Value Added (Total Manufacturing) — Annual growth US$ in Nepal

Nepal: Value Added (Total Manufacturing) — Annual growth US$ was -3.64 % in 2023. ◆ Volatile

Latest (2023)
-3.64 %
Change on year
down 138.8%
World rank
193rd
of 236 countries
All-time high
41.66 %
in 1992
All-time low
-13.86 %
in 2020
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Annual growth US$ in Nepal, 1971–2023

-2002040197119972023

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for value added (total manufacturing) — annual growth us$ in Nepal is -3.64 %, measured in 2023.

Compared with earlier readings it is down 138.8% on the previous year and down 509.9% over ten years.

Over the whole period, value added (total manufacturing) — annual growth us$ in Nepal peaked at 41.66 % in 1992 and was at its lowest, -13.86 %, in 2020.

Nepal ranks 193rd of 236 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Annual growth US$ in Nepal, year by year

Annual values for Value Added (Total Manufacturing) — Annual growth US$ in Nepal, 1971 to 2023.
Year % Change
1971 3.94 % —
1972 21.76 % +452.4%
1973 -5.99 % -127.5%
1974 31.28 % -621.9%
1975 9.15 % -70.7%
1976 -8.53 % -193.2%
1977 6.67 % -178.1%
1978 11.35 % +70.3%
1979 7.78 % -31.4%
1980 10.38 % +33.3%
1981 6.94 % -33.1%
1982 12.52 % +80.4%
1983 6.95 % -44.5%
1984 9.92 % +42.7%
1985 24.73 % +149.3%
1986 11.34 % -54.1%
1987 11.87 % +4.6%
1988 15.61 % +31.5%
1989 -9.85 % -163.1%
1990 13.52 % -237.3%
1991 4.48 % -66.8%
1992 41.66 % +829.0%
1993 0.1931 % -99.5%
1994 20.23 % +10377.6%
1995 4.22 % -79.1%
1996 5.16 % +22.0%
1997 7.95 % +54.2%
1998 -4.38 % -155.1%
1999 8.68 % -298.2%
2000 6.15 % -29.2%
2001 0.355 % -94.2%
2002 -4.65 % -1408.5%
2003 6.12 % -231.8%
2004 11.87 % +93.9%
2005 12.13 % +2.2%
2006 5.44 % -55.2%
2007 20.48 % +276.7%
2008 5.23 % -74.4%
2009 3.79 % -27.5%
2010 15.72 % +314.3%
2011 8.86 % -43.6%
2012 4.99 % -43.7%
2013 0.8882 % -82.2%
2014 6.65 % +649.2%
2015 -1.3 % -119.6%
2016 -6.34 % +386.9%
2017 20.42 % -422.1%
2018 8.88 % -56.5%
2019 9.66 % +8.8%
2020 -13.86 % -243.5%
2021 19.42 % -240.1%
2022 9.38 % -51.7%
2023 -3.64 % -138.8%

Nepal compared with similar countries

  • Nepal's -3.64 % is below the median for lower middle income countries, which is 3.1 %. (44 countries reporting)
  • Nepal's -3.64 % is below the median for South Asia, which is 1.48 %. (6 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Annual growth US$ 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.

YearChange FromTo
1994 +10377.6% 0.1931 % 20.23 %
2002 -1408.5% 0.355 % -4.65 %
1992 +829.0% 4.48 % 41.66 %

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.6 % -8.53 % 31.28 % 9
1980s 10.04 % -9.85 % 24.73 % 10
1990s 10.17 % -4.38 % 41.66 % 10
2000s 6.69 % -4.65 % 20.48 % 10
2010s 6.84 % -6.34 % 20.42 % 10
2020s 2.82 % -13.86 % 19.42 % 4

Countries ranked near Nepal

  1. 190 Mozambique -2.98 % compare
  2. 191 Luxembourg -3.09 % compare
  3. 192 Malaysia -3.26 % compare
  4. 194 China, mainland -3.87 % compare
  5. 195 USSR -3.9 % compare
  6. 196 Myanmar -3.92 % compare

See the full ranking of 266 places →

More economy & growth data for Nepal

All data for Nepal →

Frequently asked questions

What is value added (total manufacturing) — annual growth us$ in Nepal?
Value added (total manufacturing) — annual growth us$ in Nepal was -3.64 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — annual growth us$ recorded in Nepal?
The highest recorded value was 41.66 % in 1992.
What is the lowest value added (total manufacturing) — annual growth us$ recorded in Nepal?
The lowest recorded value was -13.86 % in 2020.
How does Nepal rank for value added (total manufacturing) — annual growth us$?
Nepal ranks 193rd out of 236 countries with data for 2023.
Is value added (total manufacturing) — annual growth us$ rising or falling in Nepal?
Over the last ten years it is down 509.9%. The long-run trend across the full record is volatile.
Where does this Nepal data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Annual growth US$. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Annual growth US$ in Nepal. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 13 October 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-annual-growth-us/nepal/

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About this data

Indicator
Value Added (Total Manufacturing) — Annual growth US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 12,922 data points, 1971–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).