Nepal's gross national expenditure deflator (base year varies by country) was 224.67 in 2025, the latest year in the World Bank's World Development Indicators. That is up 67.76% from 133.93 in 2015 (5.31% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 224.67 | 2025 |
| Five years earlier | 171.34 | 2020 |
| Ten years earlier | 133.93 | 2015 |
| Highest | 224.67 | 2025 |
| Lowest | 41.41 | 2001 |
| Average since 2016 | 178.25 | 2016–2025 |
| First recorded | 41.41 | 2001 |
What the numbers say
In 2025, Nepal's gross national expenditure deflator (base year varies by country) rose 4.9% on 2024 (from 214.24 to 224.67).
Across the 23 yearly changes before that (2002 to 2024), the average change was +7.5% and a typical year strayed about 4.6% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 22.5% in 2011. 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 the straight-line trend is upward, about 9.14 a year. A straight line explains 96% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 243.81 for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 14.78, against 27.74 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Nepal had the 22nd highest value of the 122 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
- Gambia, The — 19th of 122: 245.81
- Guinea — 20th of 122: 243.91
- Congo, Rep. — 21st of 122: 227.08
- Egypt, Arab Rep. — 23rd of 122: 217.17
- Central African Republic — 24th of 122: 213.19
- Lesotho — 25th of 122: 198.99
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.
All 25 values
| Year | Gross national expenditure deflator (base year varies by country) |
|---|---|
| 2025 | 224.67 |
| 2024 | 214.24 |
| 2023 | 204.03 |
| 2022 | 186.57 |
| 2021 | 174.1 |
| 2020 | 171.34 |
| 2019 | 159.57 |
| 2018 | 154.53 |
| 2017 | 148.01 |
| 2016 | 145.45 |
| 2015 |
Gross national expenditure deflator (base year varies by country) in nearby economies
- Bangladesh — 163.08 (2025)
- Bhutan — 140.97 (2024)
- India — 109.09 (2025)
- Maldives — 125.47 (2024)
- Sri Lanka — 252.87 (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
Questions people ask
- What is Nepal's gross national expenditure deflator (base year varies by country)?
- 224.67 in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is up 442.52% from 41.41 in 2001 (7.3% a year on average, compounded). The highest value was 224.67 in 2025 and the lowest 41.41 in 2001.
Source
World Bank, World Development Indicators, indicator NE.DAB.DEFL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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