In 2023, Nepal witnessed a decrease in its Nominal GDP, falling to 40.91 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 160.10 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Nepal has Nominal GDP stood at 41.18 billion dollars, while the GDP based on PPP was 151.51 international billion dollars.
The net change in Nepal's GDP (Nominal) in 2023 decreased by -0.27 billion dollars(-0.66%), and GDP (PPP) increased by 8.59 international billion dollars(5.37%).
Source: worldbank Nominal PPPNominal | PPP | |||||
---|---|---|---|---|---|---|
Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
1960 | 0.51 | - | - | - | - | - |
1961 | 0.53 | 0.02 | 3.77 % | - | - | - |
1962 | 0.57 | 0.04 | 7.02 % | - | - | - |
1963 | 0.50 | -0.07 | -14.00 % | - | - | - |
1964 | 0.50 | 0.00 | 0.00 % | - | - | - |
1965 | 0.74 | 0.24 | 32.43 % | - | - | - |
1966 | 0.91 | 0.17 | 18.68 % | - | - | - |
1967 | 0.84 | -0.07 | -8.33 % | - | - | - |
1968 | 0.77 | -0.07 | -9.09 % | - | - | - |
1969 | 0.79 | 0.02 | 2.53 % | - | - | - |
1970 | 0.87 | 0.08 | 9.20 % | - | - | - |
1971 | 0.88 | 0.01 | 1.14 % | - | - | - |
1972 | 1.02 | 0.14 | 13.73 % | - | - | - |
1973 | 0.97 | -0.05 | -5.15 % | - | - | - |
1974 | 1.22 | 0.25 | 20.49 % | - | - | - |
1975 | 1.58 | 0.36 | 22.78 % | - | - | - |
1976 | 1.45 | -0.13 | -8.97 % | - | - | - |
1977 | 1.38 | -0.07 | -5.07 % | - | - | - |
1978 | 1.60 | 0.22 | 13.75 % | - | - | - |
1979 | 1.85 | 0.25 | 13.51 % | - | - | - |
1980 | 1.95 | 0.10 | 5.13 % | - | - | - |
1981 | 2.28 | 0.33 | 14.47 % | - | - | - |
1982 | 2.40 | 0.12 | 5.00 % | - | - | - |
1983 | 2.45 | 0.05 | 2.04 % | - | - | - |
1984 | 2.58 | 0.13 | 5.04 % | - | - | - |
1985 | 2.62 | 0.04 | 1.53 % | - | - | - |
1986 | 2.85 | 0.23 | 8.07 % | - | - | - |
1987 | 2.96 | 0.11 | 3.72 % | - | - | - |
1988 | 3.49 | 0.53 | 15.19 % | - | - | - |
1989 | 3.53 | 0.04 | 1.13 % | - | - | - |
1990 | 3.63 | 0.10 | 2.75 % | 16.20 | - | - |
1991 | 3.92 | 0.29 | 7.40 % | 17.81 | 1.61 | 9.04 % |
1992 | 3.40 | -0.52 | -15.29 % | 18.96 | 1.15 | 6.07 % |
1993 | 3.66 | 0.26 | 7.10 % | 20.16 | 1.20 | 5.95 % |
1994 | 4.07 | 0.41 | 10.07 % | 22.28 | 2.12 | 9.52 % |
1995 | 4.40 | 0.33 | 7.50 % | 23.54 | 1.26 | 5.35 % |
1996 | 4.52 | 0.12 | 2.65 % | 25.25 | 1.71 | 6.77 % |
1997 | 4.92 | 0.40 | 8.13 % | 26.98 | 1.73 | 6.41 % |
1998 | 4.86 | -0.06 | -1.23 % | 28.11 | 1.13 | 4.02 % |
1999 | 5.03 | 0.17 | 3.38 % | 29.76 | 1.65 | 5.54 % |
2000 | 5.49 | 0.46 | 8.38 % | 32.32 | 2.56 | 7.92 % |
2001 | 6.01 | 0.52 | 8.65 % | 34.64 | 2.32 | 6.70 % |
2002 | 6.05 | 0.04 | 0.66 % | 35.22 | 0.58 | 1.65 % |
2003 | 6.33 | 0.28 | 4.42 % | 37.33 | 2.11 | 5.65 % |
2004 | 7.27 | 0.94 | 12.93 % | 40.13 | 2.80 | 6.98 % |
2005 | 8.13 | 0.86 | 10.58 % | 42.83 | 2.70 | 6.30 % |
2006 | 9.04 | 0.91 | 10.07 % | 45.63 | 2.80 | 6.14 % |
2007 | 10.33 | 1.29 | 12.49 % | 48.47 | 2.84 | 5.86 % |
2008 | 12.55 | 2.22 | 17.69 % | 52.42 | 3.95 | 7.54 % |
2009 | 12.85 | 0.30 | 2.33 % | 55.13 | 2.71 | 4.92 % |
2010 | 16.00 | 3.15 | 19.69 % | 58.49 | 3.36 | 5.74 % |
2011 | 21.57 | 5.57 | 25.82 % | 61.74 | 3.25 | 5.26 % |
2012 | 21.70 | 0.13 | 0.60 % | 67.90 | 6.16 | 9.07 % |
2013 | 22.16 | 0.46 | 2.08 % | 73.33 | 5.43 | 7.40 % |
2014 | 22.73 | 0.57 | 2.51 % | 80.28 | 6.95 | 8.66 % |
2015 | 24.36 | 1.63 | 6.69 % | 82.28 | 2.00 | 2.43 % |
2016 | 24.52 | 0.16 | 0.65 % | 83.20 | 0.92 | 1.11 % |
2017 | 28.97 | 4.45 | 15.36 % | 100.97 | 17.77 | 17.60 % |
2018 | 33.11 | 4.14 | 12.50 % | 111.09 | 10.12 | 9.11 % |
2019 | 34.19 | 1.08 | 3.16 % | 121.06 | 9.97 | 8.24 % |
2020 | 33.43 | -0.76 | -2.27 % | 122.69 | 1.63 | 1.33 % |
2021 | 36.92 | 3.49 | 9.45 % | 134.00 | 11.31 | 8.44 % |
2022 | 41.18 | 4.26 | 10.34 % | 151.51 | 17.51 | 11.56 % |
2023 | 40.91 | -0.27 | -0.66 % | 160.10 | 8.59 | 5.37 % |