Nepal

Nepal is a landlocked, lower-income Himalayan economy — one of Asia's poorest — heavily dependent on agriculture, tourism, and above all remittances from millions of Nepalis working abroad.

Wedged between India and China, it relies on both giant neighbors and has struggled to develop its enormous hydropower potential while rebuilding from a devastating 2015 earthquake.

Key Sectors

The economy rests on remittances (a huge share of national income), agriculture, tourism centered on the Himalayas and Mount Everest, and a growing but still small hydropower sector.