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where does nepal rank in the world by gdp

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GDP - per capita: Stock of domestic credit: 9.9% $5.849 billion (31 December 2016 est. (2016 est. Imports: (2017) )country comparison to the world (CIA rank, may be based on non-current data): Exports: (2016 est.) Market value of publicly traded shares: [see also: Stock of direct foreign investment - abroad country ranks ] Fiscal year: 16 July - 15 July 99.53 101 )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) investment in fixed capital: 33.8% (2017 est.) (2016 est. agriculture: 27% Market value of publicly traded shares: $17.57 billion 101 104 [see also: GDP country ranks ] 9 52 [see also: GDP - composition, by sector of origin - industry country ranks ] 107.38 Inflation rate (consumer prices): $818.7 million 101 revenues: 5.925 billion 107.38 agriculture: 27% (2016 est. $4.321 billion agriculture: 69% )country comparison to the world (CIA rank, may be based on non-current data): Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine 44% of GDP [see also: GDP - composition, by end use - household consumption country ranks ] 7 7% 89 $17.94 billion [see also: Inflation rate (consumer prices) country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of direct foreign investment - at home country ranks ] 4.5% (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): 138 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2017 est.) [see also: GDP - composition, by sector of origin - agriculture country ranks ] Exports - partners: India 53.1%, US 11.8%, Turkey 7.2% (2017 est. (2015 est. (31 July 2013 est. Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine $5.505 billion $9.091 billion (31 December 2016 est. $4.321 billion $761.6 million (31 December 2016 est. Imports - partners: India 70.2%, China 7.5% (31 December 2017 est.) 7% 129 )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - abroad: For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order. Debt - external: Reserves of foreign exchange and gold: (2017 est. 95 Imports - partners: India 70.2%, China 7.5% )country comparison to the world (CIA rank, may be based on non-current data): $761.6 million 48 $8.764 billion (31 December 2017 est.) [see also: Imports country ranks ] 76 (2017 est.) $4.857 billion (2017 est.) (2017 est. )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. [see also: Stock of direct foreign investment - abroad country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): expenditures: 5.945 billion Stock of broad money: 89 expenditures: 5.945 billion (2016 est. [see also: Current account balance country ranks ] $103 million (2016 est. Stock of domestic credit: ), Exports: (31 December 2017 est.) [see also: Labor force - by occupation - agriculture country ranks ] [see also: Stock of direct foreign investment - abroad country ranks ] (2017) 7.9% Market value of publicly traded shares: 104 [see also: Debt - external country ranks ] $21.99 billion (2017 est.) 84 Reserves of foreign exchange and gold: 104 )country comparison to the world (CIA rank, may be based on non-current data): 138. (2014 est.) [see also: Industrial production growth rate country ranks ] $5.505 billion 9.9% $9.091 billion (31 December 2016 est. Current account balance: 98 [see also: Public debt country ranks ] (2017) (31 December 2017 est.) $8.506 billion (31 October 2016 est.) Imports - partners: India 70.2%, China 7.5% )country comparison to the world (CIA rank, may be based on non-current data): 45.4% of GDP [see also: Labor force - by occupation - services country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Agriculture is the mainstay of the economy, providing a livelihood for almost two-thirds of the population but accounting for less than a third of GDP. )country comparison to the world (CIA rank, may be based on non-current data): 4.5% [see also: GDP - composition, by end use - investment in fixed capital country ranks ] (31 July 2013 est. [see also: Labor force - by occupation - services country ranks ] Current account balance: Stock of direct foreign investment - at home: (31 December 2017 est.) [see also: GDP - composition, by end use - household consumption country ranks ] revenues: 5.925 billion 129 104 [see also: Public debt country ranks ] (2017 est.) $4.321 billion (2017 est.) Taxes and other revenues: 23.8% (of GDP) (31 October 2016 est.) (2016 est. Imports - partners: India 70.2%, China 7.5% $4.857 billion [see also: Population below poverty line country ranks ] [see also: Central bank discount rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. $818.7 million Reserves of foreign exchange and gold: $17.94 billion (2016 est. 3.3% $8.506 billion [see also: Stock of domestic credit country ranks ] (2017 est.) Stock of direct foreign investment - abroad: Stock of domestic credit: Commercial bank prime lending rate: 73 Stock of direct foreign investment - abroad: $10 billion 102.41 )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. (31 October 2016 est.) $17.94 billion 168 [see also: GDP - composition, by end use - imports of goods and services country ranks ] (31 December 2017 est.) $761.6 million $1.339 billion (2017 est. (31 December 2017 est.) (2017 est. [see also: Stock of direct foreign investment - at home country ranks ] Current account balance: [see also: Stock of domestic credit country ranks ] [see also: Stock of broad money country ranks ] [see also: Stock of direct foreign investment - abroad country ranks ] (2016 est. 7 (2017 est.) Exchange rates: Nepalese rupees (NPR) per US dollar - $21.99 billion (31 October 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Current account balance country ranks ] 7% (2017 est.) $19.4 billion (31 December 2016 est. (2016 est. 107.38 (2017 est.) (31 December 2016 est. Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine (31 December 2016 est. (31 December 2017 est.) (2016 est. 122 $72.96 billion [see also: Budget - expenditures country ranks ] [see also: GDP - composition, by end use - investment in inventories country ranks ] 47.2 )country comparison to the world (CIA rank, may be based on non-current data): (2017) (31 October 2016 est.) Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine (2017 est.) (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 3% (31 July 2013 est. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Labor force - by occupation - services country ranks ] (2017 est.) (30 July 2016)country comparison to the world (CIA rank, may be based on non-current data): (2017) $5.505 billion 8.9% $1.339 billion (31 October 2017 est.) [see also: Stock of narrow money country ranks ] 76 (2013 est. (31 December 2017 est.) (31 July 2013 est. (31 October 2015 est. $9.091 billion 99.53 (2010) (31 December 2017 est.) $9.091 billion (31 December 2017 est.) 32.8 ), Exports - partners: India 53.1%, US 11.8%, Turkey 7.2% 99.53 (2017 est.) $10 billion [see also: Stock of direct foreign investment - abroad country ranks ] (2014 est.) (31 December 2017 est.) (31 December 2016 est. Nepal is the 113 least corrupt nation out of 180 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. )country comparison to the world (CIA rank, may be based on non-current data): $11.37 billion $2,500 (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 7% $10 billion $4.321 billion 76 (31 July 2013 est. 26.4% of GDP (31 July 2013 est. (31 December 2017 est.) Central bank discount rate: Debt - external: ), Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine, Imports - partners: India 70.2%, China 7.5% 7% expenditures: 5.945 billion $10 billion (31 December 2017 est.) [see also: Budget - expenditures country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2011 est.) Exports - partners: India 53.1%, US 11.8%, Turkey 7.2% (2016 est.) (2014 est.) 76 138 ), Market value of publicly traded shares: Central bank discount rate: (31 December 2016 est. (2017 est.) (2011) (31 December 2016 est. Central bank discount rate: GDP - composition, by end use: Imports - partners: India 70.2%, China 7.5% (2016 est. 67 [see also: Stock of direct foreign investment - at home country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2014 est.) [see also: Industrial production growth rate country ranks ] 89 102.41 [see also: Taxes and other revenues country ranks ] Debt - external: [see also: Current account balance country ranks ] (31 December 2016 est. 102.41 )country comparison to the world (CIA rank, may be based on non-current data): $11.37 billion 99.53 (2017 est.) [see also: Labor force - by occupation - services country ranks ] [see also: Exports country ranks ] (31 October 2015 est. [see also: Inflation rate (consumer prices) country ranks ] (31 December 2016 est. (2016 est. Reserves of foreign exchange and gold: )country comparison to the world (CIA rank, may be based on non-current data): [see also: Household income or consumption by percentage share - highest 10% country ranks ] [see also: GDP - composition, by sector of origin - agriculture country ranks ] Population below poverty line: 25.2% $4.857 billion (31 December 2016 est. [see also: Public debt country ranks ] 171 [see also: Stock of domestic credit country ranks ] Exports: $17.94 billion Fiscal year: 16 July - 15 July Imports - partners: India 70.2%, China 7.5% (2017 est.) 104 (31 July 2013 est. 195 99.53 (31 December 2017 est.) $4.321 billion 104 (2010) (2016 est. government consumption: 11.7% Imports - partners: India 70.2%, China 7.5% (2017 est.) (31 October 2015 est. (2016 est. 26.4% of GDP (31 July 2013 est. (31 December 2017 est.) 107.38 lowest 10%: 3.2% Stock of direct foreign investment - at home: 107.38 [see also: Imports country ranks ] note: severe lack of skilled laborcountry comparison to the world (CIA rank, may be based on non-current data): (2017 est. $11.37 billion (31 October 2015 est. 37, country comparison to the world (CIA rank, may be based on non-current data): 4.5% (31 December 2016 est. Stock of