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Imports of Services (BoP, USD) rose 42.6% to USD 1.56 bil in Nepal in 2021

Imports of Services (BoP, USD) (USD bil), 2021
Economy | Nepal | February 1, 2023
$2.99
Excel Sheet

Imports of services as a part of balance of payment rose 42.6% to USD 1.56 bil in Nepal in 2021, according to the National Statistical Office.

Historically, imports of services as a part of balance of payment in Nepal reached an all time high of USD 1.78 bil in 2018 and an all time low of USD 0.043 bil in 1976. When compared to Nepal's main peers, imports of services as a part of balance of payment in Bangladesh amounted to USD 10.9 bil, USD 0.136 bil in Bhutan, USD 438 bil in China and USD 138 bil in India in 2021.

Nepal has been ranked 105th within the group of 140 countries we follow in terms of imports of services as a part of balance of payment, 29 places above the position seen 10 years ago.

Imports of Services (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Bangladesh USD bil 7.72 7.80 8.50 9.62 9.56
Bhutan USD bil ... ... ... ... ... 0.195 0.207 0.210 0.228 0.219
China USD bil 436 442 472 526 506
India USD bil 82.6 95.9 109 124 131
Japan USD bil 179 186 193 203 219
Myanmar USD bil 2.39 2.51 2.88 3.46 3.66 ... ...
Nepal USD bil 1.20 1.25 1.62 1.78 1.72
Pakistan USD bil 8.81 9.71 11.7 11.7 10.3
Russia USD bil 88.8 74.6 88.9 94.7 98.5
Sri Lanka USD bil 4.07 4.26 4.42 4.61 4.62 ...
USA USD bil 498 513 548 565 594