Nepal Government Budget

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. Government Budget in Nepal averaged -3.43 Percent of GDP from 1999 until 2013, reaching an all time high of -1.50 Percent of GDP in 2001 and a record low of -5.90 Percent of GDP in 2000. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Nepal Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.90 -3.50 -1.50 -5.90 -1.87 | 2013/12 1999 - 2013 Percent of GDP Yearly

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Nepal Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 31.60 2013-06-30 33.80 69.50 32.50 31.61 2013-12-31 Percent [+]
Government Budget -1.90 2013-06-30 -3.50 -1.50 -5.90 -1.87 2013-12-31 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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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