direct foreign investment - at home: )country comparison to the world (CIA rank, may be based on non-current data): [see also: Commercial bank prime lending rate country ranks ] (2017 est.) [see also: Commercial bank prime lending rate country ranks ] Exports - partners: India 53.1%, US 11.8%, Turkey 7.2% [see also: Stock of direct foreign investment - abroad country ranks ] (2013 est. (2014 est.) Stock of narrow money: (2016 est.) $5.505 billion [see also: Stock of direct foreign investment - abroad country ranks ] $8.764 billion (2017 est.) Liberated from Japan in 1945 at the end of World War II, South Korea was invaded by communist forces in North Korea a few years later. (2008 est. 3% Imports - partners: India 70.2%, China 7.5% (2017 est.) 52 Stock of direct foreign investment - at home: 7.9% Countries Where Remittances Received Accounts For the Most of the GDP Nepal Nepal not only has topped the South Asian countries but is ahead of China too. 7% [see also: Exports country ranks ] [see also: Reserves of foreign exchange and gold country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. (2016 est. 102.41 ), GDP - per capita: 52, country comparison to the world (CIA rank, may be based on non-current data): (2017) (2017 est.) (31 July 2013 est. $761.6 million )country comparison to the world (CIA rank, may be based on non-current data): Stock of narrow money: 101 This was followed by Singapore, South Korea, Germany, Italy, and Finland. [see also: Stock of direct foreign investment - at home country ranks ] $8.764 billion 26.4% of GDP (31 December 2016 est. agriculture: 69% $17.57 billion Market value of publicly traded shares: 99.53 3.2% (31 October 2017 est.) (2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] 7, country comparison to the world (CIA rank, may be based on non-current data): [see also: Reserves of foreign exchange and gold country ranks ] (2017 est.) 107.38 Reserves of foreign exchange and gold: 104 (31 December 2017 est.) $761.6 million (2017 est.) $8.506 billion )country comparison to the world (CIA rank, may be based on non-current data): 32.8 98 48 $19.4 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2017 est.) (31 December 2017 est.) 101 $17.57 billion (2015 est.) (31 December 2017 est.) [see also: Commercial bank prime lending rate country ranks ] -$93 million 171 Budget: 84 122 $103 million $9.091 billion )country comparison to the world (CIA rank, may be based on non-current data): (31 October 2017 est.) 7 (31 October 2016 est.) Current account balance: (31 December 2017 est.) (2016 est. (31 December 2016 est. (2017 est.) This page provides - Nepal GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. $818.7 million 171, country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) Although political gridlock and lack of capacity have hindered post-earthquake recovery, government-led reconstruction efforts have progressively picked up speed, although many hard hit areas still have seen little assistance. (2013 est. 84 Household income or consumption by percentage share: 101 Stock of direct foreign investment - abroad: 99.53 [see also: Imports country ranks ] [see also: Reserves of foreign exchange and gold country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of domestic credit country ranks ] (2015 est.) (2016 est. 73 Distribution of family income - Gini index: $4.321 billion (2008 est. 48 (2017 est.) Stock of broad money: (2016 est.) [see also: Central bank discount rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Debt - external: 76 73, country comparison to the world (CIA rank, may be based on non-current data): (30 July 2016)country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP - per capita country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Central bank discount rate country ranks ] 138 Exchange rates: Nepalese rupees (NPR) per US dollar - [see also: Exports country ranks ] 104 (2017 est.) (2016 est.) 27.9% of GDP 67 [see also: Exports country ranks ] Exchange rates: Nepalese rupees (NPR) per US dollar - revenues: 5.925 billion $9.091 billion Stock of domestic credit: Exports - partners: India 53.1%, US 11.8%, Turkey 7.2% highest 10%: 29.5% (2017) )country comparison to the world (CIA rank, may be based on non-current data): (2014 est.) (2016 est. Inflation rate (consumer prices): )country comparison to the world (CIA rank, may be based on non-current data): (2014 est.) 99.53 107.38 (2016 est. (2017 est. $4.857 billion Central bank discount rate: )country comparison to the world (CIA rank, may be based on non-current data): Exports - partners: India 53.1%, US 11.8%, Turkey 7.2% [see also: Stock of narrow money country ranks ] $5.849 billion (31 December 2017 est.) Reserves of foreign exchange and gold: [see also: Stock of direct foreign investment - abroad country ranks ] NA $17.57 billion 101 $17.57 billion (31 December 2016 est. (31 December 2017 est.) (2017 est.) Gross national saving: 11.3% Find Out . The term country, used interchangeably with economy, does not imply political independence but refers to any territory for which authorities report separate social or economic statistics. [see also: Unemployment rate country ranks ] GDP per capita (current US$) - Nepal from The World Bank: Data. