Nepal’s Economy Set to Hit Rs 6.6 Trillion Milestone; Growth Projected at 3.85%
Summary
Nepal's economy is projected to reach NPR 6.6 trillion in fiscal year 2025/26 with a growth rate of 3.85%, driven by growth in non-agricultural sectors and increasing contributions from industry and services.
Key Points
- Nepal's economy is projected to reach NPR 6.6 trillion in the fiscal year 2025/26, up from NPR 6.199 trillion in 2024/25.
- Economic growth rate is forecasted at 3.85% at market prices for 2025/26, with a decline in agricultural sector growth to 1.58%.
- Non-agriculture sector expected to grow by 4.54%, including primary (1.63%), secondary (5.77%), and service (4.21%) sectors.
- Industrial sector improvement driven by increased production and imports, with industrial and construction sectors contributing 5.72% and 5.52% to GDP respectively.