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Nepal economics - Happy Nomads

Below you'll find an article  from the Kathmandu Post of 30 january 2005, which gives some insights in the development of the economic situation of Nepal in the period 1995/96 to 2003/04.

Survey of past eight years: Some subtle, other signifcant changes

The Second Nepal Living Standard Survey (NLSS) Report released on Friday shows that important economic and other changes have taken place in Nepali society even during seemingly stagnant times. Some of these changes are sweeping, others are subtle. But one thing is sure: the socio-economic make up of Nepali society is transforming. The survey, the second of its kind, is the most extensive survey in Nepal, and it captures changes on the ground like no other survey does. The Central Bureau of Statistics (CBS) prepared it with the financial and technical assistance of the World Bank. The first NLSS was done in 1995/96. Excerpts of the present Survey follow. All the changes mentioned below occurred during the last eight years (between 1995/96 and 2003/04).

I. Income/employment/consumption

  • Per capita income grew by 80 percent reaching RS 15,162.
  • Income growth rate for the poorest twenty percent and the richest twenty percent is more or less even: it grew by 110 percent for the richest and 98 percent for the poorest.
  • Percentage of employed people increased to 74 from 67.
  • Households operating non-farm enterprises increased from 24 to 28 percent. The service sector is the fastest growing sector and now has 30 percent share of non-farm enterprises.
  • The most radical shift happened during this period in the remittance sector. Now, 32 percent Nepali households receive remittance, which was only 23 percent eight years ago. Nepalis working in the Gulf send half of the total remittance.
  • People have reported reduction in inadequacy in various areas. Inadequacy in food consumption reduced by 21 percentage points, housing by 23, clothing by 22, health care by 31, and schooling by 24 percentage points.
  • The proportion of households borrowing some kind of loan or the other has increased from 61 percent to 69 percent. Interestingly, more and more households are borrowing from their relatives rather than from banks and local landlords, which shows increasing liquidity in society.

II Demography/housing/access to facilities.

  • 40 percent of the Nepali population fall in the 0-14 age group, 53 percent in the 15-59 age group and the remaining 7 percent in the 60-plus age group.
  • Proportion of female-headed households increased from 14 percent to almost 20 percent. However, both the percentage of population depending upon others for a living, and households size exhibited a decreasing trend
  • The percentage of people living in their own housing units declined nominally to 92 percent from 94 percent. Similarly, people are increasingly living in smaller houses. The average size of dwelling declined from 604 to 531 square feet.
  • People's access to electricity, piped water and toilets has also improved significantly. Access to electricity increased from 14 percent to 37 percent, and to piped water increases to 44 percent from 33 percent. Likewise, the people having access to toilets increased from 22 to 39 percent.

III Education/health/migration:

  • Overall literacy rate increased by 12 percentage points. One more good news here is, growth in female literacy rates surpasses the male literacy growth rate. Primary schools net enrollment ratio increased from 57 to 72 percent and lower secondary from 19 to 29.
  • The proportion of fully immunized children has increased remarkably from 36 to 59 percent
  • The number of children born per 15-49 year old woman had decreased from 2.6 to 2.4. The fertility rate has also decreased from 5.1 to 3.6. On the other hand, the number of women (15-49) who have knowledge of at least one family planning method has increased by 17 percentage points to 77 percent. The proportion of married couples using some form of family planning method has increased from 15 percent to 38 percent.
  • 37 percent of the population was found to have moved from some place or the other to the current location of residence. The migration rate is higher in the case of females (50 percent) than males (22 percent) and 81 percent of the movements are from rural to more urban areas.

 

 

Summary

 

Op de volgende pagina vindt u een overzicht van het BNP per land.

http://www.worldfactsandfigures.com/gdp_country_desc.php

 

 

 

 

 

 

 

 

 

 

 

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