Nepalese rupees
Nepali
29/03/24
06:47 PM
Southern Asia, between China and India
total: 147,181 sq km land: 143,351 sq km water: 3,830 sq km
varies from cool summers and severe winters in north to subtropical summers and mild winters in south
30,666,598 (2022 est.)
With nearly
a quarter of its population living in poverty, Nepal is one of the least
developed nations in the world. Remittances account for up to 30% of Nepal's
GDP, and the country is largely dependent on them. Although it supports less
than a third of GDP yet provides a living for over two-thirds of the
population, agriculture is the foundation of the economy. Processing
agricultural products like grains, sugarcane, tobacco, jute, and pulses make up
the bulk of industrial activities. With an estimated 42,000 MW of economically
viable hydroelectric capacity, Nepal has plenty of room to fully use its potential.
Nepal has signed trade and investment agreements with China, India, and other
nations; nevertheless, due to political unrest and a challenging business
environment, international investment has been limited. In September 2017, the
United States and Nepal agreed to a $500 million Millennium Challenge
Corporation Compact, which will help Nepal's transportation infrastructure be
maintained and its electrical infrastructure expanded. Massive earthquakes that
hit Nepal at the beginning of 2015 damaged or destroyed homes and
infrastructure, slowing down economic growth. Government-led restoration
operations have slowly picked up speed, even though political impasse and a
lack of resources have hampered post-earthquake rehabilitation. However, many
severely affected districts have still received minimal aid. The country's
landlocked status, erratic electrical supply, and inadequate transportation
infrastructure all provide additional obstacles to Nepal's development.
Nepali
Chhettri 16.6%, Brahman-Hill 12.2%, Magar 7.1%, Tharu 6.6%, Tamang 5.8%, Newar 5%, Kami 4.8%, Muslim 4.4%, Yadav 4%, Rai 2.3%, Gurung 2%, Damai/Dholii 1.8%, Thakuri 1.6%, Limbu 1.5%, Sarki 1.4%, Teli 1.4%, Chamar/Harijan/Ram 1.3%, Koiri/Kushwaha 1.2%, other 19% (2011 est.)
3% (2017 est.) 3.2% (2016 est.) country comparison to the world: 38
Nepali (official) 44.6%, Maithali 11.7%, Bhojpuri 6%, Tharu 5.8%, Tamang 5.1%, Newar 3.2%, Bajjika 3%, Magar 3%, Doteli 3%, Urdu 2.6%, Avadhi 1.9%, Limbu 1.3%, Gurung 1.2%, Baitadeli 1%, other 6.4%, unspecified 0.2%; note - 123 languages reported as mother tongue in 2011 national census; many in government and business also speak English (2011 est.)
Hindu 81.3%, Buddhist 9%, Muslim 4.4%, Kirant 3.1%, Christian 1.4%, other 0.5%, unspecified 0.2% (2011 est.)
0-14 years: 28.36% (male 4,526,786/female 4,073,642) 15-24 years: 20.93% (male 3,276,431/female 3,070,843) 25-54 years: 38.38% (male 5,251,553/female 6,387,365) 55-64 years: 6.64% (male 954,836/female 1,059,360) 65 years and over: 5.69% (2020 est.) (male 852,969/female 874,092)
severe thunderstorms; flooding; landslides; drought and famine depending on the timing, intensity, and duration of the summer monsoons
$110.72 billion (2020 est.) $113.08 billion (2019 est.) $106.03 billion (2018 est.) note: data are in 2017 dollars
7.9% (2017 est.) 0.6% (2016 est.) 3.3% (2015 est.)
$3,800 (2020 est.) $4,000 (2019 est.) $3,800 (2018 est.) note: data are in 2017 dollars
$24.88 billion (2017 est.)