Nepal GDP Growth

GDP Growth Rate

Year -

1.95%

Nepal GDP Growth in last 10 YearsGrowth Rate(%)20142014201520152016201620172017201820182019201920202020202120212022202220232023
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In 2023, Nepal experienced a significant a decrease in its GDP growth rate, which fall to 1.95% from 5.63% in 2022. Additionally, the GDP per capita growth rate in Nepal decrease to 0.8% in 2023, compared to 3.86% in 2022.

Nepal GDP Growth

In 2023, Nepal experienced a decrease in economic performance, with the GDP growth rate falling by 3.68%. Additionally, the GDP per capita growth rate decrease by 3.06%.

Nepal Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Growth
Growth per Capita
Nepal GDP Growth from 1984 to 1983Growth
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Nepal Annual GDP Growth
Year GDP Growth Net Chg GDP Capita Growth Net Chg
19611.91%1.91%-0.03%-0.03%
19621.91%0.00%-0.07%-0.04%
19631.9%-0.01%-0.11%-0.04%
19647.53%5.63%5.38%5.49%
1965-1.2%-8.73%-3.23%-8.61%
19667.04%8.24%4.83%8.06%
1967-1.57%-8.61%-3.63%-8.46%
19680.68%2.25%-1.47%2.16%
19694.46%3.78%2.23%3.70%
19702.58%-1.88%0.37%-1.86%
1971-1.2%-3.78%-3.31%-3.68%
19723.12%4.32%0.93%4.24%
1973-0.48%-3.60%-2.59%-3.52%
19746.33%6.81%4.07%6.66%
19751.46%-4.87%-0.72%-4.79%
19764.4%2.94%2.16%2.88%
19773.02%-1.38%0.75%-1.41%
19784.41%1.39%2.03%1.28%
19792.37%-2.04%0.02%-2.01%
1980-2.32%-4.69%-4.59%-4.61%
19818.34%10.66%5.84%10.43%
19823.78%-4.56%1.38%-4.46%
1983-2.98%-6.76%-5.26%-6.64%
19849.68%12.66%7.12%12.38%
19856.14%-3.54%3.73%-3.39%
19864.57%-1.57%2.26%-1.47%
19871.7%-2.87%-0.46%-2.72%
19887.7%6.00%5.43%5.89%
19894.33%-3.37%2.02%-3.41%
19904.64%0.31%2.12%0.10%
19916.37%1.73%3.65%1.53%
19924.11%-2.26%1.23%-2.42%
19933.85%-0.26%1.09%-0.14%
19948.22%4.37%5.6%4.51%
19953.47%-4.75%1.1%-4.50%
19965.33%1.86%3.12%2.02%
19975.05%-0.28%2.95%-0.17%
19983.02%-2.03%1.04%-1.91%
19994.41%1.39%2.51%1.47%
20006.2%1.79%4.4%1.89%
20014.8%-1.40%3.13%-1.27%
20020.12%-4.68%-1.37%-4.50%
20033.95%3.83%2.53%3.90%
20044.68%0.73%3.39%0.86%
20053.48%-1.20%2.37%-1.02%
20063.36%-0.12%2.45%0.08%
20073.41%0.05%2.66%0.21%
20086.1%2.69%5.44%2.78%
20094.53%-1.57%3.97%-1.47%
20104.82%0.29%4.3%0.33%
20113.42%-1.40%3.02%-1.28%
20124.67%1.25%4.42%1.40%
20133.53%-1.14%3.33%-1.09%
20146.01%2.48%5.7%2.37%
20153.98%-2.03%3.42%-2.28%
20160.43%-3.55%-0.47%-3.89%
20178.98%8.55%7.73%8.20%
20187.62%-1.36%6.4%-1.33%
20196.66%-0.96%5.45%-0.95%
2020-2.37%-9.03%-4.09%-9.54%
20214.84%7.21%2.44%6.53%
20225.63%0.79%3.86%1.42%
20231.95%-3.68%0.8%-3.06%