Remittance inflows to GDP in Nepal
Nepal: Remittance inflows to GDP was 24.3% in 2020. ◆ Volatile
Remittance inflows to GDP in Nepal, 1993–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Nepal is 24.3%, measured in 2020.
That represents a change of up 0.6% on the previous year and up 12.0% over ten years.
Over the whole period, remittance inflows to gdp in Nepal peaked at 27.6% in 2015 and was at its lowest, 1.0%, in 1996.
That places Nepal 7th out of 195 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.3% | 1.0% | 1.7% | 7 |
| 2000s | 13.2% | 2.0% | 23.2% | 10 |
| 2010s | 24.2% | 19.5% | 27.6% | 10 |
| 2020s | 24.3% | 24.3% | 24.3% | 1 |
Countries ranked near Nepal
More financial sector data for Nepal
- Domestic credit to private sector by banks 90.4% (2025)
- Total reserves in months of imports 12.97 (2024)
- Net domestic credit 7.67 trillion current LCU (2025)
- Net foreign assets 3.15 trillion current LCU (2025)
- Monetary Sector credit to private sector 90.5% (2025)
- Broad money 131.2% (2025)
- Claims on central government, etc. 28.2% (2025)
- Domestic credit to private sector 90.5% (2025)
- Official exchange rate 139.12 LCU per US$, period average (2025)
- Net migration -364,699 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Nepal?
- Remittance inflows to gdp in Nepal was 24.3% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Nepal?
- The highest recorded value was 27.6% in 2015.
- What is the lowest remittance inflows to gdp recorded in Nepal?
- The lowest recorded value was 1.0% in 1996.
- How does Nepal rank for remittance inflows to gdp?
- Nepal ranks 7th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Nepal?
- Over the last ten years it is up 12.0%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.