,
IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent),
ITSO, ITU, ITUC, MIGA, MINURCAT, MINUSTAH, MONUC, NAM, OPCW, SAARC,
SACEP, UN, UNAMID, UNCTAD, UNESCO, UNIDO, UNIFIL, UNMIL, UNMIS,
UNMIT, UNOCI, UNOMIG, UNTSO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO,
WMO, WTO

Diplomatic representation in the US:

chief of mission: Ambassador Suresh Chandra CHALISE
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 Nancy J. POWELL
embassy: Maharajgunj, Kathmandu
mailing address: use embassy street address
telephone: [977] (1) 400-7200
FAX: [977] (1) 400-7272

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):

$29.29 billion (2007 est.)

GDP (official exchange rate):

$9.627 billion (2007 est.)

GDP - real growth rate:

3.2% (2007 est.)

GDP - per capita (PPP):

$1,000 (2007 est.)

GDP - composition by sector:

agriculture: 38%
industry: 20%
services: 42% (FY05/06 est.)

Labor force:

11.11 million
note: severe lack of skilled labor (2006 est.)

Labor force - by occupation:

agriculture: 76%
industry: 6%
services: 18% (2004 est.)

Unemployment rate:

42% (