Value Added (Total Manufacturing) — Value Standard Local Currency in Nepal
Nepal: Value Added (Total Manufacturing) — Value Standard Local Currency was -1.98 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Nepal, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Nepal is -1.98 % change on previous year, measured in 2023.
That represents a change of down 129.6% on the previous year and down 168.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Nepal peaked at 32 % change on previous year in 1992 and was at its lowest, -9.51 % change on previous year, in 2016.
That places Nepal 165th out of 223 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Nepal, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.7448 % change on previous year | — |
| 1972 | 8.23 % change on previous year | +1004.5% |
| 1973 | 0.9173 % change on previous year | -88.8% |
| 1974 | 9.11 % change on previous year | +892.8% |
| 1975 | -1.01 % change on previous year | -111.1% |
| 1976 | 3.35 % change on previous year | -432.1% |
| 1977 | 10.61 % change on previous year | +216.4% |
| 1978 | -1.36 % change on previous year | -112.8% |
| 1979 | -2.89 % change on previous year | +112.0% |
| 1980 | 2.57 % change on previous year | -189.0% |
| 1981 | 3.83 % change on previous year | +49.0% |
| 1982 | 8.36 % change on previous year | +118.3% |
| 1983 | 4.6 % change on previous year | -45.0% |
| 1984 | 16.93 % change on previous year | +267.7% |
| 1985 | 24.09 % change on previous year | +42.3% |
| 1986 | 15.17 % change on previous year | -37.0% |
| 1987 | 2.32 % change on previous year | -84.7% |
| 1988 | 5.71 % change on previous year | +146.5% |
| 1989 | -7.07 % change on previous year | -223.7% |
| 1990 | 9.8 % change on previous year | -238.8% |
| 1991 | 17.67 % change on previous year | +80.2% |
| 1992 | 32 % change on previous year | +81.1% |
| 1993 | 6.21 % change on previous year | -80.6% |
| 1994 | 12.32 % change on previous year | +98.4% |
| 1995 | 1.96 % change on previous year | -84.1% |
| 1996 | 9.04 % change on previous year | +360.7% |
| 1997 | 7.05 % change on previous year | -21.9% |
| 1998 | 3.42 % change on previous year | -51.5% |
| 1999 | 5.29 % change on previous year | +54.6% |
| 2000 | 7.2 % change on previous year | +36.1% |
| 2001 | 3.76 % change on previous year | -47.7% |
| 2002 | -4.52 % change on previous year | -220.2% |
| 2003 | 0.89 % change on previous year | -119.7% |
| 2004 | 3.02 % change on previous year | +239.0% |
| 2005 | 3.49 % change on previous year | +15.5% |
| 2006 | 2.86 % change on previous year | -17.9% |
| 2007 | 3.42 % change on previous year | +19.5% |
| 2008 | -0.0287 % change on previous year | -100.8% |
| 2009 | -0.2073 % change on previous year | +622.7% |
| 2010 | 3.83 % change on previous year | -1948.9% |
| 2011 | 4.93 % change on previous year | +28.7% |
| 2012 | 10.1 % change on previous year | +104.8% |
| 2013 | 2.89 % change on previous year | -71.4% |
| 2014 | 6.05 % change on previous year | +109.3% |
| 2015 | 0.0632 % change on previous year | -99.0% |
| 2016 | -9.51 % change on previous year | -15142.9% |
| 2017 | 16.83 % change on previous year | -277.0% |
| 2018 | 9.21 % change on previous year | -45.3% |
| 2019 | 6.52 % change on previous year | -29.1% |
| 2020 | -9.03 % change on previous year | -238.4% |
| 2021 | 8.66 % change on previous year | -195.9% |
| 2022 | 6.7 % change on previous year | -22.6% |
| 2023 | -1.98 % change on previous year | -129.6% |
Nepal compared with similar countries
- Nepal's -1.98 % change on previous year is below the median for lower middle income countries, which is 2.07 % change on previous year. (44 countries reporting)
- Nepal's -1.98 % change on previous year is below the median for South Asia, which is 3.19 % change on previous year. (6 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 | -15142.9% | 0.0632 % change on previous year | -9.51 % change on previous year |
| 2010 | +1948.9% | -0.2073 % change on previous year | 3.83 % change on previous year |
| 1972 | +1004.5% | 0.7448 % change on previous year | 8.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.08 % change on previous year | -2.89 % change on previous year | 10.61 % change on previous year | 9 |
| 1980s | 7.65 % change on previous year | -7.07 % change on previous year | 24.09 % change on previous year | 10 |
| 1990s | 10.48 % change on previous year | 1.96 % change on previous year | 32 % change on previous year | 10 |
| 2000s | 1.99 % change on previous year | -4.52 % change on previous year | 7.2 % change on previous year | 10 |
| 2010s | 5.09 % change on previous year | -9.51 % change on previous year | 16.83 % change on previous year | 10 |
| 2020s | 1.09 % change on previous year | -9.03 % change on previous year | 8.66 % change on previous year | 4 |
Countries ranked near Nepal
- 162 Switzerland -1.7 % change on previous year compare
- 163 Seychelles -1.72 % change on previous year compare
- 164 Austria -1.75 % change on previous year compare
- 166 Portugal -2.07 % change on previous year compare
- 167 Argentina -2.11 % change on previous year compare
- 168 Solomon Islands -2.31 % 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 value added (total manufacturing) — value standard local currency in Nepal?
- Value added (total manufacturing) — value standard local currency in Nepal was -1.98 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Nepal?
- The highest recorded value was 32 % change on previous year in 1992.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Nepal?
- The lowest recorded value was -9.51 % change on previous year in 2016.
- How does Nepal rank for value added (total manufacturing) — value standard local currency?
- Nepal ranks 165th out of 223 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Nepal?
- Over the last ten years it is down 168.6%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.