Nepal GDP Growth Rate (2026)
Nepal has a developing South Asian economy supported by agriculture, services, remittances, tourism, and domestic consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+3.0%
Annual real GDP growth
World Rank
#97
Out of 195 countries
Change vs 2025
-1.6 pp
2025: +4.6%
Asia Rank
#33
Out of 49 countries
1. Nepal GDP Growth Rate in 2026
Nepalese economic growth is influenced by remittances, agriculture, tourism, construction, and household demand. Weather conditions and infrastructure availability remain especially important.
2. Nepal GDP Growth Rate Trends (1980–2026)
Nepal’s growth history has been shaped by agriculture, migration, remittance inflows, tourism, and gradual infrastructure development. Natural disasters have periodically disrupted performance.
3. Nepal GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +3.0% | -1.6 pp |
| 2025 | +4.6% | +0.9 pp |
| 2024 | +3.7% | +1.7 pp |
| 2023 | +2.0% | -3.6 pp |
| 2022 | +5.6% | +0.8 pp |
| 2021 | +4.8% | +7.2 pp |
| 2020 | -2.4% | -9.1 pp |
| 2019 | +6.7% | -0.9 pp |
| 2018 | +7.6% | -1.4 pp |
| 2017 | +9.0% | +8.6 pp |
| 2016 | +0.4% | -3.6 pp |
| 2015 | +4.0% | -2.0 pp |
| 2014 | +6.0% | +2.5 pp |
| 2013 | +3.5% | -1.2 pp |
| 2012 | +4.7% | +1.3 pp |
| 2011 | +3.4% | -1.4 pp |
| 2010 | +4.8% | +0.3 pp |
| 2009 | +4.5% | -1.6 pp |
| 2008 | +6.1% | +2.7 pp |
| 2007 | +3.4% | 0.0 pp |
| 2006 | +3.4% | -0.1 pp |
| 2005 | +3.5% | -1.2 pp |
| 2004 | +4.7% | +0.8 pp |
| 2003 | +3.9% | +3.8 pp |
| 2002 | +0.1% | -5.5 pp |
| 2001 | +5.6% | -0.5 pp |
| 2000 | +6.1% | +1.6 pp |
| 1999 | +4.5% | +1.6 pp |
| 1998 | +2.9% | -2.4 pp |
| 1997 | +5.3% | 0.0 pp |
| 1996 | +5.3% | +1.8 pp |
| 1995 | +3.5% | -4.7 pp |
| 1994 | +8.2% | +4.4 pp |
| 1993 | +3.8% | -0.3 pp |
| 1992 | +4.1% | -2.3 pp |
| 1991 | +6.4% | +1.8 pp |
| 1990 | +4.6% | +0.3 pp |
| 1989 | +4.3% | -3.4 pp |
| 1988 | +7.7% | +6.0 pp |
| 1987 | +1.7% | -2.9 pp |
| 1986 | +4.6% | -1.5 pp |
| 1985 | +6.1% | -3.6 pp |
| 1984 | +9.7% | +12.7 pp |
| 1983 | -3.0% | -6.8 pp |
| 1982 | +3.8% | -4.5 pp |
| 1981 | +8.3% | +10.6 pp |
| 1980 | -2.3% | — |
4. Nepal GDP Growth Performance
Current Growth Rate
+3.0%
(2026 to 2026)
5-Year Average
+3.8%
(2022 to 2026)
10-Year Average
+4.5%
(2017 to 2026)
20-Year Average
+4.3%
(2007 to 2026)
The economy benefits from strong remittance inflows and tourism potential, but weak infrastructure and limited industrial capacity constrain faster expansion.
5. Nepal GDP Growth Rate vs Asia and World
Nepal
+3.0%
Asia Average
+2.4%
World Average
+2.8%
0.0%
1.5%
3.0%
Annual real GDP growth (%)
Nepal’s GDP growth rate is approximately
0.6 pp
above the
Asia average
and
0.1 pp
above the world average.
6. Nepal GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #29 | North Korea | +3.1% |
| #30 | Maldives | +3.0% |
| #31 | Afghanistan | +3.0% |
| #32 | Myanmar | +3.0% |
| #33 | Nepal | +3.0% |
| #34 | Cyprus | +3.0% |
| #35 | Jordan | +2.8% |
| #36 | Brunei | +2.6% |
| #37 | Turkmenistan | +2.6% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Nepal
Nepal GDP (Nominal)
$45.8 Billion
(2026)
Nepal GDP Growth Rate
+3.0%
(2026)
Nepal generally grows faster than mature economies but can lag behind stronger South Asian peers because of structural bottlenecks. Domestic demand remains heavily supported by remittances.
Explore more:
Nepal GDP
9. Nepal GDP Growth Rate Forecast
The outlook depends on tourism, remittances, infrastructure, agriculture, and investment. Political uncertainty, climate risks, and weak productivity remain important challenges.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +4.6% | +1.6 pp |
| 2028 | +5.3% | +0.7 pp |
| 2029 | +5.1% | -0.2 pp |
| 2030 | +5.0% | -0.1 pp |
10. Nepal GDP Growth Rate: Key Findings
Nepal GDP growth rate is estimated at +3.0% in 2026.
It ranks #97 globally and #33 in Asia by annual GDP growth rate.
The growth rate slowed by 1.6 percentage points compared with 2025.
The 5-year average GDP growth rate is +3.8%.
The 10-year average GDP growth rate is +4.5%.
The current rate is 0.6 percentage points above the Asia average.
The current rate is 0.1 percentage points above the world average.
The forecast GDP growth rate is +5.0% in 2030, 2.0 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Nepal GDP Growth Rate FAQs
Nepal GDP growth rate is estimated at +3.0% in 2026.
Nepal ranks #97 globally and #33 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.0% in 2026.
Nepal GDP growth rate was +4.0% in 2015.
Nepal GDP growth rate is 0.6 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.