Nepal


Nepal Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Nepal; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank Central Bank of Nepal
International Reserves US$ 3.631 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 17.921 billion (2010 estimate)
GDP (Purchasing Power Parity) 39.899 billion of International dollars (2010 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
5.6% 0.1% 3.9% 4.7% 3.5% 3.4% 3.4% 6.1%
2009 2010 2011 2012*
4.4% 4.6% 3.5% 4.2%

*Estimate

GDP per capita - current prices US$ 624 (2005 estimate)
GDP per capita - PPP $1,388 International Dollars (2005 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.04% 0.04% 0.05% 0.05% 0.05%

**Forecast

GDP - composition by sector
  • agriculture: 34.9% 
  • industry: 15% 
  • services: 50.1% (2010 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
12.6%(2008) 9.5% 9.6% 7.8%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
41.3% 39% 36.1% 34.1% 34%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-0.5% -2.6% -1% -1.7% -2.6%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$5.485 billion US$4.843 billion US$4.529 billion
Largest companies in Nepal N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ 445 million (2011 estimate)(After 2008)
Current account balance by percentage of GDP 2.5% of GDP (2010 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

9.8% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.02% (2011)(2007)

(Data were released in 2012)

Total exports US$1 billion (2012 estimate) 
Export commodities clothing, pulses, carpets, textiles, juice, pashima, jute goods
Total imports US$6.15 billion (2012 estimate) 
Import commodities petroleum products, machinery and equipment, gold, electrical goods, medicine
Exports - major partners India 59.2%, US 9.2%, Germany 5.2% (2011)
Imports - major partners India 54.4%, China 27.5% (2011)
FDI inflows
2009 2010 2011
US$39 million US$87 million(2009) US$95 million(2009)
FDI outflows
2009 2010 2011
N/A N/A N/A
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 108 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 105 out of 185 countries(2009)

Enforcing Contracts: 137 out of 185 countries

Registering Property: 21 out of 185 countries

Getting credit: 70 out of 185 countries

Protecting investors: 82 out of 185 countries

Trading across border: 171 out of 185 countries

Paying Taxes: 114 out of 185 countries

Dealing with Construction Permits: 97 out of 185 countries

Getting Electricity: 96 out of 185 countries

Resolving Insolvency: 121 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
125

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 147 Score: 50.2 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+5.75
Total area 147,181 km2 (2006)
Capital Kathmandu (2009)
Currency Nepalese rupees (NPR) (2009)
Government type federal democratic republic (2009)
Languages Nepali 47.8%, Maithali 12.1%, Bhojpuri 7.4%, Tharu (Dagaura/Rana) 5.8%, Tamang 5.1%, Newar 3.6%, Magar 3.3%, Awadhi 2.4%, other 10%, unspecified 2.5% (2001 census)
Religions Hindu 80.6%, Buddhist 10.7%, Muslim 4.2%, Kirant 3.6%, other 0.9% (2001 census)
Total population
1980 1990 2000 2012* 2017**
15.16 million 19.11 million 24.43 million 31.01 million 33.47 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
3.5% 6.1% 13.4% 17%
Population median age 21 years (2010)
Population growth rate 1.7% (2011)
Life expectancy 68 years (2010)
Adult literacy 59% (2005/2010)
% of population living on less than $2 a day 77.57% (2011)
Inequality of wealth distribution (Gini index)

32.82 (2010)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:4
Civil Liberties:4 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

46.58% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 9% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.1195 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2009:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Standard Chartered (Jean-Claude Trichet, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE