A rigorous quantitative analysis of Nepal's democratic development using Varieties of Democracy (V-Dem) data. This report examines 75 years of political history, identifying three failed democratization attempts, the 2012-2013 constitutional crisis, and recent stabilization under the federal republic. Explores electoral vs. liberal democracy gaps, corruption persistence, federalism implementation, and regional comparisons across South Asia. Includes interactive visualizations and policy-relevant insights for democratic consolidation. Keywords: Nepal democracy, V-Dem indices, democratization, South Asia politics, electoral democracy, constitutional crisis, federalism, political volatility