National
Province 5 ranks fourth in economic activities
Province 5 is ranked fourth in terms of its contribution to the GDP, according to the central bank.Rastriya Samachar Samiti
Province 5 is ranked fourth in terms of its contribution to the GDP, according to the central bank.
A report of the Nepal Rastra Bank said the contribution of Province 5 in the national GDP is 17.5 percent. The report was prepared after conducting province-level GDP and per capita income of the fiscal year 2017/18.
NRB Executive Director Nar Bahadur Thapa shared the report’s finding at an event in Butwal on Sunday.
Per capita income of the province is $868. However, the report shows that the province is in the forefront in terms of access to commercial banks. Out of 109 local levels in the province, 106 local levels have access to commercial banks.
As per the data, Province 5 has contributed 16.9 percent in the country’s agriculture sector, 10.4 percent in industrial output and 11.7 percent in the service sector.