Challenges After Graduation From LDC

Nepal is graduating from the LDC status to a developing country in November 2026. The criteria for graduation are per capita income, the human asset index (HAI) and the economic and environmental vulnerability index (EVI). At least any two of the criteria must be met to be eligible for graduation. Nepal met the HAI and EVI criteria in three successive triennial reviews in 2015, 2018 and 2021. Nepal itself refused to graduate to the status of a developing country in 2015 and 2018 owing to the impacts of the 2015 earthquake on the economy and the low per capita income.