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Economy of France vs Nepal compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $42.9B for Nepal, ranking 7/197 and 101/197 by economy size, respectively.

France has $3.58T in government debt (113.1% of GDP), compared to $20.7B (48.3% of GDP) in Nepal.

France vs Nepal GDP by year

France
Nepal
1x
Year GDP, current $
France Nepal
2024 $3,160,442,622,465 $42,914,268,287
2023 $3,056,250,648,138 $41,047,772,331
2022 $2,794,788,137,067 $41,182,939,601
2021 $2,966,433,692,008 $36,924,841,394
2020 $2,647,926,055,110 $33,433,659,301
2019 $2,722,793,515,172 $34,186,180,699
2018 $2,781,576,320,884 $33,111,525,237
2017 $2,588,868,323,335 $28,971,588,940
2016 $2,470,407,619,777 $24,524,109,484
2015 $2,442,483,452,643 $24,360,801,287
2014 $2,861,236,112,552 $22,731,612,922
2013 $2,816,077,607,875 $22,162,204,925
2012 $2,683,007,095,787 $21,703,100,877
2011 $2,870,408,553,990 $21,573,872,421
2010 $2,646,230,027,988 $16,002,656,434
2009 $2,700,075,882,519 $12,854,985,464
2008 $2,926,802,941,586 $12,545,438,605
2007 $2,655,816,911,867 $10,325,618,017
2006 $2,317,861,544,691 $9,043,715,356
2005 $2,192,146,403,028 $8,130,258,378
2004 $2,109,792,297,237 $7,273,938,315
2003 $1,835,095,983,049 $6,330,473,097
2002 $1,492,427,756,382 $6,050,875,807
2001 $1,370,376,677,299 $6,007,055,042
2000 $1,360,959,069,477 $5,494,252,208
1999 $1,486,915,879,702 $5,033,642,384
1998 $1,496,906,382,032 $4,856,255,044
1997 $1,449,392,222,971 $4,918,691,917
1996 $1,598,889,216,566 $4,521,580,381
1995 $1,595,219,345,512 $4,401,104,418
1994 $1,385,822,778,828 $4,066,775,510
1993 $1,314,383,368,080 $3,660,041,667
1992 $1,389,663,073,110 $3,401,211,581
1991 $1,258,961,748,634 $3,921,476,085
1990 $1,257,649,439,827 $3,627,560,239
1989 $1,016,742,237,302 $3,525,225,787
1988 $1,010,827,662,152 $3,487,009,748
1987 $926,320,855,615 $2,957,255,380
1986 $764,946,585,851 $2,850,782,044
1985 $547,220,981,165 $2,619,913,956
1984 $525,033,325,828 $2,581,207,388
1983 $553,356,312,936 $2,447,174,803
1982 $578,152,310,610 $2,395,423,742
1981 $609,184,791,792 $2,275,583,317
1980 $694,529,183,483 $1,945,916,583
1979 $608,218,624,730 $1,851,250,008
1978 $501,724,418,605 $1,604,162,497
1977 $406,401,711,688 $1,382,400,000
1976 $368,363,152,144 $1,452,788,985
1975 $357,324,307,786 $1,575,789,254
1974 $282,739,225,314 $1,217,953,547
1973 $261,970,536,240 $972,101,725
1972 $201,738,881,664 $1,024,098,400
1971 $164,694,210,962 $882,765,472
1970 $147,312,861,698 $865,975,309
1969 $140,660,914,841 $788,641,965
1968 $128,710,572,572 $772,231,387
1967 $118,088,635,381 $841,974,025
1966 $109,306,730,313 $906,811,944
1965 $100,927,668,584 $735,267,082
1964 $93,424,179,943 $496,098,775
1963 $84,227,606,650 $496,947,904
1962 $75,196,980,365 $574,091,101
1961 $67,158,050,215 $531,959,562
1960 $61,959,085,885 $508,334,414

