Inflation, GDP deflator (annual %) in Nepal

Nepal: Inflation, GDP deflator was 3.1% in 2025. ◆ Volatile

Latest (2025)
3.1%
Change on year
down 12.9%
World rank
117th
of 214 countries
All-time high
27.5%
in 1975
All-time low
-5.7%
in 1967
Years of data
65
1961–2025

Inflation, GDP deflator in Nepal, 1961–2025

-100102030196119932025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

In 2025, inflation, gdp deflator in Nepal stood at 3.1%.

That represents a change of down 12.9% on the previous year and down 30.5% over ten years.

Over the whole period, inflation, gdp deflator in Nepal peaked at 27.5% in 1975 and was at its lowest, -5.7%, in 1967.

Nepal ranks 117th of 214 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.

Inflation, GDP deflator in Nepal, year by year

Annual values for Inflation, GDP deflator (annual %) in Nepal, 1961 to 2025.
Year annual % Change
1961 2.7% —
1962 5.9% +119.4%
1963 3.6% -39.5%
1964 1.2% -66.5%
1965 12.9% +978.5%
1966 15.2% +18.1%
1967 -5.7% -137.2%
1968 11.1% -295.2%
1969 6.6% -40.7%
1970 7.0% +7.4%
1971 3.2% -55.0%
1972 12.5% +294.1%
1973 -3.4% -127.2%
1974 20.8% -713.0%
1975 27.5% +32.2%
1976 0.5% -98.0%
1977 -3.6% -755.2%
1978 9.4% -362.9%
1979 10.0% +6.5%
1980 7.6% -23.7%
1981 7.9% +4.3%
1982 9.3% +17.8%
1983 12.3% +31.5%
1984 6.4% -48.1%
1985 11.4% +79.1%
1986 14.4% +26.0%
1987 12.7% -11.8%
1988 11.8% -6.9%
1989 11.3% -4.7%
1990 10.7% -4.8%
1991 12.5% +17.1%
1992 18.5% +47.4%
1993 10.8% -41.7%
1994 4.8% -55.3%
1995 6.3% +30.8%
1996 7.8% +24.2%
1997 7.3% -7.0%
1998 4.1% -43.6%
1999 8.9% +116.3%
2000 4.5% -49.7%
2001 11.0% +146.3%
2002 3.9% -64.3%
2003 3.1% -22.0%
2004 4.2% +35.7%
2005 6.1% +46.9%
2006 7.4% +20.3%
2007 7.6% +3.3%
2008 5.6% -26.1%
2009 15.9% +183.1%
2010 15.1% -4.8%
2011 26.4% +74.3%
2012 7.7% -70.7%
2013 7.1% -8.5%
2014 8.0% +13.5%
2015 4.4% -45.1%
2016 7.2% +62.2%
2017 8.3% +15.5%
2018 4.4% -47.3%
2019 4.7% +7.7%
2020 3.2% -31.4%
2021 6.8% +110.2%
2022 8.2% +21.9%
2023 5.7% -30.2%
2024 3.5% -38.8%
2025 3.1% -12.9%

Nepal compared with similar countries

  • Nepal's 3.1% is below the median for lower middle income countries, which is 5.0%, 61% of the median. (47 countries reporting)
  • Nepal's 3.1% is below the median for South Asia, which is 3.2%, 95% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where Inflation, GDP deflator 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
1965 +978.5% 1.2% 12.9%
1977 -755.2% 0.5% -3.6%
1974 +713.0% -3.4% 20.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.9% -5.7% 15.2% 9
1970s 8.4% -3.6% 27.5% 10
1980s 10.5% 6.4% 14.4% 10
1990s 9.2% 4.1% 18.5% 10
2000s 6.9% 3.1% 15.9% 10
2010s 9.3% 4.4% 26.4% 10
2020s 5.1% 3.1% 8.2% 6

Countries ranked near Nepal

  1. 114 Austria 3.2% compare
  2. 115 South Korea 3.1% compare
  3. 116 Paraguay 3.1% compare
  4. 118 Bosnia and Herzegovina 3.0% compare
  5. 119 Germany 3.0% compare
  6. 120 Lesotho 3.0% compare

See the full ranking of 262 places →

More economy & growth data for Nepal

All data for Nepal →

Frequently asked questions

What is inflation, gdp deflator in Nepal?
Inflation, gdp deflator in Nepal was 3.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Nepal?
The highest recorded value was 27.5% in 1975.
What is the lowest inflation, gdp deflator recorded in Nepal?
The lowest recorded value was -5.7% in 1967.
How does Nepal rank for inflation, gdp deflator?
Nepal ranks 117th out of 214 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Nepal?
Over the last ten years it is down 30.5%. The long-run trend across the full record is volatile.
Where does this Nepal data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator in Nepal. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/inflation-gdp-deflator-annual-percent/nepal/

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
262 places, 14,243 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.