Taxes on goods and services (current LCU), annual growth rate in Nepal
Nepal: Taxes on goods and services (current LCU), annual growth rate was 31.14 % change on previous year in 2021. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Nepal, 1991–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nepal recorded 31.14 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2021.
That represents a change of up 185.5% on the previous year and up 164.6% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Nepal peaked at 42.36 % change on previous year in 2010 and was at its lowest, -36.43 % change on previous year, in 2020.
Nepal ranks 18th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Nepal, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 22.68 % change on previous year | — |
| 1992 | 30.43 % change on previous year | +34.2% |
| 1993 | 16.24 % change on previous year | -46.7% |
| 1994 | 25.61 % change on previous year | +57.7% |
| 1995 | 20.98 % change on previous year | -18.1% |
| 1996 | 11.07 % change on previous year | -47.2% |
| 1997 | 9.05 % change on previous year | -18.2% |
| 1998 | 4.51 % change on previous year | -50.1% |
| 1999 | 4.14 % change on previous year | -8.2% |
| 2000 | 13.86 % change on previous year | +234.5% |
| 2001 | 16.19 % change on previous year | +16.8% |
| 2002 | 3.34 % change on previous year | -79.4% |
| 2003 | 13.81 % change on previous year | +313.6% |
| 2004 | 14.27 % change on previous year | +3.3% |
| 2005 | 20.92 % change on previous year | +46.6% |
| 2006 | 11.5 % change on previous year | -45.0% |
| 2007 | 24.2 % change on previous year | +110.4% |
| 2008 | 16.36 % change on previous year | -32.4% |
| 2009 | 39.94 % change on previous year | +144.2% |
| 2010 | 42.36 % change on previous year | +6.1% |
| 2011 | 11.77 % change on previous year | -72.2% |
| 2012 | 13.85 % change on previous year | +17.7% |
| 2013 | 17.95 % change on previous year | +29.6% |
| 2014 | 22.11 % change on previous year | +23.1% |
| 2015 | 15.24 % change on previous year | -31.0% |
| 2016 | 15.46 % change on previous year | +1.4% |
| 2017 | 27.37 % change on previous year | +77.0% |
| 2018 | 31.88 % change on previous year | +16.5% |
| 2019 | 15.51 % change on previous year | -51.3% |
| 2020 | -36.43 % change on previous year | -334.9% |
| 2021 | 31.14 % change on previous year | -185.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.08 % change on previous year | 4.14 % change on previous year | 30.43 % change on previous year | 9 |
| 2000s | 17.44 % change on previous year | 3.34 % change on previous year | 39.94 % change on previous year | 10 |
| 2010s | 21.35 % change on previous year | 11.77 % change on previous year | 42.36 % change on previous year | 10 |
| 2020s | -2.65 % change on previous year | -36.43 % change on previous year | 31.14 % change on previous year | 2 |
Countries ranked near Nepal
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- Military expenditure (current USD), gaps filled 426.52 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is taxes on goods and services (current lcu), annual growth rate in Nepal?
- Taxes on goods and services (current lcu), annual growth rate in Nepal was 31.14 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Nepal?
- The highest recorded value was 42.36 % change on previous year in 2010.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Nepal?
- The lowest recorded value was -36.43 % change on previous year in 2020.
- How does Nepal rank for taxes on goods and services (current lcu), annual growth rate?
- Nepal ranks 18th out of 156 countries with data for 2021.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Nepal?
- Over the last ten years it is up 164.6%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.