Share of service in total exports in Nepal
Nepal: Share of service in total exports was 1.54 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
1.54 billion BoP, current US$
Change on year
up 13.3%
World rank
145th
of 198 countries
All-time high
1.72 billion BoP, current US$
in 2021
All-time low
81.18 million BoP, current US$
in 1977
Years of data
49
1976–2024
Share of service in total exports in Nepal, 1976–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
Nepal recorded 1.54 billion BoP, current US$ for share of service in total exports in 2024.
Compared with earlier readings it is up 13.3% on the previous year and up 51.1% over ten years.
Over the whole period, share of service in total exports in Nepal peaked at 1.72 billion BoP, current US$ in 2021 and was at its lowest, 81.18 million BoP, current US$, in 1977.
Nepal ranks 145th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Nepal, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 102.10 million BoP, current US$ | — |
| 1977 | 81.18 million BoP, current US$ | -20.5% |
| 1978 | 89.38 million BoP, current US$ | +10.1% |
| 1979 | 110.32 million BoP, current US$ | +23.4% |
| 1980 | 102.06 million BoP, current US$ | -7.5% |
| 1981 | 144.20 million BoP, current US$ | +41.3% |
| 1982 | 87.64 million BoP, current US$ | -39.2% |
| 1983 | 101.46 million BoP, current US$ | +15.8% |
| 1984 | 130.07 million BoP, current US$ | +28.2% |
| 1985 | 161.26 million BoP, current US$ | +24.0% |
| 1986 | 142.57 million BoP, current US$ | -11.6% |
| 1987 | 162.19 million BoP, current US$ | +13.8% |
| 1988 | 193.78 million BoP, current US$ | +19.5% |
| 1989 | 161.15 million BoP, current US$ | -16.8% |
| 1990 | 217.88 million BoP, current US$ | +35.2% |
| 1991 | 274.52 million BoP, current US$ | +26.0% |
| 1992 | 376.26 million BoP, current US$ | +37.1% |
| 1993 | 397.00 million BoP, current US$ | +5.5% |
| 1994 | 368.67 million BoP, current US$ | -7.1% |
| 1995 | 349.86 million BoP, current US$ | -5.1% |
| 1996 | 388.75 million BoP, current US$ | +11.1% |
| 1997 | 413.77 million BoP, current US$ | +6.4% |
| 1998 | 482.04 million BoP, current US$ | +16.5% |
| 1999 | 612.30 million BoP, current US$ | +27.0% |
| 2000 | 776.14 million BoP, current US$ | +26.8% |
| 2001 | 720.51 million BoP, current US$ | -7.2% |
| 2002 | 632.02 million BoP, current US$ | -12.3% |
| 2003 | 703.21 million BoP, current US$ | +11.3% |
| 2004 | 773.06 million BoP, current US$ | +9.9% |
| 2005 | 902.88 million BoP, current US$ | +16.8% |
| 2006 | 848.78 million BoP, current US$ | -6.0% |
| 2007 | 924.93 million BoP, current US$ | +9.0% |
| 2008 | 986.57 million BoP, current US$ | +6.7% |
| 2009 | 837.07 million BoP, current US$ | -15.2% |
| 2010 | 900.59 million BoP, current US$ | +7.6% |
| 2011 | 998.96 million BoP, current US$ | +10.9% |
| 2012 | 1.00 billion BoP, current US$ | +0.5% |
| 2013 | 997.07 million BoP, current US$ | -0.7% |
| 2014 | 1.02 billion BoP, current US$ | +2.5% |
| 2015 | 813.18 million BoP, current US$ | -20.5% |
| 2016 | 762.28 million BoP, current US$ | -6.3% |
| 2017 | 835.69 million BoP, current US$ | +9.6% |
| 2018 | 932.25 million BoP, current US$ | +11.6% |
| 2019 | 1.11 billion BoP, current US$ | +19.2% |
| 2020 | 890.10 million BoP, current US$ | -19.9% |
| 2021 | 1.72 billion BoP, current US$ | +93.4% |
| 2022 | 1.50 billion BoP, current US$ | -13.0% |
| 2023 | 1.36 billion BoP, current US$ | -9.0% |
| 2024 | 1.54 billion BoP, current US$ | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 95.74 million BoP, current US$ | 81.18 million BoP, current US$ | 110.32 million BoP, current US$ | 4 |
| 1980s | 138.64 million BoP, current US$ | 87.64 million BoP, current US$ | 193.78 million BoP, current US$ | 10 |
| 1990s | 388.11 million BoP, current US$ | 217.88 million BoP, current US$ | 612.30 million BoP, current US$ | 10 |
| 2000s | 810.52 million BoP, current US$ | 632.02 million BoP, current US$ | 986.57 million BoP, current US$ | 10 |
| 2010s | 937.72 million BoP, current US$ | 762.28 million BoP, current US$ | 1.11 billion BoP, current US$ | 10 |
| 2020s | 1.40 billion BoP, current US$ | 890.10 million BoP, current US$ | 1.72 billion BoP, current US$ | 5 |
Countries ranked near Nepal
- 142 Jamaica 1.87 billion BoP, current US$ compare
- 143 Albania 1.76 billion BoP, current US$ compare
- 144 Sierra Leone 1.55 billion BoP, current US$ compare
- 146 Niger 1.52 billion BoP, current US$ compare
- 147 New Caledonia 1.34 billion BoP, current US$ compare
- 148 Liberia 1.31 billion BoP, current US$ 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)
- Services, value added (constant LCU), per capita 46,088 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.07 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8798 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,351 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.85 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 119.9 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 184,158 current LCU per person (2025)
Frequently asked questions
- What is share of service in total exports in Nepal?
- Share of service in total exports in Nepal was 1.54 billion BoP, current US$ in 2024, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Nepal?
- The highest recorded value was 1.72 billion BoP, current US$ in 2021.
- What is the lowest share of service in total exports recorded in Nepal?
- The lowest recorded value was 81.18 million BoP, current US$ in 1977.
- How does Nepal rank for share of service in total exports?
- Nepal ranks 145th out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Nepal?
- Over the last ten years it is up 51.1%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.