Commitment to Reducing Inequality Index 2020

Country Policy Brief, Nepal

Paper publication date: 
Friday, October 9, 2020

The gap between richest and poorest is extreme and growing in Nepal. The poorest have seen their incomes stall in recent years, while the richest fifth of Nepalis have seen their income share increase. The income of the richest 10% is now more than three times that of the poorest 40%. Yet more than 8.1 million Nepali’s live in extreme poverty, while huge rewards are going to those at the very top - top bank executives earn more than 100 times the salary of an average worker.