Nepal - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Nepal including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Nepal economy.


MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 115.79
113 114 114 115 116
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 6.30
percent
4.9 4.9 5.3 5.3 5.5
GDP 24.47
USD Billion
25.1 25.1 26 26 27.2
GDP per capita 728.40
USD
735 735 775 775 800
GDP per capita PPP 2442.80
USD
2500 2500 2620 2620 2690
Gross Fixed Capital Formation 271870.00
NPR Million
246474 285192 286279 286279 316824
GDP Constant Prices 881798.30
Million Rupees
870269 925006 928534 928534 1027604
GDP From Agriculture 254673.10
NPR Million
260080 267152 268171 268171 296783
GDP From Construction 50878.40
NPR Million
48241 53371 53575 53575 59291
GDP From Manufacturing 52408.00
NPR Million
50887 54976 55186 55186 61074
GDP From Mining 3949.00
NPR Million
3750 4143 4158 4158 4602
GDP From Public Administration 16560.00
NPR Million
15854 17371 17438 17438 19298
GDP From Services 112493.00
NPR Million
108206 118005 118455 118455 131094
GDP From Transport 85785.00
NPR Million
85372 89988 90332 90332 99970
GDP From Utilities 18070.00
NPR Million
17912 18955 19028 19028 21058
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.20
percent
3.3 3.3 3.5 3.5 3.6
Population 29.30
Million
29.5 29.5 29.8 29.8 30.5
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 4.60
percent
6.3 5.5 6.5 6.3 6.3
Import Prices 112.80
Index Points
113 111 112 112 113
Export Prices 163.40
Index Points
163 164 164 164 164
Food Inflation 3.90
percent
2.1 2.4 2.6 2.2 3.4
Consumer Price Index Cpi 121.30
Index Points
127 127 127 128 143
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 7.00
percent
7 7 7 7 7
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -102619.00
Million NPR
-87600 -89000 -89900 -90750 -91900
Exports 6316.10
Million NPR
8000 8500 8100 7850 9100
Imports 108935.20
Million NPR
95600 97500 98000 98600 101000
Current Account -74890.60
Million Rupees
-47500 -52000 -53300 -55400 -57000
Current Account to GDP -0.40
percent
-3.4 -3.4 -3.1 -3.1 -2.8
Gold Reserves 6.40
Tonnes
6.4 6.4 6.44 6.44 6.49
Terms Of Trade 144.80
Index Points
145 147 147 147 145
Terrorism Index 4.39
4.38 4.38 4.35 4.35 4.31
Foreign Direct Investment 13503.90
NPR Million
12160 12160 11758 11758 11000
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 26.80
percent
27.5 27.5 28.3 25 28.5
Government Budget -6.40
percent of GDP
-6.7 -6.7 -6.2 -6.2 -6.1
Military Expenditure 359.50
USD Million
347 347 358 358 393
Government Spending 101188.00
NPR Million
97016 106146 106551 106551 117919
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 3368.69
KBps
3308 3349 3374 3384 3492
IP Addresses 181620.00
IP
205919 181299 203647 183742 194980
Ease of Doing Business 105.00
108 108 107 107 109
Changes In Inventories 311052.00
NPR Million
390000 390000 450000 450000 510000
Competitiveness Index 4.02
Points
4.02 4.02 4.14 4.14 4.21
Competitiveness Rank 88.00
88 88 86 86 87
Corruption Index 31.00
Points
30 30 31 31 32
Corruption Rank 122.00
121 121 125 125 123
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 678045.11
Million Rupees
695127 711269 713982 713982 790160
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Home Ownership Rate 85.26
percent
83 83 82 82 80
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Sales Tax Rate 13.00
percent
13 13 13 13 13
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 21.19
celsius
20.21 11.08 8.65 15.62 15.17