Nepal Labour Productivity Growth
1992 - 2023 | Yearly | % | CEIC Data
Key information about Nepal Labour Productivity Growth
- Nepal Labour Productivity dropped by 0.24 % YoY in Dec 2023, compared with a growth of 0.59 % in the previous year
- Nepal Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2023, averaging at 2.52 %
- The data reached an all-time high of 6.29 % in Dec 2017 and a record low of -1.78 % in Dec 2016
CEIC calculates annual Labour Productivity Growth from annual GDP per person employed. The World Bank provides GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2021 constant international dollars using PPP rates
View Nepal's Labour Productivity Growth from 1992 to 2023 in the chart:
What was Nepal's Labour Productivity Growth in 2023?
Nepal Labour Productivity dropped by 0.24 % YoY in Dec 2023, compared with a growth of 0.59 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.24 2023 | 0.59 2022 | -1.78 2016 | 6.29 2017 | % | yearly | 1992 - 2023 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | 0.71 2023 | yearly | 1992 - 2023 |
| Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 8.23 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Australia (%) | -1.38 Jun 2024 | quarterly | Jun 1979 - Jun 2024 |
| Austria (%) | -0.77 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Azerbaijan (%) | 3.27 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Bahrain (%) | -4.05 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 4.20 2023 | yearly | 1992 - 2023 |
| Belarus (%) | 5.31 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Belgium (%) | -0.31 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
| Bosnia and Herzegovina (%) | -0.81 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.29 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 1.85 2023 | yearly | 1992 - 2023 |
| Brunei (%) | -1.49 2023 | yearly | 1992 - 2023 |
| Bulgaria (%) | 0.56 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | -0.17 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
| Chile (%) | -0.25 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
| China (%) | 4.27 2023 | yearly | 1953 - 2023 |
| Colombia (%) | 1.45 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Croatia (%) | -1.53 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Cyprus (%) | 1.85 Sep 2024 | quarterly | Jun 2005 - Sep 2024 |
| Czech Republic (%) | -1.09 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Denmark (%) | 2.92 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Ecuador (%) | 0.24 2022 | yearly | 1992 - 2022 |
| Egypt (%) | 0.46 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Estonia (%) | -1.39 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 0.29 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Finland (%) | 0.50 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| France (%) | -0.13 2023 | yearly | 1979 - 2023 |
| Georgia (%) | 3.38 2023 | yearly | 1997 - 2023 |
| Germany (%) | 0.00 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Ghana (%) | 0.65 2023 | yearly | 1992 - 2023 |
| Greece (%) | 1.73 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Hong Kong SAR, China (%) | 2.22 Sep 2024 | quarterly | Dec 1982 - Sep 2024 |
| Hungary (%) | -0.75 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Iceland (%) | -6.43 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| India (%) | 2.38 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
| Iran (%) | 3.00 2023 | yearly | 1992 - 2023 |
| Ireland (%) | -4.71 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Israel (%) | -2.24 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Italy (%) | -1.08 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Ivory Coast (%) | 3.12 2023 | yearly | 1992 - 2023 |
| Japan (%) | -0.12 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Kenya (%) | 2.70 2022 | yearly | 2011 - 2022 |
| South Korea (%) | 0.98 Sep 2024 | quarterly | Sep 1983 - Sep 2024 |
| Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
| Kyrgyzstan (%) | 3.15 2023 | yearly | 1993 - 2023 |
| Laos (%) | 1.51 2023 | yearly | 1992 - 2023 |
| Latvia (%) | 0.11 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 1.63 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Luxembourg (%) | -0.55 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Macau SAR, China (%) | 1.89 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| North Macedonia (%) | 1.97 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Malawi (%) | -2.12 2023 | yearly | 1992 - 2023 |
| Malaysia (%) | 2.41 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Malta (%) | -0.04 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Mauritius (%) | 33.41 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Mexico (%) | 1.03 Sep 2024 | quarterly | Jun 1996 - Sep 2024 |
| Moldova (%) | 6.48 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Mongolia (%) | 1.34 Sep 2024 | quarterly | Sep 2007 - Sep 2024 |
| Montenegro (%) | 1.43 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
| Mozambique (%) | 1.44 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
