Province No. 5 in fourth rank in view of economic activities
RSS
Monday, Oct 01, 2018
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Butwal-Province No 5 is ranked fourth in view of Gross Domestic Product (GDP) contribution, the central bank said.
According to a report released by the Nepal Rastra Bank (NRB), the contribution of the province 5 in the national GDP is 17.5 per cent. It is said that the report was prepared after conducting province-level GDP and per capita income of the fiscal year 2017/18 on the basis of overall human development report-2014.
Releasing the report in Butwal on Sunday, Executive Director of the Nepal Rastra Bank Nar Bahadur Thapa said that province no 5 is in the fourth position as per the annual capita income.
Per capita income of the province is 868 US dollar. However, the report shows that the province is in the forefront in view 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 no 5 has contributed 16.9 per cent in the country’s agriculture sector, 10.4 per cent in the industrial output and 11.7 per cent in service sector. The province has 15.5 per cent of the country’s total population.