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Nepal Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-1.82% +0.94% (+34.0%)
Year 2025 Rank #62 Global Peak 1.57% (2013) Source IMF WEO

Nepal Budget Deficit (2000–2025)

Overview

Nepal's budget deficit stood at -1.82% in 2025, a rise of +0.94% from 2024. The IMF projects -1.82% by 2025. Nepal ranked 62nd globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -3.22% - -
2029* IMF -3.22% - -
2028* IMF -3.42% - -
2027* IMF -3.46% - -
2026* IMF -3.66% - -
2025* IMF -1.82% - -
2025 -1.82% +0.94% #62
2024 -2.76% +3.05% #93
2023 -5.81% −2.69% #27
2022 -3.12% +0.86% #90
2021 -3.98% +3.49% #96
2020 -7.47% −3.20% #72
2019 -4.27% +1.56% #46
2018 -5.83% −3.14% #22
2017 -2.69% −3.89% #82
2016 1.20% +0.74% #171
2015 0.46% −0.90% #169
2014 1.36% −0.22% #162
2013 1.57% +2.75% #168
2012 -1.18% −0.46% #123
2011 -0.72% −0.04% #132
Show all years (2000-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 8.8% GDP growth 0.4% Unemployment 10.7%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Nepal matched the Stagflation Risk pattern in 2016. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nepal's budget deficit?

Nepal's budget deficit was -1.82% in 2025. Ranked 62nd globally. This represents a 34.0% increase from the previous year.

What was the highest budget deficit in Nepal?

Nepal's budget deficit peaked at 1.57% in 2013.

What was the lowest budget deficit in Nepal?

The lowest budget deficit in Nepal was -7.47% in 2020.

How does Nepal rank in budget deficit?

Nepal ranks 62nd globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Nepal in 2025?

Nepal's budget deficit is projected to reach -1.82% by 2025 based on IMF projection.

What is the budget deficit of Nepal in 2025?

The budget deficit of Nepal in 2025 was -1.82%. This ranks 62nd in the world.

Cite this page

APA
Nepal Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/nepal/budget-deficit
BibTeX
@misc{historysaid_nepal_budget-deficit, title = {Nepal Budget Deficit}, url = {https://historysaid.com/nepal/budget-deficit}, publisher = {HistorySaid}, year = {2026} }