Nepal Real GDP Growth

2004 - 2024 | Quarterly | % | CEIC Data

Key information about Nepal Real GDP Growth

  • The Gross Domestic Product (GDP) in Nepal expanded 2.2 % YoY in Dec 2024, following a growth of 0.7 % in the previous quarter.
  • Real GDP Growth YoY data in Nepal is updated quarterly, available from Dec 2004 to Dec 2024, with an average rate of 2.2 %.
  • The data reached an all-time high of 13.9 % in Sep 2020 and a record low of -10.5 % in Jun 2020.
CEIC shifts period-end for quarterly Real GDP Growth. The Central Bureau of Statistics provides Real GDP Growth Rate, at 2010-2011 producer prices. Real GDP Growth prior to Q4 2010 is based on Real GDP at 2000-2001 producer prices. Real GDP Growth is reported in quarterly frequency, ending in January, April, July and October.


Related information about Nepal Real GDP Growth

  • In the latest reports, Nominal GDP of Nepal reached 44.8 USD bn in Jul 2025.
  • Its GDP deflator (implicit price deflator) increased 2.4 % in Jul 2025.
  • GDP Per Capita in Nepal reached 1,496.2 USD in Jul 2025.
  • Its Gross Savings Rate was measured at 35.7 % in Jul 2025.
  • For Nominal GDP contributions, Investment accounted for 28.1 % in Jul 2025.
  • Public Consumption accounted for 7.3 % in Jul 2025.
  • Private Consumption accounted for 86.2 % in Jul 2025.

View Nepal's Real GDP Growth from Dec 2004 to Dec 2024 in the chart:

Nepal Real GDP Growth

What was Nepal's Real GDP Growth in Dec 2024?

The Gross Domestic Product (GDP) in Nepal expanded 2.2 % YoY in Dec 2024, following a growth of 0.7 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.2 Dec 2024 0.7 Sep 2024 -10.5 Jun 2020 13.9 Sep 2020 % quarterly Dec 2004 - Dec 2024

