How does a typical family in Nepal spend its money?

25 Feb 2018 - codefornepal

Do you wonder how your family or other families spend money?

Of course, every family is unique but thanks to the Annual Household Survey published by the Nepal Government, we know how an average Nepali family spends its money.

The average annual household consumption in 2015/16 was Rs, 3,22,730 or approximately USD 3,111.12. (Exchange rate: 1 Nepalese Rupee equals 0.0096 US Dollar)

More than half of household consumption (53.8%) went toward food, while 12.9% was spent on rent, 4% on education, and 3.9% on alcohol and tobacco. 

Explore the chart below to see how Nepalis spend their money.

Compared to 2014/15, the average household’s consumption has increased by Rs 30,418. However, inequality in Nepal is widening: “The annual consumption of the richest 20% households is Rs. 6,13,725 which is 4.2 times higher than that of the poorest 20% households.” 

What do you think? Share your thoughts in the comments!

(If you are looking for an embed code for this chart, check out this Google doc.)

Data source: Nepal Gov (PDF)