Nepal M2 Growth
2002 - 2026 | Monthly | % | CEIC Data
Key information about Nepal M2 Growth
- Nepal Money Supply M2 increased 15.2 % YoY in May 2026, compared with a growth of 14.5 % in the previous month
- Nepal Money Supply M2 growth data is updated monthly, available from Jan 2002 to May 2026
- The data reached an all-time high of 43.4 % in Jun 2012 and a record low of 4.4 % in Jul 2002
CEIC calculates M2 Growth Rate from monthly M2. Nepal Rastra Bank provides M2 in local currency. The data is provided monthly based on the Nepalese calendar which begins approximately on 16th of the previous month and ends on 15th of the reference month
View Nepal's M2 Growth from Jan 2002 to May 2026 in the chart:
What was Nepal's M2 Growth in May 2026?
Nepal Money Supply M2 increased 15.2 % YoY in May 2026, compared with a growth of 14.5 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 15.2 May 2026 | 14.5 Apr 2026 | 4.4 Jul 2002 | 43.4 Jun 2012 | % | monthly | Jan 2002 - May 2026 |
M2 Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 14.4 Apr 2026 | monthly | Dec 1994 - Apr 2026 |
| Algeria (%) | 9.0 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Argentina (%) | 29.1 Mar 2026 | monthly | Jan 1991 - Mar 2026 |
| Armenia (%) | 22.0 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Australia (%) | 8.1 Apr 2026 | monthly | Mar 1966 - Apr 2026 |
| Austria (%) | 3.0 Apr 2026 | monthly | Sep 1998 - Apr 2026 |
| Azerbaijan (%) | 6.9 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Bahrain (%) | 4.0 Mar 2026 | monthly | Dec 1975 - Mar 2026 |
| Bangladesh (%) | 11.4 Apr 2026 | monthly | Jun 1987 - Apr 2026 |
| Belarus (%) | 27.8 Apr 2026 | monthly | Dec 1990 - Apr 2026 |
| Belgium (%) | 1.9 Apr 2026 | monthly | Dec 1997 - Apr 2026 |
| Bolivia (%) | 15.5 Jan 2026 | monthly | Dec 1988 - Jan 2026 |
| Bosnia and Herzegovina (%) | 10.6 Mar 2026 | monthly | Aug 1998 - Mar 2026 |
| Botswana (%) | 3.1 Feb 2026 | monthly | Jan 2002 - Feb 2026 |
| Brazil (%) | 10.0 Apr 2026 | monthly | Jan 1971 - Apr 2026 |
| Bulgaria (%) | 19.3 Mar 2026 | monthly | Dec 1996 - Mar 2026 |
| Cambodia (%) | 4.5 Apr 2026 | monthly | Jan 1996 - Apr 2026 |
| Canada (%) | 3.8 Mar 2026 | monthly | Jan 1969 - Mar 2026 |
| Chile (%) | 4.5 Apr 2026 | monthly | Jan 1987 - Apr 2026 |
| China (%) | 8.6 May 2026 | monthly | Mar 1997 - May 2026 |
| Colombia (%) | 11.0 Apr 2026 | monthly | Dec 1980 - Apr 2026 |
| Croatia (%) | 5.1 Mar 2026 | monthly | Jun 1995 - Mar 2026 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 5.7 Apr 2026 | monthly | Jan 2003 - Apr 2026 |
| Denmark (%) | 5.4 Apr 2026 | monthly | Jan 1992 - Apr 2026 |
| Ecuador (%) | 11.2 Apr 2026 | monthly | Dec 2007 - Apr 2026 |
| Egypt (%) | 19.3 Apr 2026 | monthly | Jan 1997 - Apr 2026 |
| Estonia (%) | 4.9 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| European Union (%) | 3.8 Apr 2026 | monthly | Jan 1981 - Apr 2026 |
| Finland (%) | 1.0 Apr 2026 | monthly | Jan 1981 - Apr 2026 |
| France (%) | 0.9 Mar 2026 | monthly | Dec 1978 - Mar 2026 |
| Georgia (%) | 25.3 Apr 2026 | monthly | Oct 1996 - Apr 2026 |
