The Economy

Nepal's economy in the numbers that decide its future — growth, jobs, remittance dependence, inflation and poverty. Each shown against where it stands today, its 2040 target, and the neighbours.

$1,550

GDP per capita

imf.org · 2026

20.3%

Poverty rate

risingnepaldaily.com · 2023

33.1%

Remittances (% of GDP)

nepalnews.com · 2026

3.9%

GDP growth rate

World Bank · 2023

Economic indicators

Current value, 2040 target, and the region.

GDP per capita

GDP per person shows the average economic output per citizen. Nepal's GDP per capita was around $1,447 in 2024 (World Bank). Upper-middle income threshold is $4,516.

$1,550

as of 2026

2040 target $3,000

Poverty rate

Population living below the national poverty line. Nepal has made significant progress — from 42% in 1996 to under 18% in 2023 — but much remains.

20.3%

as of 2023

2040 target 8%

Remittances (% of GDP)

Remittances as percentage of GDP. Nepal's extreme dependence (~25-27% of GDP) shows the economy has not created enough domestic employment. Reducing this means Nepal is producing more at home.

33.1%

as of 2026

2040 target 12%

GDP growth rate

Annual GDP growth rate. Nepal needs sustained 6-7% growth to reach middle-income status by 2040.

3.9%

as of 2023

2040 target 6%

Figures are the latest published values from the World Bank, Nepal Rastra Bank and the CBS. Every indicator is tracked against Nepal's 2040 development targets in the Future Index.

Full Future Index