{'IkiSheet': 'covid19', 'page_number': nan, 'region': 'Asia', 'parameter': 'Y_General', 'income_group': 'Middle-income', 'annex_type': 'Non-Annex I'}
Nepal is a Least Developed Country (LDC) whose economy mostly depends on agriculture and remittances. Nepal’s per capita GDP was USD 1,085 in the fiscal year 2019/2020 with a growth rate of 7.5% from the last fiscal year. However, the impact of COVID- 19 is already bringing these numbers down.
Nepal is a Least Developed Country (LDC) whose economy mostly depends on agriculture and remittances. Nepal’s per capita GDP was USD 1,085 in the fiscal year 2019/2020 with a growth rate of 7.5% from the last fiscal year. However, the impact of COVID- 19 is already bringing these numbers down. In the past two decades, the proportion of Nepali people living in absolute material poverty has more than halved from 49% in 1992 to 23% in 2015. Rates of child and maternal mortality reduced significantly as well.
Nepal’s per capita GDP was USD 1,085  in the fiscal  year  2019/2020  with  a  growth  rate  of  7.5% from the last fiscal year. However, the impact of COVID-19 is already bringing these numbers down.