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
Annual growth of exports of goods and services in Nepal, 2002–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Nepal recorded 11.8% for annual growth of exports of goods and services in 2024.
That represents a change of up 172.3% on the previous year and down 33.7% 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.
That places Nepal 35th out of 176 countries with data for 2024, putting it 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 | % | Change |
|---|---|---|
| 2002 | -23.2% | — |
| 2003 | -4.8% | -79.5% |
| 2004 | 12.3% | -358.5% |
| 2005 | -3.0% | -124.7% |
| 2006 | -1.3% | -57.4% |
| 2007 | -0.9% | -27.1% |
| 2008 | 0.7% | -177.7% |
| 2009 | 3.9% | +430.1% |
| 2010 | -10.4% | -369.8% |
| 2011 | -2.1% | -79.8% |
| 2012 | 20.2% | -1056.9% |
| 2013 | 12.9% | -35.9% |
| 2014 | 17.8% | +37.8% |
| 2015 | 2.3% | -87.0% |
| 2016 | -17.3% | -846.1% |
| 2017 | 8.9% | -151.2% |
| 2018 | 7.7% | -13.2% |
| 2019 | 5.5% | -28.0% |
| 2020 | -15.9% | -386.6% |
| 2021 | -21.3% | +34.3% |
| 2022 | 34.1% | -259.8% |
| 2023 | 4.3% | -87.3% |
| 2024 | 11.8% | +172.4% |
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
- 32 Sri Lanka 12.5% compare
- 33 El Salvador 12.1% compare
- 34 Mauritania 12.0% compare
- 36 Bermuda 11.0% compare
- 37 Lao People's Democratic Republic 10.5% compare
- 38 Ukraine 10.2% 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 World Bank – processed by Our World in Data.
- 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 35th out of 176 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 33.7%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).