Nepal GDP – Nominal and Per Capita 2024-25

Details

Nepal's economic size and per capita income as of FY 2024/25 (2081/82):

Nominal GDP: Approximately USD 49 billion (2025/26 estimates).
GDP per Capita (nominal): Approximately USD 1,496–1,512 (2025).
Real GDP Growth Rate: $4.0%$ in FY 2024/25 (at basic prices), up from $3.4%$ in FY 2023/24.
GDP Growth at Purchasers' Prices: $4.6%$.

Growth was driven primarily by the services sector (due to tourism recovery and remittance-led consumption), followed by agriculture and industry. Nepal's economy remains in the lower-middle-income group. The government targets around $6%$ to $7%$ growth annually in its periodic plans, but consistently faces challenges due to low capital expenditure utilization and structural constraints. Practise these concepts as timed MCQs to lock the pattern in.

Category

Economic Indicator

Fiscal Year

2082

Key Figure/Rate

GDP ~USD 49B, Per Capita ~USD 1,500