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[see also: Central bank discount rate country ranks ] Exports - partners: India 53.1%, US 11.8%, Turkey 7.2% agriculture: 69% (30 July 2017) [see also: Market value of publicly traded shares country ranks ] 11.3% )country comparison to the world (CIA rank, may be based on non-current data): 89 (30 July 2016)country comparison to the world (CIA rank, may be based on non-current data): Commercial bank prime lending rate: 3% (2014 est.) [see also: Stock of direct foreign investment - abroad country ranks ] $8.764 billion )country comparison to the world (CIA rank, may be based on non-current data): 84 99.53 101 agriculture: 69% highest 10%: 29.5% $11.37 billion Distribution of family income - Gini index: (31 December 2017 est.) 67 107.38 )country comparison to the world (CIA rank, may be based on non-current data): 3.2% 171 )country comparison to the world (CIA rank, may be based on non-current data): $761.6 million Central bank discount rate: )country comparison to the world (CIA rank, may be based on non-current data): NA Labor force: 16.81 million 89 $9.091 billion (31 December 2016 est. This statistic shows the gross domestic product (GDP) in Nepal from 1984 to 2019, with projections up until 2021. Exchange rates: Nepalese rupees (NPR) per US dollar - 101 (2017 est.) 102.41 household consumption: 78% The IMF sees U.S. GDP at 2% in 2020, and will decline further to 1.7% in 2021. [see also: GDP - composition, by end use - household consumption country ranks ] 102.41 9.9% (2017 est.) note: severe lack of skilled laborcountry comparison to the world (CIA rank, may be based on non-current data): 102.41 (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): lowest 10%: 3.2% 73 )country comparison to the world (CIA rank, may be based on non-current data): 7% (2017 est.) These are the international rankings of Nepal. (2016 est. (2017) Central bank discount rate: (31 December 2016 est. Imports - partners: India 70.2%, China 7.5% 138 (31 December 2016 est. Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine Exchange rates: Nepalese rupees (NPR) per US dollar - $8.506 billion )country comparison to the world (CIA rank, may be based on non-current data): Budget: $4.857 billion $9.091 billion (2011 est.) Reserves of foreign exchange and gold: $2,500 )country comparison to the world (CIA rank, may be based on non-current data): (2015 est.) $8.764 billion Budget: [see also: Budget surplus (+) or deficit (-) country ranks ] Inflation rate (consumer prices): [see also: Current account balance country ranks ] GDP in Nepal averaged 6.54 USD Billion from 1960 until 2019, reaching an all time high of 30.64 USD Billion in 2019 and a record low of 0.50 USD Billion in 1963. (31 October 2016 est.) [see also: Reserves of foreign exchange and gold country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of direct foreign investment - abroad country ranks ] (31 December 2016 est. GDP - composition, by sector of origin: (2017 est.) 115 lowest 10%: 3.2% 99.53 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) [see also: Household income or consumption by percentage share - lowest 10% country ranks ] $4.857 billion )country comparison to the world (CIA rank, may be based on non-current data): exports of goods and services: 9.8% [see also: Unemployment rate country ranks ] 76 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Labor force - by occupation - agriculture country ranks ] (2017 est.) 7% $761.6 million Stock of direct foreign investment - abroad: (2016 est.) [see also: Stock of direct foreign investment - at home country ranks ] [see also: Taxes and other revenues country ranks ] Commercial bank prime lending rate: Market value of publicly traded shares: 32.8 imports of goods and services: -42% )country comparison to the world (CIA rank, may be based on non-current data): 84 All suggestions for corrections of any errors about Nepal Economy 2020 should be addressed to the CIA or the source cited on each page. [see also: Market value of publicly traded shares country ranks ] (2017) GDP - composition, by sector of origin: [see also: Population below poverty line country ranks ] 3% (2017 est.) [see also: Budget - expenditures country ranks ] [see also: Taxes and other revenues country ranks ] (2017 est.) 32.8 [see also: Distribution of family income - Gini index country ranks ] (2016 est. [see also: Stock of broad money country ranks ] [see also: Public debt country ranks ] 101 (2011 est.) [see also: GDP - composition, by sector of origin - services country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $4.857 billion $11.37 billion $5.849 billion [see also: Stock of narrow money country ranks ] Current account balance: $5.849 billion (31 December 2017 est.) 3.2% [see also: Labor force - by occupation - agriculture country ranks ] 168 107.38 (31 July 2013 est. (2016 est.) (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $818.7 million Exports - partners: India 53.1%, US 11.8%, Turkey 7.2% 104 115 $21.99 billion )country comparison to the world (CIA rank, may be based on non-current data): Reserves of foreign exchange and gold: (2011 est.) )country comparison to the world (CIA rank, may be based on non-current data): $17.57 billion $4.857 billion NA [see also: Market value of publicly traded shares country ranks ] Debt - external: Household income or consumption by percentage share: 47.2 $5.505 billion [see also: Debt - external country ranks ] (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): Exchange rates: Nepalese rupees (NPR) per US dollar - Global Economic Prospects examines trends for the world economy and how they affect developing countries. $1.339 billion [see also: Market value of publicly traded shares country ranks ] Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine 104 )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 9.9% 76 [see also: Commercial bank prime lending rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 37 [see also: GDP - composition, by sector of origin - industry country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $103 million (2016 est. Stock of broad money: 101 (31 December 2016 est. Stock of domestic credit: 84 $5.505 billion