Nepal Economy: GDP, Inflation, CPI & Interest Rates

This chart displays Economic Growth (GDP, annual variation in %) for Nepal from 2013 to 2022.

Nepal Economic Data

	2018	2019	2020	2021	2022
Population (million)	28.5	28.8	29.3	29.7	30.2
GDP (USD bn)	31.6	34.2	32.8	36.2	38.6
GDP per Capita (USD)	1,108	1,188	1,117	1,217	1,281
GDP (LCU bn)	3,456	3,859	3,889	4,277	4,852
Economic Growth (Nominal GDP, ann. var. %)	12.3	11.7	0.8	10.0	13.4
Economic Growth (GDP, ann. var. %)	7.6	6.7	-2.4	4.8	5.6
Fiscal Balance (% of GDP)	-5.4	-4.5	-4.7	-3.2	-2.3
Public Debt (% of GDP)	31.1	34.0	43.3	43.3	43.1
Inflation (CPI, ann. var. %, eop)	3.7	6.5	2.9	7.1	7.4
Inflation (CPI, ann. var. %, aop)	4.1	5.6	5.1	4.1	7.7
Policy Rate (%, eop)	6.50	6.00	5.00	5.00	8.50
Exchange Rate (NPR per USD, eop)	112	114	117	118	132
Exchange Rate (LCU per USD, aop)	109	113	119	118	126
Current Account Balance (USD bn)	-2.4	-2.4	-0.3	-2.8	-5.2
Current Account Balance (% of GDP)	-7.4	-6.9	-1.0	-7.9	-13.4
Merchandise Trade Balance (USD bn)	-11.9	-11.4	-9.0	-14.2	-12.4
Merchandise Exports (USD bn)	0.8	1.0	0.9	1.7	1.3
Merchandise Imports (USD bn)	12.7	12.3	9.9	15.9	13.7
Merchandise Exports (ann. var. %)	5.9	23.2	-11.6	96.7	-23.0
Merchandise Imports (ann. var. %)	22.9	-2.9	-20.1	61.3	-13.6
Foreign Direct Investment (USD bn)	0.1	0.2	0.1	0.2	0.1
International Reserves (USD bn)	8.1	8.4	11.1	9.2	8.9
International Reserves (months of imports)	7.6	8.2	13.5	6.9	7.8
External Debt (USD bn)	5.5	6.5	7.9	8.9	-
External Debt (% of GDP)	17.5	19.0	24.1	24.5	-