Nepal Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Nepal's foreign reserves was $12.5B in 2025, ranked 75th globally. This represents a 0.0% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Nepal's foreign reserves stood at $12.5B in 2025, a decline of +$2.2M from 2023. Based on recent trends, this figure is projected to reach $12.5B by 2025. Nepal ranked 75th globally.
Nepal’s foreign‑exchange reserves have risen dramatically from a modest 19,273,663.60 in 1960 to 12,453,921,752.38 in 2025, placing the country 75th globally. The all‑time peak of 12,456,122,668.89 was recorded in 2023, indicating a plateau after several years of accumulation driven by remittances, tourism earnings and modest export growth. Compared with peer economies, Nepal’s reserve stock sits slightly below Bangladesh’s 12,909,884,256.18 and above Paraguay’s 11,058,322,155.87, reflecting a comparable but still limited buffer for external shocks. The upward trajectory over the 65‑year coverage period underscores the effectiveness of recent macro‑policy measures, yet the narrow margin above the trough suggests vulnerability to sudden capital outflows or commodity price swings. Continued diversification of export markets and sustained inflows from the diaspora will be crucial to maintain and potentially expand the reserve base in the coming years.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2026* trend | $13.0B | - | - |
| 2025* trend | $12.5B | - | - |
| 2025 | $12.5B | −$2.2M | #75 |
| 2023 | $12.5B | +$3.1B | #74 |
| 2022 | $9.3B | −$319.7M | #76 |
| 2021 | $9.6B | −$1.8B | #75 |
| 2020 | $11.5B | +$2.8B | #71 |
| 2019 | $8.7B | +$377.7M | #74 |
| 2018 | $8.3B | −$1.1B | #71 |
| 2017 | $9.4B | +$700.7M | #71 |
| 2016 | $8.7B | +$589.0M | #72 |
| 2015 | $8.1B | +$1.9B | #70 |
| 2014 | $6.2B | +$782.1M | #82 |
| 2013 | $5.4B | +$1.0B | #86 |
| 2012 | $4.4B | +$715.2M | #88 |
| 2011 | $3.7B | +$699.8M | #93 |
| 2010 | $3.0B | +$183.3M | #94 |
Detected Pattern
Analysis
Nepal matched the Stagflation Risk pattern in 2016. Historically, 38% of countries showing this pattern (117 out of 307) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Nepal's foreign reserves was $12.5B in 2025. Ranked 75th globally. This represents a 0.0% decrease from the previous year.
Nepal's foreign reserves peaked at $12.5B in 2023.
The lowest foreign reserves in Nepal was $19.3M in 1960.
Nepal ranks 75th globally in foreign reserves as of 2025.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Nepal's foreign reserves is projected to reach $12.5B by 2025 based on trend extrapolation.
Nepal's foreign reserves was approximately 12.45 billion ($12.5B) in 2025.
The foreign reserves of Nepal in 2025 was $12.5B. This ranks 75th in the world.
Cite this page
@misc{historysaid_nepal_reserves,
title = {Nepal Foreign Reserves},
url = {https://historysaid.com/nepal/reserves/},
publisher = {HistorySaid},
year = {2026}
}