Nepal Economic Statistics and Indicators
31, May 2016, EDT. Welcome to the Nepal economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.
Economic Indicators For: Nepal › Change country
National or Regional Currency: Nepalese Rupee, NPR
Year of data: 2014 › Change year
Number of Indicators Listed: 31
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 30,986,975 (July 2014 est.)
Area: total: 147,181 sq km ; land: 143,351 sq km ; water: 3,830 sq km
Natural Resources: quartz, water, timber, hydropower, scenic beauty, small deposits of lignite, copper, cobalt, iron ore
Capital: name: Kathmandu ; geographic coordinates: 27 43 N, 85 19 E ; time difference: UTC+5.75 (10.75 hours ahead of Washington, DC, during Standard Time)
Nepal is among the poorest and least developed countries in the world, with about one-quarter of its population living below the poverty line. Nepal is heavily dependent on remittances, which amount to as much as 22-25% of GDP. Agriculture is the mainstay of the economy, providing a livelihood for more than 70% of the population and accounting for a little over one-third of GDP. Industrial activity mainly involves the processing of agricultural products, including pulses, jute, sugarcane, tobacco, and grain. Nepal has considerable scope for exploiting its potential in hydropower, with an estimated 42,000 MW of commercially feasible capacity, but political uncertainty and a difficult business climate have hampered foreign investment. Additional challenges to Nepal's growth include its landlocked geographic location, persistent power shortages, underdeveloped transportation infrastructure, civil strife and labor unrest, and its susceptibility to natural disaster. The lack of political consensus in the past several years has delayed national budgets and prevented much-needed economic reform, although the government passed a full budget in 2013.
More on the Nepal Economy
More on the Nepal Export, Import and Trade
GDP (Constant Prices, National Currency) for Nepal in year 2014 is NPR 734.219 Billion.
GDP (Current Prices, National Currency) for Nepal in year 2014 is NPR 1,928.52 Billion.
GDP (Current Prices, US Dollars) for Nepal in year 2014 is US$ 19.637 Billion.
GDP Deflator for Nepal in year 2014 is 262.662 (Index, Base Year as per country's accounts = 100).
GDP Per Capita (Constant Prices, National Currency) for Nepal in year 2014 is NPR 26,120.51 .
GDP Per Capita (Current Prices, National Currency) for Nepal in year 2014 is NPR 68,608.76 .
GDP Per Capita (Current Prices, US Dollars) for Nepal in year 2014 is US$ 698.592 .
GDP (PPP), US Dollars for Nepal in year 2014 is US$ 66.918 Billion.
GDP Per Capita (PPP), US Dollars for Nepal in year 2014 is US$ 2,380.67 .
Investment (% of GDP) for Nepal in year 2014 is 28.883 %.
Inflation, Average Consumer Prices (Indexed to Year 2000) for Nepal in year 2014 is 198.175 (Index, Base Year 2000 = 100).
Inflation, End of Year (Indexed to Year 2000) for Nepal in year 2014 is 205.9 (Index, Base Year 2000 = 100).
Population for Nepal in year 2014 is 28.109 Million .
General government revenue (National Currency) for Nepal in year 2014 is NPR 404.157 Billions.
General government total expenditure (National Currency) for Nepal in year 2014 is NPR 361.817 Billions.
Total Government Net Lending/ Borrowing (National Currency) for Nepal in year 2014 is NPR 42.34 Billions.
Fiscal Year Gross Domestic Product, Current Prices for Nepal in year 2014 is NPR 1,928.52 Billions.
Current Account Balance (US Dollars) for Nepal in year 2014 is US$ 0.91 Billion.
|Number of Internet Users for Nepal|
|Internet Penetration Rate for Nepal|
|Number of Facebook Accounts for Nepal|
|Facebook Penetration Rate for Nepal|
|Corruption Perceptions Index Rank and Score for Nepal|
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International