| Germany (%) | 3.2 Apr 2026 | monthly | Jan 1970 - Apr 2026 |
| Ghana (%) | 26.9 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Greece (%) | 5.6 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Hong Kong SAR, China (%) | 10.0 Apr 2026 | monthly | Dec 1981 - Apr 2026 |
| Hungary (%) | 7.2 Apr 2026 | monthly | Jan 1999 - Apr 2026 |
| Iceland (%) | 6.0 Mar 2026 | monthly | Sep 1987 - Mar 2026 |
| India (%) | 21.8 Mar 2026 | monthly | Mar 1995 - Mar 2026 |
| Indonesia (%) | 9.2 Apr 2026 | monthly | Feb 1969 - Apr 2026 |
| Iran (%) | 40.9 Dec 2025 | monthly | Dec 2000 - Dec 2025 |
| Ireland (%) | 4.9 Apr 2026 | monthly | Jan 2000 - Apr 2026 |
| Israel (%) | 9.8 Mar 2026 | monthly | Apr 1982 - Mar 2026 |
| Italy (%) | 2.9 Apr 2026 | monthly | Dec 1975 - Apr 2026 |
| Ivory Coast (%) | 24.8 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Japan (%) | 2.5 May 2026 | monthly | Jan 1968 - May 2026 |
| Jordan (%) | 7.7 Apr 2026 | monthly | Jan 1991 - Apr 2026 |
| Kazakhstan (%) | 16.6 Mar 2026 | monthly | Dec 1994 - Mar 2026 |
| Kenya (%) | 13.2 Feb 2026 | monthly | Dec 1996 - Feb 2026 |
| South Korea (%) | 5.3 Mar 2026 | monthly | Jan 1971 - Mar 2026 |
| Kosovo (%) | 12.4 2024 | yearly | 2002 - 2024 |
| Kuwait (%) | 2.2 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Kyrgyzstan (%) | 50.1 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Laos (%) | 19.6 Mar 2026 | quarterly | Dec 2000 - Mar 2026 |
| Latvia (%) | 9.6 Mar 2026 | monthly | Jan 2015 - Mar 2026 |
| Lebanon (%) | -8.3 Mar 2026 | monthly | Dec 1980 - Mar 2026 |
| Lithuania (%) | 16.3 Apr 2026 | monthly | Dec 1994 - Apr 2026 |
| Luxembourg (%) | 4.7 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Macau SAR, China (%) | 6.0 Apr 2026 | monthly | Jun 1985 - Apr 2026 |
| North Macedonia (%) | 9.6 Apr 2026 | monthly | Jan 2004 - Apr 2026 |
| Malawi (%) | 51.0 Sep 2025 | monthly | Jan 1976 - Sep 2025 |
| Malaysia (%) | 5.6 Mar 2026 | monthly | Dec 1970 - Mar 2026 |
| Malta (%) | 5.1 Apr 2026 | monthly | Jan 2009 - Apr 2026 |
| Mauritius (%) | 9.3 Apr 2026 | monthly | Jul 1977 - Apr 2026 |
| Mexico (%) | 6.6 Apr 2026 | monthly | Dec 1986 - Apr 2026 |
| Moldova (%) | 14.2 Mar 2026 | monthly | Jan 2001 - Mar 2026 |
| Mongolia (%) | 24.5 Apr 2026 | monthly | Dec 1997 - Apr 2026 |
| Montenegro (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Morocco (%) | 12.3 Apr 2026 | monthly | Jan 1986 - Apr 2026 |
| Mozambique (%) | 9.0 Mar 2026 | monthly | Dec 2002 - Mar 2026 |
| Myanmar (%) | 32.1 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Nepal (%) | 15.2 May 2026 | monthly | Jan 2002 - May 2026 |
| Netherlands (%) | 4.5 Apr 2026 | monthly | Dec 1957 - Apr 2026 |
| New Zealand (%) | 4.4 Apr 2026 | monthly | Mar 1989 - Apr 2026 |
| Nigeria (%) | 4.8 Apr 2026 | monthly | Apr 1991 - Apr 2026 |
| Norway (%) | 7.6 Apr 2026 | monthly | Dec 1993 - Apr 2026 |
| Oman (%) | 6.1 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Pakistan (%) | 15.1 Apr 2026 | monthly | Jan 1989 - Apr 2026 |
| Palestinian Territory (%) | 14.1 Mar 2026 | monthly | Jul 2003 - Mar 2026 |
