Annual growth of general government final consumption expenditure in Nepal
Nepal: Annual growth of general government final consumption expenditure was -21.21 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Nepal, 2002–2023
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in Nepal is -21.21, measured in 2023. That is the lowest value across all 22 years on record.
Compared with earlier readings it is down 320.2% on the previous year and down 494.1% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Nepal peaked at 21.42 in 2017 and was at its lowest, -21.21, in 2023.
That places Nepal 164th out of 167 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Nepal, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 7.83 | — |
| 2003 | 10.54 | +34.6% |
| 2004 | 8.78 | -16.7% |
| 2005 | 1.24 | -85.9% |
| 2006 | 0.76 | -38.7% |
| 2007 | 7.16 | +842.1% |
| 2008 | 3.27 | -54.3% |
| 2009 | 9.71 | +196.9% |
| 2010 | 1.32 | -86.4% |
| 2011 | 13.11 | +893.2% |
| 2012 | 0.82 | -93.7% |
| 2013 | -3.57 | -535.4% |
| 2014 | 11.49 | -421.8% |
| 2015 | 11.5 | +0.1% |
| 2016 | -11.96 | -204.0% |
| 2017 | 21.42 | -279.1% |
| 2018 | 2.05 | -90.4% |
| 2019 | 9.76 | +376.1% |
| 2020 | 3.81 | -61.0% |
| 2021 | -1.66 | -143.6% |
| 2022 | 9.63 | -680.1% |
| 2023 | -21.21 | -320.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.16 | 0.76 | 10.54 | 8 |
| 2010s | 5.59 | -11.96 | 21.42 | 10 |
| 2020s | -2.36 | -21.21 | 9.63 | 4 |
Countries ranked near Nepal
- 161 Marshall Islands -9.8 compare
- 162 Solomon Islands -12 compare
- 163 Democratic Republic of Congo -12.85 compare
- 165 Sudan -36.5 compare
- 166 Angola -36.73 compare
- 167 Syria -49.42 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)
- Manufacturing, value added (constant LCU), per capita 4,364 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1205 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 185.08 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 7.58 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 16.42 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 25,225 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.31 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Nepal?
- Annual growth of general government final consumption expenditure in Nepal was -21.21 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Nepal?
- The highest recorded value was 21.42 in 2017.
- What is the lowest annual growth of general government final consumption expenditure recorded in Nepal?
- The lowest recorded value was -21.21 in 2023.
- How does Nepal rank for annual growth of general government final consumption expenditure?
- Nepal ranks 164th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Nepal?
- Over the last ten years it is down 494.1%. 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 growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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