Monday, January 4, 2010

Economic Sources in Nepal.

GDP (2007/2008): $12.69 billion.Annual growth rate of real GDP (FY 2007/2008): 4.7%.Per capita income (gross national product, FY 2007/2008): $470.Avg. inflation rate (Consumer Price Index, mid-October 2008 est.): 14.1%.Natural resources: Water, hydropower, limited but fertile agricultural land, timber.Agriculture (32.12% of GDP): Products--rice, wheat, maize, sugarcane, oilseed, jute, millet, potatoes. Cultivated land--25%.Industry (7.6% of GDP): Types--carpets, pashmina, garments, cement, cigarettes, bricks, sugar, soap, matches, jute, manufactured goods, hydroelectric power.Trade (2007/2008): Exports--$892 million: carpets, pashmina, garments. Major markets--Germany and the U.S. Imports--$2.79 billion: manufactured goods. Major supplier--India.Central government budget (FY 2008/2009): $3.14 billion; military allocation $163.43 million.Official exchange rate (as of September 19, 2008): NPR 75.00 = US$1.00.Fiscal year: July 16-July 15.

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