Average inflation measured by CPI rose 9.00% to 5.50% in Nepal in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Nepal reached an all time high of 5.50% in 2020 and an all time low of -0.031% in 1976. When compared to Nepal's main peers, average inflation measured by CPI in Bangladesh amounted to 6.06%, 4.83% in Bhutan, 2.65% in China and 4.57% in India in 2020.
Nepal has been ranked 40th within the group of 171 countries we follow in terms of average inflation measured by CPI, 15 places below the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Bangladesh | % | 0.057% | 0.055% | 0.056% | 6.06% | 5.81% | ||||||||||||||||
Bhutan | % | 0.050% | 0.027% | 0.027% | 4.83% | 4.68% | ||||||||||||||||
China | % | 0.016% | 0.021% | 0.029% | 2.65% | 2.80% | ||||||||||||||||
India | % | 0.025% | 0.049% | 0.077% | 4.57% | 4.26% | ||||||||||||||||
Japan | % | 0.005% | 0.010% | 0.005% | 1.66% | 1.05% | ||||||||||||||||
Myanmar | % | 0.046% | 0.069% | 0.088% | 5.70% | 5.50% | ||||||||||||||||
Nepal | % | 0.036% | 0.041% | 0.056% | 5.50% | 5.50% | ||||||||||||||||
Pakistan | % | 0.041% | 0.051% | 0.106% | 6.47% | 5.00% | ||||||||||||||||
Russia | % | 0.037% | 0.029% | 0.045% | 4.80% | 4.80% | ||||||||||||||||
Sri Lanka | % | 0.077% | 0.021% | 0.035% | 4.85% | 4.90% | ||||||||||||||||
USA | % | 0.021% | 0.024% | 0.018% | 2.30% | 2.19% |