The Gross Domestic Product (GDP) in Nepal was worth 42.91 billion US dollars in 2024, 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.

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.

Key information about Nepal GDP Per Capita

• Nepal Gross Domestic Product (GDP) per Capita reached 1,399.011 USD in Jul 2023, compared with 1,398.851 USD in Jul 2022.
• Nepal GDP Per Capita data is updated yearly, available from Jul 1960 to Jul 2023, with an average number of 185.594 USD.
• The data reached an all-time high of 1,399.011 USD in Jul 2023 and a record low of 45.088 in Jul 1964.
• CEIC extends history for annual GDP per Capita. The Central Bureau of Statistics provides GDP per Capita in USD, based on SNA 2008. GDP per Capita prior to 2011 is calculated from GDP per Capita, based on SNA 1993. GDP per Capita is in annual frequency, generally ending on July 15th of each year. GDP per Capita prior to 2001 is sourced from the World Bank.

Related information about Nepal GDP Per Capita data

• In the latest reports, Nepal GDP contracted 0.733 % YoY in Dec 2022.
• Nepal Nominal GDP reached 40.828 USD bn in Jul 2022.
• Its GDP deflator (implicit price deflator) increased 9.145 % in Jul 2023.
• Gross Savings Rate of Nepal was measured at 31.410 % in Jul 2023.

The Gross Domestic Product per capita in Nepal was last recorded at 1179.81 US dollars in 2024. 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 Nominal GDP

• Nepal Nominal GDP reached 40.8 USD bn in Jul 2022, compared with 36.9 USD bn in the previous year.
• Nominal GDP in Nepal is updated yearly, available from Jul 2001 to Jul 2022, with an average number of 21.6 USD bn.
• The data reached an all-time high of 40.8 USD bn in Jul 2022 and a record low of 6.0 USD bn in Jul 2001.

CEIC converts annual Nominal GDP into USD. The Central Bureau of Statistics provides Nominal GDP in local currency at producer prices, based on SNA 2008. Nepal Rastra Bank average market exchange rate is used for currency conversions. The fiscal year is from July 16th to July 15th. Nominal GDP prior to 2011 is calculated from Nominal GDP, based on SNA 1993.


Related information about Nepal Nominal GDP

• In the latest reports, Nepal GDP contracted 0.7 % YoY in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 9.1 % in Jul 2023.
• Nepal GDP Per Capita reached 1,399.0 USD in Jul 2023.
• Its Gross Savings Rate was measured at 31.4 % in Jul 2023.
• For Nominal GDP contributions, Investment accounted for 32.6 % in Jul 2023.
• Public Consumption accounted for 5.4 % in Jul 2023.
• Private Consumption accounted for 88.2 % in Jul 2023.

Nepal: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 42.91 billion U.S. dollars, an increase from 41.05 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Nepal from 1960 to 2024 is 9.51 billion U.S. dollars. The minimum value, 0.5 billion U.S. dollars, was reached in 1963 while the maximum of 42.91 billion U.S. dollars was recorded in 2024.

GDP (current US$) in Nepal was reported at 42914268287 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nepal - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The gross domestic product (GDP) per capita in Nepal was estimated at about 1.39 thousand U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by approximately 1.24 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 756.30 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Nepal Real GDP Growth

• The Gross Domestic Product (GDP) in Nepal expanded 0.2 % YoY in Sep 2024, following a growth of 1.3 % in the previous quarter.
• Real GDP Growth YoY data in Nepal is updated quarterly, available from Dec 2004 to Sep 2024, with an average rate of 1.2 %.
• The data reached an all-time high of 14.0 % in Sep 2020 and a record low of -10.5 % in Jun 2020.

CEIC shifts period-end for quarterly Real GDP Growth. The Central Bureau of Statistics provides Real GDP Growth Rate, at 2010-2011 producer prices. Real GDP Growth prior to Q4 2010 is based on Real GDP at 2000-2001 producer prices. Real GDP Growth is reported in quarterly frequency, ending in January, April, July and October.


