Taxes on goods and services in Nepal
Nepal: Taxes on goods and services was 38.0% in 2023. ▲ Rising
Taxes on goods and services in Nepal, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2023, taxes on goods and services in Nepal stood at 38.0%.
Compared with earlier readings it is down 3.3% on the previous year and down 6.6% over ten years.
Over the whole period, taxes on goods and services in Nepal peaked at 47.5% in 2019 and was at its lowest, 31.1%, in 2003.
Nepal ranks 47th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Taxes on goods and services in Nepal, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 33.0% | — |
| 1991 | 34.0% | +3.0% |
| 1992 | 38.1% | +12.0% |
| 1993 | 35.8% | -6.0% |
| 1994 | 38.4% | +7.1% |
| 1995 | 36.4% | -5.1% |
| 1996 | 34.8% | -4.4% |
| 1997 | 33.8% | -2.9% |
| 1998 | 33.9% | +0.3% |
| 1999 | 33.3% | -1.9% |
| 2000 | 32.2% | -3.4% |
| 2001 | 32.5% | +1.1% |
| 2002 | 32.3% | -0.5% |
| 2003 | 31.1% | -3.8% |
| 2004 | 32.5% | +4.5% |
| 2005 | 33.9% | +4.2% |
| 2006 | 37.0% | +9.3% |
| 2007 | 37.9% | +2.2% |
| 2008 | 37.3% | -1.4% |
| 2009 | 37.9% | +1.7% |
| 2010 | 41.5% | +9.3% |
| 2011 | 39.6% | -4.4% |
| 2012 | 40.0% | +1.0% |
| 2013 | 40.7% | +1.6% |
| 2014 | 40.6% | -0.1% |
| 2015 | 42.1% | +3.6% |
| 2016 | 41.7% | -0.8% |
| 2017 | 42.6% | +2.1% |
| 2018 | 45.7% | +7.4% |
| 2019 | 47.5% | +3.8% |
| 2020 | 34.5% | -27.4% |
| 2021 | 39.3% | +14.0% |
| 2023 | 38.0% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.2% | 33.0% | 38.4% | 10 |
| 2000s | 34.5% | 31.1% | 37.9% | 10 |
| 2010s | 42.2% | 39.6% | 47.5% | 10 |
| 2020s | 37.2% | 34.5% | 39.3% | 3 |
Countries ranked near Nepal
- 44 Vanuatu 39.0% compare
- 45 Latvia 38.9% compare
- 46 North Macedonia 38.3% compare
- 48 Tanzania, United Republic of 37.5% compare
- 49 Hungary 37.1% compare
- 50 El Salvador 37.0% compare
More public sector data for Nepal
- Arms imports 0 SIPRI trend indicator values (2021)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 0 SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 14.38 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0099 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -2.28 % change on previous year (2024)
- 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 in Nepal?
- Taxes on goods and services in Nepal was 38.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Nepal?
- The highest recorded value was 47.5% in 2019.
- What is the lowest taxes on goods and services recorded in Nepal?
- The lowest recorded value was 31.1% in 2003.
- How does Nepal rank for taxes on goods and services?
- Nepal ranks 47th out of 156 countries with data for 2023.
- Is taxes on goods and services rising or falling in Nepal?
- Over the last ten years it is down 6.6%. The long-run trend across the full record is rising.
- Where does this Nepal data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.