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ECON FACTBOOK

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Economy of Nepal

Population: 28 million in 20131

GDP: $19.3 billion in 20132

GDP per capita: $694 nominal3 ($2,244 PPP4) in 2013

GDP growth rate: 3.8% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Agriculture, hunting, forestry, fishing6,46036.8%
Other activities4,22824.1%
Wholesale, retail trade, restaurants and hotels2,70715.4%
Transport, storage and communication1,4308.2%
Construction1,2076.9%
Manufacturing1,0886.2%
Mining and utilities4182.4%
Total value added17,538100%

Unemployment rate: 2.7% in 20137

Employment by Industry 20108

Employment sectorPercent of total
Agriculture75%
Services18%
Industry7%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $35 billion (181% of GDP) in 201410

Household Wealth per Adult: $1,982 in 201410

Gini Coefficient: .328 in 201311

Government

Central Government

Central Government Revenue: $3.3 billion (17% of GDP) in 201312

Central Government Expenditure: $3.9 billion (20% of GDP) in 201312

Central Government Budget Balance: -$0.6 billion (-3% of GDP) in 201312

Central Government Public Debt: $4.0 billion (21% of GDP) in Jul 2009* 13

Central Government 10 Year Bond Interest Rate: N/A

* Public debt calculated using the exchange rate 100.8 NPR = 1 USD

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds

N/A

Corporate Tax Rate: 25% in 201414

Monetary Policy

Money Supply (M0): $2.1 billion (11% of GDP) in Mar 2011* 15

Benchmark Interest Rate: N/A

Total Reserves: $6.0 billion (31% of GDP) in 201316

Exchange Rate: 100.8 Nepalese Rupees = 1 U.S. Dollar17

Inflation: 9.0% in 201318

* Money supply calculated using the exchange rate 100.8 NPR = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201319

N/A (data not available at Relbanks.com)

International Accounts

Exports: $1.1 billion (6% of GDP) in 201320

Imports: $6.3 billion (33% of GDP) in 201320

Trade Balance: -$5.2 billion (-27% of GDP) in 201320

Foreign Direct Investment Inflow: $73 million (0.4% of GDP) in 201321

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $769 million (4% of GDP) in 201222

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: IMF General Data Dissemination System, National Summary Data (Public debt) Go back
14. Source: Tax Foundation (Corporate tax rate) Go back
15. Source: IMF General Data Dissemination System, National Summary Data (Money supply) Go back
16. Source: World Bank Indicators (Total reserves) Go back
17. Source: xe.com (Exchange rate) Go back
18. Source: World Bank Indicators (Inflation rate) Go back
19. Source: Relbanks.com (Financial institutions by assets) Go back
20. Source: CIA World Factbook (Trade data) Go back
21. Source: World Bank Indicators (FDI data) Go back
22. Source: World Bank Indicators (Aid data) Go back