Real GDP Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 3.7 Jun 2025 quarterly Mar 1997 - Jun 2025
Algeria (%) 3.9 Jun 2025 quarterly Mar 2000 - Jun 2025
Argentina (%) 6.7 Jun 2025 quarterly Mar 2005 - Jun 2025
Armenia (%) 6.2 Sep 2025 quarterly Mar 2001 - Sep 2025
Australia (%) 1.8 Jun 2025 quarterly Sep 1960 - Jun 2025
Austria (%) 0.6 Sep 2025 quarterly Mar 1989 - Sep 2025
Azerbaijan (%) 2.5 Jun 2025 quarterly Mar 2001 - Jun 2025
Bahrain (%) 2.5 Jun 2025 quarterly Mar 2009 - Jun 2025
Bangladesh (%) 4.0 2025 yearly 2007 - 2025
Belarus (%) 1.0 Jun 2025 quarterly Mar 2006 - Jun 2025
Belgium (%) 1.0 Sep 2025 quarterly Mar 1996 - Sep 2025
Bolivia (%) -2.6 Dec 2024 quarterly Mar 1991 - Dec 2024
Bosnia and Herzegovina (%) 1.8 Jun 2025 quarterly Mar 2009 - Jun 2025
Botswana (%) -5.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Brazil (%) 2.6 Jun 2025 quarterly Mar 1997 - Jun 2025
Brunei (%) -0.3 Jun 2025 quarterly Mar 2005 - Jun 2025
Bulgaria (%) 3.2 Sep 2025 quarterly Mar 1996 - Sep 2025
Cambodia (%) 5.1 2022 yearly 1994 - 2022
Canada (%) 1.4 Sep 2025 quarterly Mar 1962 - Sep 2025
Chile (%) 1.9 Sep 2025 quarterly Mar 1987 - Sep 2025
China (%) 4.8 Sep 2025 quarterly Mar 1992 - Sep 2025
Colombia (%) 3.4 Sep 2025 quarterly Mar 2001 - Sep 2025
Croatia (%) 2.3 Sep 2025 quarterly Mar 1996 - Sep 2025
Cyprus (%) 3.6 Sep 2025 quarterly Mar 1996 - Sep 2025
Czech Republic (%) 2.8 Sep 2025 quarterly Mar 1997 - Sep 2025
Denmark (%) 3.9 Sep 2025 quarterly Mar 1992 - Sep 2025
Ecuador (%) 4.1 Jun 2025 quarterly Mar 1994 - Jun 2025
Egypt (%) 5.3 Sep 2025 quarterly Sep 2002 - Sep 2025
Estonia (%) 0.9 Sep 2025 quarterly Mar 1996 - Sep 2025
European Union (%) 1.6 Sep 2025 quarterly Mar 1996 - Sep 2025
Finland (%) -0.7 Sep 2025 quarterly Mar 1976 - Sep 2025
France (%) 0.9 Sep 2025 quarterly Mar 1950 - Sep 2025
Georgia (%) 7.4 Jun 2025 quarterly Mar 1998 - Jun 2025
Germany (%) 0.3 Sep 2025 quarterly Mar 1992 - Sep 2025
Ghana (%) 1.4 Jun 2025 quarterly Jun 2006 - Jun 2025
Greece (%) 1.7 Jun 2025 quarterly Mar 1996 - Jun 2025
Hong Kong SAR, China (%) 3.9 Sep 2025 quarterly Mar 1991 - Sep 2025
Hungary (%) 0.6 Sep 2025 quarterly Mar 1996 - Sep 2025
Iceland (%) 0.2 Sep 2025 quarterly Mar 1996 - Sep 2025
India (%) 8.2 Sep 2025 quarterly Jun 2005 - Sep 2025
Indonesia (%) 5.0 Sep 2025 quarterly Mar 1994 - Sep 2025
Iran (%) -0.4 Jun 2025 quarterly Jun 1989 - Jun 2025
Ireland (%) 12.3 Sep 2025 quarterly Mar 1996 - Sep 2025
Israel (%) 3.5 Sep 2025 quarterly Mar 1996 - Sep 2025
Italy (%) 0.4 Sep 2025 quarterly Mar 1982 - Sep 2025
Ivory Coast (%) 6.0 2024 yearly 1966 - 2024
Japan (%) 1.1 Sep 2025 quarterly Mar 1956 - Sep 2025
Jordan (%) 2.8 Jun 2025 quarterly Mar 1993 - Jun 2025
Kazakhstan (%) 7.5 Jun 2025 quarterly Mar 1995 - Jun 2025
