ECONOMY

Nepal's Economic Landscape: A Comprehensive Analysis

•Topic: Nepal Economy Overview

Nepal's economy shows promising growth despite global challenges. With a population of 30.55 million and a GDP of $40.83 billion, the country demonstrates resilience in its economic development. The GDP growth rate of 5.84% in 2022 indicates strong recovery post-pandemic, though challenges remain in closing the gap with global economic indicators.

Trend Analysis

Summary

Nepal's population and GDP show steady growth, with a population of 30.55 million in 2023 and a GDP of $40.83 billion in 2022. The GDP growth rate was 5.84% in 2022, reflecting economic recovery post-pandemic. However, Nepal's GDP per capita remains significantly lower than the global average, highlighting economic challenges.

Data Visualization

Key Statistics

Nepal's Population (2023)
30.55 million

Source: 2023, World Bank

Nepal's GDP (2022)
$40.83 billion

Source: 2022, World Bank

Nepal's GDP Growth Rate (2022)
5.84%

Source: 2022, World Bank