Nepal Sees Significant Improvement in Financial Inclusion Index, Reaching 0.53
Summary
Nepal's Financial Inclusion Index improved to 0.53 in fiscal year 2024/25, driven by expanded access, digital usage, and enhanced service quality, as reported by Nepal Rastra Bank.
Key Points
- Nepal's overall Financial Inclusion Index increased from 0.47 to 0.53 in fiscal year 2024/25.
- The index is based on 55 indicators across access, usage, and quality dimensions of financial services.
- Access index reached 0.53 due to expansion of financial institutions and digital channels nationwide.
- Quality improvements attributed to increased financial literacy, consumer protection, and better customer experience.