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/nepal | CC BY

GDP per capita in France vs Nepal by year

France
GDP per capita

GDP per capita, PPP
Nepal
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Nepal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $46,103 $62,557 $1,447 $5,737
2023 $44,700 $60,839 $1,382 $5,395
2022 $40,989 $57,043 $1,386 $5,103
2021 $43,725 $52,517 $1,253 $4,546
2020 $39,170 $49,482 $1,154 $4,236
2019 $40,408 $51,130 $1,203 $4,261
2018 $41,418 $46,381 $1,179 $3,956
2017 $38,687 $44,469 $1,034 $3,605
2016 $37,024 $42,880 $877 $2,976
2015 $36,702 $40,905 $876 $2,957
2014 $43,148 $40,218 $821 $2,901
2013 $42,669 $39,583 $803 $2,658
2012 $40,864 $37,671 $788 $2,466
2011 $43,930 $37,510 $786 $2,248
2010 $40,695 $35,908 $585 $2,139
2009 $41,728 $34,685 $473 $2,029
2008 $45,465 $35,053 $465 $1,942
2007 $41,486 $34,066 $385 $1,809
2006 $36,432 $32,424 $340 $1,718
2005 $34,696 $30,431 $309 $1,628
2004 $33,645 $28,921 $279.6 $1,542
2003 $29,480 $28,024 $246.4 $1,453
2002 $24,145 $28,350 $238.9 $1,390
2001 $22,332 $27,347 $240.8 $1,388
2000 $22,341 $26,007 $223.8 $1,317
1999 $24,576 $24,204 $208.6 $1,234
1998 $24,869 $23,263 $205.1 $1,187
1997 $24,169 $22,190 $211.8 $1,162
1996 $26,758 $21,268 $198.8 $1,110
1995 $26,792 $20,701 $197.8 $1,058
1994 $23,360 $19,892 $187.3 $1,026
1993 $22,239 $19,094 $172.8 $952
1992 $23,615 $18,801 $165 $920
1991 $21,501 $18,198 $195.7 $889
1990 $21,586 $17,475 $185.8 $830
1989 $17,547 - $185 -
1988 $17,550 - $187.1 -
1987 $16,176 - $162 -
1986 $13,430 - $159.5 -
1985 $9,657 - $149.9 -
1984 $9,312 - $151.1 -
1983 $9,862 - $146.6 -
1982 $10,360 - $147 -
1981 $10,956 - $142.9 -
1980 $12,565 - $125.1 -
1979 $11,063 - $121.9 -
1978 $9,167 - $108.1 -
1977 $7,459 - $95.3 -
1976 $6,792 - $102.5 -
1975 $6,617 - $113.6 -
1974 $5,261 - $89.8 -
1973 $4,907 - $73.2 -
1972 $3,809 - $78.8 -
1971 $3,137 - $69.5 -
1970 $2,833 - $69.6 -
1969 $2,729 - $64.8 -
1968 $2,518 - $64.9 -
1967 $2,328 - $72.3 -
1966 $2,173 - $79.5 -
1965 $2,024 - $65.8 -
1964 $1,891 - $45.3 -
1963 $1,723 - $46.3 -
1962 $1,554 - $54.6 -
1961 $1,402 - $51.6 -
1960 $1,307 - $50.2 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/nepal | CC BY

France's GDP per capita is $46,103, ranking 27/197, compared to $1,447 in Nepal, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Nepal ranks 155th at $5,737.

Economic indicators

France Nepal
Gross domestic product
$3.16T
2024
$42.9B
2024
GDP rank
7/197
2024
101/197
2024
GDP growth
1.19%
2023-2024
3.67%
2023-2024
GDP per capita
$46,103
2024
$1,447
2024
GDP per capita rank
27/197
2024
164/197
2024
GDP per capita, PPP
$62,557
2024
$5,737
2024
GDP per capita PPP rank
30/197
2024
155/197
2024
Government debt
$3.58T
2024
$20.7B
2024
Debt-to-GDP ratio
113.1%
2024
48.3%
2024
Government debt per person
$52,165
2024
$700
2024
Government debt per person rank
8/185
2024
154/185
2024
Average annual personal income after taxes
$35,669
2026
$2,170
2026
Market capitalization of domestic companies
$2.37T
2018
n/a
Number of millionaires
2,897,000
2025
n/a
Number of billionaires
52
2025
2
2025
Income share by richest 10%
25%
2023
24.2%
2022
Income share by poorest 10%
3%
2023
3.7%
2022
Government expenditure, % of GDP
57.2%
2024
22.1%
2024
Consumer prices inflation
2%
2023-2024
4.69%
2023-2024
Unemployment rate
7.44%
2024
10.7%
2017
Population
68788006
29596762

