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Nepal's Economy At a Glance

Updated as on May, 2018

 
KEY ECONOMIC INDICATORS - Nepal Rastra Bank
Indicator Unit 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 P
I. Real Sector                            
Per Capita GDP US$ 328 350 410 491 497 610 714 702 708 725 766 746 853
Real GDP Growth (at producers price) % 3.5 3.4 3.4 6.1 4.5 4.8 3.4 4.8 4.1 6 3.3 0.4 7.5
GDP (Market Price) Billion US$ 8.3 9.0 10.3 12.5 12.9 16.0 18.9 18.9 19.2 20 21.31 21.13 24.47
Agriculture % of GDP 35.2 33.6 32.5 31.7 33.0 35.4 37.1 35.2 33.9 32.6 31.8 31.7 30.0
Industry % of GDP 17.1 16.7 16.6 16.8 15.9 15.1 14.9 15.0 15.2 14.9 14.9 14 14.0
Services % of GDP 47.7 49.7 50.9 51.5 51.2 49.5 48.0 49.8 51.0 51.5 53.3 54.3 56.0
Investment % of GDP 26.5 26.9 28.7 30.3 31.7 38.3 38.0 34.5 37.0 41 39.1 33.7 42.5
National Savings % of GDP 28.4 29.0 28.6 33.2 35.9 35.9 37.0 39.5 40.7 45.7 43.9 40 43.8
Headline Inflation % 4.5 8.0 6.4 7.7 13.2 9.6 9.6 8.3 9.9 9.1 7.2 9.9 4.5
- Food Inflation % 4.0 7.8 7.2 10.1 16.7 15.1 14.7 7.7 9.6 11.6 9.6 10.9 1.9
- Non-Food Inflation % 5.1 8.1 5.5 5.1 9.5 4.9 5.4 9.0 10.0 6.8 5.2 9.2 6.5
II. Fiscal Sector                            
Revenue Collection Billion US$ 0.98 1.00 1.25 1.66 1.87 2.40 2.75 3.03 3.40 3.63 4.08 4.54 5.74
Fiscal Deficit (excluding grants) % of GDP -5.5 -5.9 -6.3 -6.59 -7.71 -6.69 -6.99 -6.19 -3.28 -2.58 -2.18 -2.7 -4.24
Fiscal Deficit (including grants) % of GDP -3.1 -3.8 -4.1 -4.10 -5.04 -3.45 -3.63 -1.50 -1.84 -0.71 -2.20 -2.2 -4.8
Public Debt* % of GDP 53.3 51.6 45.7 46.10 40.80 33.90 32.50 34.30 32.20 28.20 25.4 27.7 26.8
- of which foreign currency % of GDP 37.3 35.8 29.8 30.60 27.90 21.50 19.00 20.20 19.70 17.70 16.10 17.3 15.9
- domestic debt# % of GDP 16.1 15.9 15.9 15.40 15.00 12.40 13.50 14.00 12.50 10.50 9.2 10.40 10.9
- debt servicing^ % of total revenue 28.2 28.3 26.1 21.15 18.81 15.96 15.10 14.45 16.51 15.12 18.20 15.9 10.9
III. External Sector                            
Exports (f.o.b) Billion US$ 0.83 0.85 0.89 0.95 0.90 0.85 0.95 1.00 0.98 1.03 0.99 0.7 0.69
Imports (f.o.b.) Billion US$ 2.02 2.37 2.66 3.35 3.63 4.95 5.37 5.61 6.22 7.09 7.66 7.11 9.32
Trade Deficit Billion US$ -1.19 -1.52 -1.77 -2.40 -2.72 -4.09 -4.42 -4.60 -5.25 -6.33 -6.93 -6.61 -8.63
Remittances Billion US$ 0.91 1.35 1.42 2.19 2.73 3.13 3.51 4.41 4.93 5.53 6.2 6.25 6.55
Current Account Balance Billion US$ 0.16 0.20 0.05 0.36 5.39 -0.37 -0.18 0.91 0.63 0.91 1.09 1.32 -0.10
Current Account Balance % of GDP 1.91 2.27 0.45 3.02 4.19 -2.36 -0.94 4.50 3.40 4.57 5.11 6.24 -0.39
Total Foreign Investment Million US$ 1.89 -6.49 5.14 4.52 23.79 38.99 89.96 112.46 102.00 32.50 44.1 55.7 127.14
- Foreign Direct Investment Million US$ 1.89 -6.49 5.14 4.52 23.79 38.99 89.96 112.46 102.00 32.50 44.1 55.7 127.14
