Nepal: Imports of goods and services (% of GDP)
In , Nepal's Imports of goods and services (% of GDP) was 32.91.
That's down 4.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Nepal ranks #100 globally out of 160 reporting countries. Within South Asia, it ranks #2 of 5.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 42.27
- Trough
- 28.49
- 1-year change
- -4.8%
- 5-year change
- -20.6%
- -4.5% / yr
- 10-year change
- -8.2%
- -0.9% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 32.9079 | |
| 34.5642 | |
| 42.2710 | |
| 37.9346 | |
| 34.1136 | |
| 41.4696 | |
| 40.6317 | |
| 36.8302 | |
| 33.9359 | |
| 36.4511 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Nepal's Imports of goods and services (% of GDP) in 2024?
- In 2024, Nepal's Imports of goods and services (% of GDP) was 32.91, according to World Bank Open Data.
- Is Nepal's Imports of goods and services (% of GDP) rising or falling?
- Nepal's Imports of goods and services (% of GDP) fell 4.8% from 2023 to 2024.
- How does Nepal rank globally on Imports of goods and services (% of GDP)?
- In 2024, Nepal ranked #100 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Nepal's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Nepal is below the world average. Within South Asia, it ranks #2 of 5.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.