In addition, there is the proposed India-Sri Lanka high voltage direct current transmission link with a submarine cable component; and a few projects including India-Pakistan. Current discussion among these countries could lead to exciting developments for the sub-region. The percentage of land covered by forests. Countries or cities with a higher number of hospital beds per 1,000 inhabitants usually have well-developed health care systems. Office Information. Their economic futures could change radically through collaboration between the countries in the region, lifting millions of people out of poverty. For this to happen, however, decades of mistrust between the two countries would have to be overcome. Progress is so slow that only 16 LDCs are expected to escape from this low development category by 2025. The next few years are critical if Nepal is to build on its success, managing its transition while confronting development challenges. Bhutan is one of about 30 early adopters of the Human Capital Project (HCP), a global effort to accelerate more and better investments in people for greater equity and economic growth and participated in the joint Bhutan Nepal HCP Forum in June 2019. According to the Asia Development Bank, there’s a glimmer of hope in the region because of a number of projects. A higher GDP per capita indicates a superior standard of living. The percentage of adults considered obese. By GDP 5-years average growth and GDP per capita, Nepal and Bhutan ranked 37th vs 23rd and 170th vs 129th, respectively. Here you have the comparison between The percentage of the countryâs population living below the poverty line, as reported by official statistics. Bangladesh and Nepal are estimated to grow faster than India in 2019, according to the World Bank, which said that overall growth in South Asia is projected to slow down this fiscal in line with a global downward trend. In LDCs broadly, the percentage of people who live in extreme poverty has doubled to nearly 40% since 1990, population without access to basic services, such as water, has more than doubled, and two-thirds of people do not have electricity. Yet Bhutan-Nepal relations have been a standstill for years. Slightly less than half of the workforce is in agriculture, but services are the major source of economic growth, accounting for nearly two-thirds of India's output but employing less than one-third of its labor force. Find out which is better and their overall performance in the country ranking. If properly planned and managed – and mindful of some of the countries’ specific social and economic concerns, cooperation – it could contribute to improved quality of life and overall development in all four countries. Source: worldometers.info. In 1951, the Nepali monarch ended the century-old system of rule by hereditary premiers and instituted a cabinet system of government. The total amount of public and private health expenditure on medical and paramedical services. None of the countries is in Asia. In the high mountains, the winter can be very cold, especially in January and February, while in the lowland areas to the south, where the climate is sub-tropical, the winter months can be pleasant and warm. Write an article and join a growing community of more than 122,500 academics and researchers from 3,928 institutions. The top services imported by Bhutan in 2017 were Personal travel ($67.6M), Construction in the compiling economy ($43.3M), Air transport ($23M), Miscellaneous business, professional, and technical services ($15M), and Embassies and consulates ($6.52M). Bhutan’s economic freedom score is 62.1, making its economy the 85th freest in the 2020 Index. Batteries provide the only access to electricity in some villages in Cambodia. Populous cities or countries usually offer better employment opportunities because of their large economies. It's little wonder, then, that this beautiful and diverse country has … Bhutan maintains strong economic, strategic, and military relations with India. Source: Wikipedia, 2021. It can be nice to live in big cities or countries, as a larger space may offer more options for residents and visitors. An insurgency led by Maoists broke out in 1996. The presence and number of airports shows how good is connection of city with different international destinations and its international accessibility. I had such an experience in Bhutan that I fear a visit to Nepal would be filled with comparisons. Country comparison, you can compare any two countries and see the data side by side. Source: Wikipedia, 2021. Forests have a key role in removing pollutants and cleansing the air. however, Bhutan’s trade and other economic relations are confined to only a few countries in the sub-region, mainly India, Bangladesh and Nepal, and a few countries outside the sub-region. Despite Bhutan’ small population there has been much economic development in recent years and the economy is growing rapidly. There are several cross-border electricity transmission interconnections planned or ongoing, such as the Bhutan-India additional grid reinforcement. The GDP per capita is calculated by dividing the total GDP by the number of people living in the country. The share of the population with access to electricity, in both rural and urban environments. World Bank Program The real GDP growth rate represents the year-over-year GDP growth, calculated by taking into account the price fluctuations caused by inflation. The economy of Bhutan, one of the world's smallest and least developed countries, is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Nepal has much potential for developing hydropower. Source: worldometers.info, The number of patients diagnosed with COVID-19 (coronavirus) that have successfully recovered from the disease. The number of physicians (generalist and specialist medical doctors) per 1,000 people. Source: Wikipedia, 2021; city's official stats, 2021. The UN reportnotes that while the 48 LDCs comprise around 880 million people – accounting for 12% of world population – they face such serious structural barriers to growth that they account for less than 2% of world GDP and around 1% of world trade. LDCs are classified according to their export specialisation, or type of exports that account for at least 45% of total exports of goods and services during the 2013-2015 period. Rugged mountains dominate the terrain and make the building of roads and other infrastructure difficult and expensive. Obesity is a public health problem and increases the risk of chronic diseases. Because the development performance of LDCs has been so disappointing, only four have graduated to developing country status in the time since the category was established in 1971.