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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 109.47
105 106 108 109 114
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 6.30
percent
5.2 4.82 5.2 4 4.5
GDP 21.14
USD Billion
24 24 24 25 26
GDP per capita 682.20
USD
700 730 699 736 749
GDP per capita PPP 2287.70
USD
2326 2322 2317 2316 2307
Gross Fixed Capital Formation 271870.00
NPR Million
218041 217253 227853 215554 248344
GDP Constant Prices 825048.86
Million Rupees
867951 864816 907009 858051 988581
GDP From Agriculture 247691.48
NPR Million
260571 259630 272297 257599 296786
GDP From Construction 45672.00
NPR Million
48047 47873 50209 47499 54725
GDP From Manufacturing 52408.00
NPR Million
51033 50848 53329 50450 58125
GDP From Mining 3949.00
NPR Million
3578 3565 3739 3537 4075
GDP From Public Administration 16560.00
NPR Million
15983 15925 16702 15801 18204
GDP From Services 112493.00
NPR Million
108249 107858 113120 107014 123293
GDP From Transport 85785.00
NPR Million
85499 85190 89347 84524 97382
GDP From Utilities 18070.00
NPR Million
16871 16810 17630 16678 19216
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.20
percent
3.5 3.2 3.5 3.2 3.8
Population 28.98
Million
29.14 29.21 29.29 29.36 30.44
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 6.00
percent
5.3 6.3 6.1 6.5 6.3
Import Prices 111.10
Index Points
105 105 105 105 105
Export Prices 162.90
Index Points
161 154 162 156 158
Food Inflation -0.90
percent
1.9 2.1 2.4 2.6 3.4
Consumer Price Index Cpi 119.10
Index Points
122 127 127 128 144
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 7.00
percent
7 7 7 7 6
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -95131.10
Million NPR
-82277 -82308 -82359 -82351 -82409
Exports 7444.10
Million NPR
5624 5592 5568 5549 5491
Imports 102575.20
Million NPR
87900 87900 87900 87900 87900
Current Account -73627.60
Million Rupees
8012 9968 10081 11196 11597
Current Account to GDP -0.40
percent
3.7 3.7 3.7 3.5 2.8
Gold Reserves 6.40
Tonnes
6.43 6.45 6.47 6.48 6.55
Terms Of Trade 146.60
Index Points
153 147 153 149 151
Terrorism Index 4.39
4.48 4.51 4.53 4.44 4.02
Foreign Direct Investment 13503.90
NPR Million
13504 13504 13504 13504 13504
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 26.80
percent
30 30 30 25 22
Government Budget -6.40
percent of GDP
-6.4 -6.4 -6.4 -6.4 -6.4
Military Expenditure 359.50
USD Million
307 307 306 306 304
Government Spending 101188.00
NPR Million
98877 98520 103327 97750 112620
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 3368.69
KBps
3294 3308 3349 3374 3492
IP Addresses 181620.00
IP
179420 205919 181299 203647 194980
Ease of Doing Business 105.00
105 105 105 105 105
Changes In Inventories 311052.00
NPR Million
229523 233797 238072 242570 267643
Competitiveness Index 4.02
Points
3.94 3.94 3.94 3.94 3.94
Competitiveness Rank 88.00
93 93 93 93 93
Corruption Index 31.00
Points
31 31 31 31 31
Corruption Rank 122.00
124 122 121 121 124
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Spending 678045.11
Million Rupees
706465 703913 738256 698406 804651
HOUSING Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Home Ownership Rate 85.26
percent
85.11 85.03 84.96 84.88 82.26
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 13.00
percent
13 13 13 13 13
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 21.19
celsius
19.38 20.21 11.08 8.65 15.17