Nepal emerges as rising global outsourcing hub, Secures 19th position in global competitiveness ranking

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www.fiscalnepal.com · 2 weeks ago

Nepal has been ranked 19th globally as a competitive outsourcing destination by the Global Outsourcing Talent Index 2026, attributed to its young workforce, competitive labor costs, and English-language proficiency. The report highlights Nepal's strong performance in labor-cost competitiveness, outperforming several advanced economies. While the IT and outsourcing service exports are nearing USD 1 billion annually, challenges such as unstable tax policies and limited digital infrastructure remain.

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