Nepal recorded a Government Budget deficit equal to 9 percent of the country's Gross Domestic Product in 2023. Government Budget in Nepal averaged -3.94 percent of GDP from 1999 until 2024, reaching an all time high of -1.30 percent of GDP in 2013 and a record low of -9.30 percent of GDP in 2017. source: Nepal Rastra Bank
Government Budget in Nepal is expected to reach -9.60 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Government Budget is projected to trend around -10.00 percent of GDP in 2026 and -9.00 percent of GDP in 2027, according to our econometric models.