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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 103.45 104 106 109 108 124 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 7.50 6.7 6.7 6.7 5.2 4.5 percent [+]
GDP 21.20 20 21.63 20.8 22.13 23.3 USD Billion [+]
GDP per capita 689.50 1027 1031 1034 1109 2367 USD [+]
GDP per capita PPP 2312.39 2352 2363 2374 2390 2612 USD [+]
Gross Fixed Capital Formation 207263.00 183922 182910 181899 187375 193726 NPR Million [+]
GDP Constant Prices 825048.86 812943 822842 832741 837019 876556 Million Rupees [+]
GDP From Agriculture 247691.48 248881 250675 252469 252877 269020 NPR Million [+]
GDP From Construction 45672.00 44773 45657 46541 45967 47535 NPR Million [+]
GDP From Manufacturing 48510.00 46980 47878 48776 47873 47102 NPR Million [+]
GDP From Mining 3401.00 3415 3457 3500 3499 3745 NPR Million [+]
GDP From Public Administration 15193.00 15159 15406 15652 15841 17520 NPR Million [+]
GDP From Services 102898.00 98365 99900 101435 100783 96844 NPR Million [+]
GDP From Transport 81273.00 81419 82610 83802 84417 90184 NPR Million [+]
GDP From Utilities 16037.00 15690 16039 16388 16394 17064 NPR Million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 3.20 3.3 3.3 3.3 3.5 3.8 percent [+]
Population 28.51 28.68 28.77 28.85 28.94 30.31 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 3.80 5.3 5.8 6.2 6.6 6.3 percent [+]
Import Prices 104.70 103 103 103 103 103 Index Points [+]
Export Prices 160.20 164 165 168 169 186 Index Points [+]
Food Inflation 0.70 8.9 0.9 7.8 0.95 6.5 percent [+]
Consumer Price Index Cpi 116.10 115 115 115 115 115 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 7.00 7 7 7 7 6 percent [+]
Deposit Interest Rate 3.63 3.31 3.73 4.14 4.12 4.12 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -51969.00 -60756 -59728 -59296 -59391 -59436 Million NPR [+]
Exports 5641.20 6132 6124 6120 6120 6120 Million NPR [+]
Imports 81967.40 79312 79569 79588 79565 79568 Million NPR [+]
Current Account 896.00 8838 13007 11294 12303 13815 Million Rupees [+]
Current Account to GDP 6.20 4.15 4.46 4.76 4.47 3.5 percent [+]
Gold Reserves 6.12 6.22 6.26 6.28 6.3 6.41 Tonnes [+]
Terms Of Trade 153.00 153 152 151 151 150 Index Points [+]
Terrorism Index 4.42 4.87 4.8 4.72 4.71 5.05 [+]
Foreign Direct Investment 5920.90 5600 5894 6189 5952 3942 NPR Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 27.40 22 22 22 28.34 19 percent [+]
Government Budget -1.70 -3.03 -3.22 -3.41 -3.36 -3.13 percent of GDP [+]
Military Expenditure 299.90 304 302 299 300 303 USD Million [+]
Government Spending 93990.00 91791 94355 96919 97651 105704 NPR Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 107.00 108 112 115 113 113 [+]
Changes In Inventories 240335.00 229523 233797 238072 242570 263171 NPR Million [+]
Competitiveness Index 3.87 3.88 3.88 3.88 3.88 3.9 Points [+]
Competitiveness Rank 98.00 98 98 98 97 95 [+]
Corruption Index 29.00 30 31 33 33 30 Points [+]
Corruption Rank 131.00 130 131 131 131 131 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 671544.54 671799 674822 677845 682126 741863 Million Rupees [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Home Ownership Rate 85.26 85.15 85.08 85.01 84.94 83.67 percent [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 13.00 13 13 13 13 13 percent [+]