np Nepal 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$40.91 billion

↓ 0.67% vs 2022
GDP per Capita

$1,377.63

↓ 0.60% vs 2022
GDP Growth (Annual %)

1.95%

↓ 3.68pp vs 2022
Inflation Rate (CPI %)

7.11%

↓ 0.54pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $41.18 billion $40.91 billion -0.67%
GDP per Capita $1,385.91 $1,377.63 -0.60%
GDP Growth (Annual %) 5.63% 1.95% -3.68pp
Inflation (CPI %) 7.65% 7.11% -0.54pp
Unemployment Rate (%) 10.84% 10.63% -0.22pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$40.91 billion
GDP per Capita
$1,377.63
GDP Growth (Annual %)
1.95%
Gross National Income
$41.39 billion
Prices & Employment
Inflation (CPI %)
7.11%
Inflation (GDP Deflator %)
5.42%
Unemployment Rate (%)
10.63%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
0.36%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Nepal's Gross Domestic Product (GDP) is $40.91 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Nepal for 2023 is $1,377.63. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Nepal for 2023 is 7.11%. This measures the annual percentage change in the cost of consumer goods and services.

Nepal's annual GDP growth rate for 2023 is 1.95%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Nepal for 2023 is 10.63%. This represents the percentage of the labor force that is unemployed and actively seeking employment.