn) 1,125,188.232 2023 yearly 1986 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 0.000 yearly -
Trade Balance (USD mn) -929.7 Apr 2024 monthly Aug 1974 - Apr 2024
Total Exports (USD mn) 103.9 Mar 2024 monthly Aug 2003 - Mar 2024
Total Exports Growth (%) 21.3 Mar 2024 monthly Aug 2004 - Mar 2024
Aluminum: Exports (USD th) 607.627 2022 yearly 1999 - 2022
Exports: Medicament (USD th) 8,273.612 2022 yearly 1998 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 1,177.188 2022 yearly 1996 - 2022
Total Imports (USD mn) 997.1 Mar 2024 monthly Aug 2003 - Mar 2024
Total Imports Growth (%) -5.0 Mar 2024 monthly Aug 2004 - Mar 2024
Imports: Medicament (USD th) 190,021.631 2022 yearly 1998 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 126,408.315 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 8.059 Jan 2024 monthly Sep 1983 - Jan 2024
Total Imports from USA (USD mn) 15.673 Jan 2024 monthly Jan 1981 - Jan 2024
Total Exports to China (USD mn) 0.718 Mar 2024 monthly Apr 2013 - Mar 2024
Total Imports from China (USD mn) 164.198 Mar 2024 monthly Apr 2013 - Mar 2024
Exports: fob: Custom Basis (NPR mn) 13,786.533 Mar 2024 monthly Aug 2003 - Mar 2024
Exports: fob: Custom Basis: Other Countries (NPR mn) 3,901.226 Mar 2024 monthly Aug 2003 - Mar 2024
Imports: cif: Custom Basis (NPR mn) 132,278.800 Mar 2024 monthly Aug 2003 - Mar 2024
Trade Balance: Custom Basis (NPR mn) -118,492.268 Mar 2024 monthly Aug 2003 - Mar 2024
Imports: cif: Custom Basis: India (NPR mn) 83,418.887 Mar 2024 monthly Aug 2003 - Mar 2024
Imports: cif: Custom Basis: Other Countries (NPR mn) 27,076.669 Mar 2024 monthly Aug 2003 - Mar 2024
Exports: fob: Custom Basis: India (NPR mn) 9,789.992 Mar 2024 monthly Aug 2003 - Mar 2024
Imports: cif: Custom Basis: China (NPR mn) 21,783.245 Mar 2024 monthly Apr 2013 - Mar 2024
Exports: fob: Custom Basis: China (NPR mn) 95.315 Mar 2024 monthly Apr 2013 - Mar 2024
Exports: Manufactured Goods Classified by Materials (NPR mn) 7,594.678 Oct 2023 monthly Aug 2003 - Oct 2023
Exports: Chemicals (NPR mn) 660.089 Oct 2023 monthly Aug 2003 - Oct 2023
Exports: Crude Materials Inedible: Except Fuel (NPR mn) 443.513 Oct 2023 monthly Aug 2003 - Oct 2023
Exports: Miscellaneous Manufactures Articles (NPR mn) 1,747.081 Oct 2023 monthly Aug 2003 - Oct 2023
Exports: Food & Live Animals (NPR mn) 3,109.829 Oct 2023 monthly Aug 2003 - Oct 2023
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 134.4 Apr 2024 quarterly Oct 2000 - Apr 2024
Current Account Balance: % of GDP (%) -1.3 2023 yearly 2001 - 2023
Foreign Direct Investment (USD mn) 14.7 Apr 2024 quarterly Oct 2000 - Apr 2024
Foreign Direct Investment: % of GDP (%) 0.1 2023 yearly 2001 - 2023
External Debt (USD mn) 9,585.8 Sep 2023 quarterly Mar 2012 - Sep 2023
External Debt: % of GDP (%) 17.3 2016 yearly 2001 - 2016
External Debt: Short Term (USD mn) 335.0 2021 yearly 1977 - 2021
Forecast: Current Account Balance (USD bn) -2.490 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -957.631 Jun 2023 quarterly Dec 2012 - Jun 2023
NP: BoP: Financial Account: Portfolio Investment (USD mn) 0.000 Jun 2020 quarterly Mar 1977 - Jun 2020
NP: BoP: Financial Account: Portfolio Investment: Assets (USD mn) 0.000 Jun 2020 quarterly Mar 1977 - Jun 2020
NP: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) 0.000 Jun 2020 quarterly Mar 1977 - Jun 2020
