Kathmandu. Nepal’s economy is projected to grow by 3.51 percent in the third quarter of the current fiscal year 2082-83. According to the quarterly national accounts data released by the National Statistics Office on Monday, the expansion of electricity generation and distribution, banking and insurance, trade and transport sector has supported the overall economic growth by boosting economic activities. <\/p>\n
According to the office, 16 out of 18 industrial classifications of the economy showed positive growth in the third quarter. The electricity and gas sector grew the most by 24.88 per cent followed by financial and insurance sector by 10.27 per cent, transport and storage by 7.83 per cent and wholesale and retail trade by 5.25 per cent. <\/p>\n
However, the slowdown in the agricultural and industrial sectors has not allowed the overall economic growth to reach the expected pace. The agriculture sector, which is the largest contributor to the economy, has grown by only 1.58 percent while the manufacturing industries have shrunk by 0.54 percent. Similarly, the public administration and defense sector was negative by 1.59 percent. <\/p>\n
KATHMANDU: The National Statistics Office (NSO) has said that the economic growth rate is moderate due to a decrease in the import of construction materials, a decline in paddy production and a fall in the domestic production of some goods. However, the expansion of energy production and service sector has played an important role in propelling the economy in a positive direction, the report said. <\/p>\n
The economy expanded 0.58 percent in the third quarter compared to the second quarter, after adjusting for seasonal impacts. According to the National Statistics Office (NSO), the quarterly national accounts are used as an important basis for policy-making and economic analysis as they indicate the short-term state of the economy and the activities of various sectors. <\/p>\n
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Kathmandu. Nepal’s economy is projected to grow by 3.51 percent in the third quarter of the current fiscal year 2082-83. According to the quarterly national accounts data released by the National Statistics Office on Monday, the expansion of electricity generation and distribution, banking and insurance, trade and transport sector has supported the overall economic growth […]<\/p>\n","protected":false},"author":1,"featured_media":32277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[90,123,126,129,147],"tags":[],"class_list":["post-32282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-en","category-banking-update-en","category-banking-news-en","category-special-en","category-news-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/english.bankingsansar.com\/wp-content\/uploads\/2026\/07\/banking-news.jpg","publishedDateNp":"\u0968\u0968 \u0905\u0938\u093e\u0930 \u0968\u0966\u096e\u0969, \u0938\u094b\u092e\u092c\u093e\u0930 \u0967\u0969:\u0969\u0966","_links":{"self":[{"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/posts\/32282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/comments?post=32282"}],"version-history":[{"count":1,"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/posts\/32282\/revisions"}],"predecessor-version":[{"id":32283,"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/posts\/32282\/revisions\/32283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/media\/32277"}],"wp:attachment":[{"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/media?parent=32282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/categories?post=32282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.bankingsansar.com\/bs_api\/wp\/v2\/tags?post=32282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}