Public and publicly guaranteed debt service in Nepal
Nepal: Public and publicly guaranteed debt service was 8.9% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Nepal, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Nepal recorded 8.9% for public and publicly guaranteed debt service in 2024.
The figure is down 0.8% on the previous year and up 20.4% over ten years.
Over the whole period, public and publicly guaranteed debt service in Nepal peaked at 12.8% in 1989 and was at its lowest, 1.1%, in 1976.
That places Nepal 38th out of 120 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Public and publicly guaranteed debt service in Nepal, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 1.1% | — |
| 1977 | 1.8% | +61.7% |
| 1978 | 1.4% | -22.3% |
| 1979 | 1.4% | -0.4% |
| 1980 | 1.5% | +5.3% |
| 1981 | 1.5% | +2.7% |
| 1982 | 2.2% | +44.1% |
| 1983 | 2.7% | +26.5% |
| 1984 | 3.2% | +17.7% |
| 1985 | 4.1% | +26.9% |
| 1986 | 6.9% | +67.7% |
| 1987 | 7.4% | +7.1% |
| 1988 | 9.5% | +28.5% |
| 1989 | 12.8% | +35.4% |
| 1990 | 11.5% | -9.9% |
| 1991 | 10.0% | -13.3% |
| 1992 | 9.0% | -10.2% |
| 1993 | 8.3% | -7.6% |
| 1994 | 7.3% | -12.6% |
| 1995 | 6.9% | -4.6% |
| 1996 | 5.8% | -15.6% |
| 1997 | 6.4% | +8.8% |
| 1998 | 7.3% | +15.2% |
| 1999 | 7.5% | +2.6% |
| 2000 | 7.0% | -6.4% |
| 2001 | 7.3% | +4.2% |
| 2002 | 9.7% | +32.8% |
| 2003 | 9.8% | +0.2% |
| 2004 | 8.9% | -9.0% |
| 2005 | 8.1% | -8.2% |
| 2006 | 9.6% | +18.3% |
| 2007 | 8.6% | -11.1% |
| 2008 | 8.2% | -4.1% |
| 2009 | 9.8% | +19.4% |
| 2010 | 10.1% | +3.4% |
| 2011 | 8.8% | -13.5% |
| 2012 | 9.6% | +8.8% |
| 2013 | 8.0% | -16.3% |
| 2014 | 7.4% | -8.0% |
| 2015 | 7.4% | +0.1% |
| 2016 | 8.0% | +8.2% |
| 2017 | 7.0% | -12.6% |
| 2018 | 6.4% | -8.7% |
| 2019 | 7.2% | +12.7% |
| 2020 | 11.3% | +58.4% |
| 2021 | 9.3% | -18.2% |
| 2022 | 9.2% | -0.4% |
| 2023 | 8.9% | -3.5% |
| 2024 | 8.9% | -0.8% |
Nepal compared with similar countries
- Nepal's 8.9% is above the median for lower middle income countries, which is 6.4%, 1.4× the median. (43 countries reporting)
- Nepal's 8.9% is below the median for South Asia, which is 9.3%, 96% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.4% | 1.1% | 1.8% | 4 |
| 1980s | 5.2% | 1.5% | 12.8% | 10 |
| 1990s | 8.0% | 5.8% | 11.5% | 10 |
| 2000s | 8.7% | 7.0% | 9.8% | 10 |
| 2010s | 8.0% | 6.4% | 10.1% | 10 |
| 2020s | 9.5% | 8.9% | 11.3% | 5 |
Countries ranked near Nepal
- 35 Honduras 9.3% compare
- 36 Iran 9.1% compare
- 37 Azerbaijan 9.0% compare
- 39 Morocco 8.8% compare
- 40 Mauritania 8.7% compare
- 41 Guinea-Bissau 8.7% compare
More external debt data for Nepal
- IFC, private nonguaranteed 35.17 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.19 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 76.74 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.9% (2024)
- Net financial flows, IDA 289.55 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 9.77 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0067 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 1,245 NFL, current US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), annual growth rate 62.28 % change on previous year (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Nepal?
- Public and publicly guaranteed debt service in Nepal was 8.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Nepal?
- The highest recorded value was 12.8% in 1989.
- What is the lowest public and publicly guaranteed debt service recorded in Nepal?
- The lowest recorded value was 1.1% in 1976.
- How does Nepal rank for public and publicly guaranteed debt service?
- Nepal ranks 38th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Nepal?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is rising.
- Where does this Nepal data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.