World Bank Income Classification:Low Income
The World Bank classifies economies for analytical purposes into four income groups: low, lower-middle, upper-middle, and high income. For this purpose it uses gross national income (GNI) per capita data in U.S. dollars, converted from local currency using the World Bank Atlas method, which is applied to smooth exchange rate fluctuations.
Least Developed Country:Yes
Since 1971, the United Nations has recognized LDCs as a category of States that are deemed highly disadvantaged in their development process, for structural, historical and also geographical reasons. Three criteria are used: per capita income, human assets, and economic vulnerability.
Gender Inequality Index:0.575
GII is a composite metric of gender inequality using three dimensions: reproductive health, empowerment and the labour market. A low GII value indicates low inequality between women and men, and vice-versa.
Gender Development Index:0.723
GDI measures gender inequalities in achievement in three basic dimensions of human development: health, education, and command over economic resources.
Population:209,497,025
Source of population data: United Nations, Department of Economic and Social Affairs, Population Division (2022). World Population Prospects: The 2022 Revision
Male:19,976,265 (9.5%)
Female:189,520,760 (90.5%)
By 2027, more people, especially women, youth, the most marginalized and poor, increasingly benefit from and contribute to inclusive, resilient, and sustainable socio-economic transformation at federal, provincial, and local levels (UNSDCF Outcome 1)
By 2027, more people, especially women, youth, the most marginalized and poor, increasingly benefit from and contribute to inclusive, resilient, and sustainable socio-economic transformation at federal, provincial, and local levels (UNSDCF Outcome 1)
Complementary indicators are identified as those in the results framework that are not repeated verbatim in the results framework of another United Nations entity, but are related or provide different but complementary lenses or insights into the same issue, high-level result and/or area of complementary work, such as a Sustainable Development Goal target.
Complementary
UN Women reports on this indicator in a global scope, signified by "(Desk Review)" at the end of the indicator statement (see the Our Global Results page for the global result)
Common indicators are those that appear verbatim the same in at least two entities' results frameworks and are drawn, where possible, directly from other globally agreed frameworks.
Common
Complementary indicators are identified as those in the results framework that are not repeated verbatim in the results framework of another United Nations entity, but are related or provide different but complementary lenses or insights into the same issue, high-level result and/or area of complementary work, such as a Sustainable Development Goal target.
Complementary
By 2027, more people, especially women, youth, the most marginalized and poor, increasingly benefit from and contribute to inclusive, resilient, and sustainable socio-economic transformation at federal, provincial, and local levels (UNSDCF Outcome 1)
There has been notable progress on this outcome in the first year of SN 2023-27 implementation. Firstly, a total of 300 women led Micro, Small and Medium Enterprises (MSMEs) have started digital financial transactions benefitting their business to transact digitally. This has helped them to access digital financial services to expand their business. In addition, Merchant Management System, the digital payment system of Nepal Clearing House Limited has been engendered by introducing gender field in the system and making it mandatory for the banking institutions to enter gender details while passing information of merchants. To this end, UN Women provided with technical and financial support in partnership with UNCDF. This is strategic interventions to capture gender information of MSMEs using digital payment system and inform the larger policy instruments to close gender digital divide. Secondly, the agenda of gender equality and women’s empowerment (GEWE) and the invisibility and barriers of unpaid care and domestic work has been captured in the guidance note of the 16 th National Periodic Plan as a result of UN Women’s ongoing advocacy and assessment of barriers of women to the economic transformation. It was also supplemented by the memorandum of women led MSMEs submitted to the government capturing the voices and representation of women from all provinces demanding the solutions and recommendations to women led business. This was facilitated by Federation of Women Entrepreneurs Association of Nepal with technical and financial support from UN Women. Thirdly, private sectors have started advocating for and promoting GEWE agenda in Nepal. In 2023, nine companies have applied for the Women’s Economic Empowerment Principles (WEPs) signatories established by UN Women. Among them, three have been approved and published in WEPS portal. This was facilitated by UN Women engaging key private sector actors including the Global Compact Nepal, Stock Exchange Nepal and International Finance Corporation to promote gender equality through Ring the Bell event 2023 on the theme “DigitAll: Innovation and Technology for Gender Equality”.Disclaimer and notes
References to Kosovo shall be understood to be in the context of United Nations Security Council resolution 1244 (1999).