Key Market Indicators
Nepal's air passenger traffic is projected to reach approximately 2.42 million by 2028, up from around 2.38 million in 2023. This marks a modest annual growth rate of 0.3%. Despite the anticipated growth, the demand for air travel in Nepal has experienced a significant decline since 1975, with an average yearly decrease of 12.1%. In 2023, Nepal ranked 73rd in global air passenger traffic, a position overtaken by Malta, which also recorded about 2.38 million passengers. In the broader context, China, India, and Ireland occupied the second, third, and fourth spots in the global ranking of air passenger traffic for the same year.
