13.2 GDP of Nepal and its unique sectorial makeup: 

13.2 GDP of Nepal and its unique sectorial makeup: 

All sectors that makeup Nepal’s GDP and specifics around the country’s makeup

Predominant sectors include Agriculture, Services, and Remittances, which play pivotal roles in Nepal’s economic landscape.

Not-so-predominant sectors encompass Mining and Construction, contributing to a lesser extent but still playing vital roles.

Total GDP   

The total GDP of Nepal stands at approximately $46.097 billion reflecting the country’s economic output in 2023.

Primary industry contributes around 24.5% to the total GDP in 2022, representing sectors like Agriculture, Forestry, and Fishing, which remain significant contributors to the economy.

Secondary industry contributes around 13.7% to the total GDP in 2022, with sectors like Manufacturing and Construction playing vital roles in economic development.

Tertiary industry contributes around 61.8% to the total GDP in 2022, representing sectors like Trade, Education, and Tourism, which have been driving economic growth.

The GDP growth rate – YOY 

The total GDP growth rate is approximately 4.4% reflecting Nepal’s economic expansion.

Primary Industry growth rate is around 2.30 percent, demonstrating steady growth in the agricultural and related sectors in 2021-2022 (Bank, 2019).

Secondary Industry growth rate is approximately 10.19 percent, indicating robust growth in manufacturing and construction in 2021-2022 (Bank, 2019). Tertiary Industry growth rate is about 5.93, highlighting the rapid expansion of service-based sectors in 2021-2022 (Bank, 2019).