Important statistical facts about Nepalese Economy (Updated 2024)

 

Table: Important economic statistical facts of Nepal

Economic Indicators of Nepal	Value F.Y 2019/20	Value F.Y 2022/23
GDP at base Price (In Rs. Billion)	3,208.519	US$ 270 billion
Per Capita GNI (In US$)	1,097	US$ 1,220
GDP growth rate at the basic price (In percent)	2.27	4.25
Remittance Income (In Rs. Billion)	879	Rs. 378.04 billion
Remittance income as a percent of GDP	25.4	23%
Contribution of agriculture to GDP in Percent	27.5	23.95%
Contribution of the industrial sector in percent	14.6	14.29
Rate of Inflation in Percent	4.6	7.26
Hydroelectricity generation in MW	1,233	1,480
Population living below the poverty line in %	16.67	17.4
The population Growth rate in Percent	1.35	0.93
HDI value	0.579	0.654
HDI rank of Nepal in the world	147th	143rd
Area covered by forest in percent	40.4	44.0

Source: Economic Survey, 2022/23