Gross domestic product (GDP), annual growth rate in Nepal
Nepal: Gross domestic product (GDP), annual growth rate was -1.53 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Nepal, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Nepal is -1.53 % change on previous year, measured in 2023.
Compared with earlier readings it is down 118.6% on the previous year and down 131.2% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Nepal peaked at 20.63 % change on previous year in 1994 and was at its lowest, -4.75 % change on previous year, in 1980.
That places Nepal 162nd out of 184 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.
Gross domestic product (GDP), annual growth rate in Nepal, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -0.1958 % change on previous year | — |
| 1962 | 2.72 % change on previous year | -1486.8% |
| 1963 | 0.9166 % change on previous year | -66.3% |
| 1964 | 10.59 % change on previous year | +1055.5% |
| 1965 | -1.69 % change on previous year | -115.9% |
| 1966 | 7.61 % change on previous year | -551.4% |
| 1967 | -2.69 % change on previous year | -135.3% |
| 1968 | 0.4884 % change on previous year | -118.2% |
| 1969 | 5.4 % change on previous year | +1006.2% |
| 1970 | 5.79 % change on previous year | +7.1% |
| 1971 | -2.28 % change on previous year | -139.4% |
| 1972 | 3.8 % change on previous year | -266.5% |
| 1973 | -1.3 % change on previous year | -134.2% |
| 1974 | 4.67 % change on previous year | -458.8% |
| 1975 | 1.58 % change on previous year | -66.1% |
| 1976 | 4.19 % change on previous year | +164.7% |
| 1977 | 2.38 % change on previous year | -43.2% |
| 1978 | 3.94 % change on previous year | +65.6% |
| 1979 | 5.06 % change on previous year | +28.5% |
| 1980 | -4.75 % change on previous year | -193.9% |
| 1981 | 11.01 % change on previous year | -331.6% |
| 1982 | 6.02 % change on previous year | -45.3% |
| 1983 | 4.19 % change on previous year | -30.3% |
| 1984 | 7 % change on previous year | +67.0% |
| 1985 | 4.33 % change on previous year | -38.2% |
| 1986 | 6.5 % change on previous year | +50.3% |
| 1987 | 1.58 % change on previous year | -75.6% |
| 1988 | 7.82 % change on previous year | +393.4% |
| 1989 | 8.49 % change on previous year | +8.6% |
| 1990 | 2.93 % change on previous year | -65.4% |
| 1991 | 8.66 % change on previous year | +195.2% |
| 1992 | 1.48 % change on previous year | -82.9% |
| 1993 | 7.85 % change on previous year | +429.5% |
| 1994 | 20.63 % change on previous year | +162.9% |
| 1995 | 7 % change on previous year | -66.1% |
| 1996 | 9.05 % change on previous year | +29.3% |
| 1997 | 0.1239 % change on previous year | -98.6% |
| 1998 | -3.47 % change on previous year | -2901.6% |
| 1999 | -0.253 % change on previous year | -92.7% |
| 2000 | 2.14 % change on previous year | -945.9% |
| 2001 | -4.7 % change on previous year | -319.6% |
| 2002 | 0.8074 % change on previous year | -117.2% |
| 2003 | 11 % change on previous year | +1262.7% |
| 2004 | -1.53 % change on previous year | -113.9% |
| 2005 | 2.66 % change on previous year | -273.3% |
| 2006 | 7 % change on previous year | +163.4% |
| 2007 | 8.61 % change on previous year | +22.9% |
| 2008 | 11.23 % change on previous year | +30.5% |
| 2009 | 15.06 % change on previous year | +34.1% |
| 2010 | 13.23 % change on previous year | -12.2% |
| 2011 | 11.52 % change on previous year | -12.9% |
| 2012 | 10.36 % change on previous year | -10.0% |
| 2013 | 4.91 % change on previous year | -52.7% |
| 2014 | 8.37 % change on previous year | +70.6% |
| 2015 | -1.58 % change on previous year | -118.8% |
| 2016 | 6.46 % change on previous year | -509.9% |
| 2017 | 13.45 % change on previous year | +108.3% |
| 2018 | 8.96 % change on previous year | -33.4% |
| 2019 | 7.58 % change on previous year | -15.4% |
| 2020 | -3.23 % change on previous year | -142.6% |
| 2021 | 5.9 % change on previous year | -282.8% |
| 2022 | 8.25 % change on previous year | +39.9% |
| 2023 | -1.53 % change on previous year | -118.6% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 1998 | -2901.6% | 0.1239 % change on previous year | -3.47 % change on previous year |
| 1962 | +1486.8% | -0.1958 % change on previous year | 2.72 % change on previous year |
| 2003 | +1262.7% | 0.8074 % change on previous year | 11 % change on previous year |
| 1964 | +1055.5% | 0.9166 % change on previous year | 10.59 % change on previous year |
| 1969 | +1006.2% | 0.4884 % change on previous year | 5.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.57 % change on previous year | -2.69 % change on previous year | 10.59 % change on previous year | 9 |
| 1970s | 2.78 % change on previous year | -2.28 % change on previous year | 5.79 % change on previous year | 10 |
| 1980s | 5.22 % change on previous year | -4.75 % change on previous year | 11.01 % change on previous year | 10 |
| 1990s | 5.4 % change on previous year | -3.47 % change on previous year | 20.63 % change on previous year | 10 |
| 2000s | 5.23 % change on previous year | -4.7 % change on previous year | 15.06 % change on previous year | 10 |
| 2010s | 8.33 % change on previous year | -1.58 % change on previous year | 13.45 % change on previous year | 10 |
| 2020s | 2.35 % change on previous year | -3.23 % change on previous year | 8.25 % change on previous year | 4 |
Countries ranked near Nepal
- 159 Qatar -1.44 % change on previous year compare
- 160 Azerbaijan -1.45 % change on previous year compare
- 161 Lebanon -1.5 % change on previous year compare
- 163 Haiti -2.41 % change on previous year compare
- 164 Gabon -2.46 % change on previous year compare
- 165 Equatorial Guinea -2.97 % change on previous year 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), annual growth rate in Nepal?
- Gross domestic product (gdp), annual growth rate in Nepal was -1.53 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Nepal?
- The highest recorded value was 20.63 % change on previous year in 1994.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Nepal?
- The lowest recorded value was -4.75 % change on previous year in 1980.
- How does Nepal rank for gross domestic product (gdp), annual growth rate?
- Nepal ranks 162nd out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Nepal?
- Over the last ten years it is down 131.2%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.