Finance Minister presents Economic Survey 2082/83 at HoR meet

KATHMANDU: The Economic Survey of fiscal year 2025/26 has been presented in today's meeting of the House of Representatives.

Finance Minister Dr Swarnim Wagle presented the Economic Survey in the meeting.

Similarly, Secretary at the House of Representatives, Prakash Adhikari, tabled the Intangible Cultural Heritages (Conservation) Bill, 2081, which originated in the National Assembly, with a message received from the NA in the meeting. 

The survey offers a detailed evaluation of Nepal’s macroeconomic situation, covering public finance, banking indicators, price movements and structural developments. For the current fiscal year 2025/26, the report estimates real gross domestic product growth at 3.68% at basic prices. The service sector leads the expansion, projected to grow by 4.21%, while the industrial sector is expected to record a positive turnaround with 3.40% growth. Agricultural growth is slower at 1.63%. Per capita gross national income at constant prices is reported at Rs. 98,301.

The survey records average consumer inflation for the current fiscal year at 2.13%, down from 4.06% in the previous year. Point-to-point data up to Falgun 2082 (mid-March, 2026) show localised price pressures in food items such as vegetables, ghee, oil and fruits, and in non-food categories, including alcohol, tobacco and education.

Public debt is reported at 43.6% of GDP, amounting to Rs. 2,878.3 billion, with external debt accounting for 53.2% of the total and internal debt 46.8%. The banking sector shows signs of excess liquidity: total deposits rose by 6.64%, while credit growth to the private sector remained subdued at 4.4%.

On external balances and infrastructure, the survey projects a current account surplus of 6.9% of GDP for 2026. The report also notes that Nepal has achieved full electricity access for its population of 30.28 million.