Latin America & Caribbean (excluding high income) vs Nepal: Taxes on international trade
Taxes on international trade over time
- Latin America & Caribbean (excluding high income)
- Nepal
How they compare
Nepal currently reports 16.6% against 4.5% in Latin America & Caribbean (excluding high income), a difference of 12.1%.
That makes Nepal's figure about 3.7 times Latin America & Caribbean (excluding high income)'s.
Across all 23 years both countries report, Nepal has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 18th and Nepal ranks 16th of 41 groups.
Nepal has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.9% | 23.7% | 15.8% | Nepal |
| 2000s | 6.4% | 19.3% | 13.0% | Nepal |
| 2010s | 4.1% | 16.0% | 11.9% | Nepal |
| 2020s | 3.5% | 17.4% | 13.9% | Nepal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Latin America & Caribbean (excluding high income) or Nepal?
- Nepal, at 16.6% against 4.5% in Latin America & Caribbean (excluding high income) as of 2023.
- What is the difference in taxes on international trade between Latin America & Caribbean (excluding high income) and Nepal?
- 12.1%, with Nepal ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Nepal?
- 23 years are reported by both, from 1998 to 2023.
- How do Latin America & Caribbean (excluding high income) and Nepal rank globally for taxes on international trade?
- Latin America & Caribbean (excluding high income) ranks 18th and Nepal ranks 16th of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.