Nepal - Inflation, consumer prices (annual %) 1965 - 2021
Nepal's inflation, consumer prices (annual %) is currently 4.09%, according to the most recent World Bank data for the country (2021).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Nepal's inflation, consumer prices (annual %) for 2021 was 4.088%, a -19.09% increase from 2020, with a -1 difference.
- In 2020 it was 5.052%, a -9.27% increase from 2019, with a -1 difference.
- In 2019 it was 5.569%, a 37.12% increase from 2018.
- In 2018 it was 4.061%, a 11.97% increase from 2017.
- In 2017 it was 3.627%, a -58.74% increase from 2016.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Nepal is currently 7.8319% (average of years with recorded data) with a lowest recorded value of -3.1132% in 1976 and a highest value of 19.8063% in 1974.
Nepal's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1965 | 8.472% | |
| 1966 | 14.389% | 69.84% |
| 1967 | -2.808% | -119.52% |
| 1968 | 1.18% | 142.01% |
| 1969 | 4.058% | 243.90% |
| 1970 | 15.237% | 275.53% |
| 1971 | -2% | -113.12% |
| 1972 | 8.389% | 519.56% |
| 1973 | 11.43% | 36.25% |
| 1974 | 19.806% | 73.29% |
| 1975 | 7.586% | -61.70% |
| 1976 | -3.113% | -141.04% |
| 1977 | 9.899% | 417.96% |
| 1978 | 7.346% | -25.79% |
| 1979 | 3.565% | -51.46% |
| 1980 | 14.685% | 311.86% |
| 1981 | 11.145% | -24.10% |
| 1982 | 11.699% | 4.97% |
| 1983 | 12.377% | 5.80% |
| 1984 | 2.846% | -77.01% |
| 1985 | 8.053% | 182.97% |
| 1986 | 18.999% | 135.93% |
| 1987 | 10.75% | -43.42% |
| 1988 | 8.983% | -16.44% |
| 1989 | 8.847% | -1.52% |
| 1990 | 8.24% | -6.86% |
| 1991 | 15.557% | 88.81% |
| 1992 | 17.15% | 10.23% |
| 1993 | 7.505% | -56.24% |
| 1994 | 8.349% | 11.24% |
| 1995 | 7.623% | -8.70% |
| 1996 | 9.22% | 20.96% |
| 1997 | 4.01% | -56.51% |
| 1998 | 11.244% | 180.41% |
| 1999 | 7.451% | -33.74% |
| 2000 | 2.479% | -66.73% |
| 2001 | 2.688% | 8.45% |
| 2002 | 3.029% | 12.69% |
| 2003 | 5.707% | 88.39% |
| 2004 | 2.842% | -50.20% |
| 2005 | 6.836% | 140.56% |
| 2006 | 6.92% | 1.23% |
| 2007 | 2.269% | -67.21% |
| 2008 | 9.908% | 336.62% |
| 2009 | 11.095% | 11.98% |
| 2010 | 9.327% | -15.94% |
| 2011 | 9.227% | -1.07% |
| 2012 | 9.46% | 2.52% |
| 2013 | 9.04% | -4.44% |
| 2014 | 8.364% | -7.48% |
| 2015 | 7.869% | -5.92% |
| 2016 | 8.79% | 11.71% |
| 2017 | 3.627% | -58.74% |
| 2018 | 4.061% | 11.97% |
| 2019 | 5.569% | 37.12% |
| 2020 | 5.052% | -9.27% |
| 2021 | 4.088% | -19.09% |
Expand
Comparison with Countries in the South Asia Region.
Among countries in the same World Bank South Asia (SA) region, Nepal comes in 6th with 4.088% inflation, consumer prices (annual %).
- Within the same region, Sri Lanka comes in 1st with 49.721%, inflation, consumer prices (annual %).
- Pakistan comes in 2nd with 19.874%.
- Bangladesh comes in 3rd with 7.697%.
- India comes in 4th with 6.699%.
- Bhutan comes in 5th with 5.639%.
- Maldives comes in 7th with 2.333%.
- And Afghanistan comes in 8th with 2.302%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 8 Countries in the South Asia Region.
Top 8 Countries in the South Asia Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Sri Lanka | 49.72% | 2022 |
| 2 | Pakistan | 19.87% | 2022 |
| 3 | Bangladesh | 7.70% | 2022 |
| 4 | India | 6.70% | 2022 |
| 5 | Bhutan | 5.64% | 2022 |
| 6 | Nepal | 4.09% | 2021 |
| 7 | Maldives | 2.33% | 2022 |
| 8 | Afghanistan | 2.30% | 2019 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Nepal comes in 44th with 4.088% inflation, consumer prices (annual %).
- Within the same income group, Philippines comes in 34th with 5.821%, inflation, consumer prices (annual %).
- Bhutan comes in 35th with 5.639%.
- Solomon Islands comes in 36th with 5.518%.
- Micronesia, Fed. Sts. comes in 37th with 5.409%.
- Cambodia comes in 38th with 5.344%.
- Cote d'Ivoire comes in 39th with 5.276%.
- Djibouti comes in 40th with 5.18%.
- Papua New Guinea comes in 41st with 4.484%.
- Tanzania comes in 42nd with 4.35%.
- Jordan comes in 43rd with 4.229%.
- Vietnam comes in 45th with 3.157%.
- Congo, Rep. comes in 46th with 3.043%.
- Eswatini comes in 47th with 2.598%.
- Vanuatu comes in 48th with 2.343%.
- Cabo Verde comes in 49th with 1.862%.
- Bolivia comes in 50th with 1.746%.
- Benin comes in 51st with 1.351%.
- Timor-Leste comes in 52nd with 0.959%.
- Kiribati comes in 53rd with -1.813%.
- And Comoros comes in 54th with -4.295%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.756% | 2021 |
| 2 | Zimbabwe | 104.705% | 2022 |
| 3 | Sri Lanka | 49.721% | 2022 |
| 4 | Iran, Islamic Rep. | 43.389% | 2021 |
| 5 | Haiti | 33.984% | 2022 |
| 6 | Ghana | 31.256% | 2022 |
| 7 | Angola | 25.754% | 2021 |
| 8 | Lao PDR | 22.956% | 2022 |
| 9 | Ukraine | 20.184% | 2022 |
| 10 | Pakistan | 19.874% | 2022 |
| 11 | Nigeria | 18.847% | 2022 |
| 12 | Sao Tome and Principe | 18.006% | 2022 |
| 13 | Mongolia | 15.148% | 2022 |
| 14 | Kyrgyz Republic | 13.923% | 2022 |