The Himalayas in Nepal

Nepal Economic Forecast

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 -

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