Nepal GDP

Gross Domestic Product in current US dollars

GDP (2024)

🌐World Bank WDI

$44,200

4.9% YoY

Nepal GDP (current US$)

current USD

🌐World Bank WDIUpdated: Apr 1, 2025

Event Markers

earthquakeApr 2015

2015 Gorkha Earthquake

7.8 Mw Gorkha earthquake killed ~9,000 people, injured 22,000, and caused an estimated $7–10B in economic damage — roughly one-third of Nepal's GDP. Reconstruction needs reshaped public debt and external financing flows for multiple years.

pandemicJan 2020

COVID-19 Enters Nepal

Nepal confirmed its first COVID-19 case in January 2020 (a student returning from Wuhan). Nationwide lockdowns in March–July 2020 caused GDP growth to fall to around 2% in FY2019/20 and turn slightly negative in FY2020/21. Remittances showed initial sharp decline then partial recovery as migrant workers adapted.

budgetMay 2025

MoF Budget and Economic Survey 2025/26

Ministry of Finance presented the annual budget and Economic Survey for FY2025/26, outlining revenue targets, expenditure plans, debt ceiling, and GDP growth assumptions. The Economic Survey provides the government's official macro baseline.

Source: World Bank WDI NY.GDP.MKTP.CD. Values in millions USD. 2024 is a preliminary estimate.