GDP Deflator — Value Standard Local Currency, 2015 prices in Nepal
Nepal: GDP Deflator — Value Standard Local Currency, 2015 prices was 163.52 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Nepal, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Nepal recorded 163.52 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 70.7% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Nepal peaked at 163.52 SLC in 2024 and was at its lowest, 2.88 SLC, in 1970.
Nepal ranks 56th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Nepal, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 2.88 SLC | — |
| 1971 | 2.97 SLC | +3.2% |
| 1972 | 3.34 SLC | +12.5% |
| 1973 | 3.23 SLC | -3.4% |
| 1974 | 3.9 SLC | +20.8% |
| 1975 | 4.45 SLC | +13.9% |
| 1976 | 4.47 SLC | +0.5% |
| 1977 | 4.31 SLC | -3.6% |
| 1978 | 4.71 SLC | +9.4% |
| 1979 | 5.19 SLC | +10.0% |
| 1980 | 5.58 SLC | +7.6% |
| 1981 | 6.02 SLC | +7.9% |
| 1982 | 6.59 SLC | +9.4% |
| 1983 | 7.4 SLC | +12.3% |
| 1984 | 7.87 SLC | +6.4% |
| 1985 | 8.77 SLC | +11.4% |
| 1986 | 10.03 SLC | +14.4% |
| 1987 | 11.3 SLC | +12.7% |
| 1988 | 12.63 SLC | +11.8% |
| 1989 | 14.06 SLC | +11.3% |
| 1990 | 15.56 SLC | +10.7% |
| 1991 | 17.03 SLC | +9.4% |
| 1992 | 20.32 SLC | +19.3% |
| 1993 | 22.44 SLC | +10.5% |
| 1994 | 24.1 SLC | +7.4% |
| 1995 | 25.62 SLC | +6.3% |
| 1996 | 27.62 SLC | +7.8% |
| 1997 | 29.57 SLC | +7.1% |
| 1998 | 30.81 SLC | +4.2% |
| 1999 | 33.52 SLC | +8.8% |
| 2000 | 35.05 SLC | +4.6% |
| 2001 | 35.96 SLC | +2.6% |
| 2002 | 37.37 SLC | +3.9% |
| 2003 | 38.52 SLC | +3.1% |
| 2004 | 40.13 SLC | +4.2% |
| 2005 | 42.58 SLC | +6.1% |
| 2006 | 45.72 SLC | +7.4% |
| 2007 | 49.19 SLC | +7.6% |
| 2008 | 51.96 SLC | +5.6% |
| 2009 | 60.22 SLC | +15.9% |
| 2010 | 69.34 SLC | +15.1% |
| 2011 | 76.84 SLC | +10.8% |
| 2012 | 82.79 SLC | +7.7% |
| 2013 | 88.65 SLC | +7.1% |
| 2014 | 95.78 SLC | +8.0% |
| 2015 | 100 SLC | +4.4% |
| 2016 | 107.15 SLC | +7.2% |
| 2017 | 116 SLC | +8.3% |
| 2018 | 121.06 SLC | +4.4% |
| 2019 | 126.73 SLC | +4.7% |
| 2020 | 130.81 SLC | +3.2% |
| 2021 | 139.66 SLC | +6.8% |
| 2022 | 151.17 SLC | +8.2% |
| 2023 | 159.35 SLC | +5.4% |
| 2024 | 163.52 SLC | +2.6% |
Nepal compared with similar countries
- Nepal's 163.52 SLC is above the median for lower middle income countries, which is 154.79 SLC, 1.1× the median. (41 countries reporting)
- Nepal's 163.52 SLC is above the median for South Asia, which is 153.93 SLC, 1.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.95 SLC | 2.88 SLC | 5.19 SLC | 10 |
| 1980s | 9.02 SLC | 5.58 SLC | 14.06 SLC | 10 |
| 1990s | 24.66 SLC | 15.56 SLC | 33.52 SLC | 10 |
| 2000s | 43.67 SLC | 35.05 SLC | 60.22 SLC | 10 |
| 2010s | 98.43 SLC | 69.34 SLC | 126.73 SLC | 10 |
| 2020s | 148.9 SLC | 130.81 SLC | 163.52 SLC | 5 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0042 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Nepal?
- Gdp deflator — value standard local currency, 2015 prices in Nepal was 163.52 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Nepal?
- The highest recorded value was 163.52 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Nepal?
- The lowest recorded value was 2.88 SLC in 1970.
- How does Nepal rank for gdp deflator — value standard local currency, 2015 prices?
- Nepal ranks 56th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Nepal?
- Over the last ten years it is up 70.7%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).