What are the economic indicators of Nepal?

Major Highlights

1. CPI-based Inflation remained 4.82 percent on y-o-y basis.

2. Imports decreased 2.7 percent, exports decreased 4.0 percent and trade deficit decreased 2.5 percent. · Remittances increased 21.0 percent in NPR terms and 18.8 percent in USD terms.

3. Balance of Payments remained at a surplus of Rs.327.55 billion.

4. Gross foreign exchange reserves stood at NPR 1872.82 billion and 14.14 billion in USD terms.

5. Nepal Government expenditure amounted to Rs.801.58 billion and revenue collection Rs.639.05 billion.

6. Broad money (M2) increased 7.7 percent. On y-o-y basis, M2 expanded 14.0 percent.

7. Deposits at BFIs increased 7.6 percent and private sector credit increased 4.2 percent. On y-o-y basis, deposits increased 14.6 percent and private sector credit increased 5.2 percent.

   (Based on Eight Months Data Ending Mid-March, 2023/24)