Prosperity gap in Nepal
Nepal: Prosperity gap was 3.9 average shortfall from a prosperity standard of $28/day in 2022. ▼ Falling
Prosperity gap in Nepal, 1984–2022
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
Nepal recorded 3.9 average shortfall from a prosperity standard of $28/day for prosperity gap in 2022. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 43.5% over ten years.
Over the whole period, prosperity gap in Nepal peaked at 16.6 average shortfall from a prosperity standard of $28/day in 1984 and was at its lowest, 3.9 average shortfall from a prosperity standard of $28/day, in 2022.
Nepal ranks 42nd of 121 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.6 average shortfall from a prosperity standard of $28/day | 16.6 average shortfall from a prosperity standard of $28/day | 16.6 average shortfall from a prosperity standard of $28/day | 1 |
| 1990s | 14.3 average shortfall from a prosperity standard of $28/day | 14.3 average shortfall from a prosperity standard of $28/day | 14.3 average shortfall from a prosperity standard of $28/day | 1 |
| 2000s | 11.5 average shortfall from a prosperity standard of $28/day | 11.5 average shortfall from a prosperity standard of $28/day | 11.5 average shortfall from a prosperity standard of $28/day | 1 |
| 2010s | 6.9 average shortfall from a prosperity standard of $28/day | 6.9 average shortfall from a prosperity standard of $28/day | 6.9 average shortfall from a prosperity standard of $28/day | 1 |
| 2020s | 3.9 average shortfall from a prosperity standard of $28/day | 3.9 average shortfall from a prosperity standard of $28/day | 3.9 average shortfall from a prosperity standard of $28/day | 1 |
Countries ranked near Nepal
- 40 Nicaragua 4.2 average shortfall from a prosperity standard of $28/day compare
- 41 Sri Lanka 4 average shortfall from a prosperity standard of $28/day compare
- 42 Egypt 3.9 average shortfall from a prosperity standard of $28/day compare
- 42 Morocco 3.9 average shortfall from a prosperity standard of $28/day compare
- 45 Georgia 3.8 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Nepal
- Poverty headcount ratio at $8.30 a day (2021 PPP) 52.7% (2022)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 9.1% (2022)
- Poverty gap at $3.00 a day (2021 PPP) 0.3% (2022)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 2.4% (2022)
- Poverty gap at $8.30 a day (2021 PPP) 16.1% (2022)
- Poverty headcount ratio at societal poverty line 20.2% (2022)
- Poverty gap at $4.20 a day (2021 PPP) 1.8% (2022)
- Population living in slums 40.1% (2022)
- Income share held by second 20% 13.1% (2022)
- Gini index 30 (2022)
Frequently asked questions
- What is prosperity gap in Nepal?
- Prosperity gap in Nepal was 3.9 average shortfall from a prosperity standard of $28/day in 2022, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Nepal?
- The highest recorded value was 16.6 average shortfall from a prosperity standard of $28/day in 1984.
- What is the lowest prosperity gap recorded in Nepal?
- The lowest recorded value was 3.9 average shortfall from a prosperity standard of $28/day in 2022.
- How does Nepal rank for prosperity gap?
- Nepal ranks 42nd out of 121 countries with data for 2022.
- Is prosperity gap rising or falling in Nepal?
- Over the last ten years it is down 43.5%. The long-run trend across the full record is falling.
- Where does this Nepal data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.