Nepal's manufacturing, value added (constant LCU) was 129.25 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 27.77% from 101.15 billion in 2015 (2.48% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 129.25 billion | 2025 |
| Five years earlier | 113.17 billion | 2020 |
| Ten years earlier | 101.15 billion | 2015 |
| Highest | 131.21 billion | 2022 |
| Lowest | 10.98 billion | 1973 |
| Average since 2016 | 119.16 billion | 2016–2025 |
| First recorded | 10.98 billion |
What the numbers say
In 2025, Nepal's manufacturing, value added (constant LCU) rose 2.3% on 2024 (from 126.37 billion to 129.25 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +3% and a typical year strayed about 5.6% from that (the standard deviation). This year's change was 0.1 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 32% in 1992 and the biggest yearly fall was 9.5% in 2016. 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 3.43 billion a year. A straight line explains 70% 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.
How it compares
In 2025, Nepal had the 67th highest value of the 136 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
- Spain — 64th of 136: 156.67 billion
- Australia — 65th of 136: 140.95 billion
- Kyrgyz Republic — 66th of 136: 129.99 billion
- Albania — 68th of 136: 128.81 billion
- Singapore — 69th of 136: 125.05 billion
- Guinea-Bissau — 70th of 136: 114.48 billion
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 53 values
| Year | Manufacturing, value added (constant LCU) |
|---|---|
| 2025 | 129,249,258,785 |
| 2024 | 126,374,446,221 |
| 2023 | 128,978,606,470 |
| 2022 | 131,208,865,688 |
| 2021 | 122,968,254,036 |
| 2020 | 113,170,664,700 |
| 2019 | 124,403,022,100 |
| 2018 | 116,785,493,000 |
| 2017 | 106,939,868,700 |
| 2016 | 91,536,960,100 |
Manufacturing, value added (constant LCU) in nearby economies
- Bangladesh — 8.43 trillion (2025)
- Bhutan — 10.07 billion (2024)
- India — 47.84 trillion (2025)
- Maldives — 1.83 billion (2025)
- Sri Lanka — 2.17 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
Questions people ask
- What is Nepal's manufacturing, value added (constant LCU)?
- 129.25 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1973?
- It is up 1,078% from 10.98 billion in 1973 (4.86% a year on average, compounded). The highest value was 131.21 billion in 2022 and the lowest 10.98 billion in 1973.
- How does Nepal rank?
- 67th highest of 136 economies with data for 2025.
- Is the latest change in manufacturing, value added (constant LCU) unusual for Nepal?
- In 2025, Nepal's manufacturing, value added (constant LCU) rose 2.3% on 2024 (from 126.37 billion to 129.25 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +3% and a typical year strayed about 5.6% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NV.IND.MANF.KN, 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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