Annual gdp growth in Nepal
Nepal: Annual gdp growth was 3.67 in 2024. ◆ Volatile
Annual gdp growth in Nepal, 2000–2024
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Nepal is 3.67, measured in 2024.
The figure is up 85.4% on the previous year and down 38.9% 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 87th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual gdp growth in Nepal, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.2 | — |
| 2001 | 4.8 | -22.6% |
| 2002 | 0.12 | -97.5% |
| 2003 | 3.95 | +3191.7% |
| 2004 | 4.68 | +18.5% |
| 2005 | 3.48 | -25.6% |
| 2006 | 3.36 | -3.4% |
| 2007 | 3.41 | +1.5% |
| 2008 | 6.1 | +78.9% |
| 2009 | 4.53 | -25.7% |
| 2010 | 4.82 | +6.4% |
| 2011 | 3.42 | -29.0% |
| 2012 | 4.67 | +36.5% |
| 2013 | 3.53 | -24.4% |
| 2014 | 6.01 | +70.3% |
| 2015 | 3.98 | -33.8% |
| 2016 | 0.43 | -89.2% |
| 2017 | 8.98 | +1988.4% |
| 2018 | 7.62 | -15.1% |
| 2019 | 6.66 | -12.6% |
| 2020 | -2.37 | -135.6% |
| 2021 | 4.84 | -304.2% |
| 2022 | 5.63 | +16.3% |
| 2023 | 1.98 | -64.8% |
| 2024 | 3.67 | +85.4% |
Nepal compared with similar countries
- Nepal's 3.67 is below the median for lower middle income countries, which is 3.8, 97% of the median. (47 countries reporting)
- Nepal's 3.67 is below the median for South Asia, which is 4.42, 83% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Annual gdp growth in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +3191.7% | 0.12 | 3.95 |
| 2017 | +1988.4% | 0.43 | 8.98 |
| 2021 | +304.2% | -2.37 | 4.84 |
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 | 2.75 | -2.37 | 5.63 | 5 |
Countries ranked near Nepal
More economy & growth data for Nepal
- Real gdp growth, annual growth rate 25.62 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -15.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 4.82 units per person (2025)
- SDRs holdings, SDR, annual growth rate -19.5 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0023 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 3.52 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Nepal?
- Annual gdp growth in Nepal was 3.67 in 2024, 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 87th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Nepal?
- Over the last ten years it is down 38.9%. 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 — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).