Annual gdp growth in Nepal
Nepal: Annual gdp growth was 1.95 in 2023. ◆ Volatile
Latest (2023)
1.95
Change on year
down 65.4%
World rank
135th
of 211 countries
All-time high
8.98
in 2017
All-time low
-2.37
in 2020
Years of data
24
2000–2023
Annual gdp growth in Nepal, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Nepal is 1.95, measured in 2023.
The figure is down 65.4% on the previous year and down 44.8% over ten years.
Over the whole period, annual gdp growth in Nepal peaked at 8.98 in 2017 and was at its lowest, -2.37, in 2020.
That places Nepal 135th out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.06 | 0.12 | 6.2 | 10 |
| 2010s | 5.01 | 0.43 | 8.98 | 10 |
| 2020s | 2.51 | -2.37 | 5.63 | 4 |
Countries ranked near Nepal
More economy & growth data for Nepal
- External balance on goods and services as a percent of gdp -24.9 (2025)
- Inflation of consumer prices 2.65 (2025)
- Gdp per capita worldbank constant usd 1,234 (2025)
- Manufacturing value added to gdp 4.98 (2025)
- Gdp worldbank constant usd 36.54 billion (2025)
- Gdp per capita in international and market dollars 1,234 (2025)
- DEC alternative conversion factor 136.29 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.87 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 13.75 billion current US$ (2025)
- Taxes less subsidies on products 745.45 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Nepal?
- Annual gdp growth in Nepal was 1.95 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Nepal?
- The highest recorded value was 8.98 in 2017.
- What is the lowest annual gdp growth recorded in Nepal?
- The lowest recorded value was -2.37 in 2020.
- How does Nepal rank for annual gdp growth?
- Nepal ranks 135th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Nepal?
- Over the last ten years it is down 44.8%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).