Economic indicators of Nepal are quite helpful to the country in assessing their current economic status. In Nepal, all of the economic data is kept on a central board and disseminated through various media such as newspapers and television. The main purpose of the economic indicators of Nepal is to assess the current status of the country and provide a clear picture of what the future is going to hold for it.
Economic indicators are used by the government agencies such as the Finance Commission of Nepal (FNC), the Government Economic Research Council (GERC) etc. These agencies collect, collate and analyze all of the information that they can get from all the different sources in order to compile the information in the form of a good macro economic indicator of Nepal. This information is then used in order to formulate plans for the economy and help them to predict how the economy will go in the future. The economic indicators are collected and compiled in different ways but they all have one thing in common.
The macro-economic indicators of Nepal are made up of the information that has been collected, collated and analyzed by different agencies in order to provide a true picture of the state of the economy of Nepal. One of the main types of data that these agencies collect is consumer spending habits of the people. This data is then used by the macro-economic indicators of Nepal to determine what the population needs and desires from the economy.
Another type of data that is collected and used by the macro-economic indicators of Nepal is how much money the government has to invest on its development. This data is then used by the data collection agencies to determine how much money the government needs in order to carry out its development plan.
The last type of data that is gathered by these data collection agencies is the condition of the agricultural sector in Nepal. The agricultural sector is considered to be very important because the agricultural products of Nepal are considered to be one of the most important sectors in the country.
The key function of the macro-economic indicators of Nepal is to inform the government agencies about the economic situation in Nepal. They also serve to tell the world the state of the economy of Nepal in terms of the demand and supply of the various products.