find out the present PCI of Nepal, the USA, Japan and China with the reference of any secondary source.
Answers
Explanation:
NEPAL - Data are in current U.S. dollars. Nepal gdp per capita for 2019 was $1,071, a 3.12% increase from 2018. Nepal gdp per capita for 2018 was $1,039, a 13.96% increase from 2017. Nepal gdp per capita for 2017 was $911, a 17.28% increase from 2016.
CHINA - Data are in current U.S. dollars. China gdp per capita for 2019 was $10,262, a 2.86% increase from 2018. China gdp per capita for 2018 was $9,977, a 12.36% increase from 2017. China gdp per capita for 2017 was $8,879, a 8.98% increase from 2016.
USA - One of the most commonly used metrics for gauging economic performance and shifting fortunes of local economies is per capita income (PCI).
JAPAN -
1) $5.38 trillion
est.) $5.38 trillion (nominal, 2021 est.)
2) 40,165.158 USD
What was Japan's GDP per Capita in 2020? Japan Gross Domestic Product (GDP) per Capita reached 40,165.158 USD in Dec 2020, compared with 40,809.805 USD in Dec 2019.
Answer:
The economy of Nepal is largely dependent on agriculture and remittances.[6] Economic development has been complicated and affected by the constant change in political scenarios which has ranged from monarchy to being ruled by the Nepal Communist Party in 2019. An isolated, agrarian society until the mid-20th century, Nepal entered the modern era in 1951 without schools, hospitals, roads, telecommunications, electric power, industry, or civil service. The country has, however, made progress toward sustainable economic growth since the 1950s and opened the country to economic liberalization leading to economic growth and improvement in living standards than compared to the past. The biggest challenges faced by the country in achieving higher economic development are the frequent changes in political leadership as well as corruption.
Economy of
Nepal
Ktmcity4.jpg
Kathmandu, the financial centre of Nepal
Currency
Nepalese rupee (NPR, रू)
Fiscal year
16 July - 15 July
Trade organizations
WTO, SCO and SAFTA
Country group
Developing/Emerging[1]
Lower-middle income economy[2]
Statistics
Population
Increase 29,458,427(2021)[3]
GDP
Increase $36.084 billion (nominal,2021 est)[4]
Increase $122.62 billion (PPP, 2021 est)[4]
GDP growth
6.7% (17/18) 7.1% (18/19)
-1.9% (19/20) 2.7% (20/21f)[5]
GDP per capita
Increase $1,235.61 (nominal, 2021 est.)[4]
Increase $4,199.08 (PPP, 2021 est.)[4]
GDP by sector
Agriculture: 26.5%
Industry: 23.4%
Services: 51.1%
(2017 est.)[6]
Inflation (CPI)
6.15% (2020)[4]
Population below poverty line
18.7% (2020)[7]
31.2% on less than $3.20/day (2020)[8]
Gini coefficient
32.8 medium (2010)[9]
Human Development Index
Increase 0.602 medium (2019)[10] (142nd)
Increase 0.446 low IHDI (2019)[11]
Labour force
Decrease 16,016,973 (2020)[12]
semi skilled labor[6]
74.2% employment rate (2020)[13]
Labour force by occupation
agriculture: 43.1%
industry: 21.24%
services: 35.66%
(2020)[6]
Unemployment
1.47% (2020)[6]
Main industries
tourism, carpets, textiles; small rice, jute, sugar, and oilseed mills; cigarettes, cement and brick production[6]
Ease-of-doing-business rank
Increase 94th (easy, 2020)[14]