Gross domestic product (GDP) in Nepal
Nepal: Gross domestic product (GDP) was 150.85 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
150.85 billion international-$ in 2021 prices
Change on year
down 1.5%
World rank
82nd
of 184 countries
All-time high
153.20 billion international-$ in 2021 prices
in 2022
All-time low
8.50 billion international-$ in 2021 prices
in 1961
Years of data
64
1960–2023
Gross domestic product (GDP) in Nepal, 1960–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Nepal is 150.85 billion international-$ in 2021 prices, measured in 2023.
The figure is down 1.5% on the previous year and up 65.0% over ten years.
Over the whole period, gross domestic product (gdp) in Nepal peaked at 153.20 billion international-$ in 2021 prices in 2022 and was at its lowest, 8.50 billion international-$ in 2021 prices, in 1961.
Nepal ranks 82nd of 184 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.
Gross domestic product (GDP) in Nepal, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1960 | 8.52 billion international-$ in 2021 prices | — |
| 1961 | 8.50 billion international-$ in 2021 prices | -0.2% |
| 1962 | 8.73 billion international-$ in 2021 prices | +2.7% |
| 1963 | 8.81 billion international-$ in 2021 prices | +0.9% |
| 1964 | 9.74 billion international-$ in 2021 prices | +10.6% |
| 1965 | 9.58 billion international-$ in 2021 prices | -1.7% |
| 1966 | 10.31 billion international-$ in 2021 prices | +7.6% |
| 1967 | 10.03 billion international-$ in 2021 prices | -2.7% |
| 1968 | 10.08 billion international-$ in 2021 prices | +0.5% |
| 1969 | 10.63 billion international-$ in 2021 prices | +5.4% |
| 1970 | 11.24 billion international-$ in 2021 prices | +5.8% |
| 1971 | 10.98 billion international-$ in 2021 prices | -2.3% |
| 1972 | 11.40 billion international-$ in 2021 prices | +3.8% |
| 1973 | 11.25 billion international-$ in 2021 prices | -1.3% |
| 1974 | 11.78 billion international-$ in 2021 prices | +4.7% |
| 1975 | 11.96 billion international-$ in 2021 prices | +1.6% |
| 1976 | 12.47 billion international-$ in 2021 prices | +4.2% |
| 1977 | 12.76 billion international-$ in 2021 prices | +2.4% |
| 1978 | 13.27 billion international-$ in 2021 prices | +3.9% |
| 1979 | 13.94 billion international-$ in 2021 prices | +5.1% |
| 1980 | 13.27 billion international-$ in 2021 prices | -4.8% |
| 1981 | 14.74 billion international-$ in 2021 prices | +11.0% |
| 1982 | 15.62 billion international-$ in 2021 prices | +6.0% |
| 1983 | 16.28 billion international-$ in 2021 prices | +4.2% |
| 1984 | 17.42 billion international-$ in 2021 prices | +7.0% |
| 1985 | 18.17 billion international-$ in 2021 prices | +4.3% |
| 1986 | 19.35 billion international-$ in 2021 prices | +6.5% |
| 1987 | 19.66 billion international-$ in 2021 prices | +1.6% |
| 1988 | 21.20 billion international-$ in 2021 prices | +7.8% |
| 1989 | 22.99 billion international-$ in 2021 prices | +8.5% |
| 1990 | 23.67 billion international-$ in 2021 prices | +2.9% |
| 1991 | 25.72 billion international-$ in 2021 prices | +8.7% |
| 1992 | 26.10 billion international-$ in 2021 prices | +1.5% |
| 1993 | 28.15 billion international-$ in 2021 prices | +7.8% |
| 1994 | 33.96 billion international-$ in 2021 prices | +20.6% |
| 1995 | 36.33 billion international-$ in 2021 prices | +7.0% |
| 1996 | 39.62 billion international-$ in 2021 prices | +9.1% |
| 1997 | 39.67 billion international-$ in 2021 prices | +0.1% |
| 1998 | 38.30 billion international-$ in 2021 prices | -3.5% |
| 1999 | 38.20 billion international-$ in 2021 prices | -0.3% |
| 2000 | 39.02 billion international-$ in 2021 prices | +2.1% |
| 2001 | 37.18 billion international-$ in 2021 prices | -4.7% |
| 2002 | 37.48 billion international-$ in 2021 prices | +0.8% |
| 2003 | 41.61 billion international-$ in 2021 prices | +11.0% |
| 2004 | 40.97 billion international-$ in 2021 prices | -1.5% |