| Nepal (%) | -0.24 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | 0.82 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| New Zealand (%) | -0.18 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 2.96 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 4.33 2023 | yearly | 1992 - 2023 |
| Paraguay (%) | 6.19 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
| Peru (%) | -0.87 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 1.98 2023 | yearly | 1992 - 2023 |
| Poland (%) | 1.57 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Portugal (%) | 0.41 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Qatar (%) | -1.09 2023 | yearly | 2012 - 2023 |
| Romania (%) | -2.74 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 1.87 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Singapore (%) | 4.10 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
| Slovakia (%) | 1.62 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Slovenia (%) | 1.49 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| South Africa (%) | -1.50 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Spain (%) | 1.45 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 1.98 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Switzerland (%) | 1.47 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
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Learn more about what we doNepal Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Consolidated Fiscal Balance (USD mn) | -741.821 Sep 2024 | quarterly | Mar 2017 - Sep 2024 |
| Tax Revenue (USD mn) | 671,115.502 Mar 2024 | quarterly | Jun 2019 - Mar 2024 |
| Tax Revenue: % of GDP (%) | 19.1 2018 | yearly | 2001 - 2018 |
| National Government Debt (USD mn) | 14,538.4 2021 | yearly | 1990 - 2021 |
| Government Debt: % of GDP (%) | 39.9 2021 | yearly | 1990 - 2021 |
| Forecast: Government Expenditure (NPR bn) | 2,481.360 2029 | yearly | 2000 - 2029 |
| Forecast: Government Net Debt (NPR bn) | 4,641.672 2029 | yearly | 2000 - 2029 |
| Forecast: Government Revenue (NPR bn) | 2,220.299 2029 | yearly | 2000 - 2029 |
| Government Debt: Total (NPR mn) | 1,735,015.267 2021 | yearly | 1999 - 2021 |
| Government Debt: External (NPR mn) | 934,695.200 2021 | yearly | 1999 - 2021 |
| Government Domestic Debt: Annual: Bonds & Treasury Bills (NPR mn) | 1,179,464.880 2024 | yearly | 1986 - 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 0.000 | yearly | - |
| Trade Balance (USD mn) | -804.5 Nov 2024 | monthly | Aug 1974 - Nov 2024 |
| Total Exports (USD mn) | 106.1 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Total Exports Growth (%) | 47.5 Nov 2024 | monthly | Aug 2004 - Nov 2024 |
| Aluminum: Exports (USD th) | 570.142 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 9,980.716 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,557.101 2023 | yearly | 1996 - 2023 |
| Total Imports (USD mn) | 910.6 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Total Imports Growth (%) | 17.1 Nov 2024 | monthly | Aug 2004 - Nov 2024 |
| Imports: Medicament (USD th) | 175,698.810 2023 | yearly | 1998 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 217,440.422 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 14.309 Aug 2024 | monthly | Sep 1983 - Aug 2024 |
| Total Imports from USA (USD mn) | 7.814 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
| Total Exports to China (USD mn) | 0.979 Nov 2024 | monthly | Apr 2013 - Nov 2024 |
| Total Imports from China (USD mn) | 182.263 Nov 2024 | monthly | Apr 2013 - Nov 2024 |
| Exports: fob: Custom Basis (NPR mn) | 14,291.993 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Imports: cif: Custom Basis (NPR mn) | 122,635.717 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Exports: fob: Custom Basis: Other Countries (NPR mn) | 3,250.450 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Trade Balance: Custom Basis (NPR mn) | -108,343.724 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Imports: cif: Custom Basis: India (NPR mn) | 75,959.486 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Imports: cif: Custom Basis: Other Countries (NPR mn) | 22,130.937 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Exports: fob: Custom Basis: India (NPR mn) | 10,909.743 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Exports: fob: Custom Basis: China (NPR mn) | 131.801 Nov 2024 | monthly | Apr 2013 - Nov 2024 |
| Imports: cif: Custom Basis: China (NPR mn) | 24,545.295 Nov 2024 | monthly | Apr 2013 - Nov 2024 |
| Exports: Manufactured Goods Classified by Materials (NPR mn) | 6,270.133 Apr 2024 | monthly | Aug 2003 - Apr 2024 |
| Exports: Chemicals (NPR mn) | 535.188 Apr 2024 | monthly | Aug 2003 - Apr 2024 |
| Exports: Crude Materials Inedible: Except Fuel (NPR mn) | 367.577 Apr 2024 | monthly | Aug 2003 - Apr 2024 |
| Exports: Miscellaneous Manufactures Articles (NPR mn) | 1,331.133 Apr 2024 | monthly | Aug 2003 - Apr 2024 |
| Exports: Food & Live Animals (NPR mn) | 3,365.681 Apr 2024 | monthly | Aug 2003 - Apr 2024 |
| Export Volume Index (2015=100) | 171.601 2021 | yearly | 2000 - 2021 |
| Import Volume Index (2015=100) | 187.157 2021 | yearly | 2000 - 2021 |
| Import Value Index (2015=100) | 238.930 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 233.718 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 833.9 Oct 2024 | quarterly | Oct 2000 - Oct 2024 |
