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Nepal Economy
GDP:
purchasing power parity - $38.29 billion (2003 est.)
GDP - real growth rate:
3% (2003 est.)
GDP - per capita:
purchasing power parity - $1,400 (2003 est.)
GDP - composition by sector:
agriculture: 40%
industry: 20%
services: 40% (2002 est.)
Population below poverty line:
42% (1995-96)
Household income or consumption by percentage share:
lowest 10%: 3.2%
highest 10%: 29.8% (1995-96)
Distribution of family income - Gini index:
36.7 (FY95/96)
Inflation rate (consumer prices):
2.9% (2002 est.)
Labor force:
10 million
note: severe lack of skilled labor (1996 est.)
Labor force - by occupation:
agriculture 81%, industry 3%, services 16%
Unemployment rate:
47% (2001 est.)
Budget:
revenues: $665 million
expenditures: $1.1 billion, including capital expenditures of NA (FY99/00 est.)
Industries:
tourism, carpet, textile; small rice, jute, sugar, and oilseed mills; cigarette; cement and brick production
Industrial production growth rate:
8.7% (FY99/00)
Electricity - production:
1.755 billion kWh (2001)
Electricity - production by source:
fossil fuel: 8.5%
hydro: 91.5%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
1.764 billion kWh (2001)
Electricity - exports:
95 million kWh (2001)
Electricity - imports:
227 million kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
16,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
rice, corn, wheat, sugarcane, root crops; milk, water buffalo meat
Exports:
$568 million f.o.b., but does not include unrecorded border trade with India (2002 est.)
Exports - commodities:
carpets, clothing, leather goods, jute goods, grain
Exports - partners:
India 50.5%, US 26%, Germany 6.6% (2003 est.)
Imports:
$1.419 billion f.o.b. (2002 est.)
Imports - commodities:
gold, machinery and equipment, petroleum products, fertilizer
Imports - partners:
India 22.9%, China 13.5%, UAE 12.6%, Singapore 7.1%, Saudi Arabia 5.5%, Kuwait 4.6% (2003 est.)
Debt - external:
$2.7 billion (2001)
Economic aid - recipient:
$424 million (FY00/01)
Currency code:
NPR
Fiscal year:
16 July - 15 July
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