Nepal: economy

What is Nepal's GDP growth rate?

Nepal's GDP grew by an estimated 3.85% at purchasers' prices in the fiscal year 2025/26, according to the National Statistics Office's National Accounts Statistics of Nepal 2025/26. The revised figure for 2024/25 is 4.43% and the final figure for 2023/24 is 3.68%.

Nepal's fiscal year runs from mid-July to mid-July, so 2025/26 ended in July 2026. The 2025/26 figure is a preliminary estimate and will be revised. Nominal GDP was about Rs 6,600 billion. The IMF World Economic Outlook projects growth of 3.6% for 2026.

Official sources: NSO: National Accounts Statistics of Nepal 2025/26 (PDF) · NSO: National Accounts Statistics 2025/26 · IMF DataMapper: Real GDP growth, Nepal

What is the inflation rate in Nepal?

Consumer prices in Nepal were 6.34% higher in mid-September 2026 than a year earlier, up from 5.96% a month before and 1.87% a year earlier, according to Nepal Rastra Bank's Current Macroeconomic and Financial Situation, published on 15 October 2026.

Food and beverage prices rose 7.54% and non-food items and services 5.69%. Ghee and oil were up 16.68% and transport 12.77%. Inflation was 5.28% in the Kathmandu Valley and highest in Madhesh Province, at 7.48%. The bank's monthly figures follow the Nepali calendar, so each month ends in the middle of a Gregorian month.

Official sources: Nepal Rastra Bank: Current Macroeconomic and Financial Situation, two months of 2026/27 (PDF)

What is the interest rate in Nepal?

Nepal Rastra Bank's policy rate, the overnight repo rate, is 4.25%, according to the rates table on the bank's website, which shows it was cut from 4.50% on 2 December 2025. The bank's Monetary Policy for 2026/27, issued in July 2026, kept it unchanged. The corridor runs from 2.75% to 5.75%.

Commercial banks charged an average lending rate of 6.38% and paid an average deposit rate of 3.11% in mid-September 2026, according to the bank's latest macroeconomic report. The average interbank rate was 2.75%, at the floor of the corridor, and the 91-day Treasury bill rate 1.35%.

Official sources: Nepal Rastra Bank: Policy rates · Nepal Rastra Bank: Monetary Policy 2026/27, in Nepali (PDF) · Nepal Rastra Bank: Current Macroeconomic and Financial Situation, two months of 2026/27 (PDF)

What is Nepal's GDP per capita?

Nepal's GDP per capita was about USD 1,513, or Rs 217,946, in 2025/26, according to the National Statistics Office's national accounts. In rupees it rose 5.47% on the year before; in real terms it rose 2.90%.

The dollar figure was about the same as the USD 1,516 of 2024/25 because the rupee weakened against the dollar. Per capita income including remittances and other transfers from abroad, gross national disposable income, was much higher, at Rs 294,357 per person.

Official sources: NSO: National Accounts Statistics of Nepal 2025/26 (PDF)

How important are remittances to Nepal's economy?

Workers' remittances were equal to 33.0% of Nepal's GDP in 2025/26, up from 27.8% in 2024/25, according to the National Statistics Office's national accounts. In the first two months of 2026/27, remittance inflows rose 23.9% to Rs 436.36 billion, according to Nepal Rastra Bank.

In dollar terms the two-month inflow was USD 2.85 billion, up 13.5%. Remittances are money sent home by Nepalis working abroad. The current account was in surplus, at Rs 169.04 billion, in the same two months.

Official sources: NSO: National Accounts Statistics of Nepal 2025/26 (PDF) · Nepal Rastra Bank: Current Macroeconomic and Financial Situation, two months of 2026/27 (PDF)

Is Nepal's economy growing?

4.4%: that is real GDP growth in Nepal for 2025, according to the World Bank. Since 2005 it has ranged from -2.4% (2020) to 9.0% (2017). It is 5th highest of 6 in South Asia, where the median is 5.6%. Of 180 countries with 2025 data, 57th highest.

What is Nepal's GDP per person?

The World Bank puts GDP per person in Nepal at $1,536 in 2025. It is the top of the series, which starts in 2005. Across South Asia the middle value was $3,598, and Nepal placed 6th highest of 6. Of 180 countries with 2025 data, 154th highest.

What is Nepal's GDP per capita at PPP?

According to the World Bank, GDP per person at purchasing power parity in Nepal was $6,175 in international dollars in 2025. It is the top of the series, which starts in 2005. It is 6th highest of 6 in South Asia, where the median is $14,406 in international dollars. Worldwide: 142nd of 179.

What share of Nepal's economy is exports?

The World Bank puts exports of goods and services in Nepal at 8.8% of GDP in 2025. The peak was 14.6% of GDP in 2005 and the low 5.1% of GDP in 2021. Of 133 countries with 2025 data, 131st highest.

Does Nepal earn more abroad than it spends?

The latest figure from the IMF, for 2025, is 10.7% of GDP. That is the highest since at least 2005. It is 1st highest of 5 in South Asia, where the median is -0.0% of GDP. Worldwide: 10th of 132.

How much foreign investment does Nepal receive?

The IMF puts net inflows of foreign direct investment in Nepal at 0.1% of GDP in 2025. Its high point since 2005 was 2017, at 0.7% of GDP; its low point was 2006, at -0.1% of GDP. Across South Asia the middle value was 0.7% of GDP, and Nepal placed 6th highest of 6. Worldwide: 158th of 179.