Nepal - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Nepal was ($9,130,159,000) as of 2020. Over the past 55 years, the value for this indicator has fluctuated between ($656,254) in 1967 and ($11,517,210,000) in 2019.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 ($45,281,530)
1966 ($28,218,930)
1967 ($656,254)
1968 ($5,059,912)
1969 ($25,283,950)
1970 ($29,432,100)
1971 ($32,888,890)
1972 ($23,111,110)
1973 ($36,567,170)
1974 ($62,095,860)
1975 ($70,368,960)
1976 ($49,445,400)
1977 ($34,960,000)
1978 ($78,614,680)
1979 ($77,416,680)
1980 ($139,916,700)
1981 ($152,833,300)
1982 ($172,846,900)
1983 ($271,247,900)
1984 ($227,059,800)
1985 ($221,916,100)
1986 ($246,320,400)
1987 ($268,913,200)
1988 ($381,294,000)
1989 ($395,379,700)
1990 ($403,897,700)
1991 ($458,559,900)
1992 ($332,501,100)
1993 ($377,850,000)
1994 ($506,077,500)
1995 ($420,050,200)
1996 ($579,785,000)
1997 ($559,740,500)
1998 ($537,368,800)
1999 ($345,813,100)
2000 ($502,316,500)
2001 ($641,455,800)
2002 ($650,860,000)
2003 ($813,349,000)
2004 ($929,747,300)
2005 ($1,211,049,000)
2006 ($1,616,004,000)
2007 ($1,948,232,000)
2008 ($2,569,879,000)
2009 ($2,859,044,000)
2010 ($4,291,886,000)
2011 ($4,462,442,000)
2012 ($4,432,061,000)
2013 ($5,158,489,000)
2014 ($5,849,878,000)
2015 ($6,391,433,000)
2016 ($6,316,508,000)
2017 ($8,406,985,000)
2018 ($10,865,910,000)
2019 ($11,517,210,000)
2020 ($9,130,159,000)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Nepal was -1,061,940,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of -5,000,000 in 1967 and a minimum value of -1,300,060,000,000 in 2019.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1965 -345,000,000
1966 -215,000,000
1967 -5,000,000
1968 -47,000,000
1969 -256,000,000
1970 -298,000,000
1971 -333,000,000
1972 -234,000,000
1973 -375,000,000
1974 -653,000,100
1975 -740,000,000
1976 -591,999,900
1977 -437,000,000
1978 -966,999,900
1979 -929,000,200
1980 -1,679,000,000
1981 -1,834,000,000
1982 -2,236,000,000
1983 -3,742,000,000
1984 -3,465,000,000
1985 -3,946,000,000
1986 -4,814,800,000
1987 -5,807,370,000
1988 -8,409,440,000
1989 -10,012,160,000
1990 -11,514,480,000
1991 -14,476,740,000
1992 -14,929,300,000
1993 -18,136,800,000
1994 -24,797,800,000
1995 -20,918,500,000
1996 -31,917,160,000
1997 -31,922,000,000
1998 -33,290,000,000
1999 -23,498,000,000
2000 -34,695,000,000
2001 -47,147,000,000
2002 -49,419,800,000
2003 -63,242,600,000
2004 -68,606,700,000
2005 -87,796,300,000
2006 -116,877,000,000
2007 -137,326,000,000
2008 -167,084,000,000
2009 -219,799,000,000
2010 -319,900,000,000
2011 -322,517,000,000
2012 -359,084,000,000
2013 -453,719,000,000
2014 -574,531,000,000
2015 -635,879,000,000
2016 -671,773,000,000
2017 -892,927,000,000
2018 -1,134,110,000,000
2019 -1,300,060,000,000
2020 -1,061,940,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Nepal was -27.127 as of 2020. Its highest value over the past 55 years was -0.078 in 1967, while its lowest value was -33.690 in 2019.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 -6.159
1966 -3.112
1967 -0.078
1968 -0.655
1969 -3.206
1970 -3.399
1971 -3.726
1972 -2.257
1973 -3.762
1974 -5.098
1975 -4.466
1976 -3.403
1977 -2.529
1978 -4.901
1979 -4.182
1980 -7.190
1981 -6.716
1982 -7.216
1983 -11.084
1984 -8.797
1985 -8.470
1986 -8.640
1987 -9.093
1988 -10.935
1989 -11.216
1990 -11.134
1991 -11.694
1992 -9.776
1993 -10.324
1994 -12.444
1995 -9.544
1996 -12.823
1997 -11.380
1998 -11.066
1999 -6.870
2000 -9.143
2001 -10.678
2002 -10.756
2003 -12.848
2004 -12.782
2005 -14.896
2006 -17.869
2007 -18.868
2008 -20.485
2009 -22.241
2010 -26.820
2011 -20.639
2012 -20.421
2013 -23.276
2014 -25.735
2015 -26.237
2016 -25.756
2017 -29.018
2018 -32.816
2019 -33.690
2020 -27.127

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts