Statistics
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GDP: purchasing power parity - $31.09 billion (2008 est.)
GDP - real growth rate: 5.6% (2008 est.)
GDP - per capita: purchasing power parity - $1,100 (2008 est.)
GDP - composition by sector:
agriculture: 40%
industry: 20%
services: 40% (2002 est.)
Population below poverty line: 33% (2007)
Household income or consumption by percentage share:
lowest 10%: 3.2%
highest 10%: 29.8% (1995–96)
Inflation rate (consumer prices): 2.9% (2002 est.)
Labour force: 10 million (1996 est.)
note: severe lack of skilled labour
Labor force - by occupation: agriculture 81%, services 16%, industry 3%
Unemployment rate: 47% (2001 est.)
Budget:
revenues: $665 million
expenditures: $1.1 billion, including capital expenditures of $NA (FY 99/00 est.)
Industries: tourism, carpet, textile; small rice, jute, sugar, and oilseed mills; cigarette; cement and brick production
Industrial production growth rate: 8.7% (FY 99/00):
Electricity - production: 1,755 GWh (2001)
Electricity - production by source:
fossil fuel: 8.5%
hydro: 91.5%
nuclear: 0%
other: 0% (2001)
Electricity - consumption: 1,764 GWh (2001)
Electricity - exports: 95 GWh (2001)
Electricity - imports: 227 GWh (2001)
Oil - production: 0 barrels per day (0 m3/d) (2001 est.)
Oil - consumption: 16,000 barrels per day (2,500 m3/d) 2001
Agriculture - products: rice, maize, wheat, sugarcane, root crops; milk, domestic buffalo meat
Exports: $568 million f.o.b., but does not include unrecorded border trade with India (2002 est.)
Exports - commodities: carpets, clothing, leather goods, jute goods, grain
Exports - partners: India 50.5%, US 26%, Germany 6.6% (2003 est.)
Imports: $1.419 billion f.o.b. (2002 est.)
Imports - commodities: gold, machinery and equipment, petroleum products, fertilizer
Imports - partners: India 82.9%, China 13.5%, UAE 2.6%, Singapore 2.1%, Saudi Arabia 1.2%. Debt - external: $2.7 billion (2001)
Economic aid - recipient: $424 million (FY 00/01)
Currency: 1 Nepalese rupee (NPR) = 100 paisa
Exchange rates: Nepalese rupees (NPR) per USD 1 – 64.20 (2007), 78.88 (2002), 74.95 (2001), 68.253 (1999), 65.976 (1998), 58.010 (1997), 56.692 (1996), 51.890 (1995)
F year: 16 July - 15 July
Read more about this topic: Economy Of Nepal
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“O for a man who is a man, and, as my neighbor says, has a bone in his back which you cannot pass your hand through! Our statistics are at fault: the population has been returned too large. How many men are there to a square thousand miles in this country? Hardly one.”
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