Agriculture > products
rice, corn, wheat, sugarcane, root crops; milk, water buffalo meat |
|
Aid as % of GDP
|
7.1% |
|
[41st of 129]
|
|
Source: CIA World Factbook, 28 July 2005 |
|
Debt > External
|
$3,070,000,000.00 |
|
[109th of 136]
|
|
Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Distribution of family income > Gini index
|
47.2 |
|
[4th of 43]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Economic freedom
|
1.5 |
|
[122nd of 156]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview
Nepal is among the poorest and least developed countries in the world with almost one-third of its population living below the poverty line. Agriculture is the mainstay of the economy, providing a livelihood for three-fourths of the population and accounting for 38% of GDP. Industrial activity mainly involves the processing of agricultural produce including jute, sugarcane, tobacco, and grain. Security concerns relating to the Maoist conflict have led to a decrease in tourism, a key source of foreign exchange. Nepal has considerable scope for exploiting its potential in hydropower and tourism, areas of recent foreign investment interest. Prospects for foreign trade or investment in other sectors will remain poor, however, because of the small size of the economy, its technological backwardness, its remoteness, its landlocked geographic location, its civil strife, and its susceptibility to natural disaster. |
|
Source: The Heritage Foundation |
|
Exports
|
$830,000,000.00 |
|
[142nd of 189]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP
|
$8,051,663,000.00 |
|
[107th of 203]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP > PPP
|
$37,415,000,000.00 |
|
[77th of 163]
|
|
Source: World Development Indicators database and CIA World Factbook |
|
GDP > Real growth rate
|
3.2% |
|
[138th of 198]
|
|
Source: World Bank. 2005. World Development Indicators 2005. |
|
GINI index
|
47.17
|
|
[5th of 40]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Gross National Income
|
$5,830,440,000.00 |
|
[96th of 172]
|
|
Source: World Development Indicators database |
|
Human Development Index
|
0.526 |
|
[137th of 178]
|
|
Income category
|
Low income |
|
|
|
Source: Human Development Report 2006, United Nations Development Programme |
|
Income distribution > Poorest 10%
|
3.2% |
|
[31st of 114]
|
|
Source: |
|
Income distribution > Richest 10%
|
29.8% |
|
[63rd of 114]
|
|
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Population below poverty line
|
30.9% |
|
[26th of 46]
|
|
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Population under $1 a day
|
37.7 |
|
[14th of 59]
|
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Poverty > Share of all poor people
|
0.78 % of world's poor |
|
[12th of 80]
|
|
Source: World Bank 2002b via backone.pdf |
|
Technological achievement
|
0.08 |
|
[66th of 68]
|
|
Source: Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling |
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