Nepal Short Term Interest Rate

1993 - 2025 | Monthly | % pa | Nepal Rastra Bank

Key information about Nepal Short Term Interest Rate

  • Nepal Discount Rate: Treasury Bill: 91 Days was reported at 2.81 % pa in Jan 2025, compared with 2.85 % pa in the previous month.
  • Nepal Short Term Interest Rate data is updated monthly, available from Feb 1993 to Jan 2025.
  • The data reached an all-time high of 12.88 % pa in Jun 1996 and a record low of 0.00 % pa in Aug 2014.
  • Short Term Interest Rate is reported by reported by Nepal Rastra Bank.

The data is provided monthly based on the Nepalese calendar which begins approximately on 16th of the previous month and ends on 15th of the reference month.


Related information about Nepal Short Term Interest Rate

  • In the latest reports, Nepal Long Term Interest Rate: Month End: Nepal: Government Bond Yield: 5 Years was reported at 9.00 % pa in Dec 2024.
  • The cash rate (Policy Rate: Month End: Bank Rate) was set at 6.50 % pa in Jan 2025.
  • Nepal Exchange Rate against USD averaged 131.10 (USD/NPR) in May 2023.

View Nepal's Short Term Interest Rate from Feb 1993 to Jan 2025 in the chart:

Nepal Short Term Interest Rate

What was Nepal's Short Term Interest Rate in Jan 2025?

Nepal Discount Rate: Treasury Bill: 91 Days was reported at 2.81 % pa in Jan 2025, compared with 2.85 % pa in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.81 Jan 2025 2.85 Dec 2024 0.00 Aug 2014 12.88 Jun 1996 % pa monthly Feb 1993 - Jan 2025