BoP: Current Account: Services: Debit (NPR mn) -80,662.752 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Services (NPR mn) -16,177.658 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Income (NPR mn) 14,330.260 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Financial Account (NPR mn) 46,634.490 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Income: Debit (NPR mn) -16,160.142 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Services: Credit (NPR mn) 64,485.094 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Financial Account: Liabilities (NPR mn) 42,150.674 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Goods: Import cif (NPR mn) -397,481.204 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Goods Balance (NPR mn) -355,281.972 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Reserve Assets & Related Items (RR) (NPR mn) -94,167.524 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Financial Account: Portfolio Investment (NPR mn) 0.000 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Current Transfers: Credit (NPR mn) 376,120.776 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Current Transfers (NPR mn) 374,995.081 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Net Error & Omissions (NPR mn) 27,998.001 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Goods: Exports fob (NPR mn) 42,199.232 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account (NPR mn) 17,865.712 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Current Transfers: Debit (NPR mn) -1,125.694 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Current Account: Income: Credit (NPR mn) 30,490.403 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Financial Account: Direct Investment in Nepal (NPR mn) 1,952.168 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Financial Account: Assets: Other Investment (OI) (NPR mn) 2,531.649 Apr 2024 quarterly Oct 2000 - Apr 2024
BoP: Capital Account (NPR mn) 1,669.321 Apr 2024 quarterly Oct 2000 - Apr 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.5 2015 yearly 2003 - 2015
Non-Performing Loans (USD mn) 267.883 2015 yearly 2003 - 2015
Money Supply M1 (USD mn) 6,629.436 Apr 2024 monthly Jan 2001 - Apr 2024
Money Supply M2 (USD mn) 49,775.323 Apr 2024 monthly Jan 2001 - Apr 2024
M2 Growth (%) 12.3 Apr 2024 monthly Jan 2002 - Apr 2024
Reserve Requirement Ratio (%) 4.0 Apr 2024 monthly Jul 2003 - Apr 2024
Foreign Exchange Reserves (USD mn) 12,683.8 Apr 2024 monthly Jan 2002 - Apr 2024
Foreign Exchange Reserves: % of GDP (%) 4.000 Apr 2024 monthly Jul 2003 - Apr 2024
Foreign Exchange Reserves: Months of Import (NA) 12.3 Apr 2024 monthly Aug 2003 - Apr 2024
Gold Reserves (USD mn) 597.795 Apr 2024 monthly Jul 1957 - Apr 2024
Total Deposits (USD mn) 40,528.662 Apr 2024 monthly Jan 2001 - Apr 2024
Total Deposits Growth (%) 12.0 Apr 2024 monthly Jan 2002 - Apr 2024
Domestic Credit (USD mn) 47,218.4 Apr 2024 monthly Jan 2001 - Apr 2024
Domestic Credit Growth (%) 5.5 Apr 2024 monthly Jan 2002 - Apr 2024
Total Loans (USD mn) 33,433.078 Oct 2023 monthly Jan 2001 - Oct 2023
Total Loans Growth (%) 5.54 Oct 2023 monthly Jan 2002 - Oct 2023
Private Debt: % of Nominal GDP (%) 74.92 2023 yearly 2003 - 2023
Monetary Survey: Domestic Credits (DO) (NPR mn) 6,284,763.728 Apr 2024 monthly Jan 2001 - Apr 2024
Monetary Survey: Narrow Money M1 (NPR mn) 882,377.936 Apr 2024 monthly Jan 2001 - Apr 2024
Monetary Survey: Broad Money M2 (NPR mn) 6,625,095.432 Apr 2024 monthly Jan 2001 - Apr 2024
Foreign Reserve (USD mn) 13,480.606 Apr 2024 monthly Jan 2002 - Apr 2024
Commercial Banks: Deposits exclude Interbank (NPR mn) 5,394,364.893 Apr 2024 monthly Jan 2001 - Apr 2024
Commercial Banks: Loans & Advances (NPR mn) 1,945,068.90 Jan 2018 monthly Jan 2001 - Jan 2018
CB: NPL (NPR mn) 27,174.060 2015 yearly 2003 - 2015

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