Service imports (BoP, current US$), annual growth rate in Nepal
Nepal: Service imports (BoP, current US$), annual growth rate was -0.3091 % change on previous year in 2024. ◆ Volatile
Service imports (BoP, current US$), annual growth rate in Nepal, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nepal recorded -0.3091 % change on previous year for service imports (bop, current us$), annual growth rate in 2024.
The figure is down 102.5% on the previous year and down 101.4% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Nepal peaked at 46.62 % change on previous year in 2007 and was at its lowest, -36.12 % change on previous year, in 2020.
That places Nepal 158th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Nepal, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 7.56 % change on previous year | — |
| 1978 | 24.14 % change on previous year | +219.3% |
| 1979 | 29.96 % change on previous year | +24.1% |
| 1980 | 18.09 % change on previous year | -39.6% |
| 1981 | 7.13 % change on previous year | -60.6% |
| 1982 | -9.37 % change on previous year | -231.5% |
| 1983 | 3.34 % change on previous year | -135.6% |
| 1984 | 13.12 % change on previous year | +293.4% |
| 1985 | 16.25 % change on previous year | +23.9% |
| 1986 | -1.75 % change on previous year | -110.8% |
| 1987 | 15.45 % change on previous year | -982.7% |
| 1988 | 14.92 % change on previous year | -3.4% |
| 1989 | -2.06 % change on previous year | -113.8% |
| 1990 | 13.29 % change on previous year | -743.9% |
| 1991 | 9.92 % change on previous year | -25.4% |
| 1992 | 22.32 % change on previous year | +125.1% |
| 1993 | 11.91 % change on previous year | -46.7% |
| 1994 | 17.79 % change on previous year | +49.4% |
| 1995 | 5.62 % change on previous year | -68.4% |
| 1996 | -22.49 % change on previous year | -500.1% |
| 1997 | -7.52 % change on previous year | -66.5% |
| 1998 | -12.64 % change on previous year | +68.0% |
| 1999 | 8.3 % change on previous year | -165.7% |
| 2000 | -5.89 % change on previous year | -170.9% |
| 2001 | 7.39 % change on previous year | -225.6% |
| 2002 | 10.27 % change on previous year | +39.0% |
| 2003 | 12.42 % change on previous year | +21.0% |
| 2004 | 44.64 % change on previous year | +259.3% |
| 2005 | 12.91 % change on previous year | -71.1% |
| 2006 | 13.37 % change on previous year | +3.5% |
| 2007 | 46.62 % change on previous year | +248.8% |
| 2008 | 17.87 % change on previous year | -61.7% |
| 2009 | -1.18 % change on previous year | -106.6% |
| 2010 | 3.32 % change on previous year | -381.6% |
| 2011 | -10.06 % change on previous year | -402.9% |
| 2012 | 14.53 % change on previous year | -244.4% |
| 2013 | 9.81 % change on previous year | -32.5% |
| 2014 | 21.69 % change on previous year | +121.1% |
| 2015 | 0.3091 % change on previous year | -98.6% |
| 2016 | 4.16 % change on previous year | +1245.8% |
| 2017 | 29.79 % change on previous year | +616.1% |
| 2018 | 9.36 % change on previous year | -68.6% |
| 2019 | -3.23 % change on previous year | -134.5% |
| 2020 | -36.12 % change on previous year | +1017.7% |
| 2021 | 42.56 % change on previous year | -217.8% |
| 2022 | 29.61 % change on previous year | -30.4% |
| 2023 | 12.31 % change on previous year | -58.4% |
| 2024 | -0.3091 % change on previous year | -102.5% |
Nepal compared with similar countries
- Nepal's -0.3091 % change on previous year is below the median for lower middle income countries, which is 6.03 % change on previous year. (47 countries reporting)
- Nepal's -0.3091 % change on previous year is below the median for South Asia, which is 7.57 % change on previous year. (6 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), annual growth rate in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +1245.8% | 0.3091 % change on previous year | 4.16 % change on previous year |
| 2020 | -1017.7% | -3.23 % change on previous year | -36.12 % change on previous year |
| 1987 | +982.7% | -1.75 % change on previous year | 15.45 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.55 % change on previous year | 7.56 % change on previous year | 29.96 % change on previous year | 3 |
| 1980s | 7.51 % change on previous year | -9.37 % change on previous year | 18.09 % change on previous year | 10 |
| 1990s | 4.65 % change on previous year | -22.49 % change on previous year | 22.32 % change on previous year | 10 |
| 2000s | 15.84 % change on previous year | -5.89 % change on previous year | 46.62 % change on previous year | 10 |
| 2010s | 7.97 % change on previous year | -10.06 % change on previous year | 29.79 % change on previous year | 10 |
| 2020s | 9.61 % change on previous year | -36.12 % change on previous year | 42.56 % change on previous year | 5 |
Countries ranked near Nepal
- 155 Ecuador 0.3352 % change on previous year compare
- 156 Angola 0.2155 % change on previous year compare
- 157 Jamaica -0.1966 % change on previous year compare
- 159 Panama -0.593 % change on previous year compare
- 160 Palestine -0.6566 % change on previous year compare
- 161 Barbados -0.7262 % change on previous year compare
More economy & growth data for Nepal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 56.90 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -23.95 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.92 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 33.15 % change on previous year (2025)
Frequently asked questions
- What is service imports (bop, current us$), annual growth rate in Nepal?
- Service imports (bop, current us$), annual growth rate in Nepal was -0.3091 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Nepal?
- The highest recorded value was 46.62 % change on previous year in 2007.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Nepal?
- The lowest recorded value was -36.12 % change on previous year in 2020.
- How does Nepal rank for service imports (bop, current us$), annual growth rate?
- Nepal ranks 158th out of 199 countries with data for 2024.
- Is service imports (bop, current us$), annual growth rate rising or falling in Nepal?
- Over the last ten years it is down 101.4%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.