Net trade in goods and services in Nepal
Nepal: Net trade in goods and services was -10.96 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Nepal, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Nepal is -10.96 billion BoP, current US$, measured in 2024.
That represents a change of up 1.1% on the previous year and down 72.2% over ten years.
Over the whole period, net trade in goods and services in Nepal peaked at -33.46 million BoP, current US$ in 1976 and was at its lowest, -14.47 billion BoP, current US$, in 2021.
Nepal ranks 180th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -71.18 million BoP, current US$ | -103.83 million BoP, current US$ | -33.46 million BoP, current US$ | 4 |
| 1980s | -254.13 million BoP, current US$ | -398.11 million BoP, current US$ | -156.62 million BoP, current US$ | 10 |
| 1990s | -470.37 million BoP, current US$ | -636.95 million BoP, current US$ | -327.00 million BoP, current US$ | 10 |
| 2000s | -1.53 billion BoP, current US$ | -3.56 billion BoP, current US$ | -507.98 million BoP, current US$ | 10 |
| 2010s | -7.13 billion BoP, current US$ | -11.96 billion BoP, current US$ | -4.31 billion BoP, current US$ | 10 |
| 2020s | -11.63 billion BoP, current US$ | -14.47 billion BoP, current US$ | -8.92 billion BoP, current US$ | 5 |
Countries ranked near Nepal
- 177 Honduras -8.70 billion BoP, current US$ compare
- 178 El Salvador -8.83 billion BoP, current US$ compare
- 179 Mexico -10.66 billion BoP, current US$ compare
- 181 Lebanon -11.54 billion BoP, current US$ compare
- 182 Ethiopia -11.95 billion BoP, current US$ compare
- 183 Belgium -13.81 billion BoP, current US$ compare
More economy & growth data for Nepal
- Gross national expenditure 7.60 trillion current LCU (2025)
- Final consumption expenditure 5.77 trillion current LCU (2025)
- Final consumption expenditure 33.58 billion constant 2015 US$ (2025)
- Final consumption expenditure 3.2% (2025)
- Industry (including construction), value added 747.12 billion current LCU (2025)
- Final consumption expenditure 93.1% (2025)
- Industry (including construction), value added 5.48 billion current US$ (2025)
- Gross national expenditure 55.73 billion current US$ (2025)
- Exports of goods and services 3.10 billion constant 2015 US$ (2025)
- Exports of goods and services 547.30 billion current LCU (2025)
Frequently asked questions
- What is net trade in goods and services in Nepal?
- Net trade in goods and services in Nepal was -10.96 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Nepal?
- The highest recorded value was -33.46 million BoP, current US$ in 1976.
- What is the lowest net trade in goods and services recorded in Nepal?
- The lowest recorded value was -14.47 billion BoP, current US$ in 2021.
- How does Nepal rank for net trade in goods and services?
- Nepal ranks 180th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Nepal?
- Over the last ten years it is down 72.2%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.