Nepal Real GDPNepal Real GDPNepal Real GDP

Nepal Real GDP

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Key data points


Last release
Observation period
2024
Next release
Forecast
Highest
‪2.80 T‬NPR on Dec 31, 2024
Lowest
‪1.56 T‬NPR on Dec 31, 2010

About Nepal Real GDP


Category
GDP
Frequency
Annual
Units
NPR

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
In 2024 Nepal Real GDP was 2.8 T NPR, and the year before it reached 2.67 T NPR.