Nepal Inflation Rate 1965-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Nepal inflation rate for 2023 was 7.11%, a 0.54% decline from 2022.
  • Nepal inflation rate for 2022 was 7.65%, a 3.5% increase from 2021.
  • Nepal inflation rate for 2021 was 4.15%, a 0.9% decline from 2020.
  • Nepal inflation rate for 2020 was 5.05%, a 0.52% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sierra Leone 47.64%
Haiti 36.81%
Ethiopia 30.22%
Malawi 28.79%
Burundi 26.94%
Rwanda 19.79%
Gambia 16.97%
Chad 10.84%
Madagascar 9.87%
Guinea 7.81%
Mozambique 7.13%
Nepal 7.11%
Uganda 5.35%
Tanzania 3.80%
Niger 3.70%
Central African Republic 2.98%
Benin 2.73%
South Sudan 2.38%
Mali 2.06%
Burkina Faso 0.74%
Nepal Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 7.11% -0.54%
2022 7.65% 3.50%
2021 4.15% -0.90%
2020 5.05% -0.52%
2019 5.57% 1.51%
2018 4.06% 0.43%
2017 3.63% -5.16%
2016 8.79% 0.92%
2015 7.87% -0.50%
2014 8.36% -0.68%
2013 9.04% -0.42%
2012 9.46% 0.23%
2011 9.23% -0.10%
2010 9.33% -1.77%
2009 11.09% 1.19%
2008 9.91% 7.64%
2007 2.27% -4.65%
2006 6.92% 0.08%
2005 6.84% 3.99%
2004 2.84% -2.87%
2003 5.71% 2.68%
2002 3.03% 0.34%
2001 2.69% 0.21%
2000 2.48% -4.97%
1999 7.45% -3.79%
1998 11.24% 7.23%
1997 4.01% -5.21%
1996 9.22% 1.60%
1995 7.62% -0.73%
1994 8.35% 0.84%
1993 7.51% -9.64%
1992 17.15% 1.59%
1991 15.56% 7.32%
1990 8.24% -0.61%
1989 8.85% -0.14%
1988 8.98% -1.77%
1987 10.75% -8.25%
1986 19.00% 10.95%
1985 8.05% 5.21%
1984 2.85% -9.53%
1983 12.38% 0.68%
1982 11.70% 0.55%
1981 11.14% -3.54%
1980 14.68% 11.12%
1979 3.57% -3.78%
1978 7.35% -2.55%
1977 9.90% 13.01%
1976 -3.11% -10.70%
1975 7.59% -12.22%
1974 19.81% 8.38%
1973 11.43% 3.04%
1972 8.39% 10.39%
1971 -2.00% -17.24%
1970 15.24% 11.18%
1969 4.06% 2.88%
1968 1.18% 3.99%
1967 -2.81% -17.20%
1966 14.39% 5.92%
1965 8.47% 5.92%