Central government debt, total (current LCU) in Nepal

Nepal: Central government debt, total (current LCU) was 1.74 trillion current LCU in 2021. ◆ Volatile

Latest (2021)
1.74 trillion current LCU
Change on year
up 14.4%
World rank
32nd
of 83 countries
All-time high
1.74 trillion current LCU
in 2021
All-time low
54.42 billion current LCU
in 1990
Years of data
23
1990–2021

Central government debt, total in Nepal, 1990–2021

0500.0B1.0T1.5T1990200520211990: 54.4B current LCU1991: 80.4B current LCU1992: 94.2B current LCU1993: 111.9B current LCU1994: 132.6B current LCU1995: 145.1B current LCU1996: 162.3B current LCU1997: 168.0B current LCU1998: 199.6B current LCU1999: 219.1B current LCU2000: 245.0B current LCU2001: 260.4B current LCU2002: 293.7B current LCU2003: 308.1B current LCU2004: 318.9B current LCU2005: 305.1B current LCU2006: 325.0B current LCU2007: 312.8B current LCU2008: 357.3B current LCU2010: 403.9B current LCU2019: 1.2T current LCU2020: 1.5T current LCU2021: 1.7T current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

Nepal recorded 1.74 trillion current LCU for central government debt, total in 2021. That is the highest value across all 23 years on record.

The figure is up 14.4% on the previous year and up 330.2% over ten years.

Over the whole period, central government debt, total in Nepal peaked at 1.74 trillion current LCU in 2021 and was at its lowest, 54.42 billion current LCU, in 1990.

That places Nepal 32nd out of 83 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Central government debt, total (current LCU) in Nepal, year by year

Annual values for Central government debt, total (current LCU) in Nepal, 1990 to 2021.
Year current LCU Change
1990 54.42 billion current LCU —
1991 80.36 billion current LCU +47.7%
1992 94.16 billion current LCU +17.2%
1993 111.88 billion current LCU +18.8%
1994 132.60 billion current LCU +18.5%
1995 145.06 billion current LCU +9.4%
1996 162.29 billion current LCU +11.9%
1997 167.98 billion current LCU +3.5%
1998 199.62 billion current LCU +18.8%
1999 219.14 billion current LCU +9.8%
2000 245.05 billion current LCU +11.8%
2001 260.45 billion current LCU +6.3%
2002 293.75 billion current LCU +12.8%
2003 308.08 billion current LCU +4.9%
2004 318.91 billion current LCU +3.5%
2005 305.11 billion current LCU -4.3%
2006 324.99 billion current LCU +6.5%
2007 312.81 billion current LCU -3.7%
2008 357.26 billion current LCU +14.2%
2010 403.90 billion current LCU +13.1%
2019 1.23 trillion current LCU +203.6%
2020 1.52 trillion current LCU +23.8%
2021 1.74 trillion current LCU +14.4%

Nepal compared with similar countries

  • Nepal's 1.74 trillion current LCU is above the median for lower middle income countries, which is 149.14 billion current LCU, 11.7× the median. (16 countries reporting)
  • Nepal's 1.74 trillion current LCU is above the median for South Asia, which is 1.74 trillion current LCU, 1.0× the median. (5 countries reporting)

Biggest year-on-year movements

Years where Central government debt, total (current LCU) in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2019 +203.6% 403.90 billion current LCU 1.23 trillion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1990s 136.75 billion current LCU 54.42 billion current LCU 219.14 billion current LCU 10
2000s 302.93 billion current LCU 245.05 billion current LCU 357.26 billion current LCU 9
2010s 815.08 billion current LCU 403.90 billion current LCU 1.23 trillion current LCU 2
2020s 1.63 trillion current LCU 1.52 trillion current LCU 1.74 trillion current LCU 2

Countries ranked near Nepal

  1. 29 Jamaica 2.09 trillion current LCU compare
  2. 30 Costa Rica 2.07 trillion current LCU compare
  3. 31 Canada 1.99 trillion current LCU compare
  4. 33 Spain 1.68 trillion current LCU compare
  5. 34 Australia 1.35 trillion current LCU compare
  6. 35 Singapore 1.28 trillion current LCU compare

See the full ranking of 83 places →

More public sector data for Nepal

All data for Nepal →

Frequently asked questions

What is central government debt, total in Nepal?
Central government debt, total in Nepal was 1.74 trillion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest central government debt, total recorded in Nepal?
The highest recorded value was 1.74 trillion current LCU in 2021.
What is the lowest central government debt, total recorded in Nepal?
The lowest recorded value was 54.42 billion current LCU in 1990.
How does Nepal rank for central government debt, total?
Nepal ranks 32nd out of 83 countries with data for 2021.
Is central government debt, total rising or falling in Nepal?
Over the last ten years it is up 330.2%. The long-run trend across the full record is volatile.
Where does this Nepal data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.

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Central government debt, total in Nepal. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/central-government-debt-total-current-lcu/nepal/

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About this data

Indicator
Central government debt, total (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
83 places, 1,591 data points, 1970–2024
Last refreshed

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.