Short Term Interest Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 3.05 Apr 2024 monthly Jan 2002 - Apr 2024
Algeria (% pa) 1.18 Mar 2024 monthly Jun 2006 - Mar 2024
Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
Australia (% pa) 4.25 Jan 2025 monthly Jun 1969 - Jan 2025
Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Azerbaijan (% pa) 7.50 Mar 2024 monthly Dec 2002 - Mar 2024
Bahrain (% pa) 5.12 Sep 2024 quarterly Jun 2003 - Sep 2024
Bangladesh (% pa) 6.63 May 2023 monthly Sep 2003 - May 2023
Belarus (% pa) 12.19 Jan 2025 monthly Apr 2003 - Jan 2025
Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Bolivia (% pa) 6.60 Nov 2024 monthly Jan 1998 - Nov 2024
Botswana (% pa) 1.50 Dec 2024 monthly Jan 2003 - Dec 2024
Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
Cambodia (% pa) 1.00 Jan 2025 monthly Dec 2016 - Jan 2025
Canada (% pa) 2.85 Jan 2025 monthly Jan 1993 - Jan 2025
China (% pa) 1.70 Jan 2025 monthly Oct 2006 - Jan 2025
Colombia (% pa) 13.02 Jun 2023 monthly Jan 1986 - Jun 2023
Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Czech Republic (% pa) 3.83 Jan 2025 monthly Apr 1992 - Jan 2025
Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
Ecuador (% pa) 4.64 May 2023 monthly Apr 2000 - May 2023
Egypt (% pa) 27.52 Jan 2025 monthly Jan 2001 - Jan 2025
Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Georgia (% pa) 7.49 Jan 2025 monthly Feb 2008 - Jan 2025
Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Ghana (% pa) 25.80 Oct 2024 monthly Aug 1996 - Oct 2024
Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Hong Kong SAR, China (% pa) 3.81 Jan 2025 monthly Jul 1996 - Jan 2025
Hungary (% pa) 6.50 Jan 2025 monthly Aug 1996 - Jan 2025
Iceland (% pa) 8.31 Jan 2025 monthly Aug 1998 - Jan 2025
India (% pa) 7.14 May 2023 monthly Sep 2015 - May 2023
Indonesia (% pa) 6.76 May 2023 monthly Dec 1995 - May 2023
Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
Israel (% pa) 4.50 Jan 2025 monthly Mar 2007 - Jan 2025
Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Japan (% pa) 0.77 Jan 2025 monthly Jan 1997 - Jan 2025
Jordan (% pa) 7.34 Jan 2025 monthly Aug 2005 - Jan 2025
Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
Kenya (% pa) 13.06 Nov 2024 monthly Jul 1991 - Nov 2024
South Korea (% pa) 3.04 Jan 2025 monthly Jul 2004 - Jan 2025
Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Kuwait (% pa) 3.94 Jan 2025 monthly Nov 2001 - Jan 2025
Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Lebanon (% pa) 79.65 Nov 2024 monthly Mar 1972 - Nov 2024
Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Macau SAR, China (% pa) 4.97 Jun 2023 monthly Jun 1988 - Jun 2023
North Macedonia (% pa) 4.38 Jan 2025 monthly Jul 2007 - Jan 2025
Malawi (% pa) 16.00 Nov 2024 monthly Jan 1983 - Nov 2024
Malaysia (% pa) 3.67 Jan 2025 monthly Jan 1988 - Jan 2025
Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Mauritius (% pa) 0.00 Dec 2024 monthly Apr 1998 - Dec 2024
Mexico (% pa) 10.37 Jan 2025 monthly Jan 1997 - Jan 2025
Moldova (% pa) 9.86 Jan 2025 monthly Dec 2005 - Jan 2025
Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Morocco (% pa) 2.50 Jan 2025 monthly Jan 1995 - Jan 2025
Mozambique (% pa) 13.40 Jan 2025 monthly Nov 2005 - Jan 2025
Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
Nepal (% pa) 2.81 Jan 2025 monthly Feb 1993 - Jan 2025
Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
New Zealand (% pa) 5.71 Jun 2023 monthly Jan 1985 - Jun 2023
Nigeria (% pa) 28.35 Jan 2025 monthly Jan 2010 - Jan 2025
Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
Oman (% pa) 0.00 Nov 2024 monthly Jan 2004 - Nov 2024
Pakistan (% pa) 22.91 Jun 2023 monthly Nov 2004 - Jun 2023
Panama (% pa) 4.62 Jan 2025 monthly Jan 2006 - Jan 2025
Philippines (% pa) 5.38 Jan 2025 monthly Jan 1975 - Jan 2025
Poland (% pa) 5.86 Jan 2025 monthly Jan 1999 - Jan 2025
Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Qatar (% pa) 4.65 Dec 2024 monthly Jul 2004 - Dec 2024
Romania (% pa) 5.94 Jan 2025 monthly Aug 1995 - Jan 2025
Russia (% pa) 9.71 Jul 2023 monthly Aug 2000 - Jul 2023
Saudi Arabia (% pa) 5.52 Dec 2024 monthly Jan 2007 - Dec 2024
Serbia (% pa) 4.70 Feb 2025 monthly Aug 2005 - Feb 2025
Singapore (% pa) 3.30 Nov 2024 monthly Oct 1995 - Nov 2024
Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
South Africa (% pa) 7.70 Jan 2025 monthly Dec 1980 - Jan 2025
Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
Switzerland (% pa) 0.46 Dec 2024 monthly Jul 1999 - Dec 2024
Taiwan (% pa) 1.68 Nov 2024 monthly Oct 2005 - Nov 2024
Thailand (% pa) 2.40 Jan 2025 monthly Jan 2005 - Jan 2025
Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
Ukraine (% pa) 10.10 Nov 2024 monthly Jan 2006 - Nov 2024
United Arab Emirates (% pa) 4.28 Dec 2024 monthly Oct 2009 - Dec 2024
United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
United States (% pa) 4.20 Jan 2025 monthly Jan 1954 - Jan 2025
Uruguay (% pa) 9.41 Jan 2025 monthly Sep 2002 - Jan 2025
Venezuela (% pa) 43.78 Jun 2023 monthly Jan 1998 - Jun 2023
Vietnam (% pa) 5.35 Jan 2025 monthly Jul 2004 - Jan 2025
Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
Zambia (% pa) 10.10 Apr 2023 monthly Jan 2006 - Apr 2023