| Panama (%) | 6.0 Apr 2026 | monthly | Dec 2003 - Apr 2026 |
| Paraguay (%) | 14.1 Apr 2026 | monthly | Dec 1989 - Apr 2026 |
| Peru (%) | 15.2 Apr 2026 | monthly | Jan 1993 - Apr 2026 |
| Philippines (%) | 11.2 Apr 2026 | monthly | Dec 1989 - Apr 2026 |
| Poland (%) | 11.2 Apr 2026 | monthly | Dec 1997 - Apr 2026 |
| Portugal (%) | 6.7 Apr 2026 | monthly | Dec 1980 - Apr 2026 |
| Qatar (%) | 7.2 Apr 2026 | monthly | Jan 1983 - Apr 2026 |
| Romania (%) | 6.8 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Russia (%) | 12.3 Apr 2026 | monthly | Dec 1992 - Apr 2026 |
| Saudi Arabia (%) | 9.9 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Serbia (%) | 9.3 Mar 2026 | monthly | Aug 2002 - Mar 2026 |
| Singapore (%) | 6.8 Mar 2026 | monthly | Mar 2005 - Mar 2026 |
| Slovakia (%) | 6.4 Mar 2026 | monthly | Dec 2001 - Mar 2026 |
| Slovenia (%) | 6.7 Apr 2026 | monthly | Jan 2008 - Apr 2026 |
| South Africa (%) | 9.3 Apr 2026 | monthly | Mar 1966 - Apr 2026 |
| Spain (%) | 5.3 Apr 2026 | monthly | Jan 1963 - Apr 2026 |
| Sri Lanka (%) | 11.8 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Sudan (%) | 92.7 Apr 2026 | monthly | Dec 2004 - Apr 2026 |
| Sweden (%) | 2.5 Apr 2026 | monthly | Jan 1999 - Apr 2026 |
| Switzerland (%) | 16.2 Oct 2025 | monthly | Dec 1985 - Oct 2025 |
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Learn more about what we doNepal Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Consolidated Fiscal Balance (USD mn) | -518.302 Mar 2026 | quarterly | Mar 2017 - Mar 2026 |
| Tax Revenue (USD mn) | 516,115.076 Dec 2025 | quarterly | Jun 2019 - Dec 2025 |
| Tax Revenue: % of GDP (%) | 19.1 2018 | yearly | 2001 - 2018 |
| National Government Debt (USD mn) | 14,538.4 2021 | yearly | 1990 - 2021 |
| Government Debt: % of GDP (%) | 39.9 2021 | yearly | 1990 - 2021 |
| Forecast: Government Expenditure (NPR bn) | 2,662.687 2031 | yearly | 2000 - 2031 |
| Forecast: Government Net Debt (NPR bn) | 4,804.823 2031 | yearly | 2000 - 2031 |
| Forecast: Government Revenue (NPR bn) | 2,346.905 2031 | yearly | 2000 - 2031 |
| Government Debt: External (NPR mn) | 934,695.200 2021 | yearly | 1999 - 2021 |
| Government Debt: Total (NPR mn) | 1,735,015.267 2021 | yearly | 1999 - 2021 |
| Government Domestic Debt: Annual: Bonds & Treasury Bills (NPR mn) | 1,125,188.232 2023 | yearly | 1986 - 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 0.000 | yearly | - |
| Trade Balance (USD mn) | -1,167.8 May 2026 | monthly | Aug 1974 - May 2026 |
| Total Exports (USD mn) | 172.6 May 2026 | monthly | Aug 2003 - May 2026 |
| Total Exports Growth (%) | -12.4 May 2026 | monthly | Aug 2004 - May 2026 |
| Aluminum: Exports (USD th) | 2,069.671 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 11,731.470 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 2,069.949 2024 | yearly | 1996 - 2024 |
| Total Imports (USD mn) | 1,340.3 May 2026 | monthly | Aug 2003 - May 2026 |
| Total Imports Growth (%) | 22.8 May 2026 | monthly | Aug 2004 - May 2026 |
