Worlddata.info

Indicators of economy in Nepal

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Nepal, on the other hand, reached USD 1.223 per capita, or 36.29 billion USD in the whole country. Nepal is therefore currently ranked 98 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Nepal is in the list of the world's richest countries in place 144.

Inflation in Nepal was in 2021 at around 4.09%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 71.9% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Nepal

Impact of the Covid-19 pandemic

Overall, the gross domestic product in Nepal in 2020 decreased moderatly from 34.19 billion US Dollar to 33.43 billion US Dollar. Certainly, there have been shifts in some sectors of the economy, but a minus of 2.2% is still comparatively good this year. Numerous countries suffered more substantial losses. The tourism sector alone slumped by around 70 percent. The unemployment rate rose from 3.1 to 4.7 percent. The inflation rate has fallen from 5.6 percent previously to 5.1 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Nepal
Total
Nepal
per capita
EU
Total
EU
per capita
GDP36.29 bn USD1,222.88 USD17,088.62 tn USD33,228.68 USD
Gross national product36.59 bn USD1,233.06 USD16,776.12 tn USD32,621.03 USD


Development of the Gross domestic product in billion US Dollar 1960 - 2021



Im- and Exports 2021

 Nepal
Total
Nepal
per capita
EU
Total
EU
per capita
Imports16.96 bn USD571.44 USD8,916.24 bn USD17,337.55 USD
Exports2.50 bn USD84.08 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in billions of USD 1976 - 2021

Exports
Imports



Nepal: AirportsLargest airports and airlines in NepalThe 22 biggest airports and 5 airlines in Nepal with further information and data
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.
United States: EarthquakeRecent earthquakes and their magnitudes in the United StatesEarthquakes and their intensities in the United States