Nepal stalls in Prosperity Index

Nepal has only slightly progressed in the annual overall prosperity rankings this year but rose 15 steps over the last decade with substantial improvement in security and social capital

Nov 16, 2020
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Nepal has only slightly progressed in the annual overall prosperity rankings this year but rose 15 steps over the last decade with substantial improvement in security and social capital. Worldwide, global prosperity was at its highest ever level when COVID-19 struck.

The London-based Legatum Institute’s 2020 Prosperity Index released on Tuesday analyses 167 countries around the world on 12 measures in three broad metrics: inclusive societies, open economics and empowered people.
 
With an overall ranking of 114, Nepal still maintains its position of 22nd poorest out of the 29 countries in Asia-Pacific. It has made the most dramatic progress over the last decade in prosperity measures such as safety and security (scoring from 47.2 to 68.5, a jump of 66 points in the global ranking) and social capital (37.5 to 50.5, up 59 position).


https://www.nepalitimes.com/latest/nepal-stalls-in-prosperity-index/

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