Divergence of GDP per capita among latecomers to the capitalist revolution in Nepal
Nepal: Divergence of GDP per capita among latecomers to the capitalist revolution was 2,727 2011$ in 2018. ▲ Rising
Divergence of GDP per capita among latecomers to the capitalist revolution in Nepal, 1820–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
In 2018, divergence of gdp per capita among latecomers to the capitalist revolution in Nepal stood at 2,727 2011$. That is the highest value across all 72 years on record.
The figure is up 4.9% on the previous year and up 34.9% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Nepal peaked at 2,727 2011$ in 2018 and was at its lowest, 641 2011$, in 1820.
That places Nepal 120th out of 145 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 72 years of available data.
Divergence of GDP per capita among latecomers to the capitalist revolution in Nepal, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1820 | 641 2011$ | — |
| 1870 | 641 2011$ | +0.0% |
| 1913 | 870 2011$ | +35.7% |
| 1950 | 802 2011$ | -7.8% |
| 1951 | 816 2011$ | +1.7% |
| 1952 | 835 2011$ | +2.3% |
| 1953 | 877 2011$ | +5.0% |
| 1954 | 886 2011$ | +1.0% |
| 1955 | 894 2011$ | +0.9% |
| 1956 | 925 2011$ | +3.5% |
| 1957 | 915 2011$ | -1.1% |
| 1958 | 956 2011$ | +4.5% |
| 1959 | 971 2011$ | +1.6% |
| 1960 | 980 2011$ | +0.9% |
| 1961 | 990 2011$ | +1.0% |
| 1962 | 998 2011$ | +0.8% |
| 1963 | 1,006 2011$ | +0.8% |
| 1964 | 1,012 2011$ | +0.6% |
| 1965 | 1,019 2011$ | +0.7% |
| 1966 | 1,071 2011$ | +5.1% |
| 1967 | 1,034 2011$ | -3.5% |
| 1968 | 1,023 2011$ | -1.1% |
| 1969 | 1,049 2011$ | +2.5% |
| 1970 | 1,055 2011$ | +0.6% |
| 1971 | 1,022 2011$ | -3.1% |
| 1972 | 1,034 2011$ | +1.2% |
| 1973 | 1,009 2011$ | -2.4% |
| 1974 | 1,052 2011$ | +4.3% |
| 1975 | 1,047 2011$ | -0.5% |
| 1976 | 1,071 2011$ | +2.3% |
| 1977 | 1,081 2011$ | +0.9% |
| 1978 | 1,105 2011$ | +2.2% |
| 1979 | 1,106 2011$ | +0.1% |
| 1980 | 1,057 2011$ | -4.4% |
| 1981 | 1,119 2011$ | +5.9% |
| 1982 | 1,135 2011$ | +1.4% |
| 1983 | 1,076 2011$ | -5.2% |
| 1984 | 1,152 2011$ | +7.1% |
| 1985 | 1,194 2011$ | +3.6% |
| 1986 | 1,218 2011$ | +2.0% |
| 1987 | 1,208 2011$ | -0.8% |
| 1988 | 1,269 2011$ | +5.0% |
| 1989 | 1,290 2011$ | +1.7% |
| 1990 | 1,315 2011$ | +1.9% |
| 1991 | 1,361 2011$ | +3.5% |
| 1992 | 1,375 2011$ | +1.0% |
| 1993 | 1,385 2011$ | +0.8% |
| 1994 | 1,456 2011$ | +5.1% |
| 1995 | 1,468 2011$ | +0.8% |
| 1996 | 1,512 2011$ | +3.0% |
| 1997 | 1,558 2011$ | +3.1% |
| 1998 | 1,571 2011$ | +0.8% |
| 1999 | 1,609 2011$ | +2.5% |
| 2000 | 1,677 2011$ | +4.2% |
| 2001 | 1,738 2011$ | +3.7% |
| 2002 | 1,710 2011$ | -1.6% |
| 2003 | 1,748 2011$ | +2.2% |
| 2004 | 1,802 2011$ | +3.1% |
| 2005 | 1,836 2011$ | +1.9% |
| 2006 | 1,884 2011$ | +2.6% |
| 2007 | 1,927 2011$ | +2.3% |
| 2008 | 2,021 2011$ | +4.9% |
| 2009 | 2,085 2011$ | +3.2% |
| 2010 | 2,152 2011$ | +3.2% |
| 2011 | 2,189 2011$ | +1.7% |
| 2012 | 2,258 2011$ | +3.2% |
| 2013 | 2,316 2011$ | +2.6% |
| 2014 | 2,421 2011$ | +4.5% |
| 2015 | 2,455 2011$ | +1.4% |
| 2016 | 2,435 2011$ | -0.8% |
| 2017 | 2,600 2011$ | +6.8% |
| 2018 | 2,727 2011$ | +4.9% |
Nepal compared with similar countries
- Nepal's 2,727 2011$ is below the median for lower middle income countries, which is 4,183 2011$, 65% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Divergence of GDP per capita among latecomers to the capitalist revolution in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1913 | +35.7% | 641 2011$ | 870 2011$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 641 2011$ | 641 2011$ | 641 2011$ | 1 |
| 1870s | 641 2011$ | 641 2011$ | 641 2011$ | 1 |
| 1910s | 870 2011$ | 870 2011$ | 870 2011$ | 1 |
| 1950s | 887.7 2011$ | 802 2011$ | 971 2011$ | 10 |
| 1960s | 1,018 2011$ | 980 2011$ | 1,071 2011$ | 10 |
| 1970s | 1,058 2011$ | 1,009 2011$ | 1,106 2011$ | 10 |
| 1980s | 1,172 2011$ | 1,057 2011$ | 1,290 2011$ | 10 |
| 1990s | 1,461 2011$ | 1,315 2011$ | 1,609 2011$ | 10 |
| 2000s | 1,843 2011$ | 1,677 2011$ | 2,085 2011$ | 10 |
| 2010s | 2,395 2011$ | 2,152 2011$ | 2,727 2011$ | 9 |
Countries ranked near Nepal
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$), annual growth rate 33.15 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Nepal?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Nepal was 2,727 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Nepal?
- The highest recorded value was 2,727 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Nepal?
- The lowest recorded value was 641 2011$ in 1820.
- How does Nepal rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Nepal ranks 120th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Nepal?
- Over the last ten years it is up 34.9%. The long-run trend across the full record is rising.
- Where does this Nepal data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 72 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]