Asian Development Bank and Nepal: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Nepal as well as concise information on ADB's operations in the country and contact information. Nepal has made slow, but steady progress in reducing poverty in the past decade, with poverty incidence estimated to have declined to 31% in 2004, from 42% in 1996. Social and human development indicators, such as life expectancy, infant and maternal mortality rates, and adult literacy, have all improved, and despite a decade-long conflict, the country has made notable progress on the Millennium Development Goals (MDGs). Nevertheless, Nepal remains one of the poorest countries in the world, with per capita income of $468 per annum, wide income disparities, and poor access by a large section of the population to basic social services.