| Current Account Balance: % of GDP (%) | 3.9 2024 | yearly | 2001 - 2024 |
| Foreign Direct Investment (USD mn) | 15.9 Oct 2024 | quarterly | Oct 2000 - Oct 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.1 2024 | yearly | 2001 - 2024 |
| External Debt (USD mn) | 9,906.6 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| External Debt: % of GDP (%) | 17.3 2016 | yearly | 2001 - 2016 |
| External Debt: Short Term (USD mn) | 321.9 2022 | yearly | 1977 - 2022 |
| Forecast: Current Account Balance (USD bn) | -2.523 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | 1,716.243 Jun 2024 | quarterly | Dec 2012 - Jun 2024 |
| NP: BoP: Financial Account: Portfolio Investment (USD mn) | 0.000 Jun 2020 | quarterly | Mar 1977 - Jun 2020 |
| NP: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) | 0.000 Jun 2020 | quarterly | Mar 1977 - Jun 2020 |
| NP: BoP: Financial Account: Portfolio Investment: Assets (USD mn) | 0.000 Jun 2020 | quarterly | Mar 1977 - Jun 2020 |
| BoP: Current Account: Services: Debit (NPR mn) | -77,096.594 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Services (NPR mn) | -3,623.860 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Income (NPR mn) | 25,748.637 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Financial Account (NPR mn) | 63,943.939 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Income: Debit (NPR mn) | -8,061.763 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Goods: Import cif (NPR mn) | -423,332.921 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Services: Credit (NPR mn) | 73,472.734 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Financial Account: Liabilities (NPR mn) | 65,058.828 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Goods Balance (NPR mn) | -377,006.470 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Reserve Assets & Related Items (RR) (NPR mn) | -122,162.930 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Financial Account: Portfolio Investment (NPR mn) | 0.000 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Current Transfers: Credit (NPR mn) | 397,842.038 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Current Transfers (NPR mn) | 396,739.649 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Net Error & Omissions (NPR mn) | 15,324.796 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Goods: Exports fob (NPR mn) | 46,326.450 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account (NPR mn) | 41,857.955 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Current Transfers: Debit (NPR mn) | -1,102.389 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Current Account: Income: Credit (NPR mn) | 33,810.401 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Financial Account: Assets: Other Investment (OI) (NPR mn) | -3,033.999 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Financial Account: Direct Investment in Nepal (NPR mn) | 1,919.110 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| BoP: Capital Account (NPR mn) | 1,036.240 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.5 2015 | yearly | 2003 - 2015 |
| Non-Performing Loans (USD mn) | 267.883 2015 | yearly | 2003 - 2015 |
| Money Supply M1 (USD mn) | 7,245.205 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Money Supply M2 (USD mn) | 53,205.337 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| M2 Growth (%) | 12.4 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Reserve Requirement Ratio (%) | 4.0 Nov 2024 | monthly | Jul 2003 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 14,870.8 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 4.000 Nov 2024 | monthly | Jul 2003 - Nov 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 16.3 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Gold Reserves (USD mn) | 680.293 Oct 2024 | monthly | Jul 1957 - Oct 2024 |
| Total Deposits (USD mn) | 41,004.509 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Total Deposits Growth (%) | 5.8 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Domestic Credit (USD mn) | 49,189.1 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Domestic Credit Growth (%) | 5.3 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Total Loans (USD mn) | 34,296.881 Apr 2024 | monthly | Jan 2001 - Apr 2024 |
| Total Loans Growth (%) | 5.26 Apr 2024 | monthly | Jan 2002 - Apr 2024 |
| Private Debt: % of Nominal GDP (%) | 74.92 2023 | yearly | 2003 - 2023 |
| Monetary Survey: Domestic Credits (DO) (NPR mn) | 6,642,495.175 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Monetary Survey: Narrow Money M1 (NPR mn) | 978,392.470 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Monetary Survey: Broad Money M2 (NPR mn) | 7,184,848.700 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Commercial Banks: Deposits exclude Interbank (NPR mn) | 5,513,876.294 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Commercial Banks: Loans & Advances (NPR mn) | 1,945,068.90 Jan 2018 | monthly | Jan 2001 - Jan 2018 |
| CB: NPL (NPR mn) | 27,174.060 2015 | yearly | 2003 - 2015 |
More Indicators for Nepal
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