Taxes on goods and services (current LCU), per unit of GDP in Nepal
Nepal: Taxes on goods and services (current LCU), per unit of GDP was 8.42 current LCU per US$ of GDP in 2023. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Nepal, 1990–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Nepal recorded 8.42 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2023.
That represents a change of down 12.1% on the previous year and up 38.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Nepal peaked at 12.41 current LCU per US$ of GDP in 2019 and was at its lowest, 0.9613 current LCU per US$ of GDP, in 1990.
Nepal ranks 45th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Nepal, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.9613 current LCU per US$ of GDP | — |
| 1991 | 1.09 current LCU per US$ of GDP | +13.5% |
| 1992 | 1.64 current LCU per US$ of GDP | +50.4% |
| 1993 | 1.77 current LCU per US$ of GDP | +8.0% |
| 1994 | 2 current LCU per US$ of GDP | +13.0% |
| 1995 | 2.24 current LCU per US$ of GDP | +11.8% |
| 1996 | 2.42 current LCU per US$ of GDP | +8.1% |
| 1997 | 2.43 current LCU per US$ of GDP | +0.2% |
| 1998 | 2.57 current LCU per US$ of GDP | +5.9% |
| 1999 | 2.58 current LCU per US$ of GDP | +0.5% |
| 2000 | 2.69 current LCU per US$ of GDP | +4.3% |
| 2001 | 2.86 current LCU per US$ of GDP | +6.3% |
| 2002 | 2.94 current LCU per US$ of GDP | +2.6% |
| 2003 | 3.19 current LCU per US$ of GDP | +8.8% |
| 2004 | 3.18 current LCU per US$ of GDP | -0.6% |
| 2005 | 3.44 current LCU per US$ of GDP | +8.2% |
| 2006 | 3.44 current LCU per US$ of GDP | +0.2% |
| 2007 | 3.75 current LCU per US$ of GDP | +8.8% |
| 2008 | 3.59 current LCU per US$ of GDP | -4.2% |
| 2009 | 4.9 current LCU per US$ of GDP | +36.6% |
| 2010 | 5.6 current LCU per US$ of GDP | +14.4% |
| 2011 | 4.65 current LCU per US$ of GDP | -17.1% |
| 2012 | 5.26 current LCU per US$ of GDP | +13.2% |
| 2013 | 6.07 current LCU per US$ of GDP | +15.5% |
| 2014 | 7.23 current LCU per US$ of GDP | +19.0% |
| 2015 | 7.78 current LCU per US$ of GDP | +7.5% |
| 2016 | 8.92 current LCU per US$ of GDP | +14.7% |
| 2017 | 9.62 current LCU per US$ of GDP | +7.8% |
| 2018 | 11.1 current LCU per US$ of GDP | +15.4% |
| 2019 | 12.41 current LCU per US$ of GDP | +11.9% |
| 2020 | 8.07 current LCU per US$ of GDP | -35.0% |
| 2021 | 9.58 current LCU per US$ of GDP | +18.7% |
| 2023 | 8.42 current LCU per US$ of GDP | -12.1% |
Nepal compared with similar countries
- Nepal's 8.42 current LCU per US$ of GDP is above the median for lower middle income countries, which is 3.52 current LCU per US$ of GDP, 2.4× the median. (37 countries reporting)
- Nepal's 8.42 current LCU per US$ of GDP is above the median for South Asia, which is 3.76 current LCU per US$ of GDP, 2.2× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.97 current LCU per US$ of GDP | 0.9613 current LCU per US$ of GDP | 2.58 current LCU per US$ of GDP | 10 |
| 2000s | 3.4 current LCU per US$ of GDP | 2.69 current LCU per US$ of GDP | 4.9 current LCU per US$ of GDP | 10 |
| 2010s | 7.86 current LCU per US$ of GDP | 4.65 current LCU per US$ of GDP | 12.41 current LCU per US$ of GDP | 10 |
| 2020s | 8.69 current LCU per US$ of GDP | 8.07 current LCU per US$ of GDP | 9.58 current LCU per US$ of GDP | 3 |
Countries ranked near Nepal
- 42 Kyrgyzstan 10.82 current LCU per US$ of GDP compare
- 43 Kenya 8.81 current LCU per US$ of GDP compare
- 44 Cape Verde 8.71 current LCU per US$ of GDP compare
- 46 Russia 7.46 current LCU per US$ of GDP compare
- 47 North Macedonia 6.79 current LCU per US$ of GDP compare
- 48 Equatorial Guinea 6.52 current LCU per US$ of GDP compare
More public sector data for Nepal
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 6.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate 428.57 % change on previous year (2019)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Nepal?
- Taxes on goods and services (current lcu), per unit of gdp in Nepal was 8.42 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Nepal?
- The highest recorded value was 12.41 current LCU per US$ of GDP in 2019.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Nepal?
- The lowest recorded value was 0.9613 current LCU per US$ of GDP in 1990.
- How does Nepal rank for taxes on goods and services (current lcu), per unit of gdp?
- Nepal ranks 45th out of 157 countries with data for 2023.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Nepal?
- Over the last ten years it is up 38.7%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.