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The graph to the left shows Nepal's GDP from 1960 to 2000.
As you can see, Nepal has had a pretty steady growth rate over
the past forty years. Nepal has had a pretty good growth as well.
In 1960, Nepal's GDP was around $1.4 billion and it grew almost
four times as big by 2000. This growth is rather amazing
considering that Nepal is still a developing nation. What does
this mean? Perhaps Nepal will ontinue to grow and eventually
prosper itself into a developed nation. One interesting period is
that of around 1981. This is the same time of the gas crisis that we
had here in the US. This is also the only period during this
graph when Nepal's GDP had not grown. |
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To the left is another graph showing the GDP of Nepal.
This graph shows the projected GDP for the next fifty years.
This graph is much differnt then that of the last forty years.
While Nepal's GDP is projected to continuously grow over the next
fifty years like it did in the last forty years, it is projected to
increase at an exponential rate. It is projected to double by the
year 2018, but will grow at a much faster rate after that. By
2050, it is projected to be eight times the size of its 2000 value.
Another interesting note is that Nepal's GDP is projected to
never have a negative GDP growth value over the next fifty years.
Something that should be noted is that these numbers are very
optimistic and while I hope Nepal will do this well over the next fifty
years, I don't think it will. |
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The pie chart to the left shows Nepal's production by sector
in the year 2000. As you can see, agriculture dominates Nepal's
production. This is interestin considering that almost half of
Nepal is mountainous. Materials and IC tech only make up 1.2% of
Nepal's production when combined. Energy is also a slight portion
of Nepal's total production. Services is about 25% of
Nepal's production which is larger then I would have expected. |
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This pie chart shows the projected production by sector in
the year 2050. In this short time period, Nepal's production has
changed dramatically. It is easy to see that Nepal will move away
from agriulture and more towards services, which becomes the dominate
sector in its prodution. In just fifty years, the services sector
doubles and the agriculture sector shrinks from 55% to 17%. The
manufactures sector also increases dramatically and nearly doubles by
2050. This could help explain the projected growth of Nepal's
GDP. Nepal's dominate sector switches from agriculture, which is
not a very profitable, to services and manufactures which tend to be
more profitable. |
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This bar chart shows the projected GDP per capita for the
World, South Central Asia and Nepal over the next hundred years.
This particular graph is very interesting considering the
projected GDP of Nepal. Nepal's GDP increased dramatically over
the next fifty years, but its GDP per capita does not do as well
compared to that of the World and its region in the same time period.
Nepal's GDP per capita does increase expontentially by the end of
its projected period but is still far behind that of its region and the
World. When looking at the total change during this hundred
years, Nepal's GDP per capita is 35 times the starting value of $200.
Nepal does start to close the gap by 2100. In 2000, the
World GDP per capita is 26 times that of Nepal's, but by 2100 it is
less then eight times that of Nepal. |