Inflation Rate in Nepal decreased to 2.20 percent in July from 2.72 percent in June of 2025. This dataset provides the latest reported value for - Nepal Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2019, the average inflation rate in Nepal was at 4.62 percent, a slight drop compared to the previous year. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. Political and economic turmoilThe Nepalese economy is heavily influenced by the country’s political situation. It has made only slow progress in connecting with the global economy and improving the standard of living for its inhabitants but is now finally picking up speed. Nepal’s economy is not stable yet: Inflation is decreasing but all over the place – usually a sure sign of a struggling economy – and GDP growth is also not steady and forecast to decrease again in the future. Additionally, Nepal’s trade deficit seems to be in free fall. Move to the cityA quarter of Nepal’s, mostly rural, population is living below the poverty line, but Nepal is working on improving their outlook in the future. Today, agriculture contributes about a third to the country’s GDP, and a sizeable share of commodity exports consists of agricultural products – but already the lion’s share of Nepal’s GDP is generated by the services sector, like tourism and textiles. By shifting GDP generation to services, and consequently creating jobs in the cities and attracting more people to urban areas, Nepal might finally be able to stabilize its economy and provide better living standards for its inhabitants.

Nepal: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 7.1 percent, a decline from 7.7 percent in 2022. In comparison, the world average is 9.8 percent, based on data from 168 countries. Historically, the average for Nepal from 1965 to 2023 is 7.8 percent. The minimum value, -3.1 percent, was reached in 1976 while the maximum of 19.8 percent was recorded in 1974.

Inflation, consumer prices (annual %) in Nepal was reported at 7.1148 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nepal - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Historical dataset showing Nepal inflation rate by year from 1965 to 2023.

Inflation, monthly percent change in the CPI in Nepal, October, 2024 The most recent value is 0.89 percent as of October 2024, an increase compared to the previous value of 0.56 percent. Historically, the average for Nepal from September 2013 to October 2024 is 0.48 percent. The minimum of -3.01 percent was recorded in May 2018, while the maximum of 4.84 percent was reached in August 2014. | TheGlobalEconomy.com

Cost of food in Nepal decreased 1.19 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Nepal Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This dataset consists of the inflation rate for Nepal from the year 1965 till 2012. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.

Nepal: Inflation forecast: The latest value from 2030 is 5 percent, unchanged from 5 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Nepal from 1981 to 2030 is 7.71 percent. The minimum value, 0.6 percent, was reached in 2000 while the maximum of 21.7 percent was recorded in 1986.

Key information about Nepal Consumer Price Index CPI growth

• Nepal Consumer Price Index (CPI) growth was measured at 4.2 % YoY in Feb 2025, compared with a rate of 5.4 % in the previous month.
• Nepal Consumer Price Index growth data is updated monthly, available from Jul 1964 to Feb 2025, with an averaged number of 7.9 % YoY.
• The data reached an all-time high of 30.4 % YoY in May 1966 and a record low of -11.5 % YoY in May 1967.

CEIC extends history for Consumer Price Index Growth. Nepal Rastra Bank provides Consumer Price Growth with base 2023-2024=100. Consumer Price Index Growth prior to August 2021 is calculated from Consumer Price Index with base 2014-2015=100. Consumer Price Index Growth prior to August 2013 is calculated from Consumer Price Index with base 2005-2006=100 and prior to August 1974 is from Consumer Price Index sourced from the International Monetary Fund. The Nepalese calendar begins approximately on 16th of the previous month and ends on 15th of the reference month.

Inflation, GDP deflator: linked series (annual %) in Nepal was reported at 2.613 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nepal - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

2.6 (%) in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Nepal NP: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 7.586 % in 2017. This records an increase from the previous number of 5.072 % for 2016. Nepal NP: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 6.957 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 18.489 % in 1992 and a record low of 3.070 % in 2003. Nepal NP: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series 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: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Népal was 2.86 pour cent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 2.25 pour cent. Compared to a year ago, we see a decrease from the...

This scatter chart displays inflation (annual %) against expense (% of GDP) in Nepal. The data is about countries per year.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This scatter chart displays inflation (annual %) against access to electricity (% of population) in Nepal. The data is about countries per 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 NP: Real Interest Rate data was reported at -6.207 % pa in 2010. This records an increase from the previous number of -6.823 % pa for 2009. Nepal NP: Real Interest Rate data is updated yearly, averaging 3.657 % pa from Dec 1975 (Median) to 2010, with 29 observations. The data reached an all-time high of 18.214 % pa in 1977 and a record low of -12.173 % pa in 1975. Nepal NP: Real Interest Rate 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: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

This horizontal bar chart displays inflation (annual %) by capital city using the aggregation median in Nepal. The data is about countries per year.