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Macro

Nepal

South Asia · Lower middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 4.4%
Current prices2025
45USD bn
GDP per capita▲ 4.4%
Current prices2025
1,512USD
Real GDP growth▲ 0.9 pp
Annual change2025
4.6%
Inflation▼ 1.4 pp
Average consumer prices2025
4.1%
Government debt▼ 0.2 pp
General government, gross2025
48.1% of GDP
Current account▲ 2.8 pp
Balance2025
6.7% of GDP
Population■ 0.0%
Total2025
29.65million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-2.40.09.01995: 3.5%1996: 5.3%1997: 5.3%1998: 2.9%1999: 4.5%2000: 6.1%2001: 5.6%2002: 0.1%2003: 3.9%2004: 4.7%2005: 3.5%2006: 3.4%2007: 3.4%2008: 6.1%2009: 4.5%2010: 4.8%2011: 3.4%2012: 4.7%2013: 3.5%2014: 6.0%2015: 4.0%2016: 0.4%2017: 9.0%2018: 7.6%2019: 6.7%2020: -2.4%2021: 4.8%2022: 5.6%2023: 2.0%2024: 3.7%2025: 4.6%2026: 3.0% (IMF projection)2027: 4.6% (IMF projection)2028: 5.3% (IMF projection)2029: 5.1% (IMF projection)2030: 5.0% (IMF projection)2031: 5.0% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.012.61995: 7.7%1996: 7.2%1997: 8.1%1998: 8.3%1999: 11.4%2000: 3.4%2001: 2.4%2002: 2.9%2003: 4.7%2004: 4.0%2005: 4.5%2006: 8.0%2007: 6.2%2008: 6.7%2009: 12.6%2010: 9.6%2011: 9.6%2012: 8.3%2013: 9.9%2014: 9.0%2015: 7.8%2016: 9.9%2017: 4.5%2018: 4.1%2019: 4.6%2020: 6.1%2021: 3.6%2022: 6.4%2023: 7.7%2024: 5.4%2025: 4.1%2026: 3.1% (IMF projection)2027: 5.0% (IMF projection)2028: 5.0% (IMF projection)2029: 5.0% (IMF projection)2030: 5.0% (IMF projection)2031: 5.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %4.85.62.03.74.63.04.65.35.15.0
Inflation, average consumer prices %3.66.47.75.44.13.15.05.05.05.0
GDP, current prices USD bn37414143454648535864
GDP per capita, current prices USD1,2531,3861,3821,4471,5121,5481,6241,7891,9722,172
GDP per capita, PPP Int. USD4,5465,1025,4005,7456,1816,5517,0057,5028,0348,600
General government gross debt % of GDP43.342.747.048.348.149.649.448.347.246.1
General government net lending/borrowing % of GDP-4.0-3.1-5.8-2.5-1.9-2.5-3.3-3.2-3.1-3.0
Current account balance % of GDP-7.7-12.6-0.93.96.76.92.0-0.3-1.7-3.0
Population million29.4829.7229.6929.6529.6529.6229.6029.5929.5729.55

Government debt, % of GDP

General government gross debt
0.053.02000: 51%2001: 51%2002: 52%2003: 53%2004: 51%2005: 45%2006: 43%2007: 38%2008: 37%2009: 39%2010: 35%2011: 32%2012: 35%2013: 32%2014: 28%2015: 26%2016: 25%2017: 25%2018: 31%2019: 34%2020: 43%2021: 43%2022: 43%2023: 47%2024: 48%2025: 48%2026: 50% (IMF projection)2027: 49% (IMF projection)2028: 48% (IMF projection)2029: 47% (IMF projection)2030: 46% (IMF projection)2031: 45% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-12.60.06.92000: 5.6%2001: 6.7%2002: 3.4%2003: 2.1%2004: 2.4%2005: 1.8%2006: 1.9%2007: -0.1%2008: 2.4%2009: 3.7%2010: -2.1%2011: -0.8%2012: 4.2%2013: 2.9%2014: 4.0%2015: 4.4%2016: 5.5%2017: -0.3%2018: -7.1%2019: -6.9%2020: -1.0%2021: -7.7%2022: -12.6%2023: -0.9%2024: 3.9%2025: 6.7%2026: 6.9% (IMF projection)2027: 2.0% (IMF projection)2028: -0.3% (IMF projection)2029: -1.7% (IMF projection)2030: -3.0% (IMF projection)2031: -4.0% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199539.021.38.933.2
200533.816.57.645.8
201526.513.25.450.5
202521.612.15.054.4

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method1,570USD2025+80.5%
GNI, Atlas method46USD bn2025+92.7%
Exports of goods and services8.8% of GDP2025-1.4 pp
Imports of goods and services33.7% of GDP2025-2.7 pp
Life expectancy at birth70.6years2024+4.2%
Urban population67.0% of total2025+2.0 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)