State and explain the situation of service sector industry in nepal?
Tuesday, April 25, 2023
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Question: State and explain the situation of service sector industry in nepal?
In 2021, just over 52.58 percent of Nepal’s gross domestic product (GDP) came from its service sector. Agriculture contributed the second largest amount, while eleven percent came from the industry sector. A gradual recovery is underway in Nepal, boosted by the lifting of containment measures as vaccination picks up, and tourism and migrant worker flows recover. The service sector is gaining its position and was able to contribute to the nation’s GDP by around 57%.
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