Gross domestic product (GDP), Constant prices, Purchasing power in Nepal

Nepal: Gross domestic product (GDP), Constant prices, Purchasing power was 6.99 % change on previous year in 2019. ◆ Volatile

Latest (2019)
6.99 % change on previous year
Change on year
up 4.3%
World rank
10th
of 193 countries
All-time high
9.68 % change on previous year
in 1984
All-time low
-2.98 % change on previous year
in 1983
Years of data
59
1961–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Nepal, 1961–2019

-50510196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), constant prices, purchasing power in Nepal stood at 6.99 % change on previous year.

Compared with earlier readings it is up 4.3% on the previous year and up 54.2% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Nepal peaked at 9.68 % change on previous year in 1984 and was at its lowest, -2.98 % change on previous year, in 1983.

That places Nepal 10th out of 193 countries with data for 2019, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Nepal, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Nepal, 1961 to 2019.
Year % change on previous year Change
1961 1.87 % change on previous year —
1962 1.73 % change on previous year -7.5%
1963 2.15 % change on previous year +24.5%
1964 7.72 % change on previous year +258.5%
1965 -1.48 % change on previous year -119.1%
1966 6.7 % change on previous year -553.1%
1967 -2.12 % change on previous year -131.7%
1968 0.5851 % change on previous year -127.6%
1969 5.1 % change on previous year +771.5%
1970 3.48 % change on previous year -31.8%
1971 -1.19 % change on previous year -134.3%
1972 3.12 % change on previous year -361.0%
1973 -0.4777 % change on previous year -115.3%
1974 6.34 % change on previous year -1426.1%
1975 1.46 % change on previous year -77.0%
1976 4.4 % change on previous year +202.0%
1977 3.02 % change on previous year -31.4%
1978 4.4 % change on previous year +46.0%
1979 2.37 % change on previous year -46.2%
1980 -2.32 % change on previous year -197.9%
1981 8.34 % change on previous year -459.5%
1982 3.78 % change on previous year -54.7%
1983 -2.98 % change on previous year -178.8%
1984 9.68 % change on previous year -425.1%
1985 6.14 % change on previous year -36.5%
1986 4.57 % change on previous year -25.7%
1987 1.7 % change on previous year -62.9%
1988 7.7 % change on previous year +354.0%
1989 4.33 % change on previous year -43.8%
1990 4.63 % change on previous year +7.1%
1991 6.37 % change on previous year +37.4%
1992 4.11 % change on previous year -35.5%
1993 3.85 % change on previous year -6.4%
1994 8.22 % change on previous year +113.7%
1995 3.47 % change on previous year -57.8%
1996 5.34 % change on previous year +53.9%
1997 5.26 % change on previous year -1.4%
1998 2.94 % change on previous year -44.1%
1999 4.48 % change on previous year +52.4%
2000 6.12 % change on previous year +36.4%
2001 5.63 % change on previous year -8.0%
2002 0.1198 % change on previous year -97.9%
2003 3.95 % change on previous year +3192.6%
2004 4.68 % change on previous year +18.7%
2005 3.48 % change on previous year -25.7%
2006 3.36 % change on previous year -3.3%
2007 3.41 % change on previous year +1.4%
2008 6.1 % change on previous year +78.9%
2009 4.53 % change on previous year -25.7%
2010 4.82 % change on previous year +6.3%
2011 3.42 % change on previous year -29.0%
2012 4.78 % change on previous year +39.7%
2013 4.13 % change on previous year -13.6%
2014 5.99 % change on previous year +45.1%
2015 3.32 % change on previous year -44.5%
2016 0.5887 % change on previous year -82.3%
2017 8.22 % change on previous year +1296.9%
2018 6.7 % change on previous year -18.5%
2019 6.99 % change on previous year +4.3%

Nepal compared with similar countries

  • Nepal's 6.99 % change on previous year is above the median for lower middle income countries, which is 3.7 % change on previous year, 1.9× the median. (46 countries reporting)
  • Nepal's 6.99 % change on previous year is above the median for South Asia, which is 5.61 % change on previous year, 1.2× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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.

YearChange FromTo
2003 +3192.6% 0.1198 % change on previous year 3.95 % change on previous year
1974 +1426.1% -0.4777 % change on previous year 6.34 % change on previous year
2017 +1296.9% 0.5887 % change on previous year 8.22 % change on previous year
1969 +771.5% 0.5851 % change on previous year 5.1 % change on previous year
1966 +553.1% -1.48 % change on previous year 6.7 % change on previous year
1981 +459.5% -2.32 % change on previous year 8.34 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.47 % change on previous year -2.12 % change on previous year 7.72 % change on previous year 9
1970s 2.69 % change on previous year -1.19 % change on previous year 6.34 % change on previous year 10
1980s 4.09 % change on previous year -2.98 % change on previous year 9.68 % change on previous year 10
1990s 4.87 % change on previous year 2.94 % change on previous year 8.22 % change on previous year 10
2000s 4.14 % change on previous year 0.1198 % change on previous year 6.12 % change on previous year 10
2010s 4.9 % change on previous year 0.5887 % change on previous year 8.22 % change on previous year 10

Countries ranked near Nepal

  1. 7 Armenia 7.59 % change on previous year compare
  2. 8 Tajikistan 7.5 % change on previous year compare
  3. 9 Vietnam 7.02 % change on previous year compare
  4. 11 Maldives 6.99 % change on previous year compare
  5. 12 Tanzania 6.98 % change on previous year compare
  6. 13 Benin 6.87 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Nepal

All data for Nepal →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Nepal?
Gross domestic product (gdp), constant prices, purchasing power in Nepal was 6.99 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Nepal?
The highest recorded value was 9.68 % change on previous year in 1984.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Nepal?
The lowest recorded value was -2.98 % change on previous year in 1983.
How does Nepal rank for gross domestic product (gdp), constant prices, purchasing power?
Nepal ranks 10th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Nepal?
Over the last ten years it is up 54.2%. 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), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Nepal. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/nepal/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/nepal/">Gross domestic product (GDP), Constant prices, Purchasing power in Nepal</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.