Related information about Nepal Real GDP Growth

• In the latest reports, Nominal GDP of Nepal reached 40.8 USD bn in Jul 2022.
• Its GDP deflator (implicit price deflator) increased 9.1 % in Jul 2023.
• GDP Per Capita in Nepal reached 1,399.0 USD in Jul 2023.
• Its Gross Savings Rate was measured at 35.6 % in Jul 2024.
• For Nominal GDP contributions, Investment accounted for 30.5 % in Jul 2024.
• Public Consumption accounted for 6.3 % in Jul 2024.
• Private Consumption accounted for 86.1 % in Jul 2024.

Nepal: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from 2024 is 35 billion U.S. dollars, an increase from 33.7 billion U.S. dollars in 2023. In comparison, the world average is 528.3 billion U.S. dollars, based on data from 177 countries. Historically, the average for Nepal from 1960 to 2024 is 12.5 billion U.S. dollars. The minimum value, 3.3 billion U.S. dollars, was reached in 1960 while the maximum of 35 billion U.S. dollars was recorded in 2024.

The Gross Domestic Product per capita in Nepal was last recorded at 5046.82 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Nepal, when adjusted by Purchasing Power Parity is equivalent to 28 percent of the world's average. This dataset provides - Nepal GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nepal NP: GDP: USD data was reported at 24.472 USD bn in 2017. This records an increase from the previous number of 21.132 USD bn for 2016. Nepal NP: GDP: USD data is updated yearly, averaging 3.444 USD bn from Jul 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 24.472 USD bn in 2017 and a record low of 496.099 USD mn in 1964. Nepal NP: GDP: USD 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: Gross Domestic Product: Nominal. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Nepal NP: GDP: USD: per Capita data was reported at 835.080 USD in 2017. This records an increase from the previous number of 729.122 USD for 2016. Nepal NP: GDP: USD: per Capita data is updated yearly, averaging 176.058 USD from Jul 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 835.080 USD in 2017 and a record low of 46.243 USD in 1964. Nepal NP: GDP: USD: per Capita 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: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

GDP of Nepal went up by 4.55% from 41,047,772,331 US dollars in 2023 to 42,914,268,287 US dollars in 2024. Since the 2.20% downward trend in 2020, GDP rocketed by 28.36% in 2024. 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: GDP per capita, constant dollars: The latest value from 2024 is 1179.81 U.S. dollars, an increase from 1136.43 U.S. dollars in 2023. In comparison, the world average is 15841.40 U.S. dollars, based on data from 178 countries. Historically, the average for Nepal from 1960 to 2024 is 545.1 U.S. dollars. The minimum value, 323.26 U.S. dollars, was reached in 1973 while the maximum of 1179.81 U.S. dollars was recorded in 2024.

Nepal: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 5047 U.S. dollars, an increase from 4861 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for Nepal from 1990 to 2024 is 3054 U.S. dollars. The minimum value, 1808 U.S. dollars, was reached in 1990 while the maximum of 5047 U.S. dollars was recorded in 2024.

GDP per capita (constant 2015 US$) in Nepal was reported at 1180 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nepal - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

GDP per capita of Nepal went up by 4.70% from 1,382 US dollars in 2023 to 1,447 US dollars in 2024. Since the 4.07% downward trend in 2020, GDP per capita rocketed by 25.39% in 2024. GDP per capita is gross domestic product divided by midyear population. GDP 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.

GDP per capita (current US$) in Nepal was reported at 1447 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nepal - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Nepal GDP: Per Capita: USD data was reported at 1,433.928 USD in 2024. This records an increase from the previous number of 1,388.674 USD for 2023. Nepal GDP: Per Capita: USD data is updated yearly, averaging 1,102.827 USD from Jul 2011 (Median) to 2024, with 14 observations. The data reached an all-time high of 1,433.928 USD in 2024 and a record low of 808.241 USD in 2012. Nepal GDP: Per Capita: USD data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Nepal – Table NP.A008: SNA08: GDP: per Capita.