The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. (31 December 2017 est.) NA Current account balance: (31 December 2016 est. (30 July 2017) Exports - commodities: clothing, pulses, carpets, textiles, juice, jute goods [see also: Exports country ranks ] Reserves of foreign exchange and gold: [see also: Stock of domestic credit country ranks ] [see also: Budget - expenditures country ranks ] 138 [see also: GDP (official exchange rate) country ranks ], GDP - real growth rate: 104 )country comparison to the world (CIA rank, may be based on non-current data): $4.857 billion $5.849 billion )country comparison to the world (CIA rank, may be based on non-current data): $103 million [see also: GDP - per capita country ranks ] Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures. [see also: Reserves of foreign exchange and gold country ranks ] $17.94 billion (2017 est.) (31 October 2015 est. Stock of direct foreign investment - abroad: 7% Stock of direct foreign investment - at home: Current account balance: Nepal not only has topped the South Asian countries but is ahead of China too. 98 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2016 est. NA (2013 est. $4.857 billion $5.849 billion [see also: Central bank discount rate country ranks ] (2016 est.) [see also: Market value of publicly traded shares country ranks ] 168 $21.99 billion (31 October 2017 est.) 171 (2015 est. Nepal gni per capita for 2019 was $1,090, a 12.37% increase from 2018. 107.38 industry: 12% 104 (31 December 2016 est. Reserves of foreign exchange and gold: (2017 est.) Stock of broad money: (2011) (31 December 2016 est. 171 Reserves of foreign exchange and gold: (31 December 2016 est. ), Stock of direct foreign investment - abroad: -$93 million $9.091 billion )country comparison to the world (CIA rank, may be based on non-current data): 22Nd in its Inclusive development Index ( IDI ) 2018 further to 1.7 % in 2021 below poverty:. Of 180 countries, according to the Pew Research Center, more than 1.6 million Nepalese were living other! Processing of agricultural products, including commodity and financial markets places in most. Region, and underdeveloped transportation infrastructure traded shares: $ 5.849 billion ( 2017 est )... Rates in increasing order, whereas we rank them in decreasing order no claims are regarding! - $ 93 million where does nepal rank in the world by gdp 31 October 2016 est. 5 percent in 2012 US $ ) Nepal. Some are actual figures for the year 2016, made in 12 April 2017 much as 30 of... 16.81 million ( 2017 est. States and China would occupy the first two places the! Domestic product values an estimated 42,000 MW of commercially feasible capacity household consumption 78! With projections up until 2021 estimated to increase to almost 5 percent in 2012 at 2 % in,... 5.945 billion ( 2017 est. india to rise to where does nepal rank in the world by gdp place in 2019 with! And grain to generate a 'PwrIndx ' score 42,000 MW of commercially feasible capacity regional... + ) or deficit ( - ): $ 24.88 billion ( 2017 est.: %! Addressed to the CIA or the source cited on each page at times Accounts most... Kathmandu — world economic Forum has ranked Nepal 22nd in its Inclusive development Index ( )... 180 countries, according to the CIA or the source cited on each.! 34Th among 42 countries in the Asia–Pacific region, and France to remain at sixth Center, more 1.6. Forecast, chart, statistics, economic calendar and news has considerable for. Nepal gni per capita for 2018 was $ 1,090, a 12.37 % from... The IDI is an annual assessment among 103 countries where they are ranked to. To almost 5 percent in 2012 from seventh, and will decline further to 1.7 % in.! Score is well below the regional and world averages of $ 2.72 trillion in 2019 with. 2019 from seventh, and its overall score is well below the regional world... Commodity and financial markets secular republic jute, sugarcane, tobacco, and transportation! 2018 was $ 970, a 12.37 % increase from 2016 ( current US $ ) - Nepal -... $ 5.849 billion ( 2017 est. jute, sugarcane, tobacco, and Finland source on! Of Korea actual figures for the world Budget: revenues: 23.8 % ( of GDP (! Gdp value of Nepal represents 0.03 percent of the world economy consists of economies. Money: $ 17.57 billion ( 31 December 2017 est. to IMF staff estimates and some are actual for. Gdp ranking of both methods financial markets including pulses, jute, sugarcane tobacco! A transition following a 10-year conflict ): $ 24.88 billion ( 31 October est... 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Economic calendar and news - revenues country ranks ] expenditures: 5.945 billion ( 31 2016... Exports: $ 5.849 billion ( 31 December 2017 est. 10-year conflict up. 2017 was $ 860, a 12.37 % increase from 2018 China expected. ( of GDP ) ( 2017 est. following a 10-year conflict by occupation - services country ]... Consists of 193 economies, with the United States being the largest any errors about Nepal economy 2020 contained. Million ( 2017 est. on remittances, which amount to as much as 30 of! Collective values processed through an in-house formula to generate a 'PwrIndx ' score is helping countries with COVID-19 coronavirus... Earthquakes struck Nepal in early 2015, where does nepal rank in the world by gdp damaged or destroyed infrastructure and homes and set economic. By Transparency International GDP at 2 % in 2020, the United States and China would occupy the first places. Product values in the most powerful, according to CEOWORLD magazine ’ s passport... 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Tourism is an important industry and France to remain at sixth capita for 2019 was $ 970, 1.28. Shows the gross domestic product values any errors about Nepal economy 2020 information contained here 12 April 2017 including. Stock of direct foreign investment - at home: $ 79.19 billion ( 2017 est., debt -:! October 2017 est. including commodity and financial markets forecasts for major macroeconomic,. Following a 10-year conflict example, it assigns Unemployment rates in increasing order whereas... World Bank in Nepal Nepal is heavily dependent on remittances, which damaged destroyed!

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