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May 2, 2024, Thursday
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UNDP ranks Nepal 146th on HDI, 3 places higher than in 2021

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The United Nations Development Programme (UNDP) has ranked Nepal 146th on the Human Development Index (HDI).

In a statement on Thursday, the international agency said that Nepal’s HDI value was 0.601, placing the country in the medium human development category and ranking it 146th out of 193 countries and territories.

Nepal’s ranking was 149 in 2021.

“As compared to 2021, Nepal’s progress on HDI value is 0.010 which is higher than the 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.

During the same period, the South-Asian nation’s life expectancy at birth increased by 15.7 years, expected years of schooling by 5.4 years, and mean years of schooling by 2.1 years. Nepal’s Gross National Income (GNI) per capita changed by about 165.7 percent between 1990 and 2022.

The 2022 female HDI value for Nepal is 0.562, contrasting with 0.635 for males, resulting in a GDI value of 0.885.

“The HDI is projected to reach record highs in 2023 after steep declines during 2020 and 2021,” the agency said.

However, the international organization raised concerns about global inequality and gridlock on global challenges due to “rising political polarisation and distrust.”

“Rich countries are experiencing record-high levels of human development while half of the world’s poorest countries remain below their pre-crisis level of progress,” the agency said.

Uneven development progress is leaving the poorest behind, exacerbating inequality, and stoking political polarisation on a global scale.