People and Economy

Nepal has a population of more than 18 million people made of different races living in different regions, with diverse culture, languages and dialects. The Gurungs and Magars live mainly in the west. The Rais, Limbus and Sunuwars, Pahari inhabits the slopes and valleys of the Eastern mid hills. The Sherpas live in the Himalayan region. The Newars constitute an important ethnic group of the capital valley Kathmandu.

There are Tharus, Yadavas, Satar, Rajvanshis and Dhimals in the Terai region. The Brahmans, Chhetris and Thakuris are spread generally over all parts of the Kingdom.

Economy

Nepal is a developing country with an agricultural economy. In recent years, the country's efforts to expand into manufacturing industries and other technological sectors have achieved much progress. Farming is the main economic activity followed by manufacturing, trade and tourism. The chief sources of foreign currency earnings are merchandise export, services, tourism and Gurkha remittances. The annual Gross Domestic Product (GDP) is about US$ 4.3 billion.


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