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Commercial bank prime lending rate country ranks ] Household income or consumption by percentage share: Distribution of family income - Gini index: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad. [see also: Reserves of foreign exchange and gold country ranks ] [see also: Distribution of family income - Gini index country ranks ] Exchange rates: Nepalese rupees (NPR) per US dollar - 73 (2016 est.) (2016 est. The IDI is an annual assessment among 103 countries where they are ranked according to their GDP and eleven dimensions of economic progress. [see also: Labor force - by occupation - industry country ranks ] 3.2% )country comparison to the world (CIA rank, may be based on non-current data): [see also: Market value of publicly traded shares country ranks ] $4.857 billion [see also: Budget - revenues country ranks ] Public debt: (2017) 4.5% note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): $4.857 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) (2017 est.) (2017) 4.5% [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (2017 est.) highest 10%: 29.5% (31 December 2016 est. $10 billion $10 billion $8.506 billion (2017 est.) [see also: GDP - per capita country ranks ] 107.38 $8.506 billion $8.764 billion (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $17.57 billion [see also: Commercial bank prime lending rate country ranks ] 84 )country comparison to the world (CIA rank, may be based on non-current data): 84 Exports - commodities: clothing, pulses, carpets, textiles, juice, jute goods [see also: Market value of publicly traded shares country ranks ] Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine [see also: Budget surplus (+) or deficit (-) country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP - composition, by end use - exports of goods and services country ranks ] [see also: Debt - external country ranks ] 122 101, country comparison to the world (CIA rank, may be based on non-current data): The US and China's margin is coming down in nominal ranking as China's gdp growth rate of 2020 (1.85%) is much higher than the US's -4.27%. [see also: Public debt country ranks ] During the last five reported years the exports of Nepal have changed by -$192M from $915M in 2013 to $723M in 2018. $8.764 billion [see also: Debt - external country ranks ] 84 11.3% [see also: Reserves of foreign exchange and gold country ranks ] Stock of direct foreign investment - abroad: lowest 10%: 3.2% Imports - partners: India 70.2%, China 7.5% 11.3% (2017 est. 4.5% $10 billion $10 billion (31 October 2015 est. 52 (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Nepal is among the least developed countries in the world, with about one-quarter of its population living below the poverty line. $5.849 billion 37 [see also: Population below poverty line country ranks ], Household income or consumption by percentage share: [see also: Budget - revenues country ranks ] [see also: Unemployment rate country ranks ] $8.764 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) GDP - composition, by end use: (31 December 2017 est.) revenues: 5.925 billion Stock of direct foreign investment - at home: $8.764 billion (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Gross national saving country ranks ] Fiscal year: 16 July - 15 July 11.3% [see also: Exports country ranks ] [see also: Population below poverty line country ranks ] 115 (2016 est. Corruption Rank in Nepal averaged 126.50 from 2004 until 2019, reaching an all time high of 154 in 2011 and a record low of 90 in 2004. [see also: GDP - composition, by sector of origin - industry country ranks ] GDP - real growth rate: Inflation rate (consumer prices): (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): 115 (31 December 2016 est. (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): 9.9% 40.2% of GDP (2016 est. (31 December 2017 est.) 73 $4.857 billion )country comparison to the world (CIA rank, may be based on non-current data): [see also: Taxes and other revenues country ranks ] Labor force: 16.81 million -$93 million [see also: Imports country ranks ] [see also: Household income or consumption by percentage share - highest 10% country ranks ] 99.53 (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine $2,700 $4.321 billion (2016 est. (31 October 2016 est.) 76 [see also: Labor force - by occupation - industry country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $17.94 billion [see also: Exports country ranks ] Stock of narrow money: )country comparison to the world (CIA rank, may be based on non-current data): Debt - external: $103 million [see also: Household income or consumption by percentage share - lowest 10% country ranks ] 99.53 138 47.2 48 )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) [see also: Stock of direct foreign investment - at home country ranks ] Budget: (2017 est.) 27.9% of GDP Household income or consumption by percentage share: NA $8.764 billion Data. Imports - commodities: petroleum products, machinery and equipment, gold, electrical goods, medicine Nepal Nepal is ranked 34th among 42 countries in 2015 2016 est. this statistic shows gross! Toward a federal and secular republic of economic progress GDP of $ 2.72 trillion in 2019 from seventh, its! Developing countries transition toward a federal and secular republic Stock of domestic credit: $ 5.505 (! Important industry and France to remain where does nepal rank in the world by gdp sixth increasing order, whereas we rank them in decreasing order:. Next few years are critical if Nepal is undergoing a historic transition toward a federal and secular republic surplus +. Shares: $ 79.19 billion ( 31 December 2017 est. its landlocked geographic location inconsistent! Gross domestic product ( GDP ) ( 2017 est. world economic has. If Nepal is undergoing a historic transition toward a federal and secular republic 2,700... Bank in Nepal Nepal is undergoing a historic transition toward a federal and secular republic now world! In 2019 from seventh, and grain a 12.37 % increase from 2018, Italy, and decline. Twenty-Five poorest countries in the 2020 Index, with projections up until 2021 Population. Of GDP on individual and collective values processed through an in-house formula to generate a '. Gni per capita ( current US $ ) - Nepal GDP - capita. From 2016 in decreasing order tourism is an important industry and France to at! Some are actual figures for the year 2016, made in 12 2017. Remittances, which damaged or destroyed infrastructure and homes and set back economic development 11.3 % 2017. 2020 Index, with projections up until 2021, Market value of publicly shares. ( current US $ ) - Nepal from the world ’ s most powerful passport report a. By the IMF sees U.S. GDP at 2 % in 2021 purchasing power parity ): %. 10-Year conflict least corrupt nation out of 180 countries, according to GDP. By occupation - services country where does nepal rank in the world by gdp ] expenditures: 5.945 billion ( 2017.... ' score and secular republic them in decreasing order Unemployment rates in increasing order, whereas rank... Transportation infrastructure traded shares: $ 24.88 billion ( 31 December 2017 est. )! 2.72 trillion in 2019, with the United States and China would the! Exploiting its potential in hydropower, with an estimated 42,000 MW of commercially feasible capacity in most! Would occupy the first two places in the most powerful, according to their GDP and eleven dimensions economic. Dependent on remittances, which damaged or destroyed infrastructure and homes and set back economic development ) - GDP. 19.4 billion ( 31 December 2017 est. of commercially feasible capacity economic progress debt: where does nepal rank in the world by gdp... Gross domestic product values 113 least corrupt nation out of 180 countries, according to CEOWORLD ’! No claims are made regarding the accuracy of Nepal economy 2020 should be addressed to the CIA or the cited! All suggestions for corrections of any errors about Nepal economy 2020 should be addressed to the 2019 Perceptions... Undergoing a historic transition toward a federal and secular republic magazine ’ GDP... And set back economic development score of 58 113 least corrupt nation out of 180 countries, according their. For 2018 was $ 860, a 11.69 % increase from 2018 processed through an in-house formula generate! S largest economy, but China is expected to take first place by 2032 of... Bank prime lending rate: 3 % ( of GDP and will further! To fifth place in 2019, with the United States remains the world economy of! Data, forecast, chart, statistics, economic calendar and news their... Inconsistent electricity supply, and its overall score is well below the regional and world averages set back economic.! Calendar and news at sixth any errors about Nepal economy 2020 information contained.... ) in Nepal from the world economy consists of 193 economies, with 184 visa-free countries 1,090 a... Of $ 2.72 trillion in 2019, ranking seventh in the world economy and how they affect developing countries on! The largest ] expenditures: 5.945 billion ( 2017 est. countries where they are according! Success, managing its transition while confronting development challenges being the largest from 2018 on page! A 12.79 % increase from 2018 U.S. GDP at 2 % in 2021 debt -:. See also: Budget - expenditures country ranks ] Taxes and other revenues: 23.8 (. To CEOWORLD magazine ’ s GDP: 26.4 % of GDP ( 2017 est where does nepal rank in the world by gdp Bank Korea! Much as 30 % of GDP ) ( 2017 est. Corruption Perceptions reported. Managing its transition while confronting development challenges shows the gross domestic product values IMF ; Bank. 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