Taxes on income, profits and capital gains in Nepal
Nepal: Taxes on income, profits and capital gains was 32.5% 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 total taxes.
Analysis
Nepal recorded 32.5% for taxes on income, profits and capital gains in 2023.
Compared with earlier readings it is up 11.6% on the previous year and up 31.2% over ten years.
Over the whole period, taxes on income, profits and capital gains in Nepal peaked at 34.8% in 2020 and was at its lowest, 8.8%, in 1992.
That places Nepal 97th 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 total taxes | Change |
|---|---|---|
| 1990 | 13.0% | — |
| 1991 | 9.4% | -28.1% |
| 1992 | 8.8% | -5.7% |
| 1993 | 10.0% | +13.6% |
| 1994 | 12.5% | +24.8% |
| 1995 | 14.0% | +11.4% |
| 1996 | 15.3% | +9.7% |
| 1997 | 16.2% | +5.4% |
| 1998 | 17.6% | +9.0% |
| 1999 | 20.0% | +13.8% |
| 2000 | 21.0% | +4.9% |
| 2001 | 21.9% | +4.2% |
| 2002 | 20.5% | -6.4% |
| 2003 | 16.2% | -21.3% |
| 2004 | 16.9% | +4.4% |
| 2005 | 16.2% | -3.7% |
| 2006 | 16.0% | -1.8% |
| 2007 | 19.3% | +20.9% |
| 2008 | 19.5% | +1.2% |
| 2009 | 20.5% | +5.2% |
| 2010 | 21.2% | +3.0% |
| 2011 | 23.8% | +12.4% |
| 2012 | 24.2% | +1.9% |
| 2013 | 24.8% | +2.2% |
| 2014 | 24.2% | -2.3% |
| 2015 | 24.2% | +0.0% |
| 2016 | 27.1% | +12.0% |
| 2017 | 26.2% | -3.6% |
| 2018 | 23.5% | -10.3% |
| 2019 | 24.6% | +5.0% |
| 2020 | 34.8% | +41.1% |
| 2021 | 29.1% | -16.3% |
| 2023 | 32.5% | +11.6% |
Nepal compared with similar countries
- Nepal's 32.5% is below the median for lower middle income countries, which is 35.7%, 91% of the median. (35 countries reporting)
- Nepal's 32.5% is below the median for South Asia, which is 33.0%, 98% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.7% | 8.8% | 20.0% | 10 |
| 2000s | 18.8% | 16.0% | 21.9% | 10 |
| 2010s | 24.4% | 21.2% | 27.1% | 10 |
| 2020s | 32.1% | 29.1% | 34.8% | 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 32.5% 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 34.8% in 2020.
- What is the lowest taxes on income, profits and capital gains recorded in Nepal?
- The lowest recorded value was 8.8% in 1992.
- How does Nepal rank for taxes on income, profits and capital gains?
- Nepal ranks 97th 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 31.2%. 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 total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.