GDP growth (annual %)

Indicator id: gdp_growth · Unit: % per year · Coverage: 1961-2024

Annual percentage growth rate of GDP at market prices based on constant local currency, i.e. real growth net of inflation.

Sources

• World Bank (preferred) -- dataset WDI, code NY.GDP.MKTP.KD.ZG (https://data.worldbank.org)
• International Monetary Fund -- dataset WEO:NGDP_RPCH, code NGDP_RPCH (https://www.imf.org)

Reconciliation note: IMF WEO's NGDP_RPCH and the World Bank's NY.GDP.MKTP.KD.ZG are both real (constant-price) GDP growth and match Nepal's history almost exactly year for year (verified live: both 3.976053% for 2015) -- both ultimately draw on the same Nepal Rastra Bank/CBS national accounts. Where they diverge it is usually a vintage effect: WEO carries growth projections out to 2031, so a gap in a future year compares a forecast to a year the Bank has no actual for yet, not a real disagreement.

Caveats

Real (constant-price) growth; a single-year swing beyond roughly +/-15% for Nepal usually reflects an earthquake, pandemic, or major statistical rebasing.

Taxonomy

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

Also known as

"economic growth", "is the economy growing", "GDP growth rate", "growth rate"

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