Gross Domestic Product — Value US$, 2015 prices in Nepal
Nepal: Gross Domestic Product — Value US$, 2015 prices was 33,977 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Nepal, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Nepal is 33,977 million USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 49.3% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Nepal peaked at 33,977 million USD in 2024 and was at its lowest, 3,529 million USD, in 1971.
Nepal ranks 97th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Nepal, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 3,572 million USD | — |
| 1971 | 3,529 million USD | -1.2% |
| 1972 | 3,639 million USD | +3.1% |
| 1973 | 3,622 million USD | -0.5% |
| 1974 | 3,851 million USD | +6.3% |
| 1975 | 3,907 million USD | +1.5% |
| 1976 | 4,079 million USD | +4.4% |
| 1977 | 4,202 million USD | +3.0% |
| 1978 | 4,387 million USD | +4.4% |
| 1979 | 4,491 million USD | +2.4% |
| 1980 | 4,387 million USD | -2.3% |
| 1981 | 4,753 million USD | +8.3% |
| 1982 | 4,933 million USD | +3.8% |
| 1983 | 4,786 million USD | -3.0% |
| 1984 | 5,249 million USD | +9.7% |
| 1985 | 5,572 million USD | +6.1% |
| 1986 | 5,826 million USD | +4.6% |
| 1987 | 5,925 million USD | +1.7% |
| 1988 | 6,381 million USD | +7.7% |
| 1989 | 6,657 million USD | +4.3% |
| 1990 | 6,966 million USD | +4.6% |
| 1991 | 7,409 million USD | +6.4% |
| 1992 | 7,714 million USD | +4.1% |
| 1993 | 8,010 million USD | +3.8% |
| 1994 | 8,669 million USD | +8.2% |
| 1995 | 8,969 million USD | +3.5% |
| 1996 | 9,448 million USD | +5.3% |
| 1997 | 9,945 million USD | +5.3% |
| 1998 | 10,238 million USD | +2.9% |
| 1999 | 10,697 million USD | +4.5% |
| 2000 | 11,351 million USD | +6.1% |
| 2001 | 11,990 million USD | +5.6% |
| 2002 | 12,166 million USD | +1.5% |
| 2003 | 12,816 million USD | +5.3% |
| 2004 | 13,597 million USD | +6.1% |
| 2005 | 14,260 million USD | +4.9% |
| 2006 | 14,938 million USD | +4.8% |
| 2007 | 15,656 million USD | +4.8% |
| 2008 | 16,835 million USD | +7.5% |
| 2009 | 17,836 million USD | +5.9% |
| 2010 | 18,946 million USD | +6.2% |
| 2011 | 19,815 million USD | +4.6% |
| 2012 | 20,740 million USD | +4.7% |
| 2013 | 21,471 million USD | +3.5% |
| 2014 | 22,762 million USD | +6.0% |
| 2015 | 23,667 million USD | +4.0% |
| 2016 | 23,770 million USD | +0.4% |
| 2017 | 25,904 million USD | +9.0% |
| 2018 | 27,878 million USD | +7.6% |
| 2019 | 29,734 million USD | +6.7% |
| 2020 | 29,029 million USD | -2.4% |
| 2021 | 30,434 million USD | +4.8% |
| 2022 | 32,148 million USD | +5.6% |
| 2023 | 32,775 million USD | +2.0% |
| 2024 | 33,977 million USD | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,928 million USD | 3,529 million USD | 4,491 million USD | 10 |
| 1980s | 5,447 million USD | 4,387 million USD | 6,657 million USD | 10 |
| 1990s | 8,806 million USD | 6,966 million USD | 10,697 million USD | 10 |
| 2000s | 14,144 million USD | 11,351 million USD | 17,836 million USD | 10 |
| 2010s | 23,469 million USD | 18,946 million USD | 29,734 million USD | 10 |
| 2020s | 31,673 million USD | 29,029 million USD | 33,977 million USD | 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)
- Gross domestic savings (current US$), annual growth rate 8.25 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0689 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 105.82 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 10.9 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 9.39 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 14,422 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 6 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Nepal?
- Gross domestic product — value us$, 2015 prices in Nepal was 33,977 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Nepal?
- The highest recorded value was 33,977 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Nepal?
- The lowest recorded value was 3,529 million USD in 1971.
- How does Nepal rank for gross domestic product — value us$, 2015 prices?
- Nepal ranks 97th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Nepal?
- Over the last ten years it is up 49.3%. 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 Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).