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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 110.14
111 112 114 115 120
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 6.30
percent
2.75 5.2 2.47 2.95 4.5
GDP 24.47
USD Billion
25.1 25.1 26 26 27.2
GDP per capita 728.40
USD
735 735 775 775 800
GDP per capita PPP 2442.80
USD
2500 2500 2620 2620 2690
Gross Fixed Capital Formation 271870.00
NPR Million
241422 286007 278585 279890 311729
GDP Constant Prices 881798.30
Million Rupees
852432 927652 903579 907811 1011080
GDP From Agriculture 254673.10
NPR Million
254749 267916 260964 262186 292011
GDP From Construction 50878.40
NPR Million
47252 53524 52135 52379 58338
GDP From Manufacturing 52408.00
NPR Million
49844 55133 53702 53954 60092
GDP From Mining 3949.00
NPR Million
3673 4154 4047 4065 4528
GDP From Public Administration 16560.00
NPR Million
15529 17421 16969 17049 18988
GDP From Services 112493.00
NPR Million
105989 118343 115272 115812 128986
GDP From Transport 85785.00
NPR Million
83622 90246 87904 88316 98362
GDP From Utilities 18070.00
NPR Million
17545 19010 18516 18603 20719
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.20
percent
3.27 3.5 3.22 3.15 3.8
Population 29.30
Million
29.52 29.6 29.68 29.75 30.5
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 4.10
percent
6.3 6.1 6.5 6.3 6.3
Import Prices 112.80
Index Points
112 112 112 112 112
Export Prices 163.40
Index Points
162 162 162 162 162
Food Inflation 3.20
percent
2.1 2.4 2.6 2.2 3.4
Consumer Price Index Cpi 120.00
Index Points
127 127 127 128 144
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 7.00
percent
7 7 7 7 6
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -95131.10
Million NPR
-88968 -88880 -88849 -88864 -88864
Exports 7444.10
Million NPR
6648 6656 6657 6657 6657
Imports 102575.20
Million NPR
95616 95552 95506 95521 95521
Current Account -73627.60
Million Rupees
-47506 -52009 -56346 -51473 -51382
Current Account to GDP -0.40
percent
3.7 3.7 3.5 3.5 2.8
Gold Reserves 6.40
Tonnes
6.42 6.44 6.45 6.46 6.5
Terms Of Trade 144.80
Index Points
145 145 145 145 145
Terrorism Index 4.39
4.51 4.53 4.44 4.35 4.02
Foreign Direct Investment 13503.90
NPR Million
12164 12917 12531 12145 5030
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 26.80
percent
30 30 25 25 22
Government Budget -6.40
percent of GDP
-4.22 -4.48 -4.92 -5.36 -6.1
Military Expenditure 359.50
USD Million
375 388 386 383 393
Government Spending 101188.00
NPR Million
95027 106450 103687 104173 116023
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 3368.69
KBps
3308 3349 3374 3384 3492
IP Addresses 181620.00
IP
205919 181299 203647 183742 194980
Ease of Doing Business 105.00
111 112 113 114 116
Changes In Inventories 311052.00
NPR Million
349117 373592 384473 395355 489275
Competitiveness Index 4.02
Points
3.92 3.92 3.96 3.98 3.93
Competitiveness Rank 88.00
93 93 95 96 103
Corruption Index 31.00
Points
31 31 31 30 30
Corruption Rank 122.00
121 121 121 121 123
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 678045.11
Million Rupees
680880 713303 694793 698047 777454
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Home Ownership Rate 85.26
percent
85.03 84.96 84.88 84.81 82.26
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Sales Tax Rate 13.00
percent
13 13 13 13 13
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 21.19
celsius
20.21 11.08 8.65 15.62 15.17