Asia · Southern Asia

Nepal

Federal Democratic Republic of Nepal · World’s #104 economy

Nominal GDP 2025
$45.5 billion
Population 2025
29.6 million
GDP per capita
$1,536
GDP growth 2025
4.4%
Flag of Nepal

Overview

Official name
Federal Democratic Republic of Nepal
Capital
Kathmandu
Region
Asia · Southern Asia
Area
147,181 km² · landlocked
Coordinates
28.00, 84.00
Languages
Nepali
Currency
Nepalese rupee (NPR ₨)
Calling code · domain
+977 · .np
ISO codes
NP / NPL
Borders
China India

Map

Bangladesh · $456 billion Bhutan · $3.58 billion China · $19.5 trillion India · $3.96 trillion Myanmar · $81.7 billion Nepal · $45.5 billion Pakistan · $407 billion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population29.6 million2025
Population growth-0.11%2025
Urban population67.0%2025
Population density207.1 people/km²2023
Life expectancy70.6 years2024
Adult literacy68.7%2019

Age structure (2025)

0–14: 28.1%15–64: 65.3%65+: 6.6%

Macroeconomy

Nominal GDP$45.5 billion2025
Real GDP growth4.4%2025
GDP per capita$1,5362025
GDP per capita (PPP)$5,7372024
GNI (PPP)$185 billion2025
Inflation (CPI)2.7%2025
Unemployment10.5%2025
Industry, % of GDP12.1%2025
Exports, % of GDP8.8%2025
Imports, % of GDP33.7%2025
Merchandise exports$2.31 billion2025
Merchandise imports$14.4 billion2025
FDI net inflows$56.9 million2024

Nepal ranks #104 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index2.51 / 52018
Import clearance time2.0 days2018
Total tax rate (% of profit)29.6%2017
Land area143,350 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (7)

Province: 7

  • Bagmati NP-P3
  • Gandaki NP-P4
  • Karnali NP-P6
  • Koshi NP-P1
  • Lumbini NP-P5
  • Madhesh NP-P2
  • Sudurpashchim NP-P7

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

Landlocked – cargo moves through neighbouring countries’ ports.

International shipping →

FTAs & trade blocs

Vietnam has no FTA with Nepal: MFN rates apply (if a WTO member).

Bloc membership

Membership compiled as of October 2026 (full members); check each bloc’s official site for legal precision.

Trade agreements in force (4)

Nepal is party to 4 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
SAFTA - Accession of Afghanistan FTA
Goods
7 Aug 2011 AfghanistanBangladeshBhutanSri LankaIndiaMaldivesPakistan
India - Nepal PSA
Goods
27 Oct 2009 India India
South Asian Free Trade Agreement (SAFTA) FTA
Goods
1 Jan 2006 AfghanistanBangladeshBhutanSri LankaIndiaMaldivesPakistan
South Asian Preferential Trade Arrangement (SAPTA) PSA
Goods
7 Dec 1995 BangladeshBhutanSri LankaIndiaMaldivesPakistan

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Nepal can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.