Inflation Rate (CPI): Nepal
Nepal's inflation rate (cpi) is currently 4.2% as of 2026. # Nepal Inflation Rate (CPI) Nepal's inflation rate stands at 4.
Current (2026)
4.2%
+2.4% y/y
Peak (1992)
21.1%
Low (2001)
2.4%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Nepal
1980 — 2026
Inflation Rate (CPI) — Nepal
Analysis# Nepal Inflation Rate (CPI)
Nepal's inflation rate stands at 4.2% in 2026, reflecting moderate price growth within a historically volatile range. Since 1980, the rate has declined 57.1% overall, dropping from earlier peaks toward current stabilized levels. The country experienced its highest inflation of 21.1% in 1992 during economic turbulence, while the lowest point of 2.4% occurred in 2001. Current readings remain well below both extremes, positioning Nepal within a manageable inflation band.
Recent years reveal significant volatility, with inflation surging to 7.7% in 2023 before declining to 4.1% in 2025 and holding steady at 4.2% in 2026. This downward trajectory from 2023's peak suggests successful monetary management and stabilizing price pressures. The pattern indicates Nepal's economy has achieved relative price stability compared to the dramatic swings of the 1990s, with current projections suggesting inflation will remain within the 4–5% range going forward.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 5.0% | +0.00% |
| 2029 | 5.0% | +0.00% |
| 2028 | 5.0% | +0.00% |
| 2027 | 5.0% | +19.05% |
| 2026 | 4.2% | +2.44% |
| 2025 | 4.1% | -24.07% |
| 2024 | 5.4% | -29.87% |
| 2023 | 7.7% | +20.31% |
| 2022 | 6.4% | +77.78% |
| 2021 | 3.6% | -40.98% |
| 2020 | 6.1% | +32.61% |
| 2019 | 4.6% | +12.20% |
| 2018 | 4.1% | -8.89% |
| 2017 | 4.5% | -54.55% |
| 2016 | 9.9% | +26.92% |
| 2015 | 7.8% | -13.33% |
| 2014 | 9.0% | -9.09% |
| 2013 | 9.9% | +19.28% |
| 2012 | 8.3% | -13.54% |
| 2011 | 9.6% | +0.00% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 9.6% | -23.81% |
| 2009 | 12.6% | +88.06% |
| 2008 | 6.7% | +8.06% |
| 2007 | 6.2% | -22.50% |
| 2006 | 8.0% | +77.78% |
| 2005 | 4.5% | +12.50% |
| 2004 | 4.0% | -14.89% |
| 2003 | 4.7% | +62.07% |
| 2002 | 2.9% | +20.83% |
| 2001 | 2.4% | -29.41% |
| 2000 | 3.4% | -70.18% |
| 1999 | 11.4% | +37.35% |
| 1998 | 8.3% | +2.47% |
| 1997 | 8.1% | +12.50% |
| 1996 | 7.2% | -6.49% |
| 1995 | 7.7% | -14.44% |
| 1994 | 9.0% | +1.12% |
| 1993 | 8.9% | -57.82% |
| 1992 | 21.1% | +167.09% |
| 1991 | 7.9% | -11.24% |
| 1990 | 8.9% | +9.88% |
| 1989 | 8.1% | -26.36% |
| 1988 | 11.0% | -17.29% |
| 1987 | 13.3% | -16.35% |
| 1986 | 15.9% | +287.80% |
| 1985 | 4.1% | -33.87% |
| 1984 | 6.2% | -56.34% |
| 1983 | 14.2% | +36.54% |
| 1982 | 10.4% | -22.39% |
| 1981 | 13.4% | +36.73% |
| 1980 | 9.8% | — |
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