Macroeconomic Update: Nepal (March 2016)

Institutional Document | March 2016

FY2016 GDP growth for Nepal is forecasted to slide further down to 1.5%, from 3.0% in FY2015, based on this macroeconomic update for Nepal. Inflation is also projected to increase to 10.5%.

This edition of Macroeconomic Update analyzes the mid-year FY2016 updates on real, fiscal, monetary, and external sectors. It forecasts FY2016 GDP growth to slide further down to 1.5%, from 3.0% in FY2015. Inflation is projected to increase to 10.5%. Revenue collection and expenditure have shrunk compared to previous years, and capital expenditure continues to register negative growth on a year-on-year basis. Increase in remittance inflow post-earthquake and narrowing of trade deficit due to the disproportionate decline in imports relative to exports (as a result of trade disruption) has contributed to current account surplus swelling up significantly.


Produced by ADB's Nepal Resident Mission, Macroeconomic Update is published twice a year.


  • Executive Summary
  • Macroeconomic Update
    • Real Sector
    • Fiscal Sector
    • Monetary Sector and Exchange Rate
    • External Sector
  • Appendixes
    • Country Economic Indicators
    • Country Poverty and Social Indicators

Additional Details

  • Economics
  • Nepal


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