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About Nepal
Economy
Agriculture sustains 76% of the population and accounts for about 39% of the GDP; services comprise 41%, and industry 22%. Nepal remains isolated from the world’s major land, air and sea transport routes though air traffic is frequent. Hilly and mountainous terrain in the northern two-thirds of the country has made the building of roads and other infrastructure difficult and expensive.
Nepal's workforce of about 10 million suffers from a severe shortage of skilled labour. Agriculture employs 81% of the workforce, services 16% and manufacturing/craft-based industry 3%. Agricultural produce is mostly grown in the Terai region bordering India and includes rice, corn, wheat, sugarcane, root crops, milk, and water buffalo meat. Industry mainly involves the processing of agricultural produce, including jute, sugarcane, tobacco, and grain. The rate of unemployment and underemployment approaches half of the working-age population. Thus many Nepali citizens move to India in search of work, the Gulf countries and Malaysia being new sources of work.
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Weather
Exchange Rate
| Currency |
Buying |
Selling |
| US $ |
72.35 |
72.95 |
| Pound £ |
107.77 |
108.67 |
| Australian Dollar |
66.17 |
66.72 |
| Euro € |
98.09 |
98.91 |
News Websites
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