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) $79,194,307,766 (2017)
GDP Growth Rate (annual %) 7.906% (2017)
GDP Per Capita, PPP (current international) $2,702 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 95/195 (2017)

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 %) 3.627% (2017)
External debt stocks, total (DOD, current US$) $4,963,158,509 (2017)
Total tax rate (% of commercial profits) 36.7% (2018)
Real Interest Rate (5 year average %) -2.537% (2011)
Manufacturing, value added (% of GDP) 5.066% (2017)
Current Account Balance (BoP, current US$) ($815,328,541) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 17,162,968 (2018)
Employment in Agriculture (% of total employment) 70.1% (2018)
Employment in Industry (% of total employment) 12.954% (2018)
Employment in Services (% of total employment) 16.946% (2018)
Unemployment Rate 1.264% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $10,670,300,614 (2017)
Exports of goods and services (current US$) $2,263,315,206 (2017)
Total Merchandise Trade (% of GDP) 44.562% (2017)
FDI, net inflows (BoP, current US$) $196,265,099 (2017)
Commercial Service Exports (current US$) $1,382,902,780 (2017)
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