The Gross Domestic Product (GDP) in Nepal was worth 40.91 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Nepal represents 0.04 percent of the world economy. This dataset provides - Nepal GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nepal economic growth for 2023 was 40.91 billion US dollars, a 0.67% decline from 2022.

<ul style='margin-top:20px;'>

<li>Nepal economic growth for 2022 was <strong>41.18 billion US dollars</strong>, a <strong>11.53% increase</strong> from 2021.</li>
<li>Nepal economic growth for 2021 was <strong>36.92 billion US dollars</strong>, a <strong>10.44% increase</strong> from 2020.</li>
<li>Nepal economic growth for 2020 was <strong>33.43 billion US dollars</strong>, a <strong>2.2% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Nepal: Economic growth forecast: The latest value from 2030 is 5 percent, unchanged from 5 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Nepal from 1980 to 2030 is 4.39 percent. The minimum value, -2.98 percent, was reached in 1983 while the maximum of 9.68 percent was recorded in 1984.

Nepal NP: Import Value Index data was reported at 549.815 2000=100 in 2016. This records an increase from the previous number of 422.860 2000=100 for 2015. Nepal NP: Import Value Index data is updated yearly, averaging 90.210 2000=100 from Dec 1980 (Median) to 2016, with 37 observations. The data reached an all-time high of 549.815 2000=100 in 2016 and a record low of 21.755 2000=100 in 1980. Nepal NP: Import Value Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Trade Index. Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's import value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the import value indexes are derived from import volume indexes (line 73) and corresponding unit value indexes of imports (line 75) in the IMF's International Financial Statistics.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;

The Gross Domestic Product (GDP) in Nepal expanded 4.60 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Nepal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nepal NP: Export Value Index data was reported at 86.561 2000=100 in 2016. This records a decrease from the previous number of 89.635 2000=100 for 2015. Nepal NP: Export Value Index data is updated yearly, averaging 58.955 2000=100 from Dec 1980 (Median) to 2016, with 37 observations. The data reached an all-time high of 116.762 2000=100 in 2008 and a record low of 9.988 2000=100 in 1980. Nepal NP: Export Value Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Trade Index. Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;

The gross domestic product (GDP) in current prices in Nepal was estimated at about 43.42 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 41.16 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 28.36 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

In 2023, just over 55.36 percent of Nepal’s gross domestic product (GDP) came from its service sector. Agriculture contributed the second largest amount, while eleven percent came from the industry sector. The majority of the Nepalese population lives in rural areas, and are depended on agriculture for their livelihood. A struggling but strong population Around 63 percent of Nepal’s 29.6 million inhabitants are part of the workforce, i.e. between 15 to 64 years old. Though the country has a very low unemployment rate (probably due to the fact that agricultural occupations are usually not taken into account when calculating national unemployment) , it is considered a country weighed down by high poverty, with a consistent trade deficit and a volatile inflation rate. However, recent perceptions of children’s living standards when they grow up in Nepal are overwhelmingly of the opinion that the standard of living is better. The Nepalese economy Nepal has robust ties with the country of India, which is both the country’s main export partner, as well as its main import partner . Nepal’s economy has been under the influence of political instability over the course of the country’s history: a monarchy until the early 2000s, it then became a republic with a Maoist-dominated government. Lately, Nepal made several attempts to improve its economic situation, but still relies heavily on remittances and foreign aid.

Nepal: Human Development Index (0 - 1): The latest value from 2022 is 0.601 points, a decline from 0.602 points in 2021. In comparison, the world average is 0.727 points, based on data from 185 countries. Historically, the average for Nepal from 1980 to 2022 is 0.486 points. The minimum value, 0.286 points, was reached in 1980 while the maximum of 0.602 points was recorded in 2020.

Historical chart and dataset showing Nepal GDP by year from 1960 to 2023.

Graph and download economic data for World Uncertainty Index for Nepal (WUINPL) from Q3 1966 to Q1 2025 about Nepal, uncertainty, World, and indexes.

