Nepal
Inflation in Nepal
Inflation in Nepal: 9.8% a year in 1980 and 4.1% a year in 2025, by IMF estimates.
- Latest, 2025
- 4.1% a year
- Since 1980
- −5.7 percentage points
- Rank, 2025
- 52 of 179
- counting from the highest
- Projected, 2031
- 5% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 5% a year in 2031.
- The highest was 21.1% a year in 1992, the lowest 2.4% a year in 2001.
Every year
% a year · IMF
| Year | Nepal |
|---|---|
| 2025 | 4.1 |
| 2024 | 5.4 |
| 2023 | 7.7 |
| 2022 | 6.4 |
| 2021 | 3.6 |
| 2020 | 6.1 |
| 2019 | 4.6 |
| 2018 | 4.1 |
| 2017 | 4.5 |
| 2016 | 9.9 |
| 2015 | 7.8 |
| 2014 | 9 |
| 2013 | 9.9 |
| 2012 | 8.3 |
| 2011 | 9.6 |
| 2010 | 9.6 |
| 2009 | 12.6 |
| 2008 | 6.7 |
| 2007 | 6.2 |
| 2006 | 8 |
| 2005 | 4.5 |
| 2004 | 4 |
| 2003 | 4.7 |
| 2002 | 2.9 |
| 2001 | 2.4 |
| 2000 | 3.4 |
| 1999 | 11.4 |
| 1998 | 8.3 |
| 1997 | 8.1 |
| 1996 | 7.2 |
| 1995 | 7.7 |
| 1994 | 9 |
| 1993 | 8.9 |
| 1992 | 21.1 |
| 1991 | 7.9 |
| 1990 | 8.9 |
| 1989 | 8.1 |
| 1988 | 11 |
| 1987 | 13.3 |
| 1986 | 15.9 |
| 1985 | 4.1 |
| 1984 | 6.2 |
| 1983 | 14.2 |
| 1982 | 10.4 |
| 1981 | 13.5 |
| 1980 | 9.8 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Nepal |
|---|---|
| 2026 | 3.1 |
| 2027 | 5.8 |
| 2028 | 5 |
| 2029 | 5 |
| 2030 | 5 |
| 2031 | 5 |
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Nepal in numbers
Every measure for Nepal on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending0.97% of GDP in 2025
- Military spending in US dollars$429M in 2025
- Military spending per person$14 in 2025
- Military share of state spending4.5% of government spending in 2025
- Armed forces personnel112,000 people in 2020
- National power0.18% of world capability in 2022
- Armed forces, share of workers1.4% of the labour force in 2020
- Arms imports6 million TIV in 2025