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Started 6 days ago · Updated 5 days ago

Bagmati Province Dominates Nepal's Economy, Outperforming National Growth

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Bagmati Province is projected to contribute 36.7% to Nepal's economy in FY 2025/26, significantly outpacing other provinces, according to the National Statistics Office (NSO). The province is also expected to achieve the highest growth rate at 5.40%, exceeding the national estimate of 3.85%. In contrast, Madhesh Province is anticipated to have the lowest growth rate at 1.31%.

  • Bagmati Province's economy is estimated at Rs. 2.42 trillion out of Nepal's total GDP of Rs. 6.6 trillion for FY 2025/26.
  • Gandaki Province is projected to be the second-fastest growing at 5.01%, also surpassing the national average.
  • Karnali Province is expected to contribute the least to the national economy at 4.2% (Rs. 277 billion).
  • Wholesale and retail trade dominate Bagmati's economy, unlike other provinces where agriculture remains the largest contributor.
  • Madhesh and Karnali provinces are showing a decline in economic performance compared to the previous fiscal year.

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