Nepal Current Account to GDP

Nepal recorded a Current Account surplus of 3.4 percent of the countrys Gross Domestic Product in the fiscal year 2012-13. Current Account to GDP in Nepal is reported by the Nepal Rastra Bank. From 1999 until 2011, Nepal Current Account to GDP averaged 2.5 Percent reaching an all time high of 5.5 Percent in June of 2004 and a record low of -2.4 Percent in June of 2010. 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. This page provides - Nepal Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.40 4.90 5.50 -2.40 3.53 | 2013/12 1999 - 2013 Percent Yearly

TO

Nepal Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -41668.30 2013-09-30 -45090.00 -3913.30 -45090.00 -42757.98 2013-10-31 Million NPR [+]
Current Account 937.80 2012-12-31 -179.00 937.80 -390.10 1017.39 2013-12-31 USD Million [+]
Current Account to GDP 3.40 2013-06-30 4.90 5.50 -2.40 3.53 2013-12-31 Percent [+]
Exports 7908.70 2013-09-30 7569.40 7908.70 2831.60 7108.00 2013-10-31 Million NPR [+]
Imports 49577.00 2013-09-30 52659.40 52659.40 8000.30 50683.41 2013-10-31 Million NPR [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


RELATED NEWS

Nepal Inflation Rate at 9.72 Percent  
The inflation rate in Nepal was recorded at 9.72 percent in January of 2014. Inflation Rate in Nepal is reported by the Nepal Rastra Bank.
Nepal Interest Rate at 8.00 Percent  
The benchmark interest rate in Nepal was last recorded at 8 percent. Interest Rate in Nepal is reported by the Nepal Rastra Bank.
Nepal Sales Tax Rate | VAT at 13.00 Percent  
The Sales Tax Rate in Nepal stands at 13 percent. Sales Tax Rate in Nepal is reported by the Inland Revenue Department.
Nepal Current Account at 937.80 USD Million  
Nepal recorded a Current Account surplus of 937.80 USD Million in 2012. Current Account in Nepal is reported by the Nepal Rastra Bank.
Nepal Balance of Trade at -41668.30 Million NPR  
Nepal recorded a trade deficit of 41668.30 Million NPR in September of 2013. Balance of Trade in Nepal is reported by the Nepal Rastra Bank.
Nepal Government Debt To GDP at 31.60 Percent  
Nepal recorded a Government Debt to GDP of 31.6 percent of the countrys Gross Domestic Product in the fiscal year 2012-13. Government Debt To GDP in Nepal is reported by the Nepal Rastra Bank.
Nepal Current Account to GDP at 3.40 Percent  
Nepal recorded a Current Account surplus of 3.4 percent of the countrys Gross Domestic Product in the fiscal year 2012-13. Current Account to GDP in Nepal is reported by the Nepal Rastra Bank.
Nepal Government Budget at -1.90 Percent of GDP  
Nepal recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2012/13 fiscal year. Government Budget in Nepal is reported by the Nepal Rastra Bank.
Nepal Exports at 7908.70 Million NPR  
Exports in Nepal increased to 7908.70 Million NPR in September of 2013 from 7569.40 Million NPR in August of 2013. Exports in Nepal is reported by the Nepal Rastra Bank.
Nepal Imports at 49577.00 Million NPR  
Imports in Nepal decreased to 49577 Million NPR in September of 2013 from 52659.40 Million NPR in August of 2013. Imports in Nepal is reported by the Nepal Rastra Bank.
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