Kenya (%) 5.1 Jun 2025 quarterly Mar 2010 - Jun 2025
South Korea (%) 1.7 Sep 2025 quarterly Mar 1961 - Sep 2025
Kosovo (%) 4.6 Jun 2025 quarterly Mar 2011 - Jun 2025
Kuwait (%) -2.1 Jun 2025 quarterly Jun 2010 - Jun 2025
Kyrgyzstan (%) 10.0 Sep 2025 quarterly Mar 2007 - Sep 2025
Laos (%) 4.3 2024 yearly 2003 - 2024
Latvia (%) 1.8 Sep 2025 quarterly Mar 1996 - Sep 2025
Lebanon (%) 0.5 2023 yearly 2012 - 2023
Lithuania (%) 2.1 Sep 2025 quarterly Jun 1995 - Sep 2025
Luxembourg (%) -0.2 Jun 2025 quarterly Mar 1996 - Jun 2025
Macau SAR, China (%) 8.0 Sep 2025 quarterly Mar 2002 - Sep 2025
North Macedonia (%) 3.4 Jun 2025 quarterly Mar 2001 - Jun 2025
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) 5.2 Sep 2025 quarterly Mar 2001 - Sep 2025
Malta (%) 4.6 Mar 2024 quarterly Mar 2001 - Mar 2024
Mauritius (%) 4.2 Mar 2025 quarterly Mar 2001 - Mar 2025
Mexico (%) -0.2 Sep 2025 quarterly Mar 1981 - Sep 2025
Moldova (%) 1.1 Jun 2025 quarterly Mar 1996 - Jun 2025
Mongolia (%) 6.5 Sep 2025 quarterly Mar 2011 - Sep 2025
Montenegro (%) 3.5 Jun 2025 quarterly Mar 2007 - Jun 2025
Morocco (%) 5.5 Jun 2025 quarterly Mar 2008 - Jun 2025
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) 3.3 2023 yearly 2011 - 2023
Nepal (%) 2.2 Dec 2024 quarterly Dec 2004 - Dec 2024
Netherlands (%) 1.4 Sep 2025 quarterly Mar 1997 - Sep 2025
New Zealand (%) 0.0 Jun 2025 quarterly Jun 1983 - Jun 2025
Nigeria (%) 4.2 Jun 2025 quarterly Mar 2011 - Jun 2025
Norway (%) 2.2 Sep 2025 quarterly Mar 1979 - Sep 2025
Oman (%) 1.6 2024 yearly 1999 - 2024
Pakistan (%) 3.7 2025 yearly 2001 - 2025
Palestinian Territory (%) 0.5 Jun 2025 quarterly Jun 2000 - Jun 2025
Panama (%) 3.4 Jun 2025 quarterly Mar 2008 - Jun 2025
Paraguay (%) 5.9 Jun 2025 quarterly Mar 1995 - Jun 2025
Peru (%) 3.4 Sep 2025 quarterly Mar 1981 - Sep 2025
Philippines (%) 4.3 Sep 2025 quarterly Mar 1999 - Sep 2025
Poland (%) 3.8 Sep 2025 quarterly Mar 1996 - Sep 2025
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) 1.9 Jun 2025 quarterly Mar 2012 - Jun 2025
Romania (%) 1.4 Sep 2025 quarterly Mar 1996 - Sep 2025
Russia (%) 1.3 Jun 2025 quarterly Mar 1996 - Jun 2025
Saudi Arabia (%) -3.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Serbia (%) 2.0 Sep 2025 quarterly Mar 1996 - Sep 2025
Singapore (%) 4.2 Sep 2025 quarterly Mar 1976 - Sep 2025
Slovakia (%) 0.9 Sep 2025 quarterly Mar 1994 - Sep 2025
Slovenia (%) 1.6 Sep 2025 quarterly Mar 1996 - Sep 2025
South Africa (%) 1.1 Jun 2025 quarterly Mar 1961 - Jun 2025
Spain (%) 2.8 Sep 2025 quarterly Mar 1996 - Sep 2025
Sri Lanka (%) 4.9 Jun 2025 quarterly Mar 2011 - Jun 2025
Sudan (%) -1.9 2021 yearly 1983 - 2021
Sweden (%) 2.5 Sep 2025 quarterly Mar 1982 - Sep 2025
Switzerland (%) 0.5 Sep 2025 quarterly Mar 1966 - Sep 2025

