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: | 30,424,878 |
Currency: | Nepalese Rupee | ISO Currency Code: | NPR |
Telephone Dial In: | +977 | ID Prefix: | 00 |
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: | $24.88 billion (2017 est.) |
GDP Pro Capita (PPP): | $3,417 (2019 est.) |
Currency Name: | Nepalese Rupee |
Currency Code: | NPR |
World Bank Classification: | Lower middle income |
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% |
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: 117/180 (2020) |
Ease of Doing Business: 94/190 (2019) | Enabling Trade Index: 108/136 (2016) |
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Export Promotion Agency: Trade & Export Promotion Centre ; Investment Agency: Foreign Investment Promotion Agency of Nepal ; Office of the Investment Board ;
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