Nepal Real GDP Growth
The Gross Domestic Product (GDP) in Nepal contracted 2.7 % YoY in Mar 2020, following a growth of 0.9 % in the previous quarter. Real GDP Growth YoY data in Nepal is updated quarterly, available from Dec 2004 to Mar 2020, with an average rate of 1.1 %. The data reached an all-time high of 6.0 % in Mar 2016 and a record low of -6.0 % in Jun 2015. CEIC shifts period-end for quarterly Real GDP Growth. The Central Bureau of Statistics provides Real GDP Growth Rate, at 2000-2001 producer prices. Real GDP Growth is reported in quarterly frequency, ending in January, April, July and October.
In the latest reports, Nominal GDP of Nepal reached 32.4 USD bn in Jul 2020. Its GDP deflator (implicit price deflator) increased 7.3 % in Jul 2020. GDP Per Capita in Nepal reached 1,085.0 USD in Jul 2020. Its Gross Savings Rate was measured at 45.5 % in Jul 2020.
View Nepal's Real GDP Growth from Dec 2004 to Mar 2020 in the chart:
What was Nepal's Real GDP Growth in Mar 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -2.7 Mar 2020 | 0.9 Dec 2019 | -6.0 Jun 2015 | 6.0 Mar 2016 | % | quarterly | Dec 2004 - Mar 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Consolidated Fiscal Balance (USD mn) | -1,742.861 Jun 2020 | quarterly | Jun 2017 - Jun 2020 |
| Tax Revenue (USD mn) | 412.623 Jun 2019 | quarterly | Sep 1997 - Jun 2019 |
| Tax Revenue: % of GDP (%) | 21.7 2018 | yearly | 2001 - 2018 |
| National Government Debt (USD mn) | 9,555.8 2019 | yearly | 1990 - 2019 |
| Government Debt: % of GDP (%) | 30.3 2019 | yearly | 1990 - 2019 |
| Forecast: Government Expenditure (NPR bn) | 1,800.927 2025 | yearly | 2000 - 2025 |
| Forecast: Government Net Debt (NPR bn) | 2,943.522 2025 | yearly | 2000 - 2025 |
| Forecast: Government Revenue (NPR bn) | 1,554.128 2025 | yearly | 2000 - 2025 |
| Government Debt: Total (NPR mn) | 443,433.820 2018 | yearly | 1999 - 2018 |
| Government Debt: External (NPR mn) | 52,535.120 2018 | yearly | 1999 - 2018 |
| Government Domestic Debt: Annual: Bonds & Treasury Bills (NPR mn) | 613,211.900 2020 | yearly | 1986 - 2020 |
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