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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 115.07
117 118 118 119 121
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 6.30
percent
6.5 5.3 5.3 5.3 5.5
GDP 24.47
USD Billion
25.1 26 26 26 27.2
GDP per capita 728.40
USD
735 775 775 775 800
GDP per capita PPP 2442.80
USD
2500 2620 2620 2620 2690
Gross Fixed Capital Formation 271870.00
NPR Million
289542 286279 286279 286279 321656
GDP Constant Prices 881798.30
Million Rupees
939115 928534 928534 928534 1043277
GDP From Agriculture 254673.10
NPR Million
271227 268171 268171 268171 301310
GDP From Construction 50878.40
NPR Million
54185 53575 53575 53575 60195
GDP From Manufacturing 52408.00
NPR Million
55815 55186 55186 55186 62005
GDP From Mining 3949.00
NPR Million
4206 4158 4158 4158 4672
GDP From Public Administration 16560.00
NPR Million
17636 17438 17438 17438 19593
GDP From Services 112493.00
NPR Million
119805 118455 118455 118455 133093
GDP From Transport 85785.00
NPR Million
91361 90332 90332 90332 101494
GDP From Utilities 18070.00
NPR Million
19245 19028 19028 19028 21379
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 3.20
percent
3.3 3.5 3.5 3.5 3.6
Population 29.30
Million
29.5 29.8 29.8 29.8 30.5
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 3.90
percent
4.7 6.5 6.3 5.7 6.3
Import Prices 115.60
Index Points
111 112 112 112 113
Export Prices 170.20
Index Points
164 164 164 164 164
Food Inflation 1.40
percent
2.4 2.6 2.2 2.7 3.4
Consumer Price Index Cpi 124.00
Index Points
126 127 128 131 141
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 6.50
percent
6.5 6.5 6.5 6.5 7
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -113688.70
Million NPR
-89000 -89900 -90750 -90700 -91900
Exports 6921.50
Million NPR
8500 8100 7850 8200 9100
Imports 120610.20
Million NPR
97500 98000 98600 98900 101000
Current Account -74890.60
Million Rupees
-52000 -53300 -55400 -56100 -57000
Current Account to GDP -0.40
percent
-8 -6.5 -6.5 -6.5 -2.8
Gold Reserves 6.12
Tonnes
6.4 6.44 6.44 6.44 6.49
Terms Of Trade 147.30
Index Points
147 147 147 146 145
Terrorism Index 4.39
4.38 4.35 4.39 4.35 4.31
Foreign Direct Investment 13503.90
NPR Million
12160 11758 11758 11758 11000
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 26.80
percent
27.5 28.3 25 28.3 28.5
Government Budget -6.40
percent of GDP
-6.7 -6.2 -6.2 -6.2 -6.4
Military Expenditure 359.50
USD Million
347 358 358 358 393
Government Spending 101188.00
NPR Million
107765 106551 106551 106551 119718
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 3368.69
KBps
3349 3374 3384 3398 3492
IP Addresses 181620.00
IP
181299 203647 183742 200313 194980
Ease of Doing Business 110.00
108 107 107 107 109
Changes In Inventories 311052.00
NPR Million
390000 450000 450000 450000 510000
Competitiveness Index 50.79
Points
51.29 51.29 51.29 51.29 53.79
Competitiveness Rank 109.00
109 109 109 109 109
Corruption Index 31.00
Points
31 31 31 31 31
Corruption Rank 122.00
122 122 122 122 122
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Spending 678045.11
Million Rupees
722118 713982 713982 713982 802212
HOUSING Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Home Ownership Rate 85.26
percent
83 82 82 82 80
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Sales Tax Rate 13.00
percent
13 13 13 13 13
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 21.19
celsius
11.08 8.65 15.62 14.96 15.17



Nepal - Economic Forecasts - 2018-2020 Outlook