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#ChartoftheWeek Banks and Financial Institutions (BFIs) witnessed an increase in outstanding loans to various sectors with 2.3% increase in industrial production, 2.2% in construction, 2.6% in service and 4.7% in transportation, communication and public sectors.
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#ChartoftheWeek Nepal's year-on-year consumer price inflation peaked around mid-2022 and remained relatively high before declining significantly by mid-2024. However, a slight rebound has been observed in recent months.
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#ChartoftheWeek Over the past three years, Nepal's electrification rate rose from 90% in FY 2020/21 (2077/78 BS).
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#NEF2024 #Economy
#ChartoftheWeek The Nepali currency depreciated by 1.64% against the US dollar from mid-July 2023 to mid-July 2024. The buying exchange rate for the US dollar was NPR 133.36 in mid-July 2024, compared to NPR 131.17 in mid-July 2023.
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#ChartoftheWeek In 2023, 13.1% of Nepal’s tourist arrivals were for religious purposes, reflecting the country’s central role in global religious tourism.
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#NEF2024 #Economy #ReligiousTourism #nNepalTourism
#ChartoftheWeek The chart illustrates the significant share of China’s FDI stock in Nepal, showing its impact on the country's foreign investment landscape.
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#NEF2024 #Economy
#ChartoftheWeek There is a significant variation in the incidence of poverty across the seven provinces of Nepal, with four out of seven having poverty rates higher than the national average.
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#NEF2024 #Economy
#ChartoftheWeek Nepal aimed to reduce maternal mortality to 116 per 100,000 births by 2022 and to 99 by 2025. However, in 2021, the maternal mortality rate was 151 per 100,000 live births, with 622 maternal deaths.
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#NEF2024 #Economy
#ChartoftheWeek China, India, along with the USA, the UK, and South Korea have an enduring investment interest in Nepal, with the former two showing stability and the latter three showing more variability.
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#NEF2024 #Economy #Nepal
#ChartoftheWeek From the total budget of NPR 1.86 trillion for FY 2024/25 (2081/82 BS), NPR 1.14 trillion is allocated for recurrent expenditure, NPR 352.35 billion for capital expenditure, and NPR 367.28 billion for financial management.
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#ChartoftheWeek The government has targeted the revenue collection of NPR 1.26 trillion, foreign grants of NPR 52.33 billion, and external debt of NPR 217.67 billion for the FY 2081/82 BS. The government has set internal debt to NPR 330 billion.
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#ChartoftheWeek The trend of outstanding government debt of Nepal over the decade shows an exponential rise in the amount of debts, especially foreign debt.
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#NEF2024 #economy #nepal
#ChartoftheWeek Nepal's annual tea production exceeds 26,000 metric tons, comprising 6,500 tons of Orthodox tea and 18,000 tons of CTC tea, cultivated across 163 tea estates, and involving over 15,000 smallholder farmers. Check out #NEFData for data-driven analysis!
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NEF has launched its Economic Dashboard-NEFData! It covers three sectors covering a vast array of economic data. Additionally, for the first time, get insights into capital and recurrent expenditure for defense! Start exploring NEFData now! #NEFData #EconomicDashboard #NEF2023
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