Distribution of gross domestic product (GDP) across economic sectors Nepal 2019

In 2019, just over 50 percent of Nepal’s gross domestic product (GDP) came from its service sector. Agriculture contributed the second largest amount, while thirteen percent came from the industry sector. The majority of the Nepalese population lives in rural areas, and are depended on agriculture for their livelihood.

A struggling but strong population

Around 63 percent of Nepal’s 29.6 million inhabitants are part of the workforce, i.e. between 15 to 64 years old. Though the country has a very low unemployment rate (probably due to the fact that agricultural occupations are usually not taken into account when calculating national unemployment) , it is considered a country weighed down by high poverty, with a consistent trade deficit and a volatile inflation rate. However, recent perceptions of children’s living standards when they grow up in Nepal are overwhelmingly of the opinion that the standard of living is better.

The Nepalese economy

Nepal has robust ties with the country of India, which is both the country’s main export partner, as well as its main import partner . Nepal’s economy has been under the influence of political instability over the course of the country’s history: a monarchy until the early 2000s, it then became a republic with a Maoist-dominated government. Lately, Nepal made several attempts to improve its economic situation, but still relies heavily on remittances and foreign aid.

Nepal: Distribution of gross domestic product (GDP) across economic sectors from 2009 to 2019

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

July 2020

Region

Nepal

Survey time period

2009 to 2019

Supplementary notes

Figures have been rounded.
The source does not provide any information regarding percentage points not adding up to or exceeding 100 percent.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Nepal"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.