Nepal's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) was US$114.04 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 165.04% from US$43.03 million in 2014 (10.24% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$114.04 million | 2024 |
| Five years earlier | US$118.27 million | 2019 |
| Ten years earlier | US$43.03 million | 2014 |
| Highest | US$271 million | 2022 |
| Lowest | US$43.03 million | 2014 |
| Average since 2015 | US$134.45 million | 2015–2024 |
| First recorded | US$43.03 million |
What the numbers say
In 2024, Nepal's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) fell 46.5% on 2023 (from US$213.12 million to US$114.04 million).
Across the 9 yearly changes before that (2015 to 2023), the average change was +23.9% and a typical year strayed about 34.7% from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 73.2% in 2018 and the biggest yearly fall was 46.5% in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$15.28 million a year. A straight line explains 49% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Nepal had the 77th highest value of the 86 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Nepal | US$114.04 million | 2024 |
| South Asia | US$334.73 billion | 2024 |
| Lower middle income | US$603.51 billion | 2024 |
Closest to Nepal in the 2024 ranking
- Côte d'Ivoire — 74th of 86: US$239.97 million
- Solomon Islands — 75th of 86: US$229.5 million
- Liberia — 76th of 86: US$145.76 million
- Eswatini — 78th of 86: US$102.34 million
- Belize — 79th of 86: US$90.17 million
- Bhutan — 80th of 86: US$43.86 million
What this measures
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 11 values
| Year | External debt stocks, private nonguaranteed (PNG) (DOD, current US$) |
|---|---|
| 2024 | 114,035,000 |
| 2023 | 213,122,000 |
| 2022 | 271,002,000 |
| 2021 | 166,238,000 |
| 2020 | 118,271,000 |
| 2019 | 118,271,000 |
| 2018 | 129,349,000 |
| 2017 | 74,686,000 |
| 2016 | 82,984,000 |
| 2015 | 56,555,000 |
External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in nearby economies
- Bangladesh — US$9.29 billion (2024)
- Bhutan — US$43.86 million (2024)
- India — US$316.36 billion (2024)
- Maldives — US$352.73 million (2024)
- Sri Lanka — US$8.57 billion (2024)
More economic policy & debt data for Nepal
- Total reserves, including gold (current US$) — US$21.1 billion (2025)
- Total reserves, excluding gold (current US$) — US$19.98 billion (2025)
- Services, value added (current US$) — US$24.73 billion (2025)
- Services, value added (current LCU) — 3.37 trillion (2025)
- Services, value added (% of GDP) — 54.37% (2025)
- Gross Value Added (GVA) at basic prices (current US$) — US$40.02 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 5.45 trillion (2025)
- GDP (current US$) — US$45.49 billion (2025)
- GDP (current LCU) — 6.2 trillion (2025)
- GDP (constant 2015 US$) — US$36.54 billion (2025)
Reading data like this
Questions people ask
- What is Nepal's external debt stocks, private nonguaranteed (PNG) (DOD, current US$)?
- US$114.04 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2014?
- It is up 165.04% from US$43.03 million in 2014 (10.24% a year on average, compounded). The highest value was US$271 million in 2022 and the lowest US$43.03 million in 2014.
- How does Nepal rank?
- 77th highest of 86 economies with data for 2024.
- Is the latest change in external debt stocks, private nonguaranteed (PNG) (DOD, current US$) unusual for Nepal?
- In 2024, Nepal's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) fell 46.5% on 2023 (from US$213.12 million to US$114.04 million). Across the 9 yearly changes before that (2015 to 2023), the average change was +23.9% and a typical year strayed about 34.7% from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.DOD.DPNG.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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