Nepal — Inflation
Inflation, Consumer Prices (Annual %) for Nepal, 1965–2025.
Inflation for Nepal was 2.65% in 2025, according to the latest World Bank data. The series covers 61 years, from 1965 to 2025. The highest recorded value was 19.81% in 1974. The lowest was -3.11% in 1976 (about -1.2× the latest value). Across that span the compound annual growth rate works out to -1.92% per year.
Nepal ranks 104 of 187 economies on this measure (1 = highest), putting it in the top 56%. The median for South Asia is 3.56%, so Nepal sits below it. It peaked in 1974 and has fallen 87% since. Over the last decade (2015–2025) the figure moved down 66%. Within South Asia it ranks 4 of 6 economies; India (2.40%) is just below it. Its sharpest one-year move was up 520% in 1972. That is 52% below this series' own ten-year average.
Data highlights
From its 1965 level: doubled by 1974.
World ranking. Slipped: 11th of 76 in 1965 → 3rd of 92 in 1970 → 49th of 106 in 1980 → 64th of 131 in 1990 → 105th of 163 in 2000 → 17th of 186 in 2010 → 40th of 178 in 2020 → 91st of 169 in 2025.
Key figures
Full history — 1965 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 2.65% | -2.0 pp |
| 2024 | 4.69% | -2.4 pp |
| 2023 | 7.12% | -0.6 pp |
| 2022 | 7.67% | +3.5 pp |
| 2021 | 4.13% | -0.9 pp |
| 2020 | 5.06% | -0.5 pp |
| 2019 | 5.57% | +1.2 pp |
| 2018 | 4.41% | +1.6 pp |
| 2017 | 2.78% | -6.0 pp |
| 2016 | 8.79% | +0.9 pp |
| 2015 | 7.87% | -0.5 pp |
| 2014 | 8.36% | -0.7 pp |
| 2013 | 9.04% | -0.4 pp |
| 2012 | 9.46% | +0.2 pp |
| 2011 | 9.23% | -0.1 pp |
| 2010 | 9.33% | -1.8 pp |
| 2009 | 11.09% | +1.2 pp |
| 2008 | 9.91% | +7.6 pp |
| 2007 | 2.27% | -4.7 pp |
| 2006 | 6.92% | +0.1 pp |
| 2005 | 6.84% | +4.0 pp |
| 2004 | 2.84% | -2.9 pp |
| 2003 | 5.71% | +2.7 pp |
| 2002 | 3.03% | +0.3 pp |
| 2001 | 2.69% | +0.2 pp |
| 2000 | 2.48% | -5.0 pp |
| 1999 | 7.45% | -3.8 pp |
| 1998 | 11.24% | +7.2 pp |
| 1997 | 4.01% | -5.2 pp |
| 1996 | 9.22% | +1.6 pp |
| 1995 | 7.62% | -0.7 pp |
| 1994 | 8.35% | +0.8 pp |
| 1993 | 7.51% | -9.6 pp |
| 1992 | 17.15% | +1.6 pp |
| 1991 | 15.56% | +7.3 pp |
| 1990 | 8.24% | -0.6 pp |
| 1989 | 8.85% | -0.1 pp |
| 1988 | 8.98% | -1.8 pp |
| 1987 | 10.75% | -8.2 pp |
| 1986 | 19% | +10.9 pp |
| 1985 | 8.05% | +5.2 pp |
| 1984 | 2.85% | -9.5 pp |
| 1983 | 12.38% | +0.7 pp |
| 1982 | 11.7% | +0.6 pp |
| 1981 | 11.14% | -3.5 pp |
| 1980 | 14.68% | +11.1 pp |
| 1979 | 3.57% | -3.8 pp |
| 1978 | 7.35% | -2.6 pp |
| 1977 | 9.9% | +13.0 pp |
| 1976 | -3.11% | -10.7 pp |
| 1975 | 7.59% | -12.2 pp |
| 1974 | 19.81% | +8.4 pp |
| 1973 | 11.43% | +3.0 pp |
| 1972 | 8.39% | +10.4 pp |
| 1971 | -2% | -17.2 pp |
| 1970 | 15.24% | +11.2 pp |
| 1969 | 4.06% | +2.9 pp |
| 1968 | 1.18% | +4.0 pp |
| 1967 | -2.81% | -17.2 pp |
| 1966 | 14.39% | +5.9 pp |
| 1965 | 8.47% | — |
Frequently asked questions
What was Nepal’s Inflation in 1966?
14.39% (1966). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Nepal’s Inflation growing or shrinking?
Between 1965 and 2025 the series was shrinking overall: -68.7% in total — about 1.9% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 2.65%; 2024: 4.69%; 2023: 7.12%; 2022: 7.67%; 2021: 4.13%. Earlier years are in the full-history table below.
Related data
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.