Nepal may be a small nation with a population of only 3 crores, comparable to metropolis like Karachi or Mumbai but it is rising extremely fast in the 21st century. It's forex reserves have risen considerably and are rising every year.
https://kathmandupost.com/money/2023/12/14/nepal-s-forex-reserves-rise-to-a-record-12-75-billion Nepal's forex reserves are almost 13 Billion USD now, almsot 425 USD per capita.
For comparison, India's 620 Billion USD at 1.40 Billion population gives India forex per capita of 442 USD per capita, not much far ahead of Nepal.
Bangladesh has 17B USD and 16 crore people, approx. 105 forex reserve per capita.
Sri Lanka has recovered well after an economic collapse with 4.5 billion USD for it's 2.2 crore people.
Pakistan has approx 8 Billion forex reserves, almost double of Lanka.
Afghanistan's forex reserves are very difficult to predict due to lack of data published by it's central bank.
Forex reserve per capita (Total monetary reserves the govt owns per citizen) :-
Nepal 425 USD
India 442 USD
Bangladesh 105 USD
Sri Lanka 205 USD
Pakistan 32 USD
https://kathmandupost.com/money/2023/12/14/nepal-s-forex-reserves-rise-to-a-record-12-75-billion Nepal's forex reserves are almost 13 Billion USD now, almsot 425 USD per capita.
For comparison, India's 620 Billion USD at 1.40 Billion population gives India forex per capita of 442 USD per capita, not much far ahead of Nepal.
Bangladesh has 17B USD and 16 crore people, approx. 105 forex reserve per capita.
Sri Lanka has recovered well after an economic collapse with 4.5 billion USD for it's 2.2 crore people.
Pakistan has approx 8 Billion forex reserves, almost double of Lanka.
Afghanistan's forex reserves are very difficult to predict due to lack of data published by it's central bank.
Forex reserve per capita (Total monetary reserves the govt owns per citizen) :-
Nepal 425 USD
India 442 USD
Bangladesh 105 USD
Sri Lanka 205 USD
Pakistan 32 USD
Source:
Reserve bank data of various countries
Reserve bank data of various countries






