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Nepal

Country Factsheet

2023 population pyramid

Introduction

Background

During the late 18th and 19th centuries, the principality of Gorkha united many other principalities and states of the sub-Himalayan region into a Nepali Kingdom. Nepal retained its independence after the Anglo-Nepalese War of 1814-16, and the subsequent peace treaty laid the foundations for two centuries of amicable relations between Britain and Nepal. In 1990, a multiparty democracy within the framework of a constitutional monarchy was established.

Geography

Area

total : 147,181 sq km
land: 143,351 sq km
water: 3,830 sq km

Climate

varies from cool summers and severe winters in north to subtropical summers and mild winters in south

Natural resources

quartz, water, timber, hydropower, scenic beauty, small deposits of lignite, copper, cobalt, iron ore

People and Society

Population

total: 31,122,387

Ethnic groups

Chhettri 16.5%, Brahman-Hill 11.3%, Magar 6.9%, Tharu 6.2%, Tamang 5.6%, Bishwokarma 5%, Musalman 4.9%, Newar 4.6%, Yadav 4.2%, Rai 2.2%, Pariyar 1.9%, Gurung 1.9%, Thakuri 1.7%, Mijar 1.6%, Teli 1.5%, Yakthung/Limbu 1.4%, Chamar/Harijan/Ram 1.4%, Koiri/Kushwaha 1.2%, other 20% (2021 est.)

Languages

Nepali (official) 44.9%, Maithali 11.1%, Bhojpuri 6.2%, Tharu 5.9%, Tamang 4.9%, Bajjika 3.9%, Avadhi 3%, Nepalbhasha (Newari) 3%, Magar Dhut 2.8%, Doteli 1.7%, Urdu 1.4%, Yakthung/Limbu 1.2%, Gurung 1.1%, other 8.9% (2021 est.)

Religions

Hindu 81.2%, Buddhist 8.2%, Muslim 5.1%, Kirat 3.2%, Christian 1.8%, other 0.5% (2021 est.)

Population growth rate

0.7% (2024 est.)

Government

Government type

federal parliamentary republic

Capital

name: Kathmandu

Executive branch

chief of state: President Ram Chandra POUDEL (since 13 March 2023)
head of government: Prime Minister Khadga Prasad Sharma OLI (since 15 July 2024)

Legislative branch

summary: bicameral Federal Parliament consists of the National Assembly (59 seats) and the House of Representatives (275 seats)

Diplomatic representation in the US

chief of mission: Ambassador (vacant); Chargé d'Affaires Kumar Raj KHAREL (since 26 June 2024)

Diplomatic representation from the US

chief of mission: Ambassador Dean R. THOMPSON (since October 2022)

Economy

Economic overview

low-income South Asian economy; post-conflict fiscal federalism increasing stability; COVID-19 hurt trade and tourism; widening current account deficits; environmentally fragile economy from earthquakes; growing Chinese relations and investments

Real GDP (purchasing power parity)

$144.31 billion (2023 est.)
$141.546 billion (2022 est.)
$134 billion (2021 est.)

Real GDP per capita

$4,700 (2023 est.)
$4,600 (2022 est.)
$4,500 (2021 est.)

Exports

$2.999 billion (2023 est.)
$2.733 billion (2022 est.)
$2.52 billion (2021 est.)

Exports - partners

India 67%, US 11%, Germany 3%, Turkey 2%, UK 2% (2022)

Exports - commodities

palm oil, soybean oil, garments, synthetic fibers, knotted carpets (2022)

Imports

$14.098 billion (2023 est.)
$15.462 billion (2022 est.)
$16.993 billion (2021 est.)

Imports - partners

India 64%, China 13%, UAE 3%, Indonesia 2%, US 2% (2022)

Imports - commodities

refined petroleum, natural gas, gold, rice, soybean oil (2022)


Page last updated: Tuesday, October 01, 2024