Short-term debt (% of total external debt) in Nepal
Nepal: Short-term debt (% of total external debt) was 4.2% in 2024. ◆ Volatile
Short-term debt in Nepal, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for short-term debt in Nepal is 4.2%, measured in 2024.
The figure is down 0.4% on the previous year and down 50.2% over ten years.
Over the whole period, short-term debt in Nepal peaked at 22.9% in 1977 and was at its lowest, 0.0%, in 1970.
Nepal ranks 85th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt (% of total external debt) in Nepal, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 22.9% | — |
| 1978 | 14.2% | -37.9% |
| 1979 | 8.2% | -42.3% |
| 1980 | 3.4% | -58.2% |
| 1981 | 7.9% | +130.8% |
| 1982 | 11.1% | +39.9% |
| 1983 | 17.7% | +60.0% |
| 1984 | 5.1% | -71.1% |
| 1985 | 3.9% | -23.6% |
| 1986 | 2.9% | -26.2% |
| 1987 | 2.1% | -26.0% |
| 1988 | 2.2% | +3.1% |
| 1989 | 1.6% | -28.8% |
| 1990 | 1.5% | -4.6% |
| 1991 | 1.4% | -3.6% |
| 1992 | 0.3% | -78.7% |
| 1993 | 1.0% | +237.9% |
| 1994 | 2.7% | +161.2% |
| 1995 | 0.9% | -64.9% |
| 1996 | 1.1% | +13.2% |
| 1997 | 1.2% | +9.6% |
| 1998 | 1.2% | -1.5% |
| 1999 | 1.4% | +21.3% |
| 2000 | 1.0% | -28.2% |
| 2001 | 2.0% | +95.3% |
| 2002 | 1.3% | -32.3% |
| 2003 | 1.7% | +28.3% |
| 2004 | 1.1% | -37.5% |
| 2005 | 1.5% | +37.8% |
| 2006 | 2.4% | +61.5% |
| 2007 | 1.5% | -36.1% |
| 2008 | 1.5% | +1.3% |
| 2009 | 1.2% | -24.5% |
| 2010 | 1.6% | +38.3% |
| 2011 | 2.2% | +36.3% |
| 2012 | 3.0% | +35.1% |
| 2013 | 6.2% | +109.7% |
| 2014 | 8.4% | +34.4% |
| 2015 | 8.4% | +0.9% |
| 2016 | 8.8% | +4.4% |
| 2017 | 8.5% | -3.6% |
| 2018 | 4.6% | -46.2% |
| 2019 | 6.2% | +35.4% |
| 2020 | 4.6% | -26.2% |
| 2021 | 3.8% | -16.7% |
| 2022 | 3.5% | -7.7% |
| 2023 | 4.2% | +19.3% |
| 2024 | 4.2% | -0.4% |
Nepal compared with similar countries
- Nepal's 4.2% is below the median for lower middle income countries, which is 9.0%, 46% of the median. (43 countries reporting)
- Nepal's 4.2% is below the median for South Asia, which is 7.2%, 58% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.5% | 0.0% | 22.9% | 10 |
| 1980s | 5.8% | 1.6% | 17.7% | 10 |
| 1990s | 1.3% | 0.3% | 2.7% | 10 |
| 2000s | 1.5% | 1.0% | 2.4% | 10 |
| 2010s | 5.8% | 1.6% | 8.8% | 10 |
| 2020s | 4.0% | 3.5% | 4.6% | 5 |
Countries ranked near Nepal
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)
- Public and publicly guaranteed debt service 8.9% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 1,245 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is short-term debt in Nepal?
- Short-term debt in Nepal was 4.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Nepal?
- The highest recorded value was 22.9% in 1977.
- What is the lowest short-term debt recorded in Nepal?
- The lowest recorded value was 0.0% in 1970.
- How does Nepal rank for short-term debt?
- Nepal ranks 85th out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Nepal?
- Over the last ten years it is down 50.2%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.