Nepal - Central government debt, total (current LCU)

The value for Central government debt, total (current LCU) in Nepal was 403,903,000,000 as of 2010. As the graph below shows, over the past 20 years this indicator reached a maximum value of 403,903,000,000 in 2010 and a minimum value of 54,418,100,000 in 1990.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 54,418,100,000
1991 80,361,000,000
1992 94,159,000,000
1993 111,877,000,000
1994 132,598,000,000
1995 145,058,000,000
1996 162,286,000,000
1997 167,978,000,000
1998 199,615,000,000
1999 219,136,000,000
2000 245,048,000,000
2001 260,448,000,000
2002 293,747,000,000
2003 308,079,000,000
2004 318,913,000,000
2005 305,107,000,000
2006 324,995,000,000
2007 312,810,000,000
2008 357,258,000,000
2010 403,903,000,000

Limitations and Exceptions: 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). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance