Nepal's GDP Growth Estimated at 3.51 Percent in Third Quarter of Current Fiscal Year
Summary
Nepal's GDP grew by 3.51 percent in the third quarter of the current fiscal year, driven by electricity, financial services, and trade sectors.
Key Points
- Nepal's GDP growth estimated at 3.51 percent in the third quarter of fiscal year 2081/82 based on preliminary figures.
- Electricity, gas, steam, and air conditioning supply sector recorded highest growth at 24.88 percent.
- Financial and insurance activities grew by 10.27 percent; transportation and storage by 7.83 percent; wholesale and retail trade by 5.25 percent.
- Agriculture sector posted modest growth of 1.58 percent despite a decline in paddy production.