| Imports: Medicament (USD th) | 210,184.160 2024 | yearly | 1998 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 297,733.053 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 10.274 Feb 2026 | monthly | Sep 1983 - Feb 2026 |
| Total Imports from USA (USD mn) | 13.210 Feb 2026 | monthly | Jan 1981 - Feb 2026 |
| Total Exports to China (USD mn) | 1.291 May 2026 | monthly | Apr 2013 - May 2026 |
| Total Imports from China (USD mn) | 236.660 May 2026 | monthly | Apr 2013 - May 2026 |
| Exports: Chemicals (NPR mn) | 691.788 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Exports: Manufactured Goods Classified by Materials (NPR mn) | 6,414.472 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Exports: Crude Materials Inedible: Except Fuel (NPR mn) | 498.741 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Exports: Miscellaneous Manufactures Articles (NPR mn) | 1,320.562 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Exports: Food & Live Animals (NPR mn) | 4,583.389 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Imports: Machinery & Transport Equipments (NPR mn) | 31,309.101 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Imports: Manufactured Goods Classified by Materials (NPR mn) | 34,761.907 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Imports: Mineral Fuels, Lubricants & Related Minerals (NPR mn) | 30,342.799 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Imports: Chemicals (NPR mn) | 23,265.812 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Imports: Food & Live Animals (NPR mn) | 19,034.502 Jan 2026 | monthly | Aug 2003 - Jan 2026 |
| Exports: fob: Custom Basis (NPR mn) | 26,026.446 May 2026 | monthly | Aug 2003 - May 2026 |
| Exports: fob: Custom Basis: Other Countries (NPR mn) | 5,402.195 May 2026 | monthly | Aug 2003 - May 2026 |
| Imports: cif: Custom Basis (NPR mn) | 202,143.776 May 2026 | monthly | Aug 2003 - May 2026 |
| Imports: cif: Custom Basis: Other Countries (NPR mn) | 39,211.284 May 2026 | monthly | Aug 2003 - May 2026 |
| Trade Balance: Custom Basis (NPR mn) | -176,117.329 May 2026 | monthly | Aug 2003 - May 2026 |
| Exports: fob: Custom Basis: India (NPR mn) | 20,429.503 May 2026 | monthly | Aug 2003 - May 2026 |
| Imports: cif: Custom Basis: India (NPR mn) | 127,240.680 May 2026 | monthly | Aug 2003 - May 2026 |
| Exports: fob: Custom Basis: China (NPR mn) | 194.748 May 2026 | monthly | Apr 2013 - May 2026 |
| Imports: cif: Custom Basis: China (NPR mn) | 35,691.812 May 2026 | monthly | Apr 2013 - May 2026 |
| Export Value Index (2015=100) | 161.200 2023 | yearly | 1980 - 2023 |
| Export Volume Index (2015=100) | 121.800 2023 | yearly | 2000 - 2023 |
| Import Value Index (2015=100) | 180.700 2023 | yearly | 1980 - 2023 |
| Import Volume Index (2015=100) | 132.000 2023 | yearly | 2000 - 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 1,345.6 Jan 2026 | quarterly | Oct 2000 - Jan 2026 |
| Current Account Balance: % of GDP (%) | 6.7 2025 | yearly | 2001 - 2025 |
| Foreign Direct Investment (USD mn) | 9.1 Jan 2026 | quarterly | Oct 2000 - Jan 2026 |
| Foreign Direct Investment: % of GDP (%) | 0.1 2025 | yearly | 2001 - 2025 |
