Current Account to GDP in Nepal increased to -7.60 percent in 2019 from -8.10 percent in 2018. source: Nepal Rastra Bank

Current Account to GDP in Nepal averaged 1.75 percent from 2000 until 2019, reaching an all time high of 6.20 percent in 2016 and a record low of -8.10 percent in 2018. This page provides - Nepal Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nepal Current Account to GDP - values, historical data and charts - was last updated on February of 2021.

Current Account to GDP in Nepal is expected to reach -9.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Current Account to GDP is projected to trend around -8.50 percent in 2021 and -6.60 percent in 2022, according to our econometric models.

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Nepal Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-7.60 -8.10 6.20 -8.10 2000 - 2019 percent Yearly

Nepal Trade Last Previous Highest Lowest Unit
Balance of Trade -82215.30 -76187.90 -3913.30 -132194.70 Million NPR [+]
Current Account -84708.20 -27179.30 86636.00 -265365.90 Million Rupees [+]
Current Account to GDP -7.60 -8.10 6.20 -8.10 percent [+]
Exports 10823.00 9620.00 11337.80 2831.60 Million NPR [+]
Imports 93038.30 85808.00 141240.60 8000.30 Million NPR [+]
Gold Reserves 6.43 6.43 6.50 0.00 Tonnes [+]
Terms Of Trade 106.60 107.70 163.90 97.80 points [+]
Terrorism Index 5.34 5.09 6.86 4.39 [+]
Foreign Direct Investment 13064.80 17504.60 17504.60 -469.70 NPR Million [+]


Nepal Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.