Gross savings in Nepal
Nepal: Gross savings was 36.0% in 2024. ▲ Rising
Gross savings in Nepal, 1976–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Nepal is 36.0%, measured in 2024.
The figure is down 0.5% on the previous year and down 9.0% over ten years.
Over the whole period, gross savings in Nepal peaked at 42.6% in 2018 and was at its lowest, 10.3%, in 1990.
Nepal ranks 21st of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Gross savings in Nepal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 15.3% | — |
| 1977 | 17.4% | +13.8% |
| 1978 | 17.4% | -0.1% |
| 1979 | 16.5% | -5.5% |
| 1980 | 17.3% | +5.0% |
| 1981 | 16.9% | -2.3% |
| 1982 | 16.4% | -2.9% |
| 1983 | 14.5% | -11.6% |
| 1984 | 16.0% | +10.4% |
| 1985 | 18.6% | +16.3% |
| 1986 | 15.5% | -16.7% |
| 1987 | 16.8% | +8.3% |
| 1988 | 14.8% | -11.7% |
| 1989 | 13.2% | -10.8% |
| 1990 | 10.3% | -22.0% |
| 1991 | 11.7% | +13.4% |
| 1992 | 15.1% | +29.0% |
| 1993 | 16.6% | +10.0% |
| 1994 | 14.0% | -15.8% |
| 1995 | 21.0% | +50.1% |
| 1996 | 20.4% | -3.0% |
| 1997 | 19.1% | -6.3% |
| 1998 | 20.1% | +5.3% |
| 1999 | 20.5% | +1.7% |
| 2000 | 21.7% | +6.2% |
| 2001 | 18.6% | -14.6% |
| 2002 | 25.1% | +35.5% |
| 2003 | 25.1% | -0.0% |
| 2004 | 27.6% | +9.7% |
| 2005 | 30.7% | +11.3% |
| 2006 | 29.5% | -3.9% |
| 2007 | 31.1% | +5.3% |
| 2008 | 36.7% | +18.0% |
| 2009 | 37.2% | +1.6% |
| 2010 | 37.8% | +1.3% |
| 2011 | 29.5% | -21.8% |
| 2012 | 34.6% | +17.1% |
| 2013 | 37.1% | +7.3% |
| 2014 | 39.6% | +6.8% |
| 2015 | 40.1% | +1.3% |
| 2016 | 35.3% | -11.9% |
| 2017 | 41.9% | +18.6% |
| 2018 | 42.6% | +1.7% |
| 2019 | 42.2% | -1.0% |
| 2020 | 32.8% | -22.2% |
| 2021 | 30.9% | -5.8% |
| 2022 | 31.4% | +1.7% |
| 2023 | 36.2% | +15.2% |
| 2024 | 36.0% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.7% | 15.3% | 17.4% | 4 |
| 1980s | 16.0% | 13.2% | 18.6% | 10 |
| 1990s | 16.9% | 10.3% | 21.0% | 10 |
| 2000s | 28.3% | 18.6% | 37.2% | 10 |
| 2010s | 38.1% | 29.5% | 42.6% | 10 |
| 2020s | 33.5% | 30.9% | 36.2% | 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)
- Industry (including construction), value added (constant 2015 US$) 3.31 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1118 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 171.65 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 3.31 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 8.68 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 13,334 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 4.06 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5437 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Nepal?
- Gross savings in Nepal was 36.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Nepal?
- The highest recorded value was 42.6% in 2018.
- What is the lowest gross savings recorded in Nepal?
- The lowest recorded value was 10.3% in 1990.
- How does Nepal rank for gross savings?
- Nepal ranks 21st out of 177 countries with data for 2024.
- Is gross savings rising or falling in Nepal?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is rising.
- Where does this Nepal data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.