Nepal Current Account Balance: % of GDP
Key information about Nepal Current Account Balance: % of GDP
- Nepal Current Account surplus accounted for 3.9 % of the country's Nominal GDP in Jul 2024, compared with a 0.9 % deficit in the previous year.
- Nepal Current Account Balance: % of Nominal GDP data is updated yearly, available from Jul 2001 to Jul 2024, with an average value of 2.3 %.
- The data reached an all-time high of 5.4 % in Jul 2016 and a record low of -12.5 % in Jul 2022.
CEIC calculates Current Account Balance as % of Nominal GDP from annual Current Account Balance and annual Nominal GDP. Nepal Rastra Bank provides Current Account Balance in local currency based on BPM6. The Central Bureau of Statistics provides Nominal GDP in local currency, at producer prices, based on SNA 2008. Current Account Balance as % of Nominal GDP is in annual frequency, generally ending on July 15th of each year. Current Accout Balance as % of Nominal GDP prior to 2019 is calculated from Current Account Balance based on BPM5. Current Accout Balance as % of Nominal GDP prior to 2011 is calculated from Nominal GDP, based on SNA 1993.
Key information about Nepal Current Account Balance: % of GDP
- In the latest reports of Nepal, Current Account recorded a surplus of 313.5 USD mn in Jul 2024.
- Foreign Direct Investment (FDI) increased by 14.4 USD mn in Jul 2024.
- The country's Nominal GDP was reported at 40.8 USD bn in Jul 2022.
View Nepal's Current Account Balance: % of GDP from 2001 to 2024 in the chart:
What was Nepal's Current Account Balance: % of GDP in 2024?
Nepal Current Account surplus accounted for 3.9 % of the country's Nominal GDP in Jul 2024, compared with a 0.9 % deficit in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
3.9 2024 | -0.9 2023 | -12.5 2022 | 5.4 2016 | % | yearly | 2001 - 2024 |
Current Account Balance: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | -3.4 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Algeria (%) | -0.4 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
Argentina (%) | 0.8 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Armenia (%) | -2.9 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Australia (%) | -2.1 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
Austria (%) | 0.5 Jun 2024 | quarterly | Mar 1970 - Jun 2024 |
Azerbaijan (%) | 4.9 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
Bahrain (%) | 15.2 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
Bangladesh (%) | 0.9 2024 | yearly | 1998 - 2024 |
Belarus (%) | 2.5 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Belgium (%) | -1.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Bolivia (%) | 0.4 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | -3.9 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Botswana (%) | -5.0 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Brazil (%) | -3.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
Bulgaria (%) | 5.7 Sep 2024 | quarterly | Sep 1999 - Sep 2024 |
Cambodia (%) | -5.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Canada (%) | -0.4 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
Chile (%) | -3.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
China (%) | 3.2 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
Colombia (%) | -1.6 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Croatia (%) | -5.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Cyprus (%) | -0.6 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Czech Republic (%) | -0.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Denmark (%) | 15.2 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Ecuador (%) | 7.9 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Egypt (%) | 1.3 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (%) | 0.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
European Union (%) | 3.8 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Finland (%) | 3.4 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
France (%) | -0.7 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Georgia (%) | -7.3 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Germany (%) | 5.2 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Ghana (%) | 5.6 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Greece (%) | 1.0 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Hong Kong SAR, China (%) | 14.9 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Hungary (%) | 1.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Iceland (%) | 3.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
India (%) | -1.1 Jun 2024 | quarterly | Jun 2004 - Jun 2024 |
Indonesia (%) | 0.9 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
Iran (%) | 0.6 2023 | yearly | 1997 - 2023 |
Ireland (%) | 16.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Israel (%) | 2.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Italy (%) | 1.4 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Ivory Coast (%) | -6.3 2022 | yearly | 1975 - 2022 |
Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
Jordan (%) | -7.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Kazakhstan (%) | -2.5 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
Kenya (%) | -2.5 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
South Korea (USD mn) | 7,614.6 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Kosovo (%) | 9.2 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
Kuwait (%) | 27.9 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Kyrgyzstan (%) | -60.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (%) | 2.7 2023 | yearly | 1984 - 2023 |
Latvia (%) | -4.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Lebanon (%) | -2.8 2021 | yearly | 2002 - 2021 |
Lithuania (%) | 2.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Luxembourg (%) | 10.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Macau SAR, China (%) | 37.0 2023 | yearly | 2002 - 2023 |
North Macedonia (%) | 6.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Malawi (%) | -17.0 2023 | yearly | 1977 - 2023 |
Malaysia (%) | 0.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Malta (%) | 7.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Mauritius (%) | -6.8 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mexico (%) | 0.2 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Moldova (%) | -16.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Mongolia (%) | -14.1 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Montenegro (%) | -23.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Morocco (%) | -3.6 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Mozambique (%) | -11.6 2023 | yearly | 1980 - 2023 |
Nepal (%) | 3.9 2024 | yearly | 2001 - 2024 |
Netherlands (%) | 9.5 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
New Zealand (%) | -5.8 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
Nigeria (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Norway (%) | 18.1 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
