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Nepal records 130 % per capita GNI growth in 28 years


10 December 2019  

Time taken to read : 2 Minute


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KATHMANDU: Nepal’s per capita gross national income witnessed a growth of 130.5 percent in the last 28 years due to the positive initiations made in health, education, health employment sectors.

This has been stated in the 2019 Human Development Report (HDR) — “Beyond income, beyond averages, beyond today: inequalities in human development in the 21st Century,” unveiled by the United Nations Development Program (UNDP).

According to the Human Development Report made public by the UNDP, Nepal stands at the 147th position out of 180 countries, with 0.579 Human Development Index Value.

Finance Minister Dr Yuba Raj Khatiwada on Tuesday released the Report in Kathmandu.

It has been shown that the per capita income of Nepalis increased by around 130.5 percent between 1990 and 2018.

The Human Development Index value and GDI ranking values stand at 0.579 in 2018, which puts Nepal among the countries with moderate HDI ranking.

Nepal is placed in the 147th position in the ranking among 189 countries and regions.

Nepal’s ranking is equal to that of Kenya’s. Nepal’s HDI value had increased from 0.380 to 0.579 from 1990 to 2018, which according to the UNDP, is a similar growth by 0.52 percent.

Similarly, it is stated that the average age of birth rate increased by 16.1years, the median year of school education by 2.8 years and the expected year of school, education by 4.7 years.

Among the countries of South Asia, India is in the 129th position, Bhutan is in the 134th position, Bangladesh is in the 135th position and Pakistan is in the 152nd position in the HDI ranking.

Publish Date : 10 December 2019 20:09 PM

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