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Mar 15, 2024

HDI Report: Nepal stands at 146th

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FA News Desk

The United Nations Development Programme (UNDP) has released the Human Development Index (HDI) report.

The HDI is the most widely used indicator of human development and has changed how people view the concept. It is a summary measure of the geometric mean of normalized indices for each of the three dimensions in an average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and having a decent standard of living.

Issuing a press release on Thursday, the international agency said that Nepal’s HDI value was 0.601, placing the country in the medium human development category and positioning it at 146 out of 193 countries and territories.

Among the 193 countries of the global Nepal ranked at 146th position.

UNDP’s Nepal’s Resident Representative Ayshanie Medagangoda-Labé has said that “Nepal performed progressively in the last 5 decades, yet fell into gridlock at times, particularly following the pandemic– be it related to decent jobs for youths, spatial and social inequalities, economic growth, as well as trust in institutions.”

“As compared to 2021, Nepal’s progress on HDI value is 0.010 which is higher than global average of 0.004,” reads the statement.

Between 1990 and 2022, Nepal’s HDI value changed from 0.395 to 0.601, representing a change of 52.2 percent that valued Nepal’s Gross National Income (GNI) per capita by about 165.7 percent between 1990 and 2022.

Switzerland  0.962, Norway 0.961, Iceland 0.959, Hong Kong 0.952, Australia 0.951 are the countries with the Highest HDI whereas South Sudan 0.385, Chad 0.394, Niger 0.400, Central African Republicn0.404, Burundi are the countries with the Lowest HDI.

Nepal’s neighboring countries China is ranked at 75th position while India ranks 134th.

The other South Asian countries– Sri Lanka stands at 78, Bhutan stands at 125 and Bangladesh tops in the 129th with Pakistan standing at 164th position.