Nepal NP: GDP: USD: Gross Value Added at Basic Price

1960 - 2024 | Yearly | USD mn | World Bank

Nepal NP: GDP: USD: Gross Value Added at Basic Price data was reported at 37.986 USD bn in 2024. This records an increase from the previous number of 36.385 USD bn for 2023. Nepal NP: GDP: USD: Gross Value Added at Basic Price data is updated yearly, averaging 3.234 USD bn from Jul 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 37.986 USD bn in 2024 and a record low of 489.185 USD mn in 1964. Nepal NP: GDP: USD: Gross Value Added at Basic Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

View Nepal's Nepal NP: GDP: USD: Gross Value Added at Basic Price from 1960 to 2024 in the chart:

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Nepal Nepal NP: GDP: USD: Gross Value Added at Basic Price
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Nepal Nepal NP: GDP: USD: Gross Value Added at Basic Price

What was Nepal's Nepal NP: GDP: USD: Gross Value Added at Basic Price in 2024?

Last Previous Min Max Unit Frequency Range
37,985.553 2024 36,385.396 2023 489.185 1964 37,985.553 2024 USD mn yearly 1960 - 2024

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Nepal Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 6,164.180 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 1,809.650 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 5.275 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 2.4 2025 yearly 2002 - 2025
GDP per Capita (USD) 1,496.214 2025 yearly 1960 - 2025
Gross Fixed Capital Formation (USD mn) 10,786.614 2025 yearly 2001 - 2025
Gross National Product (GNP) (USD mn) 45,445.518 2025 yearly 1960 - 2025
Gross Savings Rate (%) 35.7 2025 yearly 2001 - 2025
Investment: % of GDP (%) 28.1 2025 yearly 1965 - 2025
Nominal GDP (USD mn) 44,810.1 2025 yearly 2001 - 2025
Nominal GDP Growth (%) 7.053 2025 yearly 2002 - 2025
Private Consumption Expenditure (USD mn) 38,623.377 2025 yearly 1975 - 2025
Private Consumption: % of GDP (%) 86.2 2025 yearly 1975 - 2025
Public Consumption Expenditure (USD mn) 3,250.685 2025 yearly 1975 - 2025
Public Consumption: % of GDP (%) 7.3 2025 yearly 1975 - 2025
Real GDP Growth (%) 2.2 Dec 2024 quarterly Dec 2004 - Dec 2024
Total Trade of Goods & Services: % of Nominal GDP (%) 41.969 2025 yearly 1969 - 2025
Production Last Frequency Range
Industrial Production Index Growth (%) 7.9 Jul 2018 quarterly Oct 2016 - Jul 2018
Minerals Production (Metric Ton) 6,928.000 2023 yearly 2009 - 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -10.0 2018 yearly 2012 - 2018
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: % of GDP (%) 39.9 2021 yearly 1990 - 2021
National Government Debt (USD mn) 14,538.4 2021 yearly 1990 - 2021
Tax Revenue (USD mn) 1,049,875.353 Jun 2025 quarterly Jun 2019 - Jun 2025
Consolidated Fiscal Balance (USD mn) -1,365.374 Jun 2025 quarterly Mar 2017 - Jun 2025
Tax Revenue: % of GDP (%) 19.1 2018 yearly 2001 - 2018
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 7,086,000.000 2018 yearly 1999 - 2018
Forecast: Population (Person mn) 33.454 2030 yearly 1980 - 2030
Forecast: Unemployment Rate (%) 0.000 yearly -
Labour Force Participation Rate (%) 39.7 2024 yearly 1990 - 2024
Population (Person mn) 30.0 2025 yearly 1950 - 2025
Unemployment Rate (%) 4.44 2020 yearly 1991 - 2020
Labour Productivity Growth (%) 3.63 2024 yearly 1992 - 2024
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 14,300.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 7,505.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 21,805 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) 3.5 2019 yearly 2006 - 2019
Household Expenditure per Capita (USD) 581.730 2015 yearly 2006 - 2015
Household Income per Capita (USD) 811.623 2015 yearly 2006 - 2015

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