Nepal

Official Name: The Federal Democratic Republic of Nepal
Sovereign Status: Sovereign Country
Government Type: Federal Parliamentary Republic
Official Name (Local Language): Sanghiya Loktantrik Ganatantra Nepal
ISO Country Codes: NP : NPL
Internet Domain: .np
Government Web Site: https://www.nepal.gov.np/
Capital: Kathmandu Main Airports: Tribhuvan International Airport
Language(s): Nepali Population: 30,666,598
Currency: Nepalese Rupee ISO Currency Code: NPR
Telephone Dial In: +977 ID Prefix: 00




Nepal

Government Website: https://www.nepal.gov.np/
Central Bank: Nepal Rastra Bank
Currency USD Exchange Rate: 104 Nepalese rupees (NPR) per US dollar (2017 est.)
Unemployment Rate: 3% (2017 est.)
Population below poverty line: 25.2% (2011 est.)
Inflation Rate: 4.5% (2017 est.)
Prime Lending Rate: 11.30% (31-Dec-17 - Photius)
GDP: $115.093 billion (2021 est.)
GDP Pro Capita (PPP): $3,800 (2021 est.)
Currency Name: Nepalese Rupee
Currency Code: NPR
World Bank Classification: Lower-Middle Income Economy

GDP Composition:

Agriculture: 32% pulses, rice, corn, wheat, sugarcane, jute, root crops; milk, water buffalo meat
Industry: 14% tourism, carpets, textiles; small rice, jute, sugar, and oilseed mills; cigarettes, cement and brick production
Services: 54%

Source: Central Intelligence Agency Factbook




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National Statistics Office:

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Nepal


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English; Nepali
Customs & Excise: Department of Customs, Nepal
Development Bank(s): Agricultural Development Bank; Asian Development Bank; Asian Infrastructure Investment Bank;
National Standards Bureau: Nepal Bureau of Standards and Metrology (NBSM)
Competitive Ind’l Performance: 108/141 (2019) Corruption Perceptions Index: 110/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 117/180 (2021)
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