Commercial service imports in Nepal
Nepal: Commercial service imports was 2.25 billion current US$ in 2024. ◆ Volatile
Latest (2024)
2.25 billion current US$
Change on year
down 0.4%
World rank
118th
of 200 countries
All-time high
2.26 billion current US$
in 2023
All-time low
41.04 million current US$
in 1976
Years of data
49
1976–2024
Commercial service imports in Nepal, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service imports in Nepal is 2.25 billion current US$, measured in 2024.
Compared with earlier readings it is down 0.4% on the previous year and up 91.8% over ten years.
Over the whole period, commercial service imports in Nepal peaked at 2.26 billion current US$ in 2023 and was at its lowest, 41.04 million current US$, in 1976.
That places Nepal 118th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Nepal, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 41.04 million current US$ | — |
| 1977 | 43.72 million current US$ | +6.5% |
| 1978 | 54.36 million current US$ | +24.3% |
| 1979 | 69.79 million current US$ | +28.4% |
| 1980 | 84.44 million current US$ | +21.0% |
| 1981 | 89.94 million current US$ | +6.5% |
| 1982 | 80.85 million current US$ | -10.1% |
| 1983 | 82.65 million current US$ | +2.2% |
| 1984 | 93.31 million current US$ | +12.9% |
| 1985 | 111.79 million current US$ | +19.8% |
| 1986 | 109.10 million current US$ | -2.4% |
| 1987 | 126.26 million current US$ | +15.7% |
| 1988 | 144.10 million current US$ | +14.1% |
| 1989 | 141.06 million current US$ | -2.1% |
| 1990 | 158.92 million current US$ | +12.7% |
| 1991 | 178.76 million current US$ | +12.5% |
| 1992 | 220.03 million current US$ | +23.1% |
| 1993 | 246.23 million current US$ | +11.9% |
| 1994 | 289.53 million current US$ | +17.6% |
| 1995 | 304.74 million current US$ | +5.3% |
| 1996 | 234.99 million current US$ | -22.9% |
| 1997 | 215.85 million current US$ | -8.1% |
| 1998 | 188.79 million current US$ | -12.5% |
| 1999 | 202.08 million current US$ | +7.0% |
| 2000 | 193.24 million current US$ | -4.4% |
| 2001 | 205.34 million current US$ | +6.3% |
| 2002 | 231.07 million current US$ | +12.5% |
| 2003 | 257.69 million current US$ | +11.5% |
| 2004 | 375.75 million current US$ | +45.8% |
| 2005 | 423.84 million current US$ | +12.8% |
| 2006 | 488.27 million current US$ | +15.2% |
| 2007 | 716.18 million current US$ | +46.7% |
| 2008 | 840.16 million current US$ | +17.3% |
| 2009 | 827.54 million current US$ | -1.5% |
| 2010 | 845.19 million current US$ | +2.1% |
| 2011 | 761.40 million current US$ | -9.9% |
| 2012 | 881.35 million current US$ | +15.8% |
| 2013 | 969.83 million current US$ | +10.0% |
| 2014 | 1.17 billion current US$ | +21.0% |
| 2015 | 1.18 billion current US$ | +0.8% |
| 2016 | 1.24 billion current US$ | +4.7% |
| 2017 | 1.60 billion current US$ | +28.9% |
| 2018 | 1.75 billion current US$ | +9.3% |
| 2019 | 1.69 billion current US$ | -3.3% |
| 2020 | 1.08 billion current US$ | -36.3% |
| 2021 | 1.54 billion current US$ | +43.0% |
| 2022 | 2.02 billion current US$ | +31.1% |
| 2023 | 2.26 billion current US$ | +12.1% |
| 2024 | 2.25 billion current US$ | -0.4% |
Nepal compared with similar countries
- Nepal's 2.25 billion current US$ is below the median for lower middle income countries, which is 2.37 billion current US$, 95% of the median. (47 countries reporting)
- Nepal's 2.25 billion current US$ is below the median for South Asia, which is 2.74 billion current US$, 82% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.23 million current US$ | 41.04 million current US$ | 69.79 million current US$ | 4 |
| 1980s | 106.35 million current US$ | 80.85 million current US$ | 144.10 million current US$ | 10 |
| 1990s | 223.99 million current US$ | 158.92 million current US$ | 304.74 million current US$ | 10 |
| 2000s | 455.91 million current US$ | 193.24 million current US$ | 840.16 million current US$ | 10 |
| 2010s | 1.21 billion current US$ | 761.40 million current US$ | 1.75 billion current US$ | 10 |
| 2020s | 1.83 billion current US$ | 1.08 billion current US$ | 2.26 billion current US$ | 5 |
Countries ranked near Nepal
- 115 Cameroon 2.37 billion current US$ compare
- 116 North Macedonia 2.31 billion current US$ compare
- 117 Mauritius 2.28 billion current US$ compare
- 119 Bolivia 2.25 billion current US$ compare
- 120 Bahamas 2.20 billion current US$ compare
- 121 Kosovo 2.18 billion current US$ compare
- 121 Kosovo (UNSCR 1244) 2.18 billion current US$ compare
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$), annual growth rate 75.61 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Nepal?
- Commercial service imports in Nepal was 2.25 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Nepal?
- The highest recorded value was 2.26 billion current US$ in 2023.
- What is the lowest commercial service imports recorded in Nepal?
- The lowest recorded value was 41.04 million current US$ in 1976.
- How does Nepal rank for commercial service imports?
- Nepal ranks 118th out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Nepal?
- Over the last ten years it is up 91.8%. 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 imports (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 imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to 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.