Merchandise trade as a proportion of GDP (%) in Nepal
Nepal: Merchandise trade as a proportion of GDP (%) was 31.8% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Nepal, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Nepal recorded 31.8% for merchandise trade as a proportion of gdp in 2024.
The figure is down 0.9% on the previous year and down 14.8% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Nepal peaked at 47.6% in 2021 and was at its lowest, 30.3%, in 2015.
That places Nepal 190th out of 220 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Nepal, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 43.3% | — |
| 2001 | 36.8% | -15.0% |
| 2002 | 32.8% | -10.7% |
| 2003 | 38.2% | +16.2% |
| 2004 | 37.3% | -2.4% |
| 2005 | 38.7% | +3.9% |
| 2006 | 36.8% | -4.8% |
| 2007 | 38.6% | +4.9% |
| 2008 | 36.1% | -6.6% |
| 2009 | 40.5% | +12.2% |
| 2010 | 37.4% | -7.6% |
| 2011 | 31.0% | -17.1% |
| 2012 | 32.1% | +3.6% |
| 2013 | 33.6% | +4.6% |
| 2014 | 37.3% | +11.0% |
| 2015 | 30.3% | -18.9% |
| 2016 | 39.3% | +29.8% |
| 2017 | 38.3% | -2.6% |
| 2018 | 40.8% | +6.5% |
| 2019 | 38.9% | -4.5% |
| 2020 | 32.0% | -17.7% |
| 2021 | 47.6% | +48.6% |
| 2022 | 36.5% | -23.3% |
| 2023 | 32.1% | -12.1% |
| 2024 | 31.8% | -0.9% |
Nepal compared with similar countries
- Nepal's 31.8% is below the median for lower middle income countries, which is 56.4%, 56% of the median. (43 countries reporting)
- Nepal's 31.8% is below the median for South Asia, which is 31.9%, 100% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.9% | 32.8% | 43.3% | 10 |
| 2010s | 35.9% | 30.3% | 40.8% | 10 |
| 2020s | 36.0% | 31.8% | 47.6% | 5 |
Countries ranked near Nepal
More economy & growth data for Nepal
- Real gdp growth, annual growth rate 25.62 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -15.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 4.82 units per person (2025)
- SDRs holdings, SDR, annual growth rate -19.5 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0023 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 3.52 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Nepal?
- Merchandise trade as a proportion of gdp in Nepal was 31.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Nepal?
- The highest recorded value was 47.6% in 2021.
- What is the lowest merchandise trade as a proportion of gdp recorded in Nepal?
- The lowest recorded value was 30.3% in 2015.
- How does Nepal rank for merchandise trade as a proportion of gdp?
- Nepal ranks 190th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Nepal?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is falling.
- Where does this Nepal data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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