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The economy of Nepal is a developing category and is largely dependent on agriculture and remittances. [6] Until the mid-20th century Nepal was an isolated pre-industrial society, which entered the modern era in 1951 without schools, hospitals, roads, telecommunications, electric power, industry, or civil service.
Politics. Fragile States Index 2020, ranked 49th most fragile state. Corruption Perceptions Index 2019, ranked 113rd most corrupt out of 176 governments, [5] 110th out of 180 countries in 2022 [6] Press Freedom Index 2017, ranked 100 out of 180 countries [7] Freedom of the Press 2017, ranked 108 out of 198 [8] Democracy Index 2016, ranked 102 ...
Administrative divisions of Nepal; References This page was last edited on 30 April 2024, at 04:41 (UTC). Text is available under the Creative Commons ...
Five-Year Plans of Nepal generally strove to increase output and employment; develop the infrastructure; attain economic stability; promote industry, commerce, and international trade; establish administrative and public service institutions to support economic development; and also introduce labor-intensive production techniques to alleviate underemployment.
In Nepal, the economy is dominated by agriculture. In the late 1980s, it was the livelihood for more than 90% of the population. Although only approximately 20% of the total land area was cultivable. The agricultural sector has remained the backbone of the national economy. Agriculture contributes 24.0 percent to the Gross Domestic Product (GDP ...
Remittances have been a significant source of foreign exchange for Nepal, contributing substantially to the country's economy. The following table presents the annual remittance inflows to Nepal from 2005 to 2023, as reported by the World Bank. [5] The data highlights the overall upward trend in remittances over the period.
The capital, Kathmandu, nicknamed the "City of temples", is the largest city in the country and the cultural and economic heart. Other large cities in Nepal include Pokhara, Biratnagar, Lalitpur, Bharatpur, Birgunj, Dharan, Hetauda and Nepalgunj. Congestion, pollution and drinking water shortage are some of the major problems facing the rapidly ...
Nepal is a country enclosed by land, situated between China and India. It has a total area of 148,006.67 square kilometers and a population of 29.16 million. [1] It has a small economy, with a GDP of $42 billion in 2024, amounting to about 1% of South Asia and 0.04% of the World's GDP.