Taxes on goods and services in Nepal
Nepal: Taxes on goods and services was 9.6% 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 % value added of industry and services.
Analysis
Nepal recorded 9.6% for taxes on goods and services in 2023.
The figure is down 25.4% on the previous year and down 13.3% over ten years.
Over the whole period, taxes on goods and services in Nepal peaked at 16.9% in 2019 and was at its lowest, 6.4%, in 2001.
Nepal ranks 79th of 154 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 | % value added of industry and services | Change |
|---|---|---|
| 1990 | 7.4% | — |
| 1991 | 6.9% | -6.3% |
| 1992 | 7.0% | +0.8% |
| 1993 | 6.8% | -2.9% |
| 1994 | 7.6% | +13.1% |
| 1995 | 8.3% | +8.0% |
| 1996 | 8.0% | -2.9% |
| 1997 | 7.8% | -3.2% |
| 1998 | 7.4% | -5.1% |
| 1999 | 6.9% | -6.3% |
| 2000 | 7.0% | +1.8% |
| 2001 | 6.4% | -9.4% |
| 2002 | 6.4% | +0.3% |
| 2003 | 6.7% | +5.2% |
| 2004 | 7.0% | +3.6% |
| 2005 | 7.6% | +9.3% |
| 2006 | 7.4% | -2.2% |
| 2007 | 8.2% | +10.5% |
| 2008 | 8.5% | +2.9% |
| 2009 | 10.0% | +18.4% |
| 2010 | 12.4% | +24.0% |
| 2011 | 10.5% | -15.5% |
| 2012 | 10.5% | -0.1% |
| 2013 | 11.0% | +5.4% |
| 2014 | 11.7% | +5.6% |
| 2015 | 12.3% | +5.2% |
| 2016 | 13.1% | +6.4% |
| 2017 | 14.0% | +7.2% |
| 2018 | 16.4% | +17.3% |
| 2019 | 16.9% | +3.1% |
| 2020 | 10.5% | -37.8% |
| 2021 | 12.8% | +22.1% |
| 2023 | 9.6% | -25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | 6.8% | 8.3% | 10 |
| 2000s | 7.5% | 6.4% | 10.0% | 10 |
| 2010s | 12.9% | 10.5% | 16.9% | 10 |
| 2020s | 11.0% | 9.6% | 12.8% | 3 |
Countries ranked near Nepal
- 76 Malawi 10.1% compare
- 77 Belgium 10.1% compare
- 78 New Zealand 9.9% compare
- 80 Tanzania, United Republic of 9.5% compare
- 81 Dominican Republic 9.5% compare
- 82 Uganda 9.4% 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 9.6% 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 16.9% in 2019.
- What is the lowest taxes on goods and services recorded in Nepal?
- The lowest recorded value was 6.4% in 2001.
- How does Nepal rank for taxes on goods and services?
- Nepal ranks 79th out of 154 countries with data for 2023.
- Is taxes on goods and services rising or falling in Nepal?
- Over the last ten years it is down 13.3%. 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 (% value added of industry and services). Statizoid updates them automatically from the source API.
Download this data
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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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.