Net incurrence of liabilities, total in Nepal
Nepal: Net incurrence of liabilities, total was 303.12 billion current LCU 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 current LCU.
Analysis
In 2021, net incurrence of liabilities, total in Nepal stood at 303.12 billion current LCU.
The figure is down 3.1% on the previous year and up 1,181.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Nepal peaked at 312.87 billion current LCU in 2020 and was at its lowest, -35.13 billion current LCU, in 2013.
That places Nepal 43rd out of 136 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.51 billion current LCU | 7.01 billion current LCU | 11.92 billion current LCU | 4 |
| 2000s | 10.67 billion current LCU | 2.44 billion current LCU | 30.97 billion current LCU | 10 |
| 2010s | 47.79 billion current LCU | -35.13 billion current LCU | 194.68 billion current LCU | 10 |
| 2020s | 308.00 billion current LCU | 303.12 billion current LCU | 312.87 billion current LCU | 2 |
Countries ranked near Nepal
More public sector data for Nepal
- Arms imports 0 SIPRI trend indicator values (2021)
- Tax revenue 13.9% (2023)
- Taxes on income, profits and capital gains 26.7% (2023)
- Taxes on goods and services 38.0% (2023)
- Net investment in nonfinancial assets 4.4% (2023)
- Net lending (+) / net borrowing (-) -5.9% (2023)
- Interest payments 8.0% (2023)
- Grants and other revenue 17.8% (2023)
- Interest payments 4.1% (2021)
- Other taxes 1.0% (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Nepal?
- Net incurrence of liabilities, total in Nepal was 303.12 billion current LCU 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 312.87 billion current LCU in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Nepal?
- The lowest recorded value was -35.13 billion current LCU in 2013.
- How does Nepal rank for net incurrence of liabilities, total?
- Nepal ranks 43rd 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 1,181.3%. 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 (current LCU). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.