Remittances in Nepal

Nepal: Remittances was 25.99 in 2024. ◆ Volatile

Latest (2024)
25.99
Change on year
down 0.9%
World rank
7th
of 194 countries
All-time high
27.63
in 2015
All-time low
0.9767
in 1996
Years of data
32
1993–2024

Remittances in Nepal, 1993–2024

01020301993200820241993: 1.51994: 1.21995: 1.31996: 0.9771997: 11998: 1.41999: 1.72000: 22001: 2.42002: 11.22003: 12.22004: 11.32005: 14.92006: 16.12007: 16.82008: 21.72009: 23.22010: 21.62011: 19.52012: 22.12013: 25.22014: 25.92015: 27.62016: 272017: 23.92018: 252019: 24.12020: 24.32021: 22.32022: 22.92023: 26.22024: 26

Source: Our World in Data.

Analysis

In 2024, remittances in Nepal stood at 25.99.

That represents a change of down 0.9% on the previous year and up 0.3% over ten years.

Over the whole period, remittances in Nepal peaked at 27.63 in 2015 and was at its lowest, 0.9767, in 1996.

Nepal ranks 7th of 194 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances in Nepal, year by year

Annual values for Remittances in Nepal, 1993 to 2024.
Year Value Change
1993 1.5 —
1994 1.23 -17.7%
1995 1.29 +4.8%
1996 0.9767 -24.4%
1997 1.01 +3.0%
1998 1.39 +38.2%
1999 1.66 +19.3%
2000 2.03 +22.4%
2001 2.45 +20.6%
2002 11.21 +358.3%
2003 12.18 +8.6%
2004 11.31 -7.2%
2005 14.91 +31.8%
2006 16.07 +7.8%
2007 16.79 +4.5%
2008 21.74 +29.5%
2009 23.21 +6.8%
2010 21.65 -6.7%
2011 19.55 -9.7%
2012 22.08 +13.0%
2013 25.19 +14.1%
2014 25.91 +2.8%
2015 27.63 +6.6%
2016 26.96 -2.4%
2017 23.91 -11.3%
2018 25.03 +4.7%
2019 24.12 -3.6%
2020 24.25 +0.6%
2021 22.28 -8.1%
2022 22.85 +2.6%
2023 26.22 +14.7%
2024 25.99 -0.9%

Nepal compared with similar countries

  • Nepal's 25.99 is above the median for lower middle income countries, which is 6.01, 4.3× the median. (47 countries reporting)
  • Nepal's 25.99 is above the median for South Asia, which is 5.28, 4.9× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Remittances in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2002 +358.3% 2.45 11.21

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.29 0.9767 1.66 7
2000s 13.19 2.03 23.21 10
2010s 24.2 19.55 27.63 10
2020s 24.32 22.28 26.22 5

Countries ranked near Nepal

  1. 4 Honduras 30.12 compare
  2. 5 El Salvador 27.51 compare
  3. 6 Nicaragua 26.63 compare
  4. 8 Bermuda 23.66 compare
  5. 9 Marshall Islands 23.48 compare
  6. 10 Samoa 22.37 compare

See the full ranking of 194 places →

More reference data data for Nepal

All data for Nepal →

Frequently asked questions

What is remittances in Nepal?
Remittances in Nepal was 25.99 in 2024, according to Our World in Data.
What is the highest remittances recorded in Nepal?
The highest recorded value was 27.63 in 2015.
What is the lowest remittances recorded in Nepal?
The lowest recorded value was 0.9767 in 1996.
How does Nepal rank for remittances?
Nepal ranks 7th out of 194 countries with data for 2024.
Is remittances rising or falling in Nepal?
Over the last ten years it is up 0.3%. The long-run trend across the full record is volatile.
Where does this Nepal data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Nepal. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/nepal/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed