Nepal | Economic Forecasts | 2017-2020 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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 103.30 101 99.91 98.89 97.87 86.66 [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 7.50 6.7 6.7 5.2 5.2 4.5 percent [+]
GDP 21.14 23 23 23 24 26 USD Billion [+]
GDP per capita 682.20 704 705 711 717 743 USD [+]
GDP per capita PPP 2287.70 2346 2343 2361 2378 2469 USD [+]
Gross Fixed Capital Formation 207263.00 182910 181899 187375 192852 193726 NPR Million [+]
GDP Constant Prices 825048.86 822842 832741 837019 841297 876556 Million Rupees [+]
GDP From Agriculture 247691.48 250675 252469 252877 253285 269020 NPR Million [+]
GDP From Construction 45672.00 45657 46541 45967 45393 47535 NPR Million [+]
GDP From Manufacturing 48510.00 47878 48776 47873 46970 47102 NPR Million [+]
GDP From Mining 3401.00 3457 3500 3499 3499 3745 NPR Million [+]
GDP From Public Administration 15193.00 15406 15652 15841 16030 17520 NPR Million [+]
GDP From Services 102898.00 99900 101435 100783 100131 96844 NPR Million [+]
GDP From Transport 81273.00 82610 83802 84417 85031 90184 NPR Million [+]
GDP From Utilities 16037.00 16039 16388 16394 16400 17064 NPR Million [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 3.20 3.3 3.3 3.5 3.5 3.8 percent [+]
Population 28.98 29.21 29.29 29.36 29.44 30.16 Million [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 3.40 4.6 4.9 5.1 5.3 6.3 percent [+]
Import Prices 103.60 103 103 103 103 103 Index Points [+]
Export Prices 158.00 157 157 156 156 153 Index Points [+]
Food Inflation 0.20 -0.31 7.8 -0.26 -0.28 6.5 percent [+]
Consumer Price Index Cpi 116.10 115 115 115 115 115 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 7.00 7 7 7 7 6 percent [+]
Deposit Interest Rate 3.63 3.73 4.14 4.12 4.09 4.12 percent [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -76456.90 -69475 -70731 -70725 -70609 -70630 Million NPR [+]
Exports 5808.80 6137 6158 6163 6164 6164 Million NPR [+]
Imports 82265.60 82627 82784 82667 82647 82657 Million NPR [+]
Current Account 896.00 13007 11294 12303 11727 13815 Million Rupees [+]
Current Account to GDP 6.20 4.1 4.1 3.7 3.7 2.8 percent [+]
Gold Reserves 6.43 6.19 6.21 6.23 6.24 6.31 Tonnes [+]
Terms Of Trade 152.50 151 150 149 149 148 Index Points [+]
Terrorism Index 4.42 4.8 4.72 4.71 4.69 5.05 [+]
Foreign Direct Investment 5920.90 5894 6189 5952 5716 3942 NPR Million [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 27.40 28 28 30 30 22 percent [+]
Government Budget -1.70 -3.22 -3.41 -3.36 -3.31 -3.13 percent of GDP [+]
Military Expenditure 303.80 307 307 308 309 305 USD Million [+]
Government Spending 93990.00 94355 96919 97651 98383 105704 NPR Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Ease of Doing Business 107.00 112 115 113 111 113 [+]
Changes In Inventories 240335.00 233797 238072 242570 247069 263171 NPR Million [+]
Competitiveness Index 3.87 3.88 3.88 3.88 3.88 3.9 Points [+]
Competitiveness Rank 98.00 98 98 97 97 95 [+]
Corruption Index 29.00 31 33 33 33 30 Points [+]
Corruption Rank 131.00 131 131 131 131 131 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Spending 671544.54 674822 677845 682126 686407 741863 Million Rupees [+]
HOUSING Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Home Ownership Rate 85.26 85.08 85.01 84.94 84.88 83.67 percent [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Sales Tax Rate 13.00 13 13 13 13 13 percent [+]