GDP Constant Prices in Nepal increased to 2797570.61 NPR Million in 2024 from 2674389.68 NPR Million in 2023. This dataset provides - Nepal Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The growth of the real gross domestic product (GDP) in Nepal was estimated at about 3.10 percent in 2024. From 1980 to 2024, the growth rose by approximately 5.42 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 1.90 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the 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 Market Capitalization: % of GDP

• Nepal Market Capitalization accounted for 76.8 % of its Nominal GDP in Jul 2024, compared with a percentage of 57.9 % in the previous year
• Nepal Market Capitalization: % Nominal GDP is updated yearly, available from Jul 2001 to Jul 2024
• The data reached an all-time high of 98.4 % in Jul 2021 and a record low of 7.1 % in Jul 2003

CEIC calculates Market Capitalization as % of Nominal GDP from annual Market Capitalization and annual Nominal GDP. Nepal Stock Exchange Limited provides Market Capitalization in local currency. The Central Bureau of Statistics provides Nominal GDP in local currency, at producer prices. Market Capitalization as % of Nominal GDP is in annual frequency, generally ending on July 15th of each year. Market Capitalization as % of Nominal GDP prior to 2011 is calculated from Nominal GDP, based on SNA 1993. Market Capitalization as % of Nominal GDP prior to 2003 is calculated from Market Capitalization with an old methodology

Key information about Nepal Gross National Product (GNP)

• Nepal Gross National Product (GNP) was reported at 43.540 USD bn in Dec 2024.
• This records an increase from the previous number of 41.385 USD bn for Dec 2023.
• Nepal Gross National Product (GNP) data is updated yearly, averaging 3.668 USD bn from Dec 1960 to 2024, with 65 observations.
• The data reached an all-time high of 43.540 USD bn in 2024 and a record low of 496.099 USD mn in 1964.

Related information about Nepal Gross National Product (GNP) data

• Nepal Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC shifts year-end for annual Gross National Product and converts it into USD. The Central Bureau of Statistics provides Gross National Product in local currency, based on SNA 1993. Nepal Rastra Bank average market exchange rate is used for currency conversions. Gross National Product is reported in annual frequency, generally ending on July 15th of each year. Gross National Product prior to 2011 is calculated from Gross National Product, based on SNA 1993. Gross National Product prior to 2001 is sourced from the World Bank.

Key information about Nepal National Government Debt

• Nepal National Government Debt reached 14.5 USD bn in Jul 2021, compared with 11.9 USD bn in the previous year.
• Nepal National Government Debt data is updated yearly, available from Jul 1990 to Jul 2021.
• The data reached an all-time high of 14.5 USD bn in Jul 2021 and a record low of 1.9 USD bn in Jul 1990.

CEIC calculates annual Government Debt as the sum of Foreign Government Debt and Domestic Government Debt and converts it into USD. The Ministry of Finance provides Foreign Government Debt in local currency. Nepal Rasta Bank provides Domestic Government Debt in local currency. Nepal Rastra Bank period end market exchange rate used for currency conversions. Government Debt covers Central Government only. Government Debt prior to 1999 is sourced from the World Bank. Government Debt is in annual frequency, generally ending on July 15th of each year.