Nepal

Nepal

 


 

 

  

 

 

 

 

 

Official title:

Federal Democratic Republic of Nepal

 

General information:
Capital: Kathmandu
Population: 31,551,305 (July 2015 est.)
Total area: 147,181 km2
Currency: Nepalese rupee (NPR)
National holiday: Republic Day, 29 May; Democracy Day, 24 April
Official language: Nepali
Recognized regional languages: Newar, Gurung, Tharu, Tamang, Magar, Awadhi, Sherpa, Kiranti, Rai, Limbu, Maithili, Bhojpuri[1]

 

Type of government:
Federal parliamentary republic
Diplomatic and consular representative: H. E. Mr Prakash Mani Paudel (Germany – Berlin)

 

Economy:
GDP (nominal): $21,4 billion (2015 est.)
GDP (nominal) per capita: $751,1 (2015 est.)
GDP (PPP): $70,1 billion (2015 est.)
GDP (PPP) per capita: $2464,7 (2015 est.)
GDP (official exchange rate): $19,67 billion (2014 est.)
GDP (real growth rate): 3,4% (2015 est.)

GDP per sector:
Agriculture 32,5%
Industry 15,1%
Services 52,4% (2015 est.)

Agriculture products: pulses, rice, corn, wheat, sugarcane, jute, root crops, milk, water buffalo meat
Main industries: tourism, carpets, textiles, small rice, jute, sugar, oilseed mills, cigarettes, cement and brick production

 

Trade - Export
Exported commodities: clothing, pulses, carpets, textiles, juice, pashima, jute goods, leather goods, grain, herbs, tea, coffee, steel
Main export partners:
• India 59,7%
• EU 28 11,4%
• US 8,6%
• China 4,6%
• Bangladesh 1,9% (2015)

 

Trade - Import
Imported commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine
Main import partners:
• India 57%
• China 29,5%
• Hong Kong 2,6%
• EU 28 2,2%
• Saudi Arabia 1,2% (2015)

 

Sources:
Asian Development Bank. 2015. Key Indicators for Asia and the Pacific 2015: Nepal. Available at: http://www.adb.org/sites/default/files/publication/175162/nep.pdf (February 10th 2016).

 

Australian Government – Department of Foreign Affairs and Trade. Nepal Fact Sheet. Available at: https://dfat.gov.au/trade/resources/Documents/nepa.pdf (February 10th 2016).

 

European Commission – Directorate-General for Trade. 2015. EU, Trade in goods with Nepal. Available at: http://trade.ec.europa.eu/doclib/docs/2006/september/tradoc_113424.pdf (February 10th 2016).

 


[1] English is used in business conversations.