india gdp is larger than nepal why ?? in short note
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India has a young population and corresponding low dependency ratio, healthy savings and investment rates, and is increasing integration into the global economy. Nepal is among the least developed countries in the world, with about one-quarter of its population living below the poverty line.
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The trajectory of the Indian economy in the last few years has made worsening economic conditions quite apparent. Nepal made tremendous progress over the last ten years. According to statistics, from 2010 to 2020, the share of every Nepalese in the economy has increased by 6.5%. India has surpassed only Pakistan in this matter, where every person's share of the economy in the entire decade has recorded a growth of only 2.5%.
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