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19 September 2021
13:58 hour

Nepal Current Account to GDP

Trading Economics

11/09/2021 - 17:14

Current Account to GDP in Nepal increased to -7.60 percent in 2019 from -8.10 percent in 2018. Current Account to GDP in Nepal averaged 1.75 percent from 2000 until 2019, reaching an all time high of 6.20 percent in 2016 and a record low of -8.10 percent in 2018. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Nepal Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.


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