Economic Trivia

Agriculture is the mainstay of the economy, providing a livelihood for three-fourths of the population and accounting for a little over one-third of GDP.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2017): India, China, and United Arab Emirates
Top 3 Exported Goods (2017): Coffee & Spices, Manmade Staple Fibers, and Carpet

Top Industries Source: CIA World Factbook

Tourism; Carpets; Textiles; Small Rice

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $102,075,675,266 (2019)
GDP Growth Rate (annual %) 6.991% (2019)
GDP Per Capita, PPP (current international) $3,568 (2019)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 91/196 (2019)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 5.569% (2019)
External debt stocks, total (DOD, current US$) $6,513,365,074 (2019)
Total tax rate (% of commercial profits) 41.8% (2019)
Real Interest Rate (5 year average %) -2.537% (2011)
Manufacturing, value added (% of GDP) 4.984% (2019)
Current Account Balance (BoP, current US$) ($1,713,552,490) (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 17,407,517 (2020)
Employment in Agriculture (% of total employment) 64.537% (2020)
Employment in Industry (% of total employment) 15.312% (2020)
Employment in Services (% of total employment) 20.152% (2020)
Unemployment Rate 1.466% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $14,173,973,923 (2019)
Exports of goods and services (current US$) $2,656,086,623 (2019)
Total Merchandise Trade (% of GDP) 0% (2019)
FDI, net inflows (BoP, current US$) $185,554,759 (2019)
Commercial Service Exports (current US$) $1,511,667,556 (2019)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Nepal’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank