Agriculture > products
rice, corn, wheat, sugarcane, root crops; milk, water buffalo meat |
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Aid as % of GDP
|
7.1% |
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[41st of 129]
|
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Definition: Economy > Aid as % of GDP |
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Debt > External
|
$3,070,000,000.00 |
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[109th of 136]
|
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Definition: Economy > Debt > External |
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Distribution of family income > Gini index
|
47.2 |
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[4th of 43]
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Definition: Economy > Distribution of family income > Gini index |
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Economic freedom
|
1.5 |
|
[122nd of 156]
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Definition: Economy > Economic freedom |
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. |
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Definition: Economy > Economy > Overview |
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Exports
|
$830,000,000.00 |
|
[142nd of 189]
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Definition: Economy > Exports |
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GDP
|
$8,051,663,000.00 |
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[107th of 203]
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Definition: Economy > GDP |
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GDP > PPP
|
$37,415,000,000.00 |
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[77th of 163]
|
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Definition: Economy > GDP > PPP |
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GDP > Real growth rate
|
3.2% |
|
[138th of 198]
|
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Definition: Economy > GDP > Real growth rate |
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GINI index
|
47.17
|
|
[5th of 40]
|
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Definition: Economy > GINI index |
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Gross National Income
|
$5,830,440,000.00 |
|
[96th of 172]
|
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Definition: Economy > Gross National Income |
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Human Development Index
|
0.526 |
|
[137th of 178]
|
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Definition: Economy > Human Development Index |
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Income category
|
Low income |
|
|
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Definition: Economy > Income category |
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Income distribution > Poorest 10%
|
3.2% |
|
[31st of 114]
|
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Definition: Economy > Income distribution > Poorest 10% |
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Income distribution > Richest 10%
|
29.8% |
|
[63rd of 114]
|
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Definition: Economy > Income distribution > Richest 10% |
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Population below poverty line
|
30.9% |
|
[26th of 46]
|
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Definition: Economy > Population below poverty line |
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Population under $1 a day
|
37.7 |
|
[14th of 59]
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Definition: Economy > Population under $1 a day |
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Poverty > Share of all poor people
|
0.78 % of world's poor |
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[12th of 80]
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Definition: Economy > Poverty > Share of all poor people |
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Technological achievement
|
0.08 |
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[66th of 68]
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Definition: Economy > Technological achievement |
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