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Nepal GDP and Economic Data

Includes Nepal real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Nepal economic outlook, debt to GDP ratio, international trade performance and population trends. 

 
 
Source
Central bank

Central Bank of Nepal

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International Reserves

USD 8.3 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

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Gross Domestic Product - GDP

USD 28.8 billion (2018, estimate)

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GDP (Purchasing Power Parity)

USD 86.1 billion (2018, estimate)

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Real GDP growth
2014 2015 2016 2017* 2018*
6.0% 3.3% 0.6% 7.9% 6.3%

*Estimate

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GDP per capita - current prices

USD 972.4 (2018, estimate)

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GDP per capita - PPP

Intl$ 2,904.9 (2018, estimate)

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GDP (PPP) - share of world total

0.07% (2019, estimate)

Source
 
 
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GDP - composition by sector
  • agriculture: 25.0% 
  • industry: 13.4% 
  • services: 50.3%

(2018 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

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Inflation
2014 2015 2016 2017* 2018*
7.2% 9.9% 4.5% 4.2% 4.5%

*Estimate

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Unemployment rate

N/A

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2014 2015 2016 2017* 2018*
25.6% 27.9% 26.1% 30.2% 32.6%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2014 2015 2016 2017* 2018*
0.7% 1.4% -3.1% -6.7% -4.3%

*Estimate

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Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares

N/A

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Largest companies

N/A

Source
 
 
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Current account balance

USD -2.4 billion (2018 estimate)

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Current account balance by percentage of GDP

-8.1% (2018 estimate)

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Exports as percent of GDP (Exports of goods and services)

8.8% (2018)

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Shares in world total merchandising export

0.03% (2018)

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Shares in world total commercial services export

0.02% (2015)

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Total exports

USD 3.3 billion (2018 estimate)

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Export commodities

Clothing, pulses, carpets, textiles, juice, jute goods

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Total imports

USD 18.0 billion (2018 estimate)

Source
 
 
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Import commodities

Petroleum products, machinery and equipment, gold, electrical goods, medicine

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Exports - major partners

India 53.1%, US 11.8%, Turkey 7.2% (2017)

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Imports - major partners

India 70.2%, China 7.5% (2017)

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FDI inflows
2013 2014 2015
USD 71 million USD 30 million USD 51 million
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FDI outflows
2016 2017 2018
$106 million $129 million $161 million
Source
Value of cross-border M&A, by country of purchaser

N/A

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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Source
Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Source
Best countries for doing business

Overall ranking: 94 out of 190 countries

Starting a Business: 135 out of 190 countries

Dealing with Construction Permits: 107 out of 190 countries

Getting Electricity: 135 out of 190 countries

Registering Property: 97 out of 190 countries

Getting Credit: 37 out of 190 countries

Protecting Minority Investors: 79 out of 190 countries

Paying Taxes: 175 out of 190 countries

Trading across Borders: 60 out of 190 countries

Enforcing Contracts: 151 out of 190 countries

Resolving Insolvency: 87 out of 190 countries

World Bank - Doing Business 2019

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Global competitiveness ranking

108 out of 141 countries

World Economic Forum - The Global Competitiveness Index 2019

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Index of Economic Freedom

Ranking: 136 / Score: 53.8 (Mostly unfree)

(100=totally free 0=totally repressed)

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Time zone

UTC+5.75

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Total area

147,181 sq km

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Capital

Kathmandu

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Currency

Nepalese rupees (NPR)

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Government type

Federal parliamentary republic

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Languages

Nepali (official) 44.6%, Maithali 11.7%, Bhojpuri 6%, Tharu 5.8%, Tamang 5.1%, Newar 3.2%, Bajjika 3%, Magar 3%, Doteli 3%, Urdu 2.6%, Avadhi 1.9%, Limbu 1.3%, Gurung 1.2%, Baitadeli 1%, other 6.4%, unspecified 0.2% (2011 est.)

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Religions

Hindu 81.3%, Buddhist 9%, Muslim 4.4%, Kirant 3.1%, Christian 1.4%, other 0.5%, unspecified 0.2% (2011 est.)

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Total population
1990 2000 2010 2015* 2020*
18.9 million 23.9 million 27.0 million 27.0 million 28.8 million

*Estimate

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Urban population as % of total population
1960 1980 2000 2018
3.5% 6.1% 13.4% 19.7%
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Population median age

23.6 years (2016 estimate)

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Population growth rate

1.24% (2016 estimate)

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Life expectancy

70.7 years (2016 estimate)

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Literacy

Total population: 63.9%
Male: 76.4%
Female: 53.1% (2015 est.)

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

14.7% (2010)

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Inequality of wealth distribution (Gini index)

32.8 (2010)

(0=perfect equality, 100=absolute inequality)

Source
Freedom House rating

Political Rights: 3
Civil Liberties: 4 (2017)                         

(1 represents the most free, 7 the least free rating)

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Total telephone subscribers as % of population

Fixed 2.98%   Mobile 96.75% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

17.58% (2015)

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Mercer Cost of living index

N/A

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CO2 emissions emissions(Metric tons of CO2 per capita)

0.2 (2013)

Source

World's Best Internet Banks

2009

World’s Best Foreign Exchange Providers

2011

World's Best Banks By Region

2014

World's Best Banks

2014

Additional Awards

2014
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