Annual growth of exports of goods and services in Nepal
Nepal: Annual growth of exports of goods and services was 11.8% in 2024. ◆ Volatile
Latest (2024)
11.8%
Change on year
up 171.9%
World rank
39th
of 186 countries
All-time high
34.1%
in 2022
All-time low
-23.2%
in 2002
Years of data
23
2002–2024
Annual growth of exports of goods and services in Nepal, 2002–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of exports of goods and services in Nepal is 11.8%, measured in 2024.
Compared with earlier readings it is up 171.9% on the previous year and down 33.8% over ten years.
Over the whole period, annual growth of exports of goods and services in Nepal peaked at 34.1% in 2022 and was at its lowest, -23.2%, in 2002.
Nepal ranks 39th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Nepal, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | -23.2% | — |
| 2003 | -4.7% | -79.5% |
| 2004 | 12.3% | -358.7% |
| 2005 | -3.0% | -124.7% |
| 2006 | -1.3% | -57.4% |
| 2007 | -0.9% | -27.0% |
| 2008 | 0.7% | -176.9% |
| 2009 | 3.9% | +432.7% |
| 2010 | -10.4% | -369.6% |
| 2011 | -2.1% | -79.7% |
| 2012 | 20.2% | -1055.1% |
| 2013 | 12.9% | -35.9% |
| 2014 | 17.8% | +37.8% |
| 2015 | 2.3% | -87.0% |
| 2016 | -17.3% | -847.2% |
| 2017 | 8.9% | -151.2% |
| 2018 | 7.7% | -13.1% |
| 2019 | 5.5% | -28.0% |
| 2020 | -15.9% | -386.5% |
| 2021 | -21.3% | +34.2% |
| 2022 | 34.1% | -259.8% |
| 2023 | 4.3% | -87.2% |
| 2024 | 11.8% | +171.9% |
Nepal compared with similar countries
- Nepal's 11.8% is above the median for lower middle income countries, which is 2.7%, 4.4× the median. (40 countries reporting)
- Nepal's 11.8% is above the median for South Asia, which is 9.1%, 1.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.0% | -23.2% | 12.3% | 8 |
| 2010s | 4.6% | -17.3% | 20.2% | 10 |
| 2020s | 2.6% | -21.3% | 34.1% | 5 |
Countries ranked near Nepal
- 36 Sri Lanka 12.5% compare
- 37 El Salvador 12.1% compare
- 38 Mauritania 12.0% compare
- 40 Bermuda 11.0% compare
- 41 Lao People's Democratic Republic 10.5% compare
- 41 Lao People's Democratic Republic 10.5% compare
More economy & growth data for Nepal
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 56.90 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -23.95 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.92 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 33.15 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Nepal?
- Annual growth of exports of goods and services in Nepal was 11.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Nepal?
- The highest recorded value was 34.1% in 2022.
- What is the lowest annual growth of exports of goods and services recorded in Nepal?
- The lowest recorded value was -23.2% in 2002.
- How does Nepal rank for annual growth of exports of goods and services?
- Nepal ranks 39th out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Nepal?
- Over the last ten years it is down 33.8%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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