Nepal’s HDI improves by two spots in 2019

December 11, 2019 | Investopaper

The ranking of Nepal’s Human Development Index (HDI) has improved by 2 spots in 2019. Nepal is ranked at 147 spots, two spots better than it was in 2018. The report was published by the United Nations Development Programme on Tuesday. Nepal is ranked in 147 sport out of 189 nations considered for ranking purposes. Nepal is placed in the medium human development category as it acquired a 0.579 HDI rating in 2018.

The 2019 HDI identifies inequalities in human development. It is all set to go beyond income. beyond averages and beyond today. It works to set policies to redress these inequalities within a framework that joins the formation of capabilities with the broader context in which the market and government functions. HDI reports also showed that between 1990 and 2018, the country’s HDI value increased by 52.6 percent to 0.579. The major cause of an increase in HDI was an increase in the life expectancy of people and years of schooling.

Among the South Asian countries, Srilanka is ranked at 71st position followed by the Maldives and India in the 104th and 129th position. Likewise, Afghanisthan is ranked at 170th position.

 

Investopaper

Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!