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Nepal 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) -271.398 Dec 2024 quarterly Mar 2017 - Dec 2024
Tax Revenue (USD mn) 944,554.686 Jun 2024 quarterly Jun 2019 - Jun 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) -992.9 Jan 2025 monthly Aug 1974 - Jan 2025
Total Exports (USD mn) 183.8 Jan 2025 monthly Aug 2003 - Jan 2025
Total Exports Growth (%) 113.7 Jan 2025 monthly Aug 2004 - Jan 2025
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) 1,176.7 Jan 2025 monthly Aug 2003 - Jan 2025
Total Imports Growth (%) 27.7 Jan 2025 monthly Aug 2004 - Jan 2025
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) 14.865 Oct 2024 monthly Sep 1983 - Oct 2024
Total Imports from USA (USD mn) 9.507 Oct 2024 monthly Jan 1981 - Oct 2024
Total Exports to China (USD mn) 1.290 Jan 2025 monthly Apr 2013 - Jan 2025
Total Imports from China (USD mn) 213.319 Jan 2025 monthly Apr 2013 - Jan 2025
Exports: fob: Custom Basis (NPR mn) 25,129.476 Jan 2025 monthly Aug 2003 - Jan 2025
Exports: fob: Custom Basis: Other Countries (NPR mn) 3,252.126 Jan 2025 monthly Aug 2003 - Jan 2025
Trade Balance: Custom Basis (NPR mn) -135,752.477 Jan 2025 monthly Aug 2003 - Jan 2025
Exports: fob: Custom Basis: India (NPR mn) 21,700.909 Jan 2025 monthly Aug 2003 - Jan 2025
Imports: cif: Custom Basis (NPR mn) 160,881.953 Jan 2025 monthly Aug 2003 - Jan 2025
Imports: cif: Custom Basis: China (NPR mn) 29,165.720 Jan 2025 monthly Apr 2013 - Jan 2025
Exports: fob: Custom Basis: China (NPR mn) 176.440 Jan 2025 monthly Apr 2013 - Jan 2025
Imports: cif: Custom Basis: India (NPR mn) 92,294.920 Jan 2025 monthly Aug 2003 - Jan 2025
Imports: cif: Custom Basis: Other Countries (NPR mn) 39,421.313 Jan 2025 monthly Aug 2003 - Jan 2025
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
Exports: Chemicals (NPR mn) 750.915 Jul 2024 monthly Aug 2003 - Jul 2024
Exports: Food & Live Animals (NPR mn) 3,095.441 Jul 2024 monthly Aug 2003 - Jul 2024
Exports: Miscellaneous Manufactures Articles (NPR mn) 1,815.500 Jul 2024 monthly Aug 2003 - Jul 2024
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
Export Value Index (2015=100) 233.718 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 267.8 Jan 2025 quarterly Oct 2000 - Jan 2025
Current Account Balance: % of GDP (%) 3.9 2024 yearly 2001 - 2024
Foreign Direct Investment (USD mn) 11.8 Jan 2025 quarterly Oct 2000 - Jan 2025
Foreign Direct Investment: % of GDP (%) 0.1 2024 yearly 2001 - 2024
External Debt (USD mn) 10,519.7 Sep 2024 quarterly Mar 2012 - Sep 2024
External Debt: % of GDP (%) 17.3 2016 yearly 2001 - 2016
External Debt: Short Term (USD mn) 321.9 2022 yearly 1977 - 2022
Forecast: Current Account Balance (USD bn) -2.523 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 1,716.243 Jun 2024 quarterly Dec 2012 - Jun 2024
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
NP: BoP: Financial Account: Portfolio Investment (USD mn) 0.000 Jun 2020 quarterly Mar 1977 - Jun 2020
BoP: Financial Account (NPR mn) 63,943.939 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Financial Account: Portfolio Investment (NPR mn) 0.000 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Financial Account: Direct Investment in Nepal (NPR mn) 1,919.110 Jul 2024 quarterly Oct 2000 - Jul 2024
BoP: Capital Account (NPR mn) 1,036.240 Jul 2024 quarterly Oct 2000 - Jul 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) 7,101.198 Jan 2025 monthly Jan 2001 - Jan 2025
Money Supply M2 (USD mn) 52,688.613 Jan 2025 monthly Jan 2001 - Jan 2025
M2 Growth (%) 10.2 Jan 2025 monthly Jan 2002 - Jan 2025
Reserve Requirement Ratio (%) 4.0 Jan 2025 monthly Jul 2003 - Jan 2025
Foreign Exchange Reserves (USD mn) 15,066.1 Jan 2025 monthly Jan 2002 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 4.000 Dec 2024 monthly Jul 2003 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 12.8 Jan 2025 monthly Aug 2003 - Jan 2025
Gold Reserves (USD mn) 688.668 Jan 2025 monthly Jul 1957 - Jan 2025
Total Deposits (USD mn) 40,192.035 Jan 2025 monthly Jan 2001 - Jan 2025
Total Deposits Growth (%) 8.8 Jan 2025 monthly Jan 2002 - Jan 2025
Domestic Credit (USD mn) 48,345.5 Jan 2025 monthly Jan 2001 - Jan 2025
Domestic Credit Growth (%) 4.8 Jan 2025 monthly Jan 2002 - Jan 2025
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) 6,649,924.451 Jan 2025 monthly Jan 2001 - Jan 2025
Monetary Survey: Narrow Money M1 (NPR mn) 976,769.717 Jan 2025 monthly Jan 2001 - Jan 2025
Monetary Survey: Broad Money M2 (NPR mn) 7,247,318.669 Jan 2025 monthly Jan 2001 - Jan 2025
Foreign Reserve (USD mn) 15,942.871 Jan 2025 monthly Jan 2002 - Jan 2025
Commercial Banks: Deposits exclude Interbank (NPR mn) 5,528,414.419 Jan 2025 monthly Jan 2001 - Jan 2025
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

More Indicators for Nepal

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