Nepal is the third-fastest-growing economy in 2017


These are the fastest growing economies in the world

From Laos to Nepal. Read more: http://wef.ch/2t2cMko

Posted by World Economic Forum on Sunday, June 11, 2017

 

According to World Bank’s latest edition of Global Economic Prospects, Nepal is ranked third as the fastest-growing economies in 2017.  Ethipoia is the fastest-growing economy while Uzbekistan is second.  Nepal is ahead of India, Bhutan, and Bangladesh as the fastest-growing economies in 2017.

As stated on World Economic Forum website, Nepal has projected growth of 7.5%. According to the World Bank, “Nepal’s growth has rebounded strongly following a good monsoon, reconstruction efforts after the 2015 earthquake and normalization of trade with India.”

According to the World Bank, below are the top 10 fastest-growing economies in 2017 :-

  1. Ethiopia
  2. Uzbekistan
  3. Nepal
  4. India
  5. Tanzania
  6. Djibouti
  7. Laos
  8. Cambodia
  9. Myanmar
  10. Philippines

China is at 16th place with 6.5% expected growth.

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