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Nepal 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) -1,365.374 Jun 2025 quarterly Mar 2017 - Jun 2025
Tax Revenue (USD mn) 1,049,875.353 Jun 2025 quarterly Jun 2019 - Jun 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) 2,604.728 2030 yearly 2000 - 2030
Forecast: Government Net Debt (NPR bn) 4,815.645 2030 yearly 2000 - 2030
Forecast: Government Revenue (NPR bn) 2,282.135 2030 yearly 2000 - 2030
Government Debt: Total (NPR mn) 1,735,015.267 2021 yearly 1999 - 2021
Government Debt: External (NPR mn) 934,695.200 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) -1,007.4 Sep 2025 monthly Aug 1974 - Sep 2025
Total Exports (USD mn) 249.5 Sep 2025 monthly Aug 2003 - Sep 2025
Total Exports Growth (%) 172.7 Sep 2025 monthly Aug 2004 - Sep 2025
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) 1,256.9 Sep 2025 monthly Aug 2003 - Sep 2025
Total Imports Growth (%) 31.8 Sep 2025 monthly Aug 2004 - Sep 2025
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) 13.769 Jul 2025 monthly Sep 1983 - Jul 2025
Total Imports from USA (USD mn) 6.602 Jul 2025 monthly Jan 1981 - Jul 2025
Total Exports to China (USD mn) -0.243 Sep 2025 monthly Apr 2013 - Sep 2025
Total Imports from China (USD mn) 288.922 Sep 2025 monthly Apr 2013 - Sep 2025
Exports: fob: Custom Basis (NPR mn) 28,415.582 Feb 2025 monthly Aug 2003 - Feb 2025
Imports: cif: Custom Basis (NPR mn) 166,217.154 Feb 2025 monthly Aug 2003 - Feb 2025
Imports: cif: Custom Basis: India (NPR mn) 93,501.077 Feb 2025 monthly Aug 2003 - Feb 2025
Imports: cif: Custom Basis: Other Countries (NPR mn) 40,804.546 Feb 2025 monthly Aug 2003 - Feb 2025
Imports: cif: Custom Basis: China (NPR mn) 31,911.531 Feb 2025 monthly Apr 2013 - Feb 2025
Exports: fob: Custom Basis: India (NPR mn) 24,296.349 Feb 2025 monthly Aug 2003 - Feb 2025
Exports: fob: Custom Basis: China (NPR mn) 91.860 Feb 2025 monthly Apr 2013 - Feb 2025
Exports: fob: Custom Basis: Other Countries (NPR mn) 4,027.373 Feb 2025 monthly Aug 2003 - Feb 2025
Trade Balance: Custom Basis (NPR mn) -137,801.572 Feb 2025 monthly Aug 2003 - Feb 2025
Exports: Chemicals (NPR mn) 593.700 Oct 2024 monthly Aug 2003 - Oct 2024
Exports: Crude Materials Inedible: Except Fuel (NPR mn) 424.600 Oct 2024 monthly Aug 2003 - Oct 2024
Exports: Manufactured Goods Classified by Materials (NPR mn) 6,315.200 Oct 2024 monthly Aug 2003 - Oct 2024
Exports: Miscellaneous Manufactures Articles (NPR mn) 1,703.300 Oct 2024 monthly Aug 2003 - Oct 2024
Exports: Food & Live Animals (NPR mn) 2,842.800 Oct 2024 monthly Aug 2003 - Oct 2024
Imports: Machinery & Transport Equipments (NPR mn) 26,814.500 Oct 2024 monthly Aug 2003 - Oct 2024
Imports: Mineral Fuels, Lubricants & Related Minerals (NPR mn) 23,658.300 Oct 2024 monthly Aug 2003 - Oct 2024
Imports: Chemicals (NPR mn) 16,090.400 Oct 2024 monthly Aug 2003 - Oct 2024
Imports: Food & Live Animals (NPR mn) 13,594.600 Oct 2024 monthly Aug 2003 - Oct 2024
Imports: Manufactured Goods Classified by Materials (NPR mn) 25,919.000 Oct 2024 monthly Aug 2003 - Oct 2024
Export Volume Index (2015=100) 171.601 2021 yearly 2000 - 2021
Export Value Index (2015=100) 233.718 2021 yearly 1980 - 2021
Import Value Index (2015=100) 238.930 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 187.157 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 1,453.6 Jul 2025 quarterly Oct 2000 - Jul 2025
Current Account Balance: % of GDP (%) 6.7 2025 yearly 2001 - 2025
Foreign Direct Investment (USD mn) 9.8 Jul 2025 quarterly Oct 2000 - Jul 2025
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) 417.5 2023 yearly 1977 - 2023
Forecast: Current Account Balance (USD bn) -2.501 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 3,934.074 Mar 2025 quarterly Dec 2012 - Mar 2025
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
NP: BoP: Financial Account: Portfolio Investment: Assets (USD mn) 0.000 Jun 2020 quarterly Mar 1977 - Jun 2020
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
BoP: Financial Account (NPR mn) 63,943.939 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) 7,507.880 Sep 2025 monthly Jan 2001 - Sep 2025
Money Supply M2 (USD mn) 55,776.471 Sep 2025 monthly Jan 2001 - Sep 2025
M2 Growth (%) 12.4 Sep 2025 monthly Jan 2002 - Sep 2025
Reserve Requirement Ratio (%) 4.0 Sep 2025 monthly Jul 2003 - Sep 2025
Foreign Exchange Reserves (USD mn) 18,296.6 Sep 2025 monthly Jan 2002 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 4.000 Sep 2025 monthly Jul 2003 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 14.6 Sep 2025 monthly Aug 2003 - Sep 2025
Gold Reserves (USD mn) 935.658 Sep 2025 monthly Jul 1957 - Sep 2025
Total Deposits (USD mn) 42,846.686 Sep 2025 monthly Jan 2001 - Sep 2025
Total Deposits Growth (%) 4.5 Sep 2025 monthly Jan 2002 - Sep 2025
Domestic Credit (USD mn) 48,933.1 Sep 2025 monthly Jan 2001 - Sep 2025
Domestic Credit Growth (%) 5.5 Sep 2025 monthly Jan 2002 - Sep 2025
Total Loans (USD mn) 36,319.925 Jul 2025 monthly Jan 2001 - Jul 2025
Total Loans Growth (%) 8.34 Jul 2025 monthly Jan 2002 - Jul 2025
Private Debt: % of Nominal GDP (%) 74.44 2024 yearly 2003 - 2024
Monetary Survey: Domestic Credits (DO) (NPR mn) 6,653,922.374 Feb 2025 monthly Jan 2001 - Feb 2025
Monetary Survey: Narrow Money M1 (NPR mn) 981,619.612 Feb 2025 monthly Jan 2001 - Feb 2025
Monetary Survey: Broad Money M2 (NPR mn) 7,278,708.287 Feb 2025 monthly Jan 2001 - Feb 2025
Foreign Reserve (USD mn) 16,086.766 Feb 2025 monthly Jan 2002 - Feb 2025
Commercial Banks: Deposits exclude Interbank (NPR mn) 5,555,462.921 Feb 2025 monthly Jan 2001 - Feb 2025
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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