Nepal Government Debt to GDP — 2026 Data & Trend
Nepal's government debt was 47.43% in December 2025, down from 47.90% the previous year. A year earlier it stood at 47.90%.
Nepal's government debt stands at 47.43% as of December 2025. Over the latest readings, the government debt has moved within a band of 24.96% to 52.97%. The most recent figure of 47.43% is down from 47.90% a year earlier, and is 0.47% lower than a year ago.
The trend
Among the 192 economies tracked on this platform, Nepal ranks #112 on government debt by latest value. It fell from 47.90% in the previous year, and compares with a year-earlier 47.90%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 47.43% |
| Dec 2024 | 47.90% |
| Dec 2023 | 46.96% |
| Dec 2022 | 42.73% |
| Dec 2021 | 43.28% |
| Dec 2020 | 43.31% |
| Dec 2019 | 34.03% |
| Dec 2018 | 31.09% |
Data: Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Nepal Have in 2026?
Nepal's government debt was 47.43% in December 2025, down from 47.90% the previous year. A year earlier it stood at 47.90%.
Is the government debt rising or falling in Nepal?
It fell in the latest reading — 47.43% in December 2025 versus 47.90% a year earlier. Year on year it is lower.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).