What is the meaning of gdp in nepali

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What is the Meaning of GDP in Nepali?

Gross Domestic Product (GDP) is a measure of the total economic output of a nation. It is used to measure the size of an economy and its growth rate. GDP is the sum of all the goods and services produced in a given country during a particular period of time, usually one year.

In Nepal, GDP is calculated by the Central Bureau of Statistics (CBS). The CBS compiles data from various sources such as government departments, private companies, and other organizations. It then computes the total value of all the goods and services produced in Nepal in a given year. This is known as the Gross Domestic Product or GDP.

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GDP is an important indicator of economic growth and development. It measures the total value of goods and services produced in an economy, which is then used to compare the development of different countries. GDP also helps economists to understand the health of an economy and to make policy decisions.

GDP is often used to compare countries with each other. It helps to identify the relative size of an economy, the level of economic development, and the economic performance of a country. GDP is also used to compare the economic performance of different countries over time.

In Nepal, GDP is an important indicator of economic progress. It is used to measure the level of economic development in the country and to compare it to other countries in the region. GDP is also used to assess the impact of government policies on economic growth and development.

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