Nepal vs the United States: Economic Indicators Comparison
The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Nepal ranked 103rd with $29B. By GDP 5-years average growth and GDP per capita, the United States and Nepal ranked 113th vs 37th and 11th vs 170th, respectively.
Gross Domestic Product & Income
Stat | Nepal | United States |
---|---|---|
GDP | $29B | $20.5T |
GDP growth, 1 year | 6.3% | 2.9% |
GDP growth, 5-years average | 4.8% | 2.4% |
Population | 29.4M | 325.1M |
GDP per capita | $1k | $63k |
GDP per capita growth | 4.91% | 2.29% |
Purchasing Power Parity conversion factor | 34.93 | 1 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.33 | 1 |
GDP per capita, PPP adjusted | $2.9k | $63k |
GNI, Atlas method | $27.2B | $20.6T |
GNI per capita | $970 | $63k |
GNI, PPP adjusted | $87.4B | $20.8T |
GNI per capita, PPP adjusted | $3.1k | $64k |
Financial system and Human development
Stat | Nepal | United States |
---|---|---|
Income Tax Rate | 25% | 37% |
Corporate Tax Rate | 25% | 21% |
Inflation, consumer prices | 4.2% | 2.4% |
Inflation, GDP deflator | 6.3% | 2.4% |
Unemployment | 1.3% | 3.9% |
Economic Freedom Index | 54.2 | 76.6 |
Personal Freedom Index | 7.75 | 8.55 |
Human Freedom Index | 6.83 | 8.39 |
Property Rights Index | 40.7 | 81.8 |
Judical Effectiveness Index | 32 | 83.7 |
Business Freedom Index | 61.6 | 83.3 |
Fiscal Health Index | 98.1 | 54.3 |
Labor Freedom Index | 53.7 | 87.9 |
Investment Freedom Index | 10 | 85 |
Financial Freedom Index | 30 | 80 |
Trade Freedom Index | 60.4 | 79.8 |
Monetary Freedom Index | 71.2 | 75.5 |
Government Spending Index | 77.9 | 56.5 |
Tax Burden Index | 83.4 | 74.6 |
Government Integrity Index | 31.5 | 77.2 |
Corruption Perceptions Index | 31 | 71 |
Life expectancy at birth, years | 70.2 | 78.5 |
Suicide mortality rate, per 100,000 people | 8.8 | 15.3 |
Mortality caused by road traffic injury, per 100,000 people | 15.9 | 12.4 |
Intentional homicides, per 100,000 people | 2.2 | 5.3 |
International tourism, number of arrivals | 1.2M | 79.7M |
Government debt & reserves
Stat | Nepal | United States |
---|---|---|
Central government debt, % of GDP | 30.4% | 105.8% |
External debt stocks, % of GNI | 18.9% | N/A |
External debt stocks | $5.5B | N/A |
Short-term debt, % of total reserves | 3% | N/A |
Total debt service, % of exports and primary income | 8.5% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 38.1% | 6.1% |
Gross savings, % of GDP | 49.5% | 18.6% |
Gross capital formation, % of GDP | 55.2% | 21% |
Total reserves including gold | $8.3B | $449.9B |
Foreign direct investment net inflows | $68.2M | $258.4B |
Exports, imports and economic structure
Stat | Nepal | United States |
---|---|---|
Exports of goods and services, % of GDP | 8.9% | 12.2% |
Imports of goods and services, % of GDP | 46.3% | 15.3% |
Current account balance (balance of payments) | -$2.8B | -$491B |
Revenue excluding grants, % of GDP | 22.9% | 17.2% |
Grants excluding technical cooperation, BoP | $629.7M | N/A |
Personal remittances received | $8.3B | $6.7B |
Industry including construction value added, % of GDP | 13.5% | 18.2% |
Agriculture, forestry and fishing value added, % of GDP | 25.3% | 0.9% |
Charges for the use of intellectual property, payments BoP | N/A | $56.1B |
Charges for the use of intellectual property, receipts BoP | N/A | $128.7B |
Expense, % of GDP | 19.4% | 22.4% |
Government Expenditure, % of GDP | 27.2% | 38.1% |