Economic growth of 4.61 percent estimated for FY 2024/25
Summary
Nepal's economic growth rate is estimated at 4.61% for fiscal year 2024/25 with decreased inflation and increased exports, remittances, and tourist arrivals.
Key Points
- Nepal's economic growth rate for FY 2024/25 is estimated at 4.61%, up from 3.67% in the previous year.
- Annual average inflation decreased to 4.06% from 5.44% the previous year.
- Balance of Payments surplus increased to Rs 594.54 billion compared to Rs 502.49 billion last year.
- Tourist arrivals increased by 1.7% to 1,147,834 with installed electricity capacity reaching 3591 megawatts.
