Nepal recorded a Government Budget deficit equal to 9 percent of the country's Gross Domestic Product in 2023. Government Budget in Nepal averaged -4.26 percent of GDP from 1999 until 2023, reaching an all time high of -1.30 percent of GDP in 2013 and a record low of -9.30 percent of GDP in 2017. source: Nepal Rastra Bank

Government Budget in Nepal is expected to reach -5.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Government Budget -9.00 -5.30 percent of GDP Dec 2023
Government Debt to GDP 42.70 40.70 percent of GDP Dec 2023
Government Spending 156231.00 163114.00 NPR Million Dec 2023
Holidays
Military Expenditure 418.90 417.50 USD Million Dec 2023

Nepal Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -5.30 -1.30 -9.30 1999 - 2023 percent of GDP Yearly