Nepal recorded a Government Budget deficit equal to 5.40 percent of the country's Gross Domestic Product in 2019. source: Nepal Rastra Bank

Government Budget in Nepal averaged -3.65 percent of GDP from 1999 until 2019, reaching an all time high of -0.90 percent of GDP in 2014 and a record low of -10.10 percent of GDP in 2018. This page provides - Nepal Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nepal Government Budget - values, historical data and charts - was last updated on June of 2021.

Government Budget in Nepal is expected to reach -10.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Government Budget is projected to trend around -11.00 percent of GDP in 2021 and -9.50 percent of GDP in 2022, according to our econometric models.

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Nepal Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -10.10 -0.90 -10.10 1999 - 2019 percent of GDP Yearly

Nepal Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.20 30.40 69.50 25.30 percent of GDP [+]
Government Budget -5.40 -10.10 -0.90 -10.10 percent of GDP [+]
Military Expenditure 425.00 429.00 451.00 20.50 USD Million [+]
Government Spending 114598.00 113200.00 114598.00 35785.00 NPR Million [+]
Credit Rating 15.00 [+]

Nepal Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.