Current account balance as a proportion of gdp in Nepal
Nepal: Current account balance as a proportion of gdp was 2.44 in 2023. ◆ Volatile
Current account balance as a proportion of gdp in Nepal, 2000–2023
Source: Our World in Data.
Analysis
Nepal recorded 2.44 for current account balance as a proportion of gdp in 2023.
That represents a change of up 142.4% on the previous year and down 53.3% over ten years.
Over the whole period, current account balance as a proportion of gdp in Nepal peaked at 10.04 in 2015 and was at its lowest, -14.52, in 2021.
That places Nepal 50th out of 191 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of gdp in Nepal, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -2.38 | — |
| 2001 | -2.74 | +15.1% |
| 2002 | 3.56 | -229.9% |
| 2003 | 2.85 | -19.9% |
| 2004 | 1.37 | -51.9% |
| 2005 | 1.88 | +37.2% |
| 2006 | 1.66 | -11.7% |
| 2007 | 0.05 | -97.0% |
| 2008 | 5.85 | +11600.0% |
| 2009 | 0.17 | -97.1% |
| 2010 | -0.8 | -570.6% |
| 2011 | 1.34 | -267.5% |
| 2012 | 2.66 | +98.5% |
| 2013 | 5.23 | +96.6% |
| 2014 | 2.18 | -58.3% |
| 2015 | 10.04 | +360.6% |
| 2016 | -0.68 | -106.8% |
| 2017 | -3.56 | +423.5% |
| 2018 | -8.3 | +133.1% |
| 2019 | -5.13 | -38.2% |
| 2020 | -0.25 | -95.1% |
| 2021 | -14.52 | +5708.0% |
| 2022 | -5.76 | -60.3% |
| 2023 | 2.44 | -142.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.23 | -2.74 | 5.85 | 10 |
| 2010s | 0.298 | -8.3 | 10.04 | 10 |
| 2020s | -4.52 | -14.52 | 2.44 | 4 |
Countries ranked near Nepal
More economy & growth data for Nepal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.25 Percent per annum (2029)
- GDP (current US$), annual growth rate 5.06 % change on previous year (2025)
- GDP (current US$), per capita 1,536 current US$ per person (2025)
- GDP (current LCU), annual growth rate 7.63 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 136.29 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 209,327 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.43 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8032 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,234 constant 2015 US$ per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Nepal?
- Current account balance as a proportion of gdp in Nepal was 2.44 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Nepal?
- The highest recorded value was 10.04 in 2015.
- What is the lowest current account balance as a proportion of gdp recorded in Nepal?
- The lowest recorded value was -14.52 in 2021.
- How does Nepal rank for current account balance as a proportion of gdp?
- Nepal ranks 50th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Nepal?
- Over the last ten years it is down 53.3%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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