Economic growth stands at 4.61% for FY 2024/25: NRB
Summary
Nepal's economic growth rate reached 4.61% in fiscal year 2024/25, with inflation dropping to 4.06%. Exports surged by 81.8%, remittances increased by 19.2% in NPR terms, and tourist arrivals rose by 1.7%.
Key Points
- Nepal's economic growth rate stood at 4.61% for fiscal year 2024/25, up from 3.67% the previous year.
- Annual average inflation decreased to 4.06% in 2024/25 from 5.44% in the prior year.
- Exports increased by 81.8% and imports by 13.3%, contributing to a balance of payments surplus of Rs 594.54 billion.
- Remittances grew by 19.2% in NPR and tourist arrivals increased by 1.7% in 2024/25.
