e for accelerating economic growth by exploiting its
potential in hydropower and tourism, areas of recent foreign investment
interest. Prospects for foreign trade or investment in other sectors
will remain poor, however, because of the small size of the economy,
its technological backwardness, its remoteness, its landlocked geographic
location, and its susceptibility to natural disaster. The international
community's role of funding more than 60% of Nepal's development budget
and more than 28% of total budgetary expenditures will likely continue
as a major ingredient of growth.
GDP: purchasing power parity - $35.6 billion (2001 est.)
GDP - real growth rate: 2.6% (2001 est.)
GDP - per capita: purchasing power parity - $1,400 (2001 est.)
GDP - composition by sector: agriculture: 41% industry: 22% services:
37% (2000 est.)
Population below poverty line: 42% (FY95/96 est.)
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 (1995-96)
Inflation rate (consumer prices): 2.1% (FY00/01 est.)
Labor force: 10 million (1996 est.) note: severe lack of skilled labor
Labor force - by occupation: agriculture 81%, services 16%, industry 3%
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: 1.454 billion kWh (2000)
Electricity - production by source: fossil fuel: 9.56% hydro: 90.44%
other: 0% (2000) nuclear: 0%
Electricity - consumption: 1.431 billion kWh (2000)
Electricity - exports: 95 million kWh (2000)
Electricity - imports: 174 million kWh (2000)
Agriculture - products: rice, corn, wheat, sugarcane, root crops; milk,
water buffalo meat
Exports: $757 million (f.o.b., FY00/01 est.), but does not include
unrecorded border trade with India
Exports - commodities: carpets, clothing, leather goods, jute goods,
grain
Exports - partners: India 48%, US 26%, Germany 11% (FY00/01)
Imports: $1.6 billion (f.o.b., FY00/01 est.)
Imports - commodities: gold, machinery and equipment, petroleum products,
fertilizer
Imports - partners: India 39%, Singapore 10%, China/Hong Kong 9%,
(FY0
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