Nepal recorded a Current Account deficit of 7.70 percent of the country's Gross Domestic Product in 2019.

Current Account to GDP in Nepal averaged 1.74 percent from 2000 until 2019, reaching an all time high of 6.20 percent in 2016 and a record low of -8.20 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 October of 2020.

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
-7.70 -8.20 6.20 -8.20 2000 - 2019 percent Yearly

Nepal Trade Last Previous Highest Lowest Unit
Balance of Trade -69737.30 -39356.80 -3913.30 -132194.70 Million NPR [+]
Current Account -84708.20 -27179.30 86636.00 -265365.90 Million Rupees [+]
Current Account to GDP -7.70 -8.20 6.20 -8.20 percent [+]
Exports 5938.30 3246.10 11337.80 2831.60 Million NPR [+]
Imports 75675.60 42602.90 141240.60 8000.30 Million NPR [+]
Gold Reserves 6.40 6.40 6.50 0.00 Tonnes [+]
Terms Of Trade 103.40 105.60 163.90 97.80 points [+]
Terrorism Index 5.09 5.30 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.