Nepal Export Value Index data was reported at 233.718 2015=100 in 2021. This records an increase from the previous number of 118.769 2015=100 for 2020. Nepal Export Value Index data is updated yearly, averaging 87.696 2015=100 from Dec 1980 (Median) to 2021, with 42 observations. The data reached an all-time high of 233.718 2015=100 in 2021 and a record low of 11.143 2015=100 in 1980. Nepal Export Value Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Trade Index. Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.;United Nations Conference on Trade and Development;;

The Gross Domestic Product per capita in Nepal was last recorded at 1136.09 US dollars in 2023. The GDP per Capita in Nepal is equivalent to 9 percent of the world's average. This dataset provides - Nepal GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Nepal Producer Price Index Growth

• Nepal Producer Price Index (PPI) grew 5.7 % YoY in Jun 2022, compared with a growth of 9.0 % YoY in the previous quarter.
• Nepal Producer Price Index data is updated quarterly, available from Sep 2016 to Jun 2022, with an average change of 4.5 % YoY.
• The data reached an all-time high of 10.6 % YoY in Dec 2021 and a record low of -1.0 % YoY in Dec 2019.

CEIC shifts quarter-end for quarterly Producer Price Index Growth. The Central Bureau of Statistics provides Producer Price Index with base 2014-2015=100. Producer Price Index excludes Construction. Producer Price Index are reported in quarterly frequency, ending in January, April, July, October of each year.

Nepal NP: Gini Coefficient (GINI Index): World Bank Estimate data was reported at 32.800 % in 2010. This records a decrease from the previous number of 43.800 % for 2003. Nepal NP: Gini Coefficient (GINI Index): World Bank Estimate data is updated yearly, averaging 35.200 % from Dec 1995 (Median) to 2010, with 3 observations. The data reached an all-time high of 43.800 % in 2003 and a record low of 32.800 % in 2010. Nepal NP: Gini Coefficient (GINI Index): World Bank Estimate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Poverty. Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

Nepal NP: Consumer Price Index data was reported at 171.138 2010=100 in 2017. This records an increase from the previous number of 165.784 2010=100 for 2016. Nepal NP: Consumer Price Index data is updated yearly, averaging 25.445 2010=100 from Dec 1964 (Median) to 2017, with 54 observations. The data reached an all-time high of 171.138 2010=100 in 2017 and a record low of 2.969 2010=100 in 1964. Nepal NP: Consumer Price Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nepal – Table NP.IMF.IFS: Consumer & Producer Price Index: Annual.

Key information about Nepal Industrial Production Index Growth

• Nepal Industrial production rose 7.9 % YoY in Jul 2018, following an increase of 5.9 % YoY in the previous quarter.
• Nepal Industrial production index growth rate YoY data is updated quarterly, available from Oct 2016 to Jul 2018, with an average rate of 12.2 %.
• The data reached an all-time high of 27.5 % in Jan 2017 and a record low of 5.9 % in Apr 2018.

CEIC calculates quarterly Industrial Production Index Growth from quarterly Industrial Production Index. The Central Bureau of Statistics provides Industrial Production Index with base 2014-2015=100. Industrial Production Index covers Manufacturing sector only. Industrial Production Index is in quarterly frequency, ending in April, July, October, January of each year.

Nepal Import Value Index data was reported at 238.930 2015=100 in 2021. This records an increase from the previous number of 148.174 2015=100 for 2020. Nepal Import Value Index data is updated yearly, averaging 22.897 2015=100 from Dec 1980 (Median) to 2021, with 42 observations. The data reached an all-time high of 238.930 2015=100 in 2021 and a record low of 5.145 2015=100 in 1980. Nepal Import Value Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Trade Index. Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.;United Nations Conference on Trade and Development;;

Nepal NP: Net Barter Terms of Trade Index data was reported at 84.802 2000=100 in 2016. This records a decrease from the previous number of 85.053 2000=100 for 2015. Nepal NP: Net Barter Terms of Trade Index data is updated yearly, averaging 83.004 2000=100 from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 101.429 2000=100 in 2001 and a record low of 71.876 2000=100 in 2008. Nepal NP: Net Barter Terms of Trade Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Trade Index. Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, international and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;

Nepal NP: Human Capital Index (HCI): Scale 0-1 data was reported at 0.490 NA in 2017. Nepal NP: Human Capital Index (HCI): Scale 0-1 data is updated yearly, averaging 0.490 NA from Dec 2017 (Median) to 2017, with 1 observations. Nepal NP: Human Capital Index (HCI): Scale 0-1 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank: Human Capital Index. The HCI calculates the contributions of health and education to worker productivity. The final index score ranges from zero to one and measures the productivity as a future worker of child born today relative to the benchmark of full health and complete education.; ; World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498; ;