Economy
Poverty rate
17.4%
Latest data: 2022
11
out of 100 — Early stage
+-2.1% per year
5-year average trend
What this means
Population living below the national poverty line. Nepal has made significant progress — from 42% in 1996 to under 18% in 2023 — but much remains.
Historical data & projections to 2040
1996–2022Current trend
9.49%
by 2040
Moderate reform (+25%)
8.12%
by 2040
Aggressive reform (+50%)
6.95%
by 2040
Stagnation (-50%)
12.88%
by 2040
Historical data
| Year | Value | Source |
|---|---|---|
| 2022 | 17.4% | World Bank Open Data |
| 2019 | 20.3% | World Bank Open Data |
| 2011 | 25.2% | World Bank Open Data |
| 2004 | 30.9% | World Bank Open Data |
| 1996 | 41.8% | World Bank Open Data |
At a glance
Developed country benchmark
2%
Nepal's 2040 target
8%
Progress to benchmark
11% of way there
Direction
Lower is better
Data confidence
high confidence
Regional comparison
Nepal
17.4%
India
21.9%
Bangladesh
18.7%
SriLanka
14.3%
Benchmark2%