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Remittance inflows to GDP (%) in India was reported at 3.1169 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Remittance inflows to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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Personal remittances, received (% of GDP) in India was reported at 3.5187 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Workers' remittances and compensation of employees, received (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
In 2023, just over 55.36 percent of Nepal’s gross domestic product (GDP) came from its service sector. Agriculture contributed the second largest amount, while eleven percent came from the industry sector. The majority of the Nepalese population lives in rural areas, and are depended on agriculture for their livelihood. A struggling but strong population Around 63 percent of Nepal’s 29.6 million inhabitants are part of the workforce, i.e. between 15 to 64 years old. Though the country has a very low unemployment rate (probably due to the fact that agricultural occupations are usually not taken into account when calculating national unemployment) , it is considered a country weighed down by high poverty, with a consistent trade deficit and a volatile inflation rate. However, recent perceptions of children’s living standards when they grow up in Nepal are overwhelmingly of the opinion that the standard of living is better. The Nepalese economy Nepal has robust ties with the country of India, which is both the country’s main export partner, as well as its main import partner . Nepal’s economy has been under the influence of political instability over the course of the country’s history: a monarchy until the early 2000s, it then became a republic with a Maoist-dominated government. Lately, Nepal made several attempts to improve its economic situation, but still relies heavily on remittances and foreign aid.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Remittance inflows to GDP (%) in India was reported at 3.1169 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Remittance inflows to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.