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Nepal Trade (% GDP)

Nepal's trade (% GDP) fell to 40.53% in 2024, down from 41.57% in 2023, according to World Bank. This represents a decrease of 1.04% from the previous year. Nepal has the 18th lowest trade (% GDP). Within Asia, it ranks 40th out of 45 countries.

Yearly Historical Data (1965-2024)

(in %)
Year Trade (% GDP)
2024 40.53%
2023 41.57%
2022 48.97%
2021 43.05%
2020 40.92%
2019 49.25%
2018 48.45%
2017 44.64%
2016 42.12%
2015 46.67%
2014 45.98%
2013 41.87%
2012 37.92%
2011 36.3%
2010 45.98%
2009 47.08%
2008 46.04%
2007 44.58%
2006 44.76%
2005 44.06%
2004 46.15%
2003 44.25%
2002 46.23%
2001 55.8%
2000 55.71%
1999 52.57%
1998 56.71%
1997 64.04%
1996 58.46%
1995 59.49%
1994 50.43%
1993 47.19%
1992 41.7%
1991 34.68%
1990 32.19%
1989 33.35%
1988 33.83%
1987 32.72%
1986 31.97%
1985 31.53%
1984 30.1%
1983 31.55%
1982 30.4%
1981 32.52%
1980 30.27%
1979 27.75%
1978 26.04%
1977 26.11%
1976 24.95%
1975 22.27%
1974 16%
1973 16.98%
1972 13.58%
1971 14.53%
1970 13.21%
1969 17.23%
1968 14.35%
1967 13.83%
1966 14.4%
1965 21.69%
Nepal Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Nepal divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $1.3B $1.67B 2022
Annual Imports $13.74B $15.83B 2022
Exports (% GDP) 7.62% 7.01% 2024
FDI Inflows (% GDP) 0.17% 0.18% 2024
Imports (% GDP) 32.91% 34.56% 2024
Net Trade (Goods & Services, BoP) -$14.03B -$11.62B 2024
Tariff Rate 13.64% 13.1% 2022