Nepal: Gross fixed capital formation (constant LCU)

Key figures

What the numbers say

In 2025, Nepal's gross fixed capital formation (constant LCU) fell 4.1% on 2024 (from 790.77 billion to 758.68 billion).

Across the 23 yearly changes before that (2002 to 2024), the average change was +5.5% and a typical year strayed about 8.3% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 23.1% in 2017 and the biggest yearly fall was 15.8% in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 20% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Nepal had the 51st highest value of the 123 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Nepal in the 2025 ranking

• Iceland — 48th of 123: 966.24 billion
• Ethiopia — 49th of 123: 873.06 billion
• Brazil — 50th of 123: 840.52 billion
• Germany — 52nd of 123: 700.76 billion
• Australia — 53rd of 123: 655.84 billion
• South Africa — 54th of 123: 646.55 billion

What this measures

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 25 values

Gross fixed capital formation (constant LCU) in nearby economies

• Bangladesh — 10.53 trillion (2025)
• Bhutan — 93.54 billion (2024)
• India — 103.31 trillion (2025)
• Maldives — 22.22 billion (2024)
• Sri Lanka — 3.47 trillion (2025)

More economic policy & debt data for Nepal

• Total reserves, including gold (current US$) — US$21.1 billion (2025)
• Total reserves, excluding gold (current US$) — US$19.98 billion (2025)
• Services, value added (current US$) — US$24.73 billion (2025)
• Services, value added (current LCU) — 3.37 trillion (2025)
• Services, value added (% of GDP) — 54.37% (2025)
• Gross Value Added (GVA) at basic prices (current US$) — US$40.02 billion (2025)
• Gross Value Added (GVA) at basic prices (current LCU) — 5.45 trillion (2025)
• GDP (current US$) — US$45.49 billion (2025)
• GDP (current LCU) — 6.2 trillion (2025)
• GDP (constant 2015 US$) — US$36.54 billion (2025)

Reading data like this

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Questions people ask

What is Nepal's gross fixed capital formation (constant LCU)?

758.68 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2001?

It is up 203.37% from 250.08 billion in 2001 (4.73% a year on average, compounded). The highest value was 904.14 billion in 2022 and the lowest 250.08 billion in 2001.

How does Nepal rank?

51st highest of 123 economies with data for 2025.

Is the latest change in gross fixed capital formation (constant LCU) unusual for Nepal?

In 2025, Nepal's gross fixed capital formation (constant LCU) fell 4.1% on 2024 (from 790.77 billion to 758.68 billion). Across the 23 yearly changes before that (2002 to 2024), the average change was +5.5% and a typical year strayed about 8.3% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NE.GDI.FTOT.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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