- Portfolio Investment Million US$ - - - - - - - - - - - - -
External Debt and Forex Liabilities Billion US$ NA NA NA NA NA NA NA NA NA NA NA NA NA
External Debt and Forex Liabilities % of forex earnings NA NA NA NA NA NA NA NA NA NA NA NA NA
Short-term debt to GDP % NA NA NA NA NA NA NA NA NA NA NA NA NA
External Debt Servicing Ratio   NA NA NA NA NA NA NA NA NA NA NA NA NA
Exchange Rate@ Per US$ 70.35 74.1 64.85 68.5 78.05 74.44 70.95 88.6 95 96.2 101.44 107.03 103.28
Foreign Exchange Reserves Billion US$ 1.85 2.23 2.55 2.64 3.67 3.61 3.83 4.96 5.61 6.94 8.15 9.74 10.16
IV. Monetary & Capital Market                            
Monetary **                            
Growth Rate of M1 y-o-y 6.6 14.2 12.2 21.6 27.3 11.1 4.8 18.6 14.4 17.7 19.7 18.5 13.1
Growth Rate of M2 y-o-y 8.3 15.6 14.0 25.2 27.3 16.7 12.2 22.7 16.4 19.1 19.9 19.5 15.5
Growth Rate of M3 y-o-y 7.9 15.7 13.9 25.0 29.4 15.3 11.6 22.3 16.7 18.4 19.8 19.4 13.9
Weighted Avg Lending Rate % NA NA NA NA NA NA NA 12.4 12.1 10.55 9.62 8.86 11.33
Credit growth to Private Sector y-o-y 14.2 14.4 12.3 24.3 29.0 17.9 13.9 11.3 20.2 18.7 19.8 23.7 18.2
Capital Market                            
Stock Market (Price Index)   286.7 386.8 683.9 963.4 749.1 477.7 362.9 389.7 518.3 1036.1 961.2 1718.2 1582.7
Market Capitalization (as leading stock mkt) Domestic Currency in Billion 61.4 96.8 186.3 366.2 512.9 376.9 323.5 368.3 514.5 1057.2 989.4 1890.13 1856.8
Market Capitalization (as leading stock mkt) % of GDP 10.4 14.8 25.6 44.9 51.9 31.6 23.7 24.1 30.4 54.4 46.6 84 71.4
Market Capitalization (as leading stock mkt) Billion US$ 0.856 1.344 2.654 5.658 6.698 5.077 4.489 4.563 5.869 10.793 9.939 16.05 17.48
V. Banking Sector Indicators                            
Capital adequacy ratio % NA NA NA NA 7.2 9.6 10.6 11.5 13.2 11.3 12.92 11.52 14.07
Non performing loans % NA NA NA NA 3.6 2.5 3.2 2.6 2.6 3.8 3.33 2.19 1.81
Profitability (R.O.E.) % NA NA NA NA NA NA NA 11.4 13.2 20.11 22.72 22.8 17.71
Profitability (R.O.A.) % NA NA NA NA NA NA NA 1.24 1.44 1.59 1.70 1.86 1.82
1. Fiscal year in Nepal starts at mid - July
2. Amount in Nepalese Rs. has been converted into US$ with the fiscal year's annual average exchange rate
3. Fiscal Sector Data from FY 2009/10 has been reported as per Government Finance Statistics Manual(IMF), 2001 that may not be consistent with previous reporting.
4. Foot Notes:
* = Includes both gross domestic and external borrowing
# = Gross domestic debt.
^ = Includes both domestc and external debt servicing.
@ = Represents the exchange rate of the last day of the fiscal year (middle of buying and selling)
** = Including consolidated balance sheet of 'B' and 'C' lass Financial Institutions since July 2011.
P= Provisional Figures
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