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 -3.80 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Government Budget is projected to trend around -3.40 percent of GDP in 2027 and -3.60 percent of GDP in 2028, according to our econometric models.