Gross National Income — Value Standard Local Currency in Nepal
Nepal: Gross National Income — Value Standard Local Currency was 5.41 million million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Nepal, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in Nepal stood at 5.41 million million SLC. That is the highest value across all 54 years on record.
That represents a change of up 8.1% on the previous year and up 175.7% over ten years.
Over the whole period, gross national income — value standard local currency in Nepal peaked at 5.41 million million SLC in 2023 and was at its lowest, 10,538 million SLC, in 1970.
Nepal ranks 61st of 202 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 National Income — Value Standard Local Currency in Nepal, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 10,538 million SLC | — |
| 1971 | 10,742 million SLC | +1.9% |
| 1972 | 12,462 million SLC | +16.0% |
| 1973 | 11,981 million SLC | -3.9% |
| 1974 | 15,393 million SLC | +28.5% |
| 1975 | 17,459 million SLC | +13.4% |
| 1976 | 18,323 million SLC | +4.9% |
| 1977 | 18,248 million SLC | -0.4% |
| 1978 | 20,762 million SLC | +13.8% |
| 1979 | 23,439 million SLC | +12.9% |
| 1980 | 24,725 million SLC | +5.5% |
| 1981 | 28,903 million SLC | +16.9% |
| 1982 | 32,769 million SLC | +13.4% |
| 1983 | 35,730 million SLC | +9.0% |
| 1984 | 41,492 million SLC | +16.1% |
| 1985 | 48,992 million SLC | +18.1% |
| 1986 | 58,526 million SLC | +19.5% |
| 1987 | 67,468 million SLC | +15.3% |
| 1988 | 81,378 million SLC | +20.6% |
| 1989 | 94,162 million SLC | +15.7% |
| 1990 | 109,237 million SLC | +16.0% |
| 1991 | 127,038 million SLC | +16.3% |
| 1992 | 157,818 million SLC | +24.2% |
| 1993 | 181,152 million SLC | +14.8% |
| 1994 | 210,631 million SLC | +16.3% |
| 1995 | 232,257 million SLC | +10.3% |
| 1996 | 261,796 million SLC | +12.7% |
| 1997 | 295,697 million SLC | +12.9% |
| 1998 | 318,194 million SLC | +7.6% |
| 1999 | 365,940 million SLC | +15.0% |
| 2000 | 407,101 million SLC | +11.2% |
| 2001 | 443,220 million SLC | +8.9% |
| 2002 | 464,987 million SLC | +4.9% |
| 2003 | 504,820 million SLC | +8.6% |
| 2004 | 556,868 million SLC | +10.3% |
| 2005 | 623,376 million SLC | +11.9% |
| 2006 | 704,403 million SLC | +13.0% |
| 2007 | 796,400 million SLC | +13.1% |
| 2008 | 904,049 million SLC | +13.5% |
| 2009 | 1.11 million million SLC | +23.0% |
| 2010 | 1.35 million million SLC | +21.8% |
| 2011 | 1.57 million million SLC | +15.6% |
| 2012 | 1.77 million million SLC | +13.0% |
| 2013 | 1.96 million million SLC | +10.8% |
| 2014 | 2.27 million million SLC | +15.4% |
| 2015 | 2.46 million million SLC | +8.5% |
| 2016 | 2.64 million million SLC | +7.5% |
| 2017 | 3.11 million million SLC | +17.6% |
| 2018 | 3.48 million million SLC | +11.9% |
| 2019 | 3.90 million million SLC | +12.1% |
| 2020 | 3.93 million million SLC | +0.9% |
| 2021 | 4.38 million million SLC | +11.2% |
| 2022 | 5.01 million million SLC | +14.4% |
| 2023 | 5.41 million million SLC | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15,935 million SLC | 10,538 million SLC | 23,439 million SLC | 10 |
| 1980s | 51,414 million SLC | 24,725 million SLC | 94,162 million SLC | 10 |
| 1990s | 225,976 million SLC | 109,237 million SLC | 365,940 million SLC | 10 |
| 2000s | 651,763 million SLC | 407,101 million SLC | 1.11 million million SLC | 10 |
| 2010s | 2.45 million million SLC | 1.35 million million SLC | 3.90 million million SLC | 10 |
| 2020s | 4.68 million million SLC | 3.93 million million SLC | 5.41 million million SLC | 4 |
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 value added at basic prices (GVA) (current US$), annual growth 4.3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8798 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,351 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.85 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 119.9 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 184,158 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7061 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Nepal?
- Gross national income — value standard local currency in Nepal was 5.41 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Nepal?
- The highest recorded value was 5.41 million million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Nepal?
- The lowest recorded value was 10,538 million SLC in 1970.
- How does Nepal rank for gross national income — value standard local currency?
- Nepal ranks 61st out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Nepal?
- Over the last ten years it is up 175.7%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).