Sudurpashchim Province's GDP Reaches Rs. 463 Billion in FY 2082/83; Economic Growth Estimated at 3.85%
Sudurpashchim Province recorded an estimated gross domestic product of Rs. 463 billion in FY 2082/83, with economic growth projected at 3.85%

Sudurpashchim Province's gross domestic product (GDP) reached an estimated Rs. 463 billion in fiscal year 2082/83. According to Nepal Rastra Bank's Economic Activities Study Report, the province's economic growth rate is estimated at 3.85% at consumer prices, matching the estimated national economic growth rate.
During the review year, the area covered by major agricultural crops declined by 2.11%, while their overall production increased by 0.82%. Among major food and cash crops, lentil production increased by 11.86%, while oilseed and soybean production each grew by 9.52%. In contrast, buckwheat production declined by 63.24% and barley production fell by 32.01%.
Livestock production showed growth across several categories. Milk production increased by 11.03%, meat by 6.91%, wool by 5.80%, eggs by 2.24%, hides and skins by 0.80%, and fish production by 0.76%.
The average capacity utilization of industries included in the study sample stood at 51.29%. Production increased in most industries, although output of concrete, soap and galvanized iron (GI) wire declined. Industrial loans accounted for 16.96% of total credit extended by banks and financial institutions in the province. Such loans increased by 3.72% compared to the end of Ashar 2082, reaching Rs. 27.7151 billion.
Despite industrial capacity utilization, hotel occupancy remained relatively weak. The average occupancy rate among 11 sampled hotels was 34.69%. By Falgun 2082, hydropower projects in the province had generated a combined 169 megawatts of electricity. Meanwhile, 62,736 people from Sudurpashchim Province obtained labour permits for foreign employment during FY 2082/83.