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Nepal

Welcome to the price transmission page for Nepal. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Nepal

Historic Warnings per Commodity

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Background information

Nepal is ranked as one of the least developed and poorest countries in the world. The country’s natural resources include quartz, timber and small deposits of minerals. The focus of industry lies on the processing of agricultural products; Nepal moreover has potential in hydropower. In the service sector, tourism, especially with respect to mountaineering, is an important source of income. Massive earthquakes in early 2015 hit the country hard and set back economic development. Political instability remains a challenge.

Agriculture represents the backbone of the landlocked country: it employs almost three-quarters of the labor force and contributes to roughly one-third of GDP. Important crops are pulses, rice, corn, wheat, sugarcane, jute and tobacco. Water buffalos are important livestock. The country is highly vulnerable to natural hazards, potentially causing severe periodical famines.

Poverty levels are high in Nepal: roughly a quarter of the population of 27.8 million people is living in poverty and lacking employment opportunities force many young Nepalese to migrate. Malnutrition is among the highest worldwide: 41% of children under five are stunted. The food security situation is most serious in the mountainous areas of the mid- and far-western regions which lack in basic infrastructure such as streets, health centers or schools. The HDI (2014) put Nepal into the low human development category with a value of 0.548.