| External Debt (USD mn) | 10,519.7 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| External Debt: % of GDP (%) | 17.3 2016 | yearly | 2001 - 2016 |
| External Debt: Short Term (USD mn) | 422.9 2024 | yearly | 1977 - 2024 |
| Forecast: Current Account Balance (USD bn) | -2.824 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | 3,934.074 Mar 2025 | quarterly | Dec 2012 - Mar 2025 |
| NP: BoP: Financial Account: Portfolio Investment: Assets (USD mn) | 0.000 Jun 2020 | quarterly | Mar 1977 - Jun 2020 |
| NP: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) | 0.000 Jun 2020 | quarterly | Mar 1977 - Jun 2020 |
| NP: BoP: Financial Account: Portfolio Investment (USD mn) | 0.000 Jun 2020 | quarterly | Mar 1977 - Jun 2020 |
| BoP: Financial Account (NPR mn) | 63,943.939 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Capital Account (NPR mn) | 1,036.240 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Financial Account: Direct Investment in Nepal (NPR mn) | 1,919.110 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.5 2015 | yearly | 2003 - 2015 |
| Non-Performing Loans (USD mn) | 267.883 2015 | yearly | 2003 - 2015 |
| Money Supply M1 (USD mn) | 8,002.279 May 2026 | monthly | Jan 2001 - May 2026 |
| Money Supply M2 (USD mn) | 55,921.330 May 2026 | monthly | Jan 2001 - May 2026 |
| M2 Growth (%) | 15.2 May 2026 | monthly | Jan 2002 - May 2026 |
| Reserve Requirement Ratio (%) | 4.0 May 2026 | monthly | Jul 2003 - May 2026 |
| Foreign Exchange Reserves (USD mn) | 21,538.4 May 2026 | monthly | Jan 2002 - May 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.000 May 2026 | monthly | Jul 2003 - May 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 16.1 May 2026 | monthly | Aug 2003 - May 2026 |
| Gold Reserves (USD mn) | 1,666.045 May 2026 | monthly | Jul 1957 - May 2026 |
| Total Deposits (USD mn) | 43,052.983 May 2026 | monthly | Jan 2001 - May 2026 |
| Total Deposits Growth (%) | 7.4 May 2026 | monthly | Jan 2002 - May 2026 |
| Domestic Credit (USD mn) | 45,410.4 May 2026 | monthly | Jan 2001 - May 2026 |
| Domestic Credit Growth (%) | 3.8 May 2026 | monthly | Jan 2002 - May 2026 |
| Total Loans (USD mn) | 35,878.681 Jan 2026 | monthly | Jan 2001 - Jan 2026 |
| Total Loans Growth (%) | 6.63 Jan 2026 | monthly | Jan 2002 - Jan 2026 |
| Private Debt: % of Nominal GDP (%) | 74.44 2024 | yearly | 2003 - 2024 |
| Foreign Reserve (USD mn) | 23,368.562 May 2026 | monthly | Jan 2002 - May 2026 |
| Monetary Survey: Domestic Credits (DO) (NPR mn) | 6,954,156.094 May 2026 | monthly | Jan 2001 - May 2026 |
| Monetary Survey: Broad Money M2 (NPR mn) | 8,563,792.429 May 2026 | monthly | Jan 2001 - May 2026 |
| Monetary Survey: Narrow Money M1 (NPR mn) | 1,225,469.043 May 2026 | monthly | Jan 2001 - May 2026 |
| Commercial Banks: Deposits exclude Interbank (NPR mn) | 6,593,133.882 May 2026 | monthly | Jan 2001 - May 2026 |
| Commercial Banks: Loans & Advances (NPR mn) | 1,945,068.90 Jan 2018 | monthly | Jan 2001 - Jan 2018 |
| CB: NPL (NPR mn) | 27,174.060 2015 | yearly | 2003 - 2015 |
More Indicators for Nepal
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