Country FlagNepal

Mother And Motherland Are Dearer Than The Heavens.

 

General


Population: 30,986,975 (2014), 30,430,267 (2013)
Land Area: 147,181 sq km
Natural Resources: Quartz, water, timber, hydro power, scenic beauty, lignite, copper, cobalt, iron ore
Capital: Kathmandu
Political System: Democratic Republic
State Leader: Ram Baran Yadav (July 23rd 2008)
Head of Government: Sushil Koirala (February 11th 2014)
Languages: Nepali, Maithali, Bhojpuri, Tharu, Tamang, Newar, Magar, Awadhi
Currency: Nepalese Rupee (NPR)
Major Religions: Hindu 80.6%, Buddhist 10.7%, Muslim 4.2%, Kirant 3.6%, Other 0.,9%
Major Ethnicities: Chhettri 15.5%, Brahman-Hill 12.5%, Magar 7%, Tharu 6.6%, Tamang 5.5%, Newar 5.4%, Muslim 4.2%, Kami 3.9%, Yadav 3.9%, Other 32.7%, Unspecified 2.8%
Life Expectancy: 67.19 years (2014), 66.86 years (2013)

Economy


GDP Official Exchange Rate: 19.34 billion (2013), 19.42 billion (2012)
GDP Purchasing Power Parity: 42.06 billion (2013), 41.22 billion (2012)
GDP Per Capita (PPP): 1,500 (2013), 1,300 (2012)
GDP Growth Rate: 3.6% (2013), 4.6% (2012)
GDP Structure: Agriculture 36.8%, Industry 14.5%, Services 48.7% (2013)
Labour Force By Occupation: Agriculture 75%, Industry 7%, Services 18% (2010)
Industries: Tourism, carpets, textiles, small rice, jute, sugar, oilseed mills, cigarettes, cement, brick production
Agriculture Products: Rice, corn, wheat, sugarcane, jute, root crops; milk, water buffalo meat
Human Development Index: 0.540 (145th)(2014), 0.463 (157th)(2013)
Tourism Revenue: 260 million (2004)
Unemployment Rate: 46% (2008)

MilitaryNepal Map


Army Size: 69 000 (2004)
Budget: 1.6% of GDP (2006)

Current Situation

 

Nepal is located in South Asia. Nepal is bordered by China and India. Nepal's economy is under-developed, however with the 2008 revolution the country might be on the right track, but it all remains to be seen. For now Nepal's economy revolves mainly around agriculture, tourism is weak but growing.

(2014) Nepal's economy continues to grow although at a relatively slow pace and poverty remains rampant.

Thoughts & Comments

 

Sources

CIA World Factbook: Nepal
Wikipedia: Nepal
http://hdrstats.undp.org/en/countries/profiles/NPL.html

Updated on: November 3rd, 2014