Gross Domestic Product — Value US$, annual growth rate in Nepal

Nepal: Gross Domestic Product — Value US$, annual growth rate was 5.09 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.09 % change on previous year
Change on year
up 175.5%
World rank
129th
of 236 countries
All-time high
29.52 % change on previous year
in 2010
All-time low
-8.24 % change on previous year
in 1991
Years of data
54
1971–2024

Gross Domestic Product — Value US$, annual growth rate in Nepal, 1971–2024

-100102030197119972024

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

Analysis

The most recent figure for gross domestic product — value us$, annual growth rate in Nepal is 5.09 % change on previous year, measured in 2024.

The figure is up 175.5% on the previous year and down 45.1% over ten years.

Over the whole period, gross domestic product — value us$, annual growth rate in Nepal peaked at 29.52 % change on previous year in 2010 and was at its lowest, -8.24 % change on previous year, in 1991.

Nepal ranks 129th of 236 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$, annual growth rate in Nepal, year by year

Annual values for Gross Domestic Product — Value US$, annual growth rate in Nepal, 1971 to 2024.
Year % change on previous year Change
1971 1.94 % change on previous year
1972 16.01 % change on previous year +725.7%
1973 -7.29 % change on previous year -145.6%
1974 27.75 % change on previous year -480.5%
1975 10.92 % change on previous year -60.7%
1976 -7.61 % change on previous year -169.7%
1977 -0.6554 % change on previous year -91.4%
1978 17.86 % change on previous year -2825.6%
1979 13.62 % change on previous year -23.7%
1980 5.11 % change on previous year -62.5%
1981 13.67 % change on previous year +167.3%
1982 5.78 % change on previous year -57.7%
1983 -0.7966 % change on previous year -113.8%
1984 3.1 % change on previous year -489.7%
1985 6.69 % change on previous year +115.4%
1986 2.82 % change on previous year -57.8%
1987 11.49 % change on previous year +307.2%
1988 12.82 % change on previous year +11.6%
1989 -0.5729 % change on previous year -104.5%
1990 7.25 % change on previous year -1364.8%
1991 -8.24 % change on previous year -213.8%
1992 8.31 % change on previous year -200.8%
1993 0.8092 % change on previous year -90.3%
1994 14.35 % change on previous year +1673.6%
1995 4.7 % change on previous year -67.2%
1996 3.95 % change on previous year -16.0%
1997 10.14 % change on previous year +156.6%
1998 -5.7 % change on previous year -156.3%
1999 9.92 % change on previous year -274.0%
2000 6.5 % change on previous year -34.5%
2001 2.8 % change on previous year -56.9%
2002 1.5 % change on previous year -46.6%
2003 11.05 % change on previous year +638.3%
2004 14.22 % change on previous year +28.6%
2005 14.89 % change on previous year +4.7%
2006 10.32 % change on previous year -30.7%
2007 23.54 % change on previous year +128.1%
2008 8.13 % change on previous year -65.5%
2009 10.43 % change on previous year +28.3%
2010 29.52 % change on previous year +183.0%
2011 14.7 % change on previous year -50.2%
2012 -2.06 % change on previous year -114.0%
2013 1.5 % change on previous year -172.9%
2014 9.28 % change on previous year +519.3%
2015 3.42 % change on previous year -63.2%
2016 2.62 % change on previous year -23.2%
2017 21.22 % change on previous year +708.6%
2018 7.75 % change on previous year -63.5%
2019 8.01 % change on previous year +3.3%
2020 -4.11 % change on previous year -151.3%
2021 12.13 % change on previous year -394.9%
2022 7.88 % change on previous year -35.0%
2023 1.85 % change on previous year -76.6%
2024 5.09 % change on previous year +175.5%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, 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.

YearChange FromTo
1978 +2825.6% -0.6554 % change on previous year 17.86 % change on previous year
1994 +1673.6% 0.8092 % change on previous year 14.35 % change on previous year
1990 +1364.8% -0.5729 % change on previous year 7.25 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.06 % change on previous year -7.61 % change on previous year 27.75 % change on previous year 9
1980s 6.01 % change on previous year -0.7966 % change on previous year 13.67 % change on previous year 10
1990s 4.55 % change on previous year -8.24 % change on previous year 14.35 % change on previous year 10
2000s 10.34 % change on previous year 1.5 % change on previous year 23.54 % change on previous year 10
2010s 9.6 % change on previous year -2.06 % change on previous year 29.52 % change on previous year 10
2020s 4.57 % change on previous year -4.11 % change on previous year 12.13 % change on previous year 5

Countries ranked near Nepal

  1. 126 Senegal 5.12 % change on previous year compare
  2. 127 Melanesia 5.12 % change on previous year compare
  3. 128 Grenada 5.09 % change on previous year compare
  4. 130 Papua New Guinea 4.92 % change on previous year compare
  5. 131 Saint Lucia 4.89 % change on previous year compare
  6. 132 Slovenia 4.83 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Nepal

All data for Nepal →

Frequently asked questions

What is gross domestic product — value us$, annual growth rate in Nepal?
Gross domestic product — value us$, annual growth rate in Nepal was 5.09 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, annual growth rate recorded in Nepal?
The highest recorded value was 29.52 % change on previous year in 2010.
What is the lowest gross domestic product — value us$, annual growth rate recorded in Nepal?
The lowest recorded value was -8.24 % change on previous year in 1991.
How does Nepal rank for gross domestic product — value us$, annual growth rate?
Nepal ranks 129th out of 236 countries with data for 2024.
Is gross domestic product — value us$, annual growth rate rising or falling in Nepal?
Over the last ten years it is down 45.1%. 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 — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, annual growth rate in Nepal. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-annual-growth-rate/nepal/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$. 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 — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.