| 2005 | 42.06 billion international-$ in 2021 prices | +2.7% |
| 2006 | 45.00 billion international-$ in 2021 prices | +7.0% |
| 2007 | 48.87 billion international-$ in 2021 prices | +8.6% |
| 2008 | 54.36 billion international-$ in 2021 prices | +11.2% |
| 2009 | 62.55 billion international-$ in 2021 prices | +15.1% |
| 2010 | 70.83 billion international-$ in 2021 prices | +13.2% |
| 2011 | 78.99 billion international-$ in 2021 prices | +11.5% |
| 2012 | 87.17 billion international-$ in 2021 prices | +10.4% |
| 2013 | 91.45 billion international-$ in 2021 prices | +4.9% |
| 2014 | 99.11 billion international-$ in 2021 prices | +8.4% |
| 2015 | 97.54 billion international-$ in 2021 prices | -1.6% |
| 2016 | 103.84 billion international-$ in 2021 prices | +6.5% |
| 2017 | 117.81 billion international-$ in 2021 prices | +13.5% |
| 2018 | 128.37 billion international-$ in 2021 prices | +9.0% |
| 2019 | 138.10 billion international-$ in 2021 prices | +7.6% |
| 2020 | 133.64 billion international-$ in 2021 prices | -3.2% |
| 2021 | 141.52 billion international-$ in 2021 prices | +5.9% |
| 2022 | 153.20 billion international-$ in 2021 prices | +8.3% |
| 2023 | 150.85 billion international-$ in 2021 prices | -1.5% |
Nepal compared with similar countries
- Nepal's 150.85 billion international-$ in 2021 prices is above the median for lower middle income countries, which is 72.56 billion international-$ in 2021 prices, 2.1× the median. (42 countries reporting)
- Nepal's 150.85 billion international-$ in 2021 prices is below the median for South Asia, which is 221.76 billion international-$ in 2021 prices, 68% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.49 billion international-$ in 2021 prices | 8.50 billion international-$ in 2021 prices | 10.63 billion international-$ in 2021 prices | 10 |
| 1970s | 12.11 billion international-$ in 2021 prices | 10.98 billion international-$ in 2021 prices | 13.94 billion international-$ in 2021 prices | 10 |
| 1980s | 17.87 billion international-$ in 2021 prices | 13.27 billion international-$ in 2021 prices | 22.99 billion international-$ in 2021 prices | 10 |
| 1990s | 32.97 billion international-$ in 2021 prices | 23.67 billion international-$ in 2021 prices | 39.67 billion international-$ in 2021 prices | 10 |
| 2000s | 44.91 billion international-$ in 2021 prices | 37.18 billion international-$ in 2021 prices | 62.55 billion international-$ in 2021 prices | 10 |
| 2010s | 101.32 billion international-$ in 2021 prices | 70.83 billion international-$ in 2021 prices | 138.10 billion international-$ in 2021 prices | 10 |
| 2020s | 144.80 billion international-$ in 2021 prices | 133.64 billion international-$ in 2021 prices | 153.20 billion international-$ in 2021 prices | 4 |
Countries ranked near Nepal
- 79 Slovakia 176.68 billion international-$ in 2021 prices compare
- 80 Syria 168.13 billion international-$ in 2021 prices compare
- 81 Panama 164.68 billion international-$ in 2021 prices compare
- 83 Serbia 148.60 billion international-$ in 2021 prices compare
- 84 Tunisia 147.77 billion international-$ in 2021 prices compare
- 85 Uganda 146.24 billion international-$ in 2021 prices 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$), annual growth rate 33.15 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Nepal?
- Gross domestic product (gdp) in Nepal was 150.85 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Nepal?
- The highest recorded value was 153.20 billion international-$ in 2021 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Nepal?
- The lowest recorded value was 8.50 billion international-$ in 2021 prices in 1961.
- How does Nepal rank for gross domestic product (gdp)?
- Nepal ranks 82nd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Nepal?
- Over the last ten years it is up 65.0%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.