Private credit by deposit money banks to GDP in Nepal

Nepal: Private credit by deposit money banks to GDP was 105.3% in 2021. ◆ Volatile

Latest (2021)
105.3%
Change on year
up 20.0%
World rank
22nd
of 187 countries
All-time high
105.3%
in 2021
All-time low
1.0%
in 1963
Years of data
62
1960–2021

Private credit by deposit money banks to GDP in Nepal, 1960–2021

0255075100196019902021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

Nepal recorded 105.3% for private credit by deposit money banks to gdp in 2021. That is the highest value across all 62 years on record.

Compared with earlier readings it is up 20.0% on the previous year and up 129.4% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Nepal peaked at 105.3% in 2021 and was at its lowest, 1.0%, in 1963.

Nepal ranks 22nd of 187 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Private credit by deposit money banks to GDP in Nepal, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Nepal, 1960 to 2021.
Year % Change
1960 1.0%
1961 1.2% +16.7%
1962 1.2% +1.1%
1963 1.0% -21.7%
1964 1.2% +19.8%
1965 1.5% +29.4%
1966 1.3% -11.0%
1967 1.5% +9.4%
1968 1.9% +28.7%
1969 2.0% +8.8%
1970 2.3% +11.8%
1971 3.2% +42.8%
1972 3.1% -4.0%
1973 3.6% +16.1%
1974 3.7% +3.4%
1975 4.0% +8.2%
1976 3.5% -14.5%
1977 4.0% +16.5%
1978 4.8% +19.6%
1979 5.4% +11.9%
1980 7.2% +33.9%
1981 7.7% +7.1%
1982 7.6% -2.1%
1983 6.6% -12.7%
1984 6.8% +2.3%
1985 7.6% +12.1%
1986 8.4% +10.1%
1987 8.3% -1.0%
1988 9.4% +14.0%
1989 10.4% +10.8%
1990 10.2% -2.7%
1991 10.6% +3.9%
1992 10.7% +1.0%
1993 11.6% +9.0%
1994 14.9% +28.3%
1995 18.4% +23.4%
1996 18.6% +1.1%
1997 19.0% +2.3%
1998 23.0% +20.7%
1999 23.2% +0.8%
2000 24.7% +6.4%
2001 25.4% +3.1%
2002 22.1% -13.2%
2003 22.8% +3.3%
2004 23.5% +3.0%
2005 24.9% +5.8%
2006 27.7% +11.4%
2007 31.4% +13.3%
2008 35.5% +13.1%
2009 51.4% +44.8%
2010 47.4% -7.8%
2011 45.9% -3.2%
2012 48.4% +5.4%
2013 50.2% +3.7%
2014 54.2% +8.0%
2015 56.7% +4.5%
2016 69.7% +22.9%
2017 68.4% -1.8%
2018 76.2% +11.3%
2019 78.8% +3.5%
2020 87.8% +11.3%
2021 105.3% +20.0%

Nepal compared with similar countries

  • Nepal's 105.3% is above the median for lower middle income countries, which is 22.2%, 4.7× the median. (46 countries reporting)
  • Nepal's 105.3% is above the median for South Asia, which is 50.8%, 2.1× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.4% 1.0% 2.0% 10
1970s 3.8% 2.3% 5.4% 10
1980s 8.0% 6.6% 10.4% 10
1990s 16.0% 10.2% 23.2% 10
2000s 28.9% 22.1% 51.4% 10
2010s 59.6% 45.9% 78.8% 10
2020s 96.6% 87.8% 105.3% 2

Countries ranked near Nepal

  1. 19 Norway 121.3% compare
  2. 20 Japan 119.2% compare
  3. 21 France 115.4% compare
  4. 23 Iceland 102.6% compare
  5. 24 Lebanon 101.6% compare
  6. 25 Luxembourg 99.3% compare

See the full ranking of 187 places →

More financial sector data for Nepal

All data for Nepal →

Frequently asked questions

What is private credit by deposit money banks to gdp in Nepal?
Private credit by deposit money banks to gdp in Nepal was 105.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks to gdp recorded in Nepal?
The highest recorded value was 105.3% in 2021.
What is the lowest private credit by deposit money banks to gdp recorded in Nepal?
The lowest recorded value was 1.0% in 1963.
How does Nepal rank for private credit by deposit money banks to gdp?
Nepal ranks 22nd out of 187 countries with data for 2021.
Is private credit by deposit money banks to gdp rising or falling in Nepal?
Over the last ten years it is up 129.4%. The long-run trend across the full record is volatile.
Where does this Nepal data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks to GDP in Nepal. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/nepal/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).