Spending and national debt comparison by year

France
Spending

Debt
Nepal
Spending

Debt
1x
Year % of GDP
France Nepal
Government spending Government debt Government spending Government debt
2024 57.2% 113.1% 22.1% 48.3%
2023 56.8% 109.6% 25.1% 47%
2022 58.4% 111.4% 26.1% 42.7%
2021 59.5% 112.8% 27.2% 43.3%
2020 61.7% 114.9% 28.5% 43.3%
2019 55.3% 98.1% 27.1% 34%
2018 56.4% 98.5% 28% 31.1%
2017 57.7% 98.7% 23.6% 25%
2016 57.4% 98.1% 19% 25%
2015 57.6% 96.9% 17.7% 25.7%
2014 58.4% 96.1% 16.6% 27.6%
2013 58.6% 94.5% 15.5% 31.9%
2012 57.9% 91.7% 16.8% 34.5%
2011 57% 88.7% 16.3% 32.4%
2010 57.7% 86.3% 16.5% 35.4%
2009 58% 84.1% 17% 39.5%
2008 54.3% 69.8% 13.4% 36.8%
2007 53.6% 65.5% 13.1% 37.9%
2006 53.7% 65.4% 11.2% 42.9%
2005 54.3% 68.2% 12% 45.1%
2004 54% 66.9% 11.8% 51.3%
2003 54.4% 65.4% 12% 53%
2002 53.9% 61.3% 13% 51.8%
2001 52.8% 59.3% 12.9% 50.8%
2000 52.6% 59.7% 11.4% 50.8%
1999 53.7% 61.4% - -
1998 54% 62.1% - -
1997 55.6% 62% - -
1996 56% 60.6% - -
1995 56% 57.8% - -
1994 55.9% 51.6% - -
1993 56.5% 48.2% - -
1992 54% 41.7% - -
1991 52.7% 37.8% - -
1990 51.6% 36.8% - -
1989 48.9% 34% - -
1988 50.1% 33.3% - -
1987 50.7% 33.4% - -
1986 51.3% 31.1% - -
1985 51.9% 30.6% - -
1984 51.2% 29% - -
1983 50.2% 26.6% - -
1982 49.9% 25.3% - -
1981 48.5% 22% - -
1980 46% 20.7% - -
1979 44.9% 21.1% - -
1978 44.7% 21.2% - -
1977 21.4% 15% - -
1976 21.7% 15.1% - -
1975 22% 16.1% - -
1974 19.9% 15.4% - -
1973 19.7% 15.8% - -
1972 19.8% 17.7% - -
1971 20% 20.1% - -
1970 20.5% 21% - -
1969 21.5% 14.4% - -
1968 22.7% 15.8% - -
1967 21.4% 16.1% - -
1966 21.4% 15.3% - -
1965 21.1% 17.6% - -
1964 21% 19.6% - -
1963 22.6% 22.2% - -
1962 21.7% 23.6% - -
1961 21.9% 26.3% - -
1960 22.2% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/france/nepal | CC BY

In 2024, France's government spending was $1.81T, accounting for 57.2% of its GDP, while Nepal spent $9.5B, or 22.1% of GDP.

Debt-to-GDP ratio is 113.1% in France and 48.3% in Nepal, ranking 14/185 and 112/185, respectively.

