Service exports — all countries

Service exports — Nepal

Service exports in Nepal in 2024 — 1,897,132,944 US$. Ranked 111 in the world out of 165. Since 1976, the indicator has risen by 2,992.2%.

2024 1.9B US$ +14.52% vs 2023
World rank 111of 165
Period maximum 1.9B US$2024
Period minimum 61.35M US$1976

Trend over time

1976–2024 · US$

Service exports — Nepal, 1976–20240500M1B1.5B2B197619811986199119962001200620112016202120241976: 61,352,000 US$1977: 72,224,000 US$1978: 99,129,492 US$1979: 111,491,667 US$1980: 155,016,667 US$1981: 155,489,774 US$1982: 160,182,779 US$1983: 171,029,448 US$1984: 159,174,884 US$1985: 157,389,119 US$1986: 176,613,408 US$1987: 217,689,002 US$1988: 223,799,702 US$1989: 203,107,836 US$1990: 204,359,985 US$1991: 239,849,991 US$1992: 273,800,074 US$1993: 333,236,144 US$1994: 579,248,577 US$1995: 679,043,213 US$1996: 757,459,465 US$1997: 865,699,997 US$1998: 565,142,919 US$1999: 655,090,780 US$2000: 505,933,912 US$2001: 413,292,994 US$2002: 305,218,852 US$2003: 372,095,085 US$2004: 460,865,662 US$2005: 380,346,967 US$2006: 385,697,634 US$2007: 511,333,255 US$2008: 723,663,311 US$2009: 704,781,420 US$2010: 670,944,896 US$2011: 863,470,844 US$2012: 924,625,218 US$2013: 1,188,369,270 US$2014: 1,388,507,965 US$2015: 1,430,479,193 US$2016: 1,354,298,955 US$2017: 1,594,768,869 US$2018: 1,745,349,895 US$2019: 1,615,309,509 US$2020: 881,232,951 US$2021: 797,890,850 US$2022: 1,257,206,438 US$2023: 1,656,605,240 US$2024: 1,897,132,944 US$
Change over the period: +1.84B (+2,992.21%) Average annual rate: 7.41 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Nepal

Nepal 1.9B US$
World 8.85T US$
South Asia 397B US$
Southern Asia computed 405B US$
Lower-middle-income countries computed 639B US$
Service exports — Nepal, by year Nepal All countries CSV XLSX
Year US$ Change Change, %
2024 1.9B +241M +14.52%
2023 1.66B +399M +31.77%
2022 1.26B +459M +57.57%
2021 798M −83.34M −9.46%
2020 881M −734M −45.44%
2019 1.62B −130M −7.45%
2018 1.75B +151M +9.44%
2017 1.59B +240M +17.76%
2016 1.35B −76.18M −5.33%
2015 1.43B +41.97M +3.02%
2014 1.39B +200M +16.84%
2013 1.19B +264M +28.52%
2012 925M +61.15M +7.08%
2011 863M +193M +28.69%
2010 671M −33.84M −4.8%
2009 705M −18.88M −2.61%
2008 724M +212M +41.52%
2007 511M +126M +32.57%
2006 386M +5.35M +1.41%
2005 380M −80.52M −17.47%
2004 461M +88.77M +23.86%
2003 372M +66.88M +21.91%
2002 305M −108M −26.15%
2001 413M −92.64M −18.31%
2000 506M −149M −22.77%
1999 655M +89.95M +15.92%
1998 565M −301M −34.72%
1997 866M +108M +14.29%
1996 757M +78.42M +11.55%
1995 679M +99.79M +17.23%
1994 579M +246M +73.83%
1993 333M +59.44M +21.71%
1992 274M +33.95M +14.15%
1991 240M +35.49M +17.37%
1990 204M +1.25M +0.62%
1989 203M −20.69M −9.25%
1988 224M +6.11M +2.81%
1987 218M +41.08M +23.26%
1986 177M +19.22M +12.21%
1985 157M −1.79M −1.12%
1984 159M −11.85M −6.93%
1983 171M +10.85M +6.77%
1982 160M +4.69M +3.02%
1981 155M +473,108 +0.31%
1980 155M +43.53M +39.04%
1979 111M +12.36M +12.47%
1978 99.13M +26.91M +37.25%
1977 72.22M +10.87M +17.72%
1976 61.35M

Southern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

Source: World Development Indicators (World Bank), license CC BY 4.0.