Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal witnessed a massive addition of nearly 400,000 new vehicles across the country last fiscal year. According to a study by the Nepal Rastra Bank (NRB), a total of 376,393 new vehicles were added in the Fiscal Year (FY) 2081/82 (mid-July 2024 to mid-July 2025).
The majority of this increase was driven by motorcycles. The NRB study indicates that 294,398 new motorcycles were registered last year, while 81,995 other types of vehicles were added.
Compared to the previous FY 2080/81, when 273,074 vehicles were registered, the number of vehicles added across the country increased by 37.83 percent in the last fiscal year. The growth rate for motorcycles was 26.59 percent, while the registration of other vehicles saw a sharp rise of 102.34 percent.
The Nepal Rastra Bank’s study attributes this high growth rate to the increasing use of two-wheelers and electric vehicles.
Vehicle Registration Status by Province (FY 2081/82)
Key Highlights and Regional TrendsBagmati Province recorded the highest number of registrations with 135,866 vehicles, including 102,811 motorcycles.
Lumbini Province saw 75,087 registrations, with 70,714 being motorcycles.
In Karnali Province, vehicle registration increased by 32.39 percent compared to the preceding fiscal year.
In Gandaki Province, the increase is attributed to the revitalization of the economic sector, the lifting of import restrictions, and a growing number of young people using vehicles.
Vehicle registration has also recently commenced at Transport Management Offices in Dadeldhura and Doti districts, reflecting the expansion of vehicle accessibility into more remote regions.
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