Taxes on income, profits and capital gains in Nepal
Nepal: Taxes on income, profits and capital gains was 26.7% in 2023. ▲ Rising
Taxes on income, profits and capital gains 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 income, profits and capital gains in Nepal stood at 26.7%.
The figure is up 8.6% on the previous year and up 37.7% over ten years.
Over the whole period, taxes on income, profits and capital gains in Nepal peaked at 27.2% in 2020 and was at its lowest, 6.0%, in 1992.
That places Nepal 63rd out of 153 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Taxes on income, profits and capital gains in Nepal, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 8.9% | — |
| 1991 | 6.1% | -31.6% |
| 1992 | 6.0% | -2.1% |
| 1993 | 6.5% | +8.6% |
| 1994 | 9.1% | +40.2% |
| 1995 | 10.2% | +11.8% |
| 1996 | 10.6% | +4.0% |
| 1997 | 11.2% | +5.9% |
| 1998 | 12.4% | +11.0% |
| 1999 | 14.8% | +18.8% |
| 2000 | 15.1% | +2.4% |
| 2001 | 16.1% | +6.3% |
| 2002 | 14.7% | -8.8% |
| 2003 | 10.6% | -27.9% |
| 2004 | 11.4% | +8.0% |
| 2005 | 10.7% | -6.7% |
| 2006 | 10.9% | +2.2% |
| 2007 | 13.4% | +23.3% |
| 2008 | 13.8% | +2.6% |
| 2009 | 14.5% | +5.1% |
| 2010 | 15.6% | +8.0% |
| 2011 | 17.1% | +9.0% |
| 2012 | 18.0% | +5.6% |
| 2013 | 19.4% | +7.8% |
| 2014 | 18.7% | -3.7% |
| 2015 | 19.1% | +2.5% |
| 2016 | 21.8% | +13.8% |
| 2017 | 22.1% | +1.7% |
| 2018 | 19.3% | -13.0% |
| 2019 | 21.1% | +9.3% |
| 2020 | 27.2% | +29.3% |
| 2021 | 24.6% | -9.7% |
| 2023 | 26.7% | +8.6% |
Nepal compared with similar countries
- Nepal's 26.7% is above the median for lower middle income countries, which is 25.8%, 1.0× the median. (35 countries reporting)
- Nepal's 26.7% is above the median for South Asia, which is 26.2%, 1.0× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -31.6% | 8.9% | 6.1% |
| 1994 | +40.2% | 6.5% | 9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.6% | 6.0% | 14.8% | 10 |
| 2000s | 13.1% | 10.6% | 16.1% | 10 |
| 2010s | 19.2% | 15.6% | 22.1% | 10 |
| 2020s | 26.2% | 24.6% | 27.2% | 3 |
Countries ranked near Nepal
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 income, profits and capital gains in Nepal?
- Taxes on income, profits and capital gains in Nepal was 26.7% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Nepal?
- The highest recorded value was 27.2% in 2020.
- What is the lowest taxes on income, profits and capital gains recorded in Nepal?
- The lowest recorded value was 6.0% in 1992.
- How does Nepal rank for taxes on income, profits and capital gains?
- Nepal ranks 63rd out of 153 countries with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Nepal?
- Over the last ten years it is up 37.7%. 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 income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.