Nepal's interest payments (current LCU) was 73.03 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 431.64% from 13.74 billion in 2013 (18.18% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 73.03 billion | 2023 |
| Five years earlier | 16.25 billion | 2018 |
| Ten years earlier | 13.74 billion | 2013 |
| Highest | 73.03 billion | 2023 |
| Lowest | 3.43 billion | 1995 |
| Average since 2014 | 23.42 billion | 2014–2023 |
| First recorded | 3.43 billion |
What the numbers say
On record, the biggest yearly rise was 62.1% in 2018 and the biggest yearly fall was 23% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 6.03 billion a year. A straight line explains 74% of the movement over 9 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 2023, Nepal had the 10th highest value of the 17 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.
Closest to Nepal in the 2023 ranking
What this measures
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 28 values
| Year | Interest payments (current LCU) |
|---|---|
| 2023 | 73,029,560,000 |
| 2022 | no data |
| 2021 | 34,741,110,000 |
| 2020 | 26,060,200,000 |
| 2019 | 20,714,551,000 |
| 2018 | 16,247,311,611 |
| 2017 | 10,023,699,197 |
| 2016 | 8,673,040,021 |
| 2015 | 9,263,198,372 |
| 2014 | 12,037,868,000 |
| 2013 |
Interest payments (current LCU) in nearby economies
- Bangladesh — 706.17 billion (2021)
- Bhutan — 831.63 million (2020)
- India — 8.33 trillion (2022)
- Maldives — 2.1 billion (2021)
- Sri Lanka — 2.46 trillion (2023)
More public sector data for Nepal
- Military expenditure (current USD) — 428.29 million (2025)
- Military expenditure (current LCU) — 59.7 billion (2025)
- Military expenditure (% of GDP) — 0.97% (2025)
- Grants and other revenue (current LCU) — 161.95 billion (2023)
- Grants and other revenue (% of revenue) — 17.79% (2023)
- Revenue, excluding grants (current LCU) — 887.36 billion (2023)
- Revenue, excluding grants (% of GDP) — 16.53% (2023)
- Taxes on exports (current LCU) — 350.12 million (2023)
- Taxes on exports (% of tax revenue) — 0.05% (2023)
- Taxes on goods and services (current LCU) — 345.78 billion (2023)
Reading data like this
Questions people ask
- What is Nepal's interest payments (current LCU)?
- 73.03 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 2,029% from 3.43 billion in 1995 (11.54% a year on average, compounded). The highest value was 73.03 billion in 2023 and the lowest 3.43 billion in 1995.
- How does Nepal rank?
- 10th highest of 17 economies with data for 2023.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator GC.XPN.INTP.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) 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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