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Nepal

Headline economic indicators for Nepal, with the most recent official readings.

Prices

Prices — Nepal
Indicator Value Change
Inflation rate · 2.7% -2.03 (-43.4%)
Consumer price index · 254.6 +6.58 (+2.7%)
GDP deflator inflation · 3.1% -0.45 (-12.9%)

GDP

GDP — Nepal
Indicator Value Change
GDP growth rate · 4.4% +0.75 (+20.5%)
GDP per capita · 1,535.88 +75.60 (+5.2%)
GDP per capita, long-run history · 3,014 +111.47 (+3.8%)
GDP · 45,489,810,283.11 +2,190,898,583 (+5.1%)
GDP, PPP · 182,896,587,087 +12,532,149,457 (+7.4%)
GDP per capita, PPP · 6,175 +429.51 (+7.5%)
GDP per capita growth · 4.5% +0.72 (+18.7%)
GNI per capita · 1,570 +90.00 (+6.1%)
Agriculture to GDP · 21.6% -0.12 (-0.5%)
Industry to GDP · 12.1% -0.01 (-0.1%)
Manufacturing to GDP · 5.0% -0.03 (-0.6%)
Services to GDP · 54.4% -0.52 (-1.0%)
Household consumption to GDP · 84.7% -0.85 (-1.0%)
Gross capital formation to GDP · 29.4% +0.80 (+2.8%)
Gross savings to GDP · 43.1% +7.01 (+19.4%)

Labour

Labour — Nepal
Indicator Value Change
Unemployment rate · 10.5% -0.04 (-0.3%)
Labour force participation rate · 39.2% -0.07 (-0.2%)
Female labour force participation rate · 27.5% +0.09 (+0.3%)
Youth unemployment rate · 20.6% -0.08 (-0.4%)
Employment to population ratio · 35.1% -0.05 (-0.1%)
Employment in agriculture · 22.9% -0.57 (-2.4%)
Employment in industry · 31.3% +0.25 (+0.8%)
Employment in services · 45.8% +0.32 (+0.7%)

Money

Money — Nepal
Indicator Value Change
Broad money to GDP · 131.2% +6.16 (+4.9%)
Private sector credit to GDP · 90.5% -0.75 (-0.8%)
Bank nonperforming loans · 5.2% +0.52 (+11.2%)
Official exchange rate · 139.12 +5.39 (+4.0%)

Trade

Trade — Nepal
Indicator Value Change
Current account to GDP · 10.7% +6.80 (+175.9%)
Exports to GDP · 8.8% +1.27 (+16.9%)
Imports to GDP · 33.7% +1.11 (+3.4%)
Trade to GDP · 42.6% +2.38 (+5.9%)
Exports of goods and services · 4,015,673,776.79 +744,772,896 (+22.8%)
Imports of goods and services · 15,341,170,693.8 +1,218,894,344 (+8.6%)
Trade balance, goods and services (annual) · -11,565,227,802.33 -596,411,016 (-5.4%)
Current account balance (annual) · 4,855,136,909.9 +3,180,243,335 (+189.9%)
Foreign direct investment to GDP · 0.1% -0.04 (-27.1%)
Remittances received to GDP · 32.3% +6.32 (+24.3%)
Total reserves, including gold · 21,100,332,321.69 +5,253,551,023 (+33.2%)
Reserves in months of imports · 15.5 +2.55 (+19.6%)
External debt to GNI · 23.3% -0.76 (-3.2%)

Government

Government — Nepal
Indicator Value Change
Government debt to GDP · 39.9% +0.87 (+2.2%)
Government revenue to GDP · 16.5% -3.35 (-16.8%)
Government expense to GDP · 19.4% -0.72 (-3.6%)
Tax revenue to GDP · 13.9% -3.54 (-20.2%)
Government budget balance to GDP · -5.9% -1.88 (-47.0%)
Government consumption to GDP · 8.4% +0.64 (+8.3%)
Education spending to GDP · 3.7% -0.27 (-6.8%)
Health spending to GDP · 6.2% -0.37 (-5.7%)

Demography

Demography — Nepal
Indicator Value Change
Population · 29,618,118 -32,936 (-0.1%)
Population, long-run history · 31,845 +534.36 (+1.7%)
Population growth · -0.1% +0.04 (+24.3%)
Life expectancy · 70.6 +0.28 (+0.4%)
Fertility rate · 1.96 -0.02 (-1.2%)
Birth rate · 19.0 -0.38 (-2.0%)
Death rate · 7.0 +0.04 (+0.6%)
Urban population share · 67.0% +0.23 (+0.3%)
Population aged 65 and over · 6.6% +0.12 (+1.9%)
Under-five mortality rate · 25.1 -1.00 (-3.8%)
Population density · 206.8 -0.30 (-0.1%)
Net migration · -364,699 +36,583 (+9.1%)
Gini index · 30.0 -2.80 (-8.5%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Nepal; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.