Nepal Competitiveness Index 2024

The second edition of Nepal Competitiveness Index evaluates Nepal's seven provinces across 64 indicators in areas like macroeconomic stability, government framework, and quality of life. Bagmati province leads in competitiveness, while Sudurpaschim and Karnali provinces face challenges. In addition, the NCI 2024 also assesses seven provinces' digital competitiveness. The report aims to guide policymakers in fostering inclusive growth and prosperity in Nepal's all seven provinces.

The Nepal Institute for Policy Research (NIPoRe) and the Asia Competitiveness Institute (ACI) at the Lee Kuan Yew School of Public Policy, National University of Singapore, released the Nepal Competitiveness Index 2024 Report on 22 Feb 2024 (Read the official press release document here). This collaborative effort between NIPoRe and ACI intricately analyzes the socio-economic competitiveness of Nepal’s provincial units.

The detailed report assesses Nepal’s provinces across 64 indicators spanning four key domains: macroeconomic stability, government and institutional framework, financial landscape, business environment, workforce conditions, quality of life, and infrastructure development. This edition marks the second iteration of the report, following its inaugural release in 2022. Additionally, an addendum focusing on the digital competitiveness of the seven provinces is included in this publication.

The publication of the Nepal Competitiveness Index 2024 Report marks a significant milestone in evaluating and comprehending the socio-economic landscape of Nepal’s provinces. The collaboration between the NIPoRe and the ACI underscores a commitment to thorough analysis and informed decision-making.

We appreciate your keen interest in the Nepal Competitiveness Index 2024, reflecting your commitment to staying abreast of Nepal’s economic developments. To download a copy of the report and explore the valuable insights offered by the Index, please complete the form with your details.