Net incurrence of liabilities, total in Nepal
Nepal: Net incurrence of liabilities, total was 7.0% in 2021. ◆ Volatile
Net incurrence of liabilities, total in Nepal, 1990–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Nepal is 7.0%, measured in 2021.
That represents a change of down 13.4% on the previous year and up 359.0% over ten years.
Over the whole period, net incurrence of liabilities, total in Nepal peaked at 8.0% in 2020 and was at its lowest, -1.8%, in 2013.
That places Nepal 21st out of 136 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Nepal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 6.8% | — |
| 1997 | 3.1% | -54.8% |
| 1998 | 3.5% | +14.2% |
| 1999 | 3.5% | -0.4% |
| 2000 | 3.2% | -8.5% |
| 2001 | 3.0% | -5.1% |
| 2002 | 2.0% | -33.3% |
| 2003 | 0.8% | -61.0% |
| 2004 | 0.5% | -42.1% |
| 2005 | 0.8% | +74.2% |
| 2006 | 0.9% | +11.6% |
| 2007 | 1.5% | +73.9% |
| 2008 | 1.6% | +4.3% |
| 2009 | 3.1% | +95.3% |
| 2010 | 1.9% | -39.3% |
| 2011 | 1.5% | -20.3% |
| 2012 | -0.5% | -134.0% |
| 2013 | -1.8% | +249.1% |
| 2014 | -0.2% | -90.3% |
| 2015 | 0.1% | -182.7% |
| 2016 | 2.2% | +1410.8% |
| 2017 | 2.3% | +4.7% |
| 2018 | 5.6% | +146.9% |
| 2019 | 4.0% | -29.0% |
| 2020 | 8.0% | +101.0% |
| 2021 | 7.0% | -13.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.2% | 3.1% | 6.8% | 4 |
| 2000s | 1.7% | 0.5% | 3.2% | 10 |
| 2010s | 1.5% | -1.8% | 5.6% | 10 |
| 2020s | 7.5% | 7.0% | 8.0% | 2 |
Countries ranked near Nepal
- 18 Mexico 7.2% compare
- 19 United States of America 7.0% compare
- 20 United Kingdom of Great Britain and Northern Ireland 7.0% compare
- 22 India 6.7% compare
- 23 North Macedonia 6.6% compare
- 24 Bhutan 6.4% compare
More public sector data for Nepal
- Arms imports 0 SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 0 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate 428.57 % change on previous year (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 0 SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 14.38 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0099 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -2.28 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 426.52 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is net incurrence of liabilities, total in Nepal?
- Net incurrence of liabilities, total in Nepal was 7.0% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Nepal?
- The highest recorded value was 8.0% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Nepal?
- The lowest recorded value was -1.8% in 2013.
- How does Nepal rank for net incurrence of liabilities, total?
- Nepal ranks 21st out of 136 countries with data for 2021.
- Is net incurrence of liabilities, total rising or falling in Nepal?
- Over the last ten years it is up 359.0%. 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.