International organization participation:
AsDB, BIMSTEC, CP, FAO, G-77, IBRD, ICAO, ICC, ICRM, IDA, IFAD,
IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IOM (observer), IPU,
ISO (correspondent), ITU, ITUC, MIGA, MINUSTAH, MONUC, NAM, ONUB,
OPCW, SAARC, SACEP, UN, UNCTAD, UNDOF, UNESCO, UNIDO, UNMEE, UNMIL,
UNMIS, UNOCI, UNTSO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador (vacant)
chancery: 2131 Leroy Place NW, Washington, DC 20008
telephone: [1] (202) 667-4550
FAX: [1] (202) 667-5534
consulate(s) general: New York
Diplomatic representation from the US:
chief of mission: Ambassador James F. MORIARTY
embassy: Panipokhari, Kathmandu
mailing address: use embassy street address
telephone: [977] (1) 411-1179
FAX: [977] (1) 441-9963
Flag description:
red with a blue border around the unique shape of two overlapping
right triangles; the smaller, upper triangle bears a white stylized
moon and the larger, lower triangle bears a white 12-pointed sun
Economy Nepal
Economy - overview:
Nepal is among the poorest and least developed countries in the
world with almost one-third of its population living below the
poverty line. Agriculture is the mainstay of the economy, providing
a livelihood for three-fourths of the population and accounting for
38% of GDP. Industrial activity mainly involves the processing of
agricultural produce including jute, sugarcane, tobacco, and grain.
Security concerns relating to the Maoist conflict have led to a
decrease in tourism, a key source of foreign exchange. Nepal has
considerable scope for exploiting its potential in hydropower and
tourism, areas of recent foreign investment interest. Prospects for
foreign trade or investment in other sectors will remain poor,
however, because of the small size of the economy, its technological
backwardness, its remoteness, its landlocked geographic location,
its civil strife, and its susceptibility to natural disaster.
GDP (purchasing power parity):
$41.92 billion (2006 est.)
GDP (official exchange rate):
$7.154 billion (2006 est.)
GDP - real growth rate:
5% (2006 est.)
GDP - per capita (PPP):
$1,500 (2006 est.)