Skip to main content

Ministry of Finance · Government of Nepal

Current Economic Status Paper of Nepal

Baisakh 2083 (April–May 2026). A structured visual reader: chapter overview, expandable themes, and appendix-driven charts.

§1–75

Numbered paragraphs

4

Appendix tables

12

Themes on this page

2083

B.S. publication month

Key economic signals (latest available)

GDP growth

4.61%

FY 2081/82

CPI inflation

2.13%

8-mo avg 2082/83

Per-capita GDP

$1,496

FY 2081/82

Import cover

18.5 mo

Mid-Mar 2026

NPL ratio

5.42%

▲ Rising · Mid-Feb 2026

Remittances/GDP

28.2%

FY 2081/82

Nepal's global position · §1–7

Six credibility and development indices that shape Nepal's access to trade, aid, and investment.

Corruption Index

34/100

Rank 109 / 182 · 2025

Human Dev. Index

0.622

Rank 145 / 193 · 2025

Fitch credit rating

BB−

Stable outlook · 2025

FATF

Gray List

Since Feb 21, 2025

SDG progress

41.7%

vs targets · up to 2022

LDC graduation

Nov 2026

Eligible · Nov 24, 2026

Sources: Transparency International CPI 2025 · UNDP HDR 2025 · Fitch Ratings 2025 · FATF Feb 2025 · UN SDG Progress Review 2022 · UN LDC Secretariat. From §1–7 of the status paper.

Chapter index

Explore the paper by themes

Select a theme to expand it. Each card summarises the numbered paragraphs, explains what the numbers mean in plain language, and links to the appendix charts.

Minister's diagnosis · Foreword by Dr. Swarnim Wagle

“Nepal's main challenge is not just a lack of resources, but conceptual ambiguity, institutional weakness, and poor implementation. Not a lack of private entrepreneurship—but the policy and institutional structures that penalize entrepreneurship, which act as hurdles.”

— Baisakh 2083 · Ministry of Finance

Appendix data

Charts from the appendix tables

Four appendix tables from the status paper, visualised: Appendix 1 — growth & inflation; Appendix 2 — public finances & debt; Appendix 3 — monetary, banking & external sector; Appendix 4 — infrastructure & social indicators. Check the trend direction and scale, then read the theme cards above for interpretation.

Real sector (Appendix 1)

Sectoral growth, inflation & per-capita income

Sectoral growth (% YoY)

GDP growth vs. CPI inflation (%)

$888

2072/73

per capita GDP

$1,443

2080/81

per capita GDP

$1,496

2081/82

per capita GDP

$3,000

Target

per capita GDP

Context

What it shows: Three panels: grouped bars show all four sectors (GDP, agriculture, industry, services) by year; the area chart overlays GDP growth vs. CPI inflation; the stat row tracks per-capita income against the $3,000 target.

Why it matters: Sectoral breakdown shows which engine drove (or dragged) growth. The inflation–growth gap signals real purchasing-power changes. Per-capita income is the clearest living-standard number.

How to read: Watch for bars going negative (contraction). If inflation runs above GDP growth, real incomes are squeezed. Track per-capita vs. the dashed amber target box.

Source: Source: Appendix 1

Public finance (Appendix 2)

Spending mix, fiscal gap & public debt

Expenditure mix (% of total spending)

Revenue vs. expenditure (NPR bn)

−NPR 344.5bn

2080/81 fiscal gap

−NPR 233.4bn

2081/82 fiscal gap

−NPR 187.3bn

2082/83 Mid-Mar fiscal gap

Total public debt (NPR bn)

Context

What it shows: Three views: spending mix (% shares), revenue vs. expenditure area chart with per-period fiscal-gap callouts, and total public debt bar chart.

Why it matters: The mix shows if capital investment is crowded out. The fiscal gap shows borrowing pressure each period. Debt trend reveals whether the stock is growing faster than the economy.

How to read: Focus on the green capital share in the mix. In the area chart, the vertical gap = fiscal deficit. The debt bar should ideally slow relative to GDP growth.

Source: Source: Appendix 2

Monetary & external (Appendix 3)

NPL, reserves, credit & remittances

NPL ratio (%, loan quality)

Import cover (months of reserves)

Deposits & private credit (NPR bn)

Remittance & forex reserves (NPR bn)

Context

What it shows: Four panels from Appendix 3: NPL ratio (5% watch line), import cover (3-month minimum floor), deposits & private credit, and remittance & forex reserves.

Why it matters: NPL above 5% signals wider banking stress. Strong import cover buffers external shocks. Credit growth hints at economic momentum. Remittance is Nepal's largest single source of foreign exchange.

How to read: Red bar at/above the amber dashed line = NPL watch zone. Higher green bars = better reserves. Compare deposits vs. credit bars to eyeball the credit-deposit ratio trend.

Source: Source: Appendix 3

Infrastructure signals (Appendix 4)

Long-run trends with goal-post marker

Electricity generation (MW)

4,104+386%

Paved roads (km)

20,202+66%

Internet penetration (%)

144.23%+243%

Context

What it shows: Appendix 4 long-run infrastructure series. Electricity now shows the 15,000 MW goal as a dashed reference line so you can see how far the sector has come—and how far it still needs to go.

Why it matters: These are "capacity enablers": power and roads underpin production and services; connectivity supports modern service exports—if quality keeps pace with quantity.

How to read: Look at pace of change, not just levels. The filled area gives a visual sense of the trajectory. The electricity goal line shows the gap that still needs to be bridged.

Source: Source: Appendix 4 (selected rows)

Goal posts (para 75)

Per-capita GDP income

$1,496 (2081/82) / $3,000 target

49.9% of target

Electricity generation

4,104 MW (2024/25) / 15,000 MW target

27.4% of target

Economy size (GDP at market prices)

~$44.8B est. (2081/82) / $100B target

44.8% of target