Government deficit by year

Deficit/surplus
France

Nepal
1x
Year Deficit/surplus, % of GDP
France Nepal
2024 -5.77% -2.76%
2023 -5.44% -5.81%
2022 -4.74% -3.12%
2021 -6.58% -3.98%
2020 -8.93% -7.47%
2019 -2.39% -4.27%
2018 -2.32% -5.83%
2017 -3.36% -2.69%
2016 -3.76% 1.2%
2015 -3.89% 0.46%
2014 -4.57% 1.36%
2013 -4.94% 1.57%
2012 -5.17% -1.18%
2011 -5.3% -0.72%
2010 -7.16% -0.67%
2009 -7.38% -2.24%
2008 -3.5% -0.29%
2007 -2.99% -0.67%
2006 -2.66% 0.24%
2005 -3.5% 0.24%
2004 -3.55% -0.14%
2003 -4.09% -0.34%
2002 -3.18% -2.46%
2001 -1.42% -2.35%
2000 -1.32% -1.48%
1999 -1.55% -
1998 -2.39% -
1997 -3.71% -
1996 -3.89% -
1995 -5.11% -
1994 -5.46% -
1993 -6.4% -
1992 -4.64% -
1991 -2.89% -
1990 -2.45% -
1989 -1.9% -
1988 -2.7% -
1987 -2.13% -
1986 -3.3% -
1985 -3.08% -
1984 -2.8% -
1983 -2.58% -
1982 -2.91% -
1981 -2.39% -
1980 -0.27% -
1979 -0.36% -
1978 -1.73% -
1977 0.9% -
1976 1.01% -
1975 -0.28% -
1974 3.05% -
1973 1.97% -
1972 1.94% -
1971 -0.13% -
1970 0.02% -
1969 -0.49% -
1968 -2.54% -
1967 -0.8% -
1966 -0.57% -
1965 -0.07% -
1964 -0.25% -
1963 -2.24% -
1962 -1.53% -
1961 -1.36% -
1960 -1.95% -
1959 0.56% -
1958 0.08% -
1957 -1.99% -
1956 -2.62% -
1955 -1.04% -
1954 -0.78% -
1953 -4.79% -
1952 -6.82% -
1951 -4.42% -
1950 -5.56% -
1949 -7.31% -
1948 -9.11% -
1947 -7.6% -
1946 -8.1% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -6.89% -
1936 -4.76% -
1935 -4.22% -
1934 -4.31% -
1933 -4.96% -
1932 -1.86% -
1931 -2.06% -
1930 -1.65% -
1929 1.48% -
1928 1.13% -
1927 -0.04% -
1926 -0.02% -
1925 -0.87% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.05% -
1912 0.23% -
1911 0.31% -
1910 -0.12% -
1909 -0.11% -
1908 -0.15% -
1907 0.23% -
1906 -0.04% -
1905 0.18% -
1904 0.3% -
1903 0.21% -
1902 -0.37% -
1901 -0.39% -
1900 0.21% -
1899 0.21% -
1898 0.29% -
1897 0.01% -
1896 -0.03% -
1895 -0.07% -
1894 -0.08% -
1893 -0.3% -
1892 -0.03% -
1891 0.36% -
1890 0.31% -
1889 0.09% -
1888 0.18% -
1887 -0.07% -
1886 -0.5% -
1885 -0.59% -
1884 -0.35% -
1883 -0.23% -
1882 -0.15% -
1881 0.64% -
1880 0.65% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/france/nepal | CC BY

In 2024, France's government deficit, the difference between spending and revenue, was $182B, equivalent to 5.77% of GDP. This compares to Nepal's deficit of $1.19B, or 2.76% of GDP.

Over the past 25 years, France recorded a fiscal deficit in 25 of those years, while Nepal ran a deficit in 19 years. On average, France posted an annual deficit equal to 4.32% of GDP, compared to deficit of 1.74% of GDP for Nepal.

Inflation comparison by year

Inflation
France

Nepal
1x
Year Consumer prices inflation
France Nepal
2024 2% 4.69%
2023 4.88% 7.12%
2022 5.22% 7.67%
2021 1.64% 4.13%
2020 0.48% 5.06%
2019 1.11% 5.57%
2018 1.85% 4.41%
2017 1.03% 2.78%
2016 0.18% 8.79%
2015 0.04% 7.87%
2014 0.51% 8.36%
2013 0.86% 9.04%
2012 1.95% 9.46%
2011 2.11% 9.23%
2010 1.53% 9.33%
2009 0.09% 11.1%
2008 2.81% 9.91%
2007 1.49% 2.27%
2006 1.68% 6.92%
2005 1.75% 6.84%
2004 2.14% 2.84%
2003 2.1% 5.71%
2002 1.92% 3.03%
2001 1.63% 2.69%
2000 1.68% 2.48%
1999 0.54% 7.45%
1998 0.65% 11.2%
1997 1.2% 4.01%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/nepal | CC BY

Over the past 28 years, France has recorded an average annual inflation rate of 1.61%, compared with 6.43% in Nepal. In 2024, inflation was 2% in France and 4.69% in Nepal.

