Inflation in Nepal
Consumer price inflation in Nepal averaged 8.4% in the ten years to 2024, in line with the regional average of %. The 2024 average figure was 4.7%. For more information on inflation, visit our dedicated page
Nepal Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Nepal from 2015 to 2024.
Source: Macrobond.
Nepal Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 5.1 | 4.1 | 5.5 | 7.1 | 4.7 |
| Inflation (CPI, ann. var. %, eop) | 2.9 | 7.1 | 7.4 | 5.0 | 6.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Nepali inflation projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Nepali inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Nepali inflation projections.
Want to get access to the full dataset of Nepali inflation forecasts? Send an email to info@focus-economics.com.