Merchandise trade as a proportion of GDP in Nepal
Nepal: Merchandise trade as a proportion of GDP was 31.8% in 2024. ▼ Falling
Latest (2024)
31.8%
Change on year
down 0.9%
World rank
162nd
of 188 countries
All-time high
47.6%
in 2021
All-time low
30.3%
in 2015
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Nepal, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
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 162nd out of 188 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 | Value | 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% |
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
- 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.29 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3082 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 473.41 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -4.37 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -6.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.06 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 29.38 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 45,126 current LCU per person (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 162nd out of 188 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).