Top exports between countries

France
Export category Export value
Machinery & equipment $31.9M
Wood & paper products $19.4M
Chemicals & pharma $8.16M
Textiles & consumer goods $850K
Processed food, beverages & tobacco $676K
Animal & marine products $294K
Metals $270K
Raw materials & minerals $121K
Miscellaneous $49K
Precious metals & jewellery $7K
Nepal
Export category Export value
Textiles & consumer goods $10.6M
Precious metals & jewellery $902K
Chemicals & pharma $669K
Raw agricultural goods $562K
Wood & paper products $414K
Metals $59K
Miscellaneous $16K
Processed food, beverages & tobacco $11K
Machinery & equipment $5K
Animal & marine products $3K

Balance of trade

France Nepal
Current account balance
$2.69B
2024
$1.68B
2024
Current account balance ranking
42/190
2024
50/190
2024
Current account balance, % of GDP
+0.09%
2024
+3.91%
2024
Goods imports
$733B
2024
$12.1B
2024
Goods exports
$668B
2024
$1.54B
2024
Service imports
$341B
2024
$2.27B
2024
Service exports
$403B
2024
$1.9B
2024
Imports of goods and services, % of GDP
34.2%
2024
32.9%
2024
Exports of goods and services, % of GDP
33.9%
2024
7.62%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

France Nepal
Economic freedom 64.6 52.9
Economic freedom ranking 72/197 144/197
Property rights 91.2 38.8
Government integrity 73.4 38.9
Judicial effectiveness 84.7 42.9
Tax burden 54.6 84.3
Government spending 0.9 82.1
Fiscal health 34.8 71
Business freedom 78.4 60.8
Labor freedom 59.1 48.2
Monetary freedom 73.2 69.4
Trade freedom 79.4 58.6
Investment freedom 75 10
Financial freedom 70 30

Economic freedom comparison by year

France
Nepal
1x
Year Economic freedom index
France Nepal
2026 64.6 52.9
2025 64.4 52.5
2024 62.5 52.1
2023 63.6 51.4
2022 65.9 49.7
2021 65.7 50.7
2020 66 54.2
2019 63.8 53.8
2018 63.9 54.1
2017 63.3 55.1
2016 62.3 50.9
2015 62.5 51.3
2014 63.5 50.1
2013 64.1 50.4
2012 63.2 50.2
2011 64.6 50.1
2010 64.2 52.7
2009 63.3 53.2
2008 64.7 54.1
2007 62.1 54.4
2006 61.1 53.7
2005 60.5 51.4
2004 60.9 51.2
2003 59.2 51.5
2002 58 52.3
2001 58 51.6
2000 57.4 51.3
1999 59.1 53.1
1998 58.9 53.5
1997 59.1 53.6
1996 63.7 50.3
1995 64.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/france/nepal | CC BY

The Economic Freedom Index for France is 64.6, ranking 72/197, compared to 52.9 for Nepal, ranking 144/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

France Nepal
Services, % of GDP
70.9%
2024
55.2%
2024
Industry, % of GDP
17.2%
2024
11.4%
2024
Agriculture, forestry, and fishing, % of GDP
1.3%
2024
21.9%
2024
GNI, Atlas method
$3.1T
2024
$43.7B
2024
GNI per capita, PPP
$63,880
2024
$5,830
2024
Total reserves including gold
$283B
2024
$12.5B
2023
Total reserves ranking
13/177
2024
74/177
2023
Net foreign direct investment
-$10.3B
2024
-$56.9M
2024
Net inflows of foreign direct investment
$52.1B
2024
$56.9M
2024
Net outflows of foreign direct investment
$41.7B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
1.23%
2024
Poverty at national poverty lines
15.6%
2021
20.3%
2022
Gross capital formation, % of GDP
21.5%
2024
30.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/france/nepal | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.