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Nepal GDP

Nepal's GDP rose to $42.91 billion in 2024, up from $41.05 billion in 2023, according to World Bank. This represents an increase of 4.5% ($1.87 billion) from the previous year and accounts for 0.04% of the world's total GDP. Nepal has GDP higher than the global median ($42.91 billion vs median $35.85 billion). Compared with the median in Asia, Nepal is lower ($42.91 billion vs regional median $98.96 billion) and ranks 32nd out of 47 countries in Asia.

Nepal's GDP per capita rose to $1,179.81 in 2024, up from $1,136.43 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 42.91
2023 41.05
2022 41.18
2021 36.92
2020 33.43
2019 34.19
2018 33.11
2017 28.97
2016 24.52
2015 24.36
2014 22.73
2013 22.16
2012 21.7
2011 21.57
2010 16
2009 12.85
2008 12.55
2007 10.33
2006 9.04
2005 8.13
2004 7.27
2003 6.33
2002 6.05
2001 6.01
2000 5.49
1999 5.03
1998 4.86
1997 4.92
1996 4.52
1995 4.4
1994 4.07
1993 3.66
1992 3.4
1991 3.92
1990 3.63
1989 3.53
1988 3.49
1987 2.96
1986 2.85
1985 2.62
1984 2.58
1983 2.45
1982 2.4
1981 2.28
1980 1.95
1979 1.85
1978 1.6
1977 1.38
1976 1.45
1975 1.58
1974 1.22
1973 0.97
1972 1.02
1971 0.88
1970 0.87
1969 0.79
1968 0.77
1967 0.84
1966 0.91
1965 0.74
1964 0.5
1963 0.5
1962 0.57
1961 0.53
1960 0.51
Nepal GDP : Definition
GDP measures the total value of all goods and services produced in Nepal, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.67% 1.98% 2024
GDP per Capita $1,179.81 $1,136.43 2024
GDP per Capita PPP $5,046.82 $4,861.23 2024
Real GDP $34.98B $33.75B 2024