Oman (%) | -4.9 2021 | yearly | 1980 - 2021 |
Pakistan (%) | -0.5 2024 | yearly | 1977 - 2024 |
Palestinian Territory (%) | -16.1 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
Panama (%) | 2.2 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Paraguay (%) | -3.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Peru (%) | 2.5 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Philippines (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
Poland (%) | 0.3 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Portugal (%) | 4.7 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Qatar (%) | 20.7 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Romania (%) | -9.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Russia (%) | 3.4 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Saudi Arabia (%) | 1.6 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Serbia (%) | -10.3 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Singapore (%) | 18.7 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
Slovakia (%) | -2.4 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Slovenia (%) | 6.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
South Africa (%) | -1.0 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
Spain (%) | 4.0 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Sri Lanka (%) | 1.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
Sweden (%) | 6.1 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Switzerland (%) | 3.0 Sep 2024 | quarterly | Mar 1983 - Sep 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doNepal Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -10.0 2018 | yearly | 2012 - 2018 |
Consolidated Fiscal Balance (USD mn) | -741.821 Sep 2024 | quarterly | Mar 2017 - Sep 2024 |
Tax Revenue (USD mn) | 671,115.502 Mar 2024 | quarterly | Jun 2019 - Mar 2024 |
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) | 2,481.360 2029 | yearly | 2000 - 2029 |
Forecast: Government Net Debt (NPR bn) | 4,641.672 2029 | yearly | 2000 - 2029 |
Forecast: Government Revenue (NPR bn) | 2,220.299 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) | 1,179,464.880 2024 | yearly | 1986 - 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 0.000 | yearly | - |
Trade Balance (USD mn) | -804.5 Nov 2024 | monthly | Aug 1974 - Nov 2024 |
Total Exports (USD mn) | 106.1 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Total Exports Growth (%) | 47.5 Nov 2024 | monthly | Aug 2004 - Nov 2024 |
Aluminum: Exports (USD th) | 570.142 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 9,980.716 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,557.101 2023 | yearly | 1996 - 2023 |
Total Imports (USD mn) | 910.6 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Total Imports Growth (%) | 17.1 Nov 2024 | monthly | Aug 2004 - Nov 2024 |
Imports: Medicament (USD th) | 175,698.810 2023 | yearly | 1998 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 217,440.422 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 11.735 Sep 2024 | monthly | Sep 1983 - Sep 2024 |
Total Imports from USA (USD mn) | 7.274 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
Total Exports to China (USD mn) | 0.979 Nov 2024 | monthly | Apr 2013 - Nov 2024 |
Total Imports from China (USD mn) | 182.263 Nov 2024 | monthly | Apr 2013 - Nov 2024 |
Exports: fob: Custom Basis (NPR mn) | 14,291.993 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Imports: cif: Custom Basis: China (NPR mn) | 24,545.295 Nov 2024 | monthly | Apr 2013 - Nov 2024 |
Exports: fob: Custom Basis: China (NPR mn) | 131.801 Nov 2024 | monthly | Apr 2013 - Nov 2024 |
Trade Balance: Custom Basis (NPR mn) | -108,343.724 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Imports: cif: Custom Basis (NPR mn) | 122,635.717 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Imports: cif: Custom Basis: India (NPR mn) | 75,959.486 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Exports: fob: Custom Basis: Other Countries (NPR mn) | 3,250.450 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Imports: cif: Custom Basis: Other Countries (NPR mn) | 22,130.937 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Exports: fob: Custom Basis: India (NPR mn) | 10,909.743 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Exports: Chemicals (NPR mn) | 750.915 Jul 2024 | monthly | Aug 2003 - Jul 2024 |
Exports: Miscellaneous Manufactures Articles (NPR mn) | 1,815.500 Jul 2024 | monthly | Aug 2003 - Jul 2024 |
Exports: Food & Live Animals (NPR mn) | 3,095.441 Jul 2024 | monthly | Aug 2003 - Jul 2024 |
Exports: Manufactured Goods Classified by Materials (NPR mn) | 6,775.379 Jul 2024 | monthly | Aug 2003 - Jul 2024 |
Exports: Crude Materials Inedible: Except Fuel (NPR mn) | 418.064 Jul 2024 | monthly | Aug 2003 - Jul 2024 |
Export Value Index (2015=100) | 233.718 2021 | yearly | 1980 - 2021 |
Export Volume Index (2015=100) | 171.601 2021 | yearly | 2000 - 2021 |
Import Value Index (2015=100) | 238.930 2021 | yearly | 1980 - 2021 |
Import Volume Index (2015=100) | 187.157 2021 | yearly | 2000 - 2021 |
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) | 7,245.205 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Money Supply M2 (USD mn) | 53,205.337 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
M2 Growth (%) | 12.4 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Reserve Requirement Ratio (%) | 4.0 Nov 2024 | monthly | Jul 2003 - Nov 2024 |
Foreign Exchange Reserves (USD mn) | 14,870.8 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Foreign Exchange Reserves: % of GDP (%) | 4.000 Nov 2024 | monthly | Jul 2003 - Nov 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 16.3 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
Gold Reserves (USD mn) | 680.293 Oct 2024 | monthly | Jul 1957 - Oct 2024 |
Total Deposits (USD mn) | 41,004.509 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
Total Deposits Growth (%) | 5.8 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Domestic Credit (USD mn) | 49,189.1 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Domestic Credit Growth (%) | 5.3 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Total Loans (USD mn) | 34,435.905 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
Total Loans Growth (%) | 6.13 Jul 2024 | monthly | Jan 2002 - Jul 2024 |
Private Debt: % of Nominal GDP (%) | 74.44 2024 | yearly | 2003 - 2024 |
Monetary Survey: Domestic Credits (DO) (NPR mn) | 6,642,495.175 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Monetary Survey: Broad Money M2 (NPR mn) | 7,184,848.700 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Monetary Survey: Narrow Money M1 (NPR mn) | 978,392.470 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Commercial Banks: Loans & Advances (NPR mn) | 1,945,068.90 Jan 2018 | monthly | Jan 2001 - Jan 2018 |
Commercial Banks: Deposits exclude Interbank (NPR mn) | 5,513,876.294 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
CB: NPL (NPR mn) | 27,174.060 2015 | yearly | 2003 - 2015 |
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