Travel services in Nepal
Nepal: Travel services was 65.2% in 2024. ▲ Rising
Travel services in Nepal, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Nepal recorded 65.2% for travel services in 2024. That is the highest value across all 49 years on record.
That represents a change of up 9.2% on the previous year and up 54.9% over ten years.
Over the whole period, travel services in Nepal peaked at 65.2% in 2024 and was at its lowest, 20.7%, in 1991.
That places Nepal 3rd out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Travel services in Nepal, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1976 | 30.8% | — |
| 1977 | 31.9% | +3.6% |
| 1978 | 31.0% | -2.7% |
| 1979 | 29.7% | -4.4% |
| 1980 | 29.2% | -1.5% |
| 1981 | 25.0% | -14.4% |
| 1982 | 27.8% | +11.2% |
| 1983 | 24.2% | -13.0% |
| 1984 | 27.7% | +14.5% |
| 1985 | 24.9% | -10.4% |
| 1986 | 25.6% | +2.9% |
| 1987 | 26.5% | +3.6% |
| 1988 | 28.9% | +8.9% |
| 1989 | 32.3% | +11.9% |
| 1990 | 27.1% | -16.3% |
| 1991 | 20.7% | -23.5% |
| 1992 | 23.1% | +11.5% |
| 1993 | 36.9% | +59.9% |
| 1994 | 37.9% | +2.7% |
| 1995 | 43.5% | +14.8% |
| 1996 | 51.4% | +18.2% |
| 1997 | 46.0% | -10.5% |
| 1998 | 39.6% | -13.9% |
| 1999 | 33.6% | -15.2% |
| 2000 | 36.7% | +9.0% |
| 2001 | 37.1% | +1.3% |
| 2002 | 29.2% | -21.3% |
| 2003 | 30.5% | +4.4% |
| 2004 | 39.9% | +31.0% |
| 2005 | 37.5% | -6.0% |
| 2006 | 37.6% | +0.1% |
| 2007 | 37.9% | +0.7% |
| 2008 | 44.7% | +18.0% |
| 2009 | 51.5% | +15.2% |
| 2010 | 46.2% | -10.3% |
| 2011 | 40.9% | -11.4% |
| 2012 | 46.1% | +12.6% |
| 2013 | 42.9% | -7.0% |
| 2014 | 42.1% | -1.8% |
| 2015 | 43.9% | +4.3% |
| 2016 | 46.9% | +6.9% |
| 2017 | 48.3% | +2.9% |
| 2018 | 46.9% | -2.8% |
| 2019 | 40.9% | -12.9% |
| 2020 | 24.0% | -41.2% |
| 2021 | 27.0% | +12.6% |
| 2022 | 48.5% | +79.3% |
| 2023 | 59.7% | +23.0% |
| 2024 | 65.2% | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.9% | 29.7% | 31.9% | 4 |
| 1980s | 27.2% | 24.2% | 32.3% | 10 |
| 1990s | 36.0% | 20.7% | 51.4% | 10 |
| 2000s | 38.3% | 29.2% | 51.5% | 10 |
| 2010s | 44.5% | 40.9% | 48.3% | 10 |
| 2020s | 44.9% | 24.0% | 65.2% | 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)
- Total reserves minus gold (current US$), annual growth rate 31.64 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.4392 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 674.54 current US$ per person (2025)
- General government final consumption expenditure (current US$) 13.79 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.0838 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 128.78 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 16.58 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 11.43 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is travel services in Nepal?
- Travel services in Nepal was 65.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Nepal?
- The highest recorded value was 65.2% in 2024.
- What is the lowest travel services recorded in Nepal?
- The lowest recorded value was 20.7% in 1991.
- How does Nepal rank for travel services?
- Nepal ranks 3rd out of 198 countries with data for 2024.
- Is travel services rising or falling in Nepal?
- Over the last ten years it is up 54.9%. The long-run trend across the full record is rising.
- Where does this Nepal data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service imports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.