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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 104.06
104 106 108 110 120
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 7.50
percent
5.2 5.2 5.2 5.2 4.5
GDP 21.14
USD Billion
23 24 24 24 26
GDP per capita 682.20
USD
698 697 697 696 708
GDP per capita PPP 2287.70
USD
2331 2326 2322 2317 2307
Gross Fixed Capital Formation 207263.00
NPR Million
184934 183922 182910 181899 182188
GDP Constant Prices 825048.86
Million Rupees
803044 812943 822842 832741 876556
GDP From Agriculture 247691.48
NPR Million
243955 245685 247414 249144 255849
GDP From Construction 45672.00
NPR Million
43889 44773 45657 46541 44906
GDP From Manufacturing 48510.00
NPR Million
46082 46980 47878 48776 44219
GDP From Mining 3401.00
NPR Million
3338 3357 3375 3394 3363
GDP From Public Administration 15193.00
NPR Million
14912 15159 15406 15652 18078
GDP From Services 102898.00
NPR Million
96830 98365 99900 101435 93691
GDP From Transport 81273.00
NPR Million
80227 81419 82610 83802 91437
GDP From Utilities 16037.00
NPR Million
14662 15035 15407 15780 15359
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 3.20
percent
3.5 3.5 3.02 3.5 3.8
Population 28.98
Million
29.06 29.14 29.21 29.28 30.36
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 4.20
percent
5.1 5.3 6.3 6.1 6.3
Import Prices 106.10
Index Points
104 103 103 102 102
Export Prices 159.60
Index Points
156 154 153 152 149
Food Inflation -0.90
percent
1.5 1.9 2.1 2.4 3.4
Consumer Price Index Cpi 119.92
Index Points
120 119 118 117 121
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 7.00
percent
7 7 7 7 6
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -87804.90
Million NPR
-81385 -79918 -78489 -77099 -63106
Exports 5736.90
Million NPR
5665 5624 5592 5568 5491
Imports 93541.80
Million NPR
87642 86455 85294 84159 72329
Current Account 204.90
Million Rupees
1201 -310 1760 1164 2225
Current Account to GDP 6.20
percent
3.7 3.7 3.7 3.7 2.8
Gold Reserves 6.43
Tonnes
6.35 6.26 6.17 6.07 5.46
Terms Of Trade 150.10
Index Points
147 146 146 146 146
Terrorism Index 4.39
4.53 4.48 4.43 4.39 4.78
Foreign Direct Investment 5920.90
NPR Million
5305 5600 5894 6189 3851
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 27.40
percent
30 30 30 30 22
Government Budget -1.70
percent of GDP
-2.84 -3.03 -3.22 -3.41 -3.08
Military Expenditure 303.80
USD Million
302 307 311 315 300
Government Spending 93990.00
NPR Million
90932 92727 94523 96319 103703
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 3368.69
KBps
2840 2753 2693 2652 2246
IP Addresses 181620.00
IP
184825 187064 183827 184139 172796
Ease of Doing Business 105.00
109 110 111 112 116
Changes In Inventories 240335.00
NPR Million
220214 225899 231584 237270 224155
Competitiveness Index 4.02
Points
3.92 3.92 3.92 3.92 3.93
Competitiveness Rank 88.00
93 93 93 93 103
Corruption Index 29.00
Points
27 27 28 29 27
Corruption Rank 131.00
133 131 129 127 125
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 671544.54
Million Rupees
658964 660280 661597 662913 618627
HOUSING Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Home Ownership Rate 85.26
percent
85.18 85.11 85.03 84.96 82.56
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Sales Tax Rate 13.00
percent
13 13 13 13 13
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 21.19
celsius
8.63 19.38 20.21 11.08 15.17