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GDP (current US$)

Indicator id: gdp_current_usd · Unit: current US$ · Coverage: 1960-2024

Gross domestic product at purchaser's prices, the sum of gross value added by all resident producers, converted to current US dollars using single-year official exchange rates.

Sources

Reconciliation note: IMF WEO's NGDPD (GDP, current prices, US dollar) and the World Bank's NY.GDP.MKTP.CD both ultimately draw on the same Nepal Rastra Bank/CBS national accounts converted at market exchange rates, and match to within rounding in every overlapping year (verified live: both $24,360,801,xxx for 2015). WEO additionally projects out to 2031, so a gap in those later years reflects the Bank not yet having an actual for that year, not a measurement disagreement.

Caveats

Current (nominal) US$, not inflation- or PPP-adjusted; year-on-year moves partly reflect exchange-rate swings, not just real growth.

Taxonomy

SDG: SDG 8.1 -- Sustain per capita economic growth
Topic: Economy & Growth
Themes: economy

Also known as

"GDP", "gross domestic product", "size of the economy", "how big is Nepal's economy"


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