Share of services in total exports in Nepal
Nepal: Share of services in total exports was 55.12 in 2024. ▼ Falling
Latest (2024)
55.12
Change on year
up 0.5%
World rank
44th
of 198 countries
All-time high
67.66
in 1997
All-time low
29.64
in 2005
Years of data
49
1976–2024
Share of services in total exports in Nepal, 1976–2024
Source: Our World in Data.
Analysis
In 2024, share of services in total exports in Nepal stood at 55.12.
The figure is up 0.5% on the previous year and down 4.3% over ten years.
Over the whole period, share of services in total exports in Nepal peaked at 67.66 in 1997 and was at its lowest, 29.64, in 2005.
That places Nepal 44th out of 198 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Share of services in total exports in Nepal, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 37.54 | — |
| 1977 | 47.08 | +25.4% |
| 1978 | 52.59 | +11.7% |
| 1979 | 50.26 | -4.4% |
| 1980 | 60.3 | +20.0% |
| 1981 | 51.88 | -14.0% |
| 1982 | 64.64 | +24.6% |
| 1983 | 62.77 | -2.9% |
| 1984 | 55.03 | -12.3% |
| 1985 | 49.39 | -10.2% |
| 1986 | 55.33 | +12.0% |
| 1987 | 57.31 | +3.6% |
| 1988 | 53.59 | -6.5% |
| 1989 | 55.76 | +4.0% |
| 1990 | 48.4 | -13.2% |
| 1991 | 46.63 | -3.7% |
| 1992 | 42.12 | -9.7% |
| 1993 | 45.63 | +8.3% |
| 1994 | 61.11 | +33.9% |
| 1995 | 66 | +8.0% |
| 1996 | 66.08 | +0.1% |
| 1997 | 67.66 | +2.4% |
| 1998 | 53.97 | -20.2% |
| 1999 | 51.69 | -4.2% |
| 2000 | 39.46 | -23.7% |
| 2001 | 36.45 | -7.6% |
| 2002 | 32.57 | -10.6% |
| 2003 | 34.6 | +6.2% |
| 2004 | 37.35 | +7.9% |
| 2005 | 29.64 | -20.6% |
| 2006 | 31.24 | +5.4% |
| 2007 | 35.6 | +14.0% |
| 2008 | 42.31 | +18.8% |
| 2009 | 45.71 | +8.0% |
| 2010 | 42.69 | -6.6% |
| 2011 | 46.36 | +8.6% |
| 2012 | 47.94 | +3.4% |
| 2013 | 54.38 | +13.4% |
| 2014 | 57.6 | +5.9% |
| 2015 | 63.76 | +10.7% |
| 2016 | 63.99 | +0.4% |
| 2017 | 65.62 | +2.5% |
| 2018 | 65.18 | -0.7% |
| 2019 | 59.25 | -9.1% |
| 2020 | 49.75 | -16.0% |
| 2021 | 31.67 | -36.3% |
| 2022 | 45.63 | +44.1% |
| 2023 | 54.85 | +20.2% |
| 2024 | 55.12 | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 46.87 | 37.54 | 52.59 | 4 |
| 1980s | 56.6 | 49.39 | 64.64 | 10 |
| 1990s | 54.93 | 42.12 | 67.66 | 10 |
| 2000s | 36.49 | 29.64 | 45.71 | 10 |
| 2010s | 56.68 | 42.69 | 65.62 | 10 |
| 2020s | 47.4 | 31.67 | 55.12 | 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)
- GDP (current US$), annual growth rate 5.06 % change on previous year (2025)
- GDP (current US$), per capita 1,536 current US$ per person (2025)
- GDP (current LCU), annual growth rate 7.63 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 136.29 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 209,327 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.43 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8032 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,234 constant 2015 US$ per person (2025)
Frequently asked questions
- What is share of services in total exports in Nepal?
- Share of services in total exports in Nepal was 55.12 in 2024, according to Our World in Data.
- What is the highest share of services in total exports recorded in Nepal?
- The highest recorded value was 67.66 in 1997.
- What is the lowest share of services in total exports recorded in Nepal?
- The lowest recorded value was 29.64 in 2005.
- How does Nepal rank for share of services in total exports?
- Nepal ranks 44th out of 198 countries with data for 2024.
- Is share of services in total exports rising or falling in Nepal?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is falling.
- Where does this Nepal data come from?
- The figures come from Our World in Data, published as part of Share of services in total exports. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (Our World in Data).