Commercial service exports in Nepal
Nepal: Commercial service exports was 1.65 billion current US$ in 2024. ◆ Volatile
Commercial service exports in Nepal, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
Nepal recorded 1.65 billion current US$ for commercial service exports in 2024. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 7.9% on the previous year and up 50.5% over ten years.
Over the whole period, commercial service exports in Nepal peaked at 1.65 billion current US$ in 2024 and was at its lowest, 50.35 million current US$, in 1976.
That places Nepal 118th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Nepal, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 50.35 million current US$ | — |
| 1977 | 57.78 million current US$ | +14.8% |
| 1978 | 74.08 million current US$ | +28.2% |
| 1979 | 89.67 million current US$ | +21.0% |
| 1980 | 117.78 million current US$ | +31.4% |
| 1981 | 120.87 million current US$ | +2.6% |
| 1982 | 119.95 million current US$ | -0.8% |
| 1983 | 106.70 million current US$ | -11.0% |
| 1984 | 90.23 million current US$ | -15.4% |
| 1985 | 91.88 million current US$ | +1.8% |
| 1986 | 118.57 million current US$ | +29.0% |
| 1987 | 154.61 million current US$ | +30.4% |
| 1988 | 161.31 million current US$ | +4.3% |
| 1989 | 160.61 million current US$ | -0.4% |
| 1990 | 166.36 million current US$ | +3.6% |
| 1991 | 201.20 million current US$ | +20.9% |
| 1992 | 209.86 million current US$ | +4.3% |
| 1993 | 283.73 million current US$ | +35.2% |
| 1994 | 526.78 million current US$ | +85.7% |
| 1995 | 591.93 million current US$ | +12.4% |
| 1996 | 679.47 million current US$ | +14.8% |
| 1997 | 795.12 million current US$ | +17.0% |
| 1998 | 432.90 million current US$ | -45.6% |
| 1999 | 453.95 million current US$ | +4.9% |
| 2000 | 409.96 million current US$ | -9.7% |
| 2001 | 302.71 million current US$ | -26.2% |
| 2002 | 192.19 million current US$ | -36.5% |
| 2003 | 302.40 million current US$ | +57.3% |
| 2004 | 355.77 million current US$ | +17.6% |
| 2005 | 271.40 million current US$ | -23.7% |
| 2006 | 251.67 million current US$ | -7.3% |
| 2007 | 339.50 million current US$ | +34.9% |
| 2008 | 494.33 million current US$ | +45.6% |
| 2009 | 600.25 million current US$ | +21.4% |
| 2010 | 582.88 million current US$ | -2.9% |
| 2011 | 775.04 million current US$ | +33.0% |
| 2012 | 768.79 million current US$ | -0.8% |
| 2013 | 966.88 million current US$ | +25.8% |
| 2014 | 1.10 billion current US$ | +13.7% |
| 2015 | 1.06 billion current US$ | -3.5% |
| 2016 | 1.07 billion current US$ | +0.5% |
| 2017 | 1.38 billion current US$ | +29.8% |
| 2018 | 1.47 billion current US$ | +6.5% |
| 2019 | 1.51 billion current US$ | +2.2% |
| 2020 | 806.75 million current US$ | -46.4% |
| 2021 | 735.73 million current US$ | -8.8% |
| 2022 | 1.17 billion current US$ | +59.0% |
| 2023 | 1.53 billion current US$ | +31.0% |
| 2024 | 1.65 billion current US$ | +7.9% |
Nepal compared with similar countries
- Nepal's 1.65 billion current US$ is above the median for lower middle income countries, which is 1.21 billion current US$, 1.4× the median. (47 countries reporting)
- Nepal's 1.65 billion current US$ is below the median for South Asia, which is 5.95 billion current US$, 28% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 67.97 million current US$ | 50.35 million current US$ | 89.67 million current US$ | 4 |
| 1980s | 124.25 million current US$ | 90.23 million current US$ | 161.31 million current US$ | 10 |
| 1990s | 434.13 million current US$ | 166.36 million current US$ | 795.12 million current US$ | 10 |
| 2000s | 352.02 million current US$ | 192.19 million current US$ | 600.25 million current US$ | 10 |
| 2010s | 1.07 billion current US$ | 582.88 million current US$ | 1.51 billion current US$ | 10 |
| 2020s | 1.18 billion current US$ | 735.73 million current US$ | 1.65 billion current US$ | 5 |
Countries ranked near Nepal
More private sector data for Nepal
- Merchandise trade 36.7% (2025)
- Food imports 18.0% (2022)
- Manufactures imports 52.5% (2022)
- Merchandise imports 14.40 billion current US$ (2025)
- Food exports 49.4% (2022)
- Manufactures exports 47.5% (2022)
- Merchandise exports 2.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 78.03 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0508 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 75.61 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Nepal?
- Commercial service exports in Nepal was 1.65 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Nepal?
- The highest recorded value was 1.65 billion current US$ in 2024.
- What is the lowest commercial service exports recorded in Nepal?
- The lowest recorded value was 50.35 million current US$ in 1976.
- How does Nepal rank for commercial service exports?
- Nepal ranks 118th out of 200 countries with data for 2024.
- Is commercial service exports rising or falling in Nepal